Patent Data Reveals the Banking Sector’s Strange Relationship with Bitcoin

Patent Data Reveals the Banking Sector’s Strange Relationship with BitcoinBanks and bitcoin are odd bedfellows, but they do share some things in common. To its proponents, bitcoin is the future of money, but it still takes “traditional” money to purchase cryptocurrency, and right now, banks control the conduits. If these oligarchs have their way, they’ll also have a controlling stake in the crypto sphere […]

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Paypal Files Patent for Expedited Cryptocurrency Transaction System

PayPal Files Patent for Expedited Cryptocurrency Transaction SystemA recent patent filing reveals that Paypal might be considering expanding its exposure to the cryptocurrency ecosystem with a new system for speedy transactions. We shouldn’t however expect a Paypal Lightning Network or anything close to that any time soon. There is currently a global race to file patents for everything crypto or “blockchain” related […]

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Coinbase Reveals ‘Overhauled’ Changes and Tax Tools

Coinbase Reveals 'Overhauled' Changes and Tax ToolsThis week the popular cryptocurrency service Coinbase revealed a slew of announcements concerning certain aspects of the business. The exchange details its Segregated Witness (Segwit) rollout, plans to disable Paypal, new tax tools, and the hiring of 500 customer support agents. Also Read: Israeli Supreme Court Forbids Bank From Denying Service to Bitcoin Exchange Segwit and […]

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Islamic Republic of Iran to “Control and Prevent” Growth of Cryptocurrencies

Islamic Republic of Iran to “Control and Prevent” Growth of Cryptocurrenciesجمهوری اسلامی ایران‎ The Islamic Republic of Iran has apparently changed course on cryptocurrency, or perhaps it has clarified its real position previously mischaracterized by the press. It’s increasingly difficult to get a real handle on the official status of crypto in the Persian homeland.   Also read: How To Regain Control From Nanny Zuck Iran […]

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Coinbase Develops Bitpay Competitor Supporting BTC, BCH, ETH and LTC

Coinbase Develops Bitpay Competitor Supporting BTC, BCH, ETH and LTCWhile its trading clients might have preferred Coinbase to focus on improving its core service, the exchange is busy now expanding into another market. Coinbase Commerce has launched to help online stores handle payments in four leading cryptocurrencies. Also Read: Independent Ratings Agency Alerts Investors About Dangers of Tether Coinbase Commerce San Francisco-based cryptocurrency exchange […]

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Bitcoin May Come to eBay as Platform Drops PayPal as Main Payment Option

TheMerkle eBay Adyen PayPalFor as long as people can remember, there has been a tight relationship between eBay and PayPal. In virtually every case, PayPal is a required option for anyone looking to sell items on the global auction site. That situation will come to change in the near future, as eBay has announced its plan to ditch PayPal as its main payment option. It is a rather surprising turn of events, albeit one that could be quite positive for both companies. What Comes Next for eBay? It is evident that limiting a global auction site to one main payment method and two or three optional solutions

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