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“# Afterpay tells Senate inquiry crypto could slash merchant payment costs ” Australian buy now pay later (BNPL) firm Afterpay believes that local merchants can slash payment costs by utilizing cryptocurrencies. In a submission to the Senate inquiry into “Australia as a Technology and Financial Center”, Afterpay stated that the use of blockchain-based transactions would…
“# McDonald’s now accepts Bitcoin, but only in El Salvador ” El Salvador’s recognition of Bitcoin (BTC) as legal tender has opened up new payment options for its citizens, with fast-food empire McDonald’s reportedly accepting payments in the cryptocurrency through Lightning Network. Journalist Aaron van Wirdum broke the news Tuesday after he visited a McDonald’s…
“# Shop.com now accepts Bitcoin payments after partnership with BitPay ” United States-based e-commerce platform Shop.com is the latest such site to adopt cryptocurrency payments. The company, which is owned by Market America, announced its partnership with crypto payment service provider BitPay, which will allow it to accept payments in several cryptocurrencies including Bitcoin (BTC)….
“# Mark Cuban’s Dallas Mavericks offer cashback rewards on Dogecoin purchases ” Dallas Mavericks, Mark Cuban’s NBA franchise, started a cashback rewards program to incentivize merchandise and ticket payments in Dogecoin (DOGE). The rewards program is dubbed “Mavs Cryptomania,” and customers who spend more than $150 worth of Dogecoin in one transaction will receive a $25…
“# Belgian startup debuts Bitcoin payments for parking tickets ” Seety, a digital parking startup based in Belgium, has introduced crypto payment support for parking tickets. According to a report by DataNews on Thursday, the company which is one of the firms bootstrapped by Belgian accelerator program Start it @KBC has rolled out a crypto…
“# OnlyFans boss explains how ‘aggressive’ banks forced it to drop adult content ” Tim Stokely, the founder and CEO of OnlyFans has explained how banks had forced it to drop adult content from the subscription-based content platform. OnlyFans is a popular platform connecting online sex workers to subscribers, but the firm recently changed its…
“# Publishing platform Substack now accepts Bitcoin payments ” An integration with payment processor OpenNode will allow content platform Substack to accept Bitcoin payments on-chain and using the Lightning Network. In a Monday announcement, OpenNode said it had partnered with Substack “to make it easy for writers and publications to get paid in Bitcoin.” According…
“# PayPal launches crypto services for UK customers ” Beginning this week, residents of the United Kingdom will be able to buy, hold and sell cryptocurrencies through PayPal for the first time — marking a significant milestone for a company that began offering digital asset services less than a year ago. The global payments provider…
“# Second largest US mortgage lender will accept crypto payments this year ” United Wholesale Mortgage (UWM), the second-largest U.S.-based mortgage lender is planning to accept cryptocurrency payments this year starting with Bitcoin (BTC). UWM CEO Mat Ishbia revealed the crypto plans on Monday in a conference call regarding the firms’ Q2 results — with…
“# 3 developments signal that Verasity (VRA) price may have bottomed ” The marketwide sell-off on May 19 triggered a 55% decline in the price of Bitcoin (BTC), and altcoins were hit even harder, with some tokens seeing declines of up to 90%. One project whose native token price appears to have bottomed out after an 87%…