Bitcoin Core Developer Advocates Credit Card Payments Over BTC

Bitcoin Core developer Jimmy Song has caused controversy by suggesting that bitcoin enthusiasts would be better off using credit cards as a means of payment. He described this strategy as being “more rational and convenient” than making multiple onchain transactions. His advice flies in the face of the rationale behind Bitcoin and has provoked a […]

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Putin Opponent Received 25% of Campaign Donations in Bitcoin

Alexei Navalny, one of the major opposition politicians who ran against current Russian President Vladimir Putin this year, raised more than 25 percent of his campaign donations in bitcoin. 100,000 Donors, $6 Million During the 2018 Russian presidential election, analysts predicted a landslide victory for Putin and for him to be re-elected with the support of the majority of the Russian people. On March 18, Vladimir Putin secured his fourth term in office with 77 percent of the votes, garnering more than 56 million votes. However, Navalny, who was considered to be one of the few politicians in the country with a chance of success

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Bitflyer Increases Bitcoin Adoption with Record Number of Users

Bitflyer Increases Bitcoin Adoption with Record Number of UsersJapanese cryptocurrency exchange Bitflyer reported a 100% increase in the number of its users in just the past four months, as the company continues to grow crypto adoption in Japan by partnering with major stores. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Bitflyer’s Customers Reach 2 Million Japan’s largest cryptocurrency exchange […]

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Lawyers Are Taking Payment in Bitcoin Despite Conflict of Interest Concerns

Lawyers Are Taking Payment in Bitcoin Despite Conflict of Interest ConcernsAn increasing number of lawyers are taking payment in bitcoin and other cryptocurrencies. With many ICO startups destitute until their crowdsale, ether or tokens are often all they can offer. Rather than turn away business, some lawyers have admitted to taking payment in crypto. While increased acceptance of cryptocurrency – especially in such circles – […]

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Stripe is Withdrawing Support for Bitcoin Payments

Stripe is Withdrawing Support for Bitcoin PaymentsPayment processor Stripe is halting bitcoin support. Declaring that “there are fewer and fewer use cases for which accepting or paying with Bitcoin makes sense,” the online payments specialist is calling it a day on cryptocurrency for the time being. Over the past month, a handful of other companies have also rolled back bitcoin support, […]

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First Real Bitcoin Lightning Network Payment Completed via Bitrefill

First Real Bitcoin Lightning Network Payment Completed via BitrefillConsidering the persistent issues with the system at the moment, fast and cheap bitcoin (BTC) transactions might sound like a distant dream, but its realization might be just around the corner. The first transaction using real bitcoin to make a payment on the lighting network has recently been completed via mobile top-up service Bitrefill. Also […]

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