Citizens Trust Bank to Hold $65 Million in USDC Reserves as Circle Expands Bank Partnerships

Citizens Trust Bank to Hold $65 Million in USDC Reserves as Circle Expands Bank PartnershipsOn Friday, the cryptocurrency firm and stablecoin issuer Circle announced that the financial institution Citizens Trust Bank will hold $65 million in usd coin cash reserves. Circle said the move is part of the company’s plan to allocate shares of the stablecoin’s denominated reserves to minority-owned depository institutions (MDIs) and community banks across the United […]

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Leading Bitcoin Payments Processor Bitpay Joins Crypto Patent Alliance COPA

Leading Bitcoin Payments Processor Bitpay Joins Crypto Patent Alliance COPAThe world’s largest provider of cryptocurrency payment services, Bitpay has announced the company is joining the Square-founded crypto patent effort the Crypto Open Patent Alliance (COPA). Bitpay has been working with blockchain products since 2011 and the firm will share open-source projects and use a shared patent library with the crypto patent organization. Bitpay Joins […]

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Bitpay Launches New Payroll Service for Companies That Opt to Pay Employees in Crypto

Bitpay Launches New Payroll Service for Companies That Opt to Pay Employees in CryptoThe Atlanta-based cryptocurrency payment processing company Bitpay is now getting involved with payroll services. The firm announced the launch of Bitpay Send, a mass payout service that enables organizations of all sizes to pay employees, affiliates, and freelance contractors. Bitcoin and cryptocurrency payment services provider Bitpay has announced the launch of a new product called […]

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Ternio Joins Visa’s Fast Track Program As New Enablement Partner

ATLANTA, GA – October 13th, 2020. The global fintech platform Ternio, announced today that it has joined Visa’s Fast Track program as a cryptocurrency focused enablement partner. By becoming part of Visa’s Fast Track program, Ternio will be able to make it quicker and easier for fintechs to leverage Visa’s global payments network and introduce […]

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Capturing Petahash: Marathon Obtains 3,300 Bitcoin Mining Rigs, Acquires Fastblock for $22 Million

Capturing Petahash: Marathon Obtains 3,300 Bitcoin Mining Rigs, Acquires Fastblock for $22 MillionThe Nasdaq-listed cryptocurrency mining company, Marathon Patent Group, has announced it will be purchasing Fastblock Mining in an all stock transaction. The firm’s letter of intent revealed Marathon will acquire Fastblock for around $22 million. The company will obtain 3,304 ASIC bitcoin miners from the deal, which will give the business a total of 5,364 […]

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Ternio’s ERC-20 TERN Token Listed On Global Crypto Exchange Bibox

ATLANTA, GA – August 10, 2020 – Ternio’s ERC-20 payment token TERN, has been listed by global cryptocurrency exchange, Bibox. This news comes two months after Ternio’s announcement that they would be burning ten percent of the TERN supply, previously hosted on the Stellar Network, and making it available as an ERC-20 asset. Since the […]

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Bitpay Partnership With Poynt Enables Crypto Payments at 100,000 Point-of-Sale Devices

Bitpay Partnership With Poynt Enables Crypto Payments at 100,000 Point-of-Sale DevicesOn February 11, the Atlanta-based payment processor Bitpay announced the firm’s recent partnership with the company Poynt. Now retailers will be able to support cryptocurrency payments using point-of-sale devices and crypto users will be able to pay with digital currencies at more than 100,000 Poynt retailers worldwide. Also Read: Ethereum vs Tron: Comparing Data, Defi […]

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Bitpay Users Can Now Purchase Crypto With Fiat In-App

Bitpay App Users Can Purchase Crypto Via the Firm's Multi-Service SolutionOn January 23, the cryptocurrency payment firm Bitpay announced it will be allowing customers to purchase digital assets using the Bitpay platform. The Atlanta-based company partnered with fiat-to-crypto payment processor Simplex to offer the crypto purchasing experience. Bitpay says the latest feature will provide an “all-in-one solution” for cryptocurrency-related activities. Also Read: Bitcoin.com Partners With […]

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Latin American Payment App Mercado Pago Can Be Topped-Up With Crypto

Latin American Payment App Mercado Pago Can Be Topped-Up With CryptoThe Atlanta-based blockchain payment provider Bitpay has announced the firm has partnered with Mercado Livre, one of the largest ecommerce providers in Latin America. The collaboration provides people with the ability to purchase Mercado Livre gift cards with cryptocurrencies such as bitcoin cash (BCH), and BTC. Also read: Crypto Terminals Offer Venezuelans a Bridge to […]

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Bitpay and Refundo Now Provide Tax Return Payouts in BTC

Bitpay and Refundo Now Provide Tax Return Payouts in BTCOn April 30, the global cryptocurrency payment processing firm Bitpay announced its partnership with the tax-related financial products and services provider Refundo. The collaboration will give U.S. residents the ability to receive all or a portion of their federal and state tax refunds in crypto. Also read: How to Create a Bitcoin Cash Wallet With […]

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