payments

payments

Tech

Top Bitcoin Developers Face Off in a Lightning-Powered Boxing Match

The esports smackdown was meant to highlight the power of bitcoin's lightning network – since the cutting-edge payments system is fast, cheap and lets users send tiny payments, even a fraction of a cent.

LIGHTNING STRIKE: The two devs duked it out in a digital boxing match. (Photo courtesy of Michael Folkson)

Finance

BitPay Launches In-Store Crypto Payments With New POS Partnership

The crypto payments provider is now taking its service into bricks-and-mortar stores with a new point-of-sale partnership.

BitPay CEO Stephen Pair

Markets

Why Cypherpunk Witches Love Bitcoin

Cryptocurrency lets modern-day witches transact beyond the grasp of restrictive e-commerce platforms.

RITUAL OBJECTS: Censorship-resistant money lets KVLT Kreations sell its wares. (Courtesy photo)

Finance

Paystand Raises $20M to Be Blockchain-Based 'Venmo' for Commercial Payments

The firm offers a platform using blockchain tech to automate commercial payments.

Dollars

Finance

Lightning Labs Raises $10M Series A to Be the 'Visa' of Bitcoin

Lightning Labs has raised $10 million in Series A financing as it gears up to launch its first paid service for merchants accepting bitcoin payments.

Elizabeth Stark speaks at the 2019 Blockstack Summit in San Francisco. (Credit: Gary Sexton / Blockstack Summit)

Finance

Intermex Partners With Ripple for XRP-Based Remittance Corridor

Intermex has said it will use use RippleNet for its U.S.-Mexican remittance corridor.

Brad Garlinghouse, Ripple CEO, speaks at Davos 2020. (CoinDesk)

Tech

MIT Develops 'Spider' Tech to Enable More Efficient Off-Chain Crypto Transactions

The researchers say their new routing scheme can help avoid congestion on off-chain cryptocurrency networks.

Credit: Shutterstock

Finance

Bitcoin Usage Among Merchants Is Up, According to Data From Coinbase and BitPay

Although bitcoin adoption may move at a glacial pace, merchants are seeing sustained traction regardless of market dips.

BTC ACCEPTED HERE: Lola Luna lingerie saw a steady stream of bitcoin payments in 2019. (Courtesy photo)

Finance

Zap's New Product Lets Merchants Take Dollars Over Lightning Network

"Merchants can accept bitcoin and lightning payments with the same infrastructure, except they never touch the asset," explained Zap founder Jack Mallers.

Zap founder Jack Mallers speaks at the 2019 Lightning Conference in Berlin. (Will Foxley/CoinDesk archives)

Policy

UK Financial Service Provider to Coinbase, Bitstamp Awarded FCA Payments License

A company that provides payment services for cryptocurrency companies including Coinbase, Bitstamp and Galaxy Digital has been awarded a license by the U.K.'s Financial Conduct Authority (FCA).

Credit: Shutterstock