South African Payment Gateway Drops BTC Over Fees and Network Congestion

South African Payment Gateway Drops BTC Over Fees and Network CongestionOn July 12, South African payment gateway service Payfast announced the company is dropping bitcoin core (BTC) payments due to network congestion and high fees. Payfast emphasized that BTC has a number of limitations and design flaws which makes it an “impractical substitute for cash.” Also read: G20 Leaders Issue Declaration on Crypto Assets – […]

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Coinbase Remains the Most Successful and Important Company in the Crypto Industry

Coinbase Remains the Most Successful and Important Company in the Crypto IndustryOn its 6th birthday, Coinbase received high praise from Shapeshift’s Erik Voorhees. He Tweeted, “Coinbase remains the most successful and important company in the crypto industry.” Arguably, that is very much the case. The San Francisco-based cryptocurrency exchange with its barebone menu of offerings, combined with its easy user-interface and relatively smooth onboarding (almost no […]

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