Block, formerly known as payments company Square, is going ahead with its plan to build an open-source bitcoin mining system, according to a Tweet from Thomas Templeton, Block's general manager for hardware.In October we announced that we’re considering building a bitcoin mining system, out in the open & alongside the community, and we’ve decided…we’re doing it! We thought … [Read more...] about Payments Giant Block to Build Open-Source Bitcoin Mining System
Payments
Dogecoin Surges 11% as Payments Go Live on Tesla Store
Dogecoin (DOGE) payments went live on the Tesla store in Asian hours on Friday, with prices seeing an 11% increase shortly afterward.yoit's happening!#dogecoin #doge4teslahttps://t.co/aYKGdYjJ5h pic.twitter.com/271DIW8oFJ— Shibetoshi Nakamoto (@BillyM2k) January 14, 2022The store displays pricing information in both U.S. dollars and dogecoin. The Giga Texas Belt … [Read more...] about Dogecoin Surges 11% as Payments Go Live on Tesla Store
Elrond Foundation Acquires Crypto Payments Firm Utrust
Sanja Kon, CEO of Utrust, which is regulated in Estonia and currently processes payments in BTC, ETH, DASH and USDT, as well as its own UTK token and now Elrond eGold (EGLD), says merchants are much more amenable to settling in cryptocurrency these days. As far as earning yield on their crypto, Kon believes merchants want to invest in the blockchain universe. Source link … [Read more...] about Elrond Foundation Acquires Crypto Payments Firm Utrust
NYDIG-Owned Payments Startup Bottlepay Obtains FCA Registration
Payments startup Bottlepay said it has been approved by the Financial Conduct Authority (FCA) to carry out crypto-asset activities in the U.K., making it the first Lightning network-based firm to win permission from the country’s financial regulator .Bottleplay, which is owned by bitcoin investment company NYDIG, allows users to make micropayments using messages on Twitter, … [Read more...] about NYDIG-Owned Payments Startup Bottlepay Obtains FCA Registration
B2B Payments Platform Tribal Raises Debt Round Including $20M in Stellar USDC
According to Duane Good, COO of Tribal, the round will help Tribal fund SMBs’ receivables in the markets where it operates – Mexico, Brazil, Chile, Colombia and Peru. In Latin America, the company plans to expand into Argentina, and the company is also considering expanding into Africa, Europe and Soutj Asia in the future, Elkasstawi added. Source link … [Read more...] about B2B Payments Platform Tribal Raises Debt Round Including $20M in Stellar USDC