BitPay Users Can Now Buy Gold Using Cryptocurrencies

OneGold, an online platform for buying, selling and redeeming gold has announced its partnership with BitPay. The announcement states that BitPay will allow crypto users to purchase gold and other valuable metals on Android and iOS devices.  BitPay is one of the leading Bitcoin payment service providers that currently supports …

Burger King Outlets in Venezuela Starts Accepting Bitcoin

Bitcoin has reached to Burger King outlets in Venezuela as a new partnership over cryptocurrency payments at the fast-food chain. According to a tweet by the Burger King branch in the Sambil area of Caracas now accepts Bitcoin, along with altcoins Ether, Litecoin, Binance Coin and Dash as well as stablecoin Tether. …

Bitcoin is Becoming Popular on TikTok

TikTok has its first viral Bitcoin (BTC) related video as the firm’s owner reportedly launched a blockchain venture. The Wolf of Bitcoins, one of TikTok users posted the video depicts a room in a house equipped with dozens of cryptocurrency mining hardware units. The video displays a short caption, “this is why GPU prices …

Binance Comes To India Through WazirX

Binance, one of the major crypto exchanges by trading volume, announced the acquisition with WazirX. However, the announcement did not provide any details of the deal. According to the report from the Economic Times estimated that the firm was bought out for $5 million–10 million. The entry of Binance into India seems surprising, while …

Russian Scientist Jailed For Mining Bitcoin At Work

One of the Russian scientists and former employees at the nation’s premier nuclear research facility was jailed for secretly mining Bitcoin using the facility’s supercomputers.  According to a report, Andrey Rybkin a former employee was sentenced to 3 years and three months in prison. He was arrested for the “unauthorized use …

Binance Customers Can Now Buy Five Cryptos Using Debit Or Credit Cards

The major cryptocurrency exchange Binance is now allowing its customers to purchase digital currencies using debit and credit cards via Koinal, a payment processing firm. The exchange has recently announced the facility through a blog post.  Through Koinal, customers can buy cryptos such as Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. …

More Than 20,000 Retail Stores To Accept Bitcoins In France

Starting from 2020, Bitcoin payments will be launched at more than 25,000 stores for 30 French retailers. Decathlon and  SephoraDecathlon and cosmetics store Sephora are also included in the retailer’s list. The new digital currency payments system is launching via a partnership between point-of-sale technology provider Global POS. Including the …

FINMA Grants License for Swiss-based Crypto Banks

The Swiss Financial Market Supervisory Authority (FINMA) has permitted two banking and securities dealer licenses to crypto-focused banks. Seba Crypto AG and Sygnum are the two Swiss crypto-specializing firms that have received banking and securities dealer licenses.  Using the license, Seba is expected to launch its new trading platform in October 2019. Seba …

Two Bitcoin Scammers on Twitter Caught in Canada

Karanjit and Jagroop Singh Khatkar two Canadian nationals have been arrested for stealing Bitcoin from an Oregon resident. Both the scammers are based in Surrey, British Columbia, Canada.  The scammers posed as customer service representatives of HitBTC, a Hong Kong-based digital currency exchange. They used HitBTC’s fake account to steal the login …

Samsung Adds Bitcoin Support to its Blockchain Phones

Samsung phone users can now use Bitcoin (BTC) integrated features on the mobiles. The company has enabled BTC features on its blockchain-enabled smartphones. In March 2019, Samsung launched Galaxy s10 smartphones with a “Blockchain Keystore”. The phone offers crypto storage and transactions for Ethereum (ETH) and ERC-20 related tokens. The …