Bitcoin’s Killer App is Ransomware, Not Payments: Stripe COO

Stripe, a digital payments provider, took a pioneering role with bitcoin in 2015 when it introduced a tool that allowed merchants to accept bitcoin. This past April, the company discontinued the service. The company’s COO, Claire Hughes Johnson, told Fortune’s Brainstorm Tech conference Tuesday that the reason behind the firm’s abandonment of BTC is that […]

CheapAir Says Goodbye to Coinbase, Hello to BTCPayServer

Online travel agency CheapAir.com has announced it is no longer working with Coinbase to process its customers’ bitcoin payments. In Coinbase’s stead, the company has turned to BTCPayServer, an open-source bitcoin payment processor. CheapAir had been partnered with Coinbase since early 2013, but this April, the digital currency exchange explained that it was shutting down its […]

Canada’s Only Actively-Managed Cryptocurrency Fund Now 91% in Cash

Canada’s only actively-managed cryptocurrency fund is currently holding approximately 91 percent of its assets in cash, a position it says it has taken based on uncertainty about the near-term trajectory of the market. Writing in a biweekly report published on Facebook, the Quebec-based Rivemont Crypto Fund revealed that, as of July 13, 90.9 percent of […]

Former Genesis Rock Star Peter Gabriel Invests in Blockchain Startup Provenance

Peter Gabriel, the former frontman of progressive rock band Genesis, is entering the cryptocurrency world by backing a British blockchain startup named Provenance. The rock star is the most recent celebrity putting its name behind digital currency-related startups. Genesis Frontman Peter Gabriel Invests in Supply Chain Blockchain Startup U.K.-based social enterprise project Provenance is building a traceability […]

Change.org Launches Screensaver That Mines Monero for Charity

Popular social petition platform Change.org is asking its supporters to install a screensaver that will mine monero on behalf of the for-profit organization’s charitable foundation. Change.org Asks Supporters to Mine Monero for Charity Dubbed “The Mining Screensaver,” the tool activates whenever a user steps away from his or her computer for a set period of […]

Line’s Cryptocurrency Exchange BITBOX Is Now Open for Business

Singapore-based cryptocurrency exchange BITBOX, which is also a division of Japanese internet giant Line Corporation, is now up and running. Operations began on July 16, 2018, and services are available in roughly 15 different languages to traders of every country except Japan and the U.S. Investors can now access markets for up to 30 separate […]

Coinfloor Turns to Trading Technologies to Monitor Market Manipulation

Coinfloor, a cryptocurrency exchange that operates multiple subsidiary exchanges, is joining hands with Trading Technologies International, Inc., a leading trading software provider. The organization will utilize the software company’s TT Score machine-learning technology so executives can examine and monitor suspicious activity occurring on their exchanges. Speaking with Bitcoin Magazine, Morgan Trinkaus, product manager at Trading […]