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Circle to Let Merchants Pay for Customers’ Gas Fees With Web3 Wallet Upgrade
USDC stablecoin issuer Circle Internet Financial on Thursday released an upgrade for its Web3 programmable crypto wallet that allows merchants to take over and pay for their customers' transaction fees.According to the press release, the new function called Gas Station lets businesses sponsor users' gas fees – the cost for money transfers on blockchains –
Arab Bank’s Swiss Arm is Launching Cryptocurrency Services
news The Swiss branch of one of the top financial institutions in the Middle East is launching a suite of cryptocurrency-based services. Arab Bank (Switzerland) announced on Thursday that it will offer clients a range of services including custody and brokerage of bitcoin (BTC) and ether (ETH). The bank – based in the canton of…
Middle East’s First Central Bank-Backed Crypto Exchange to Launch in 2019
Two blockchain veterans are gearing up to launch what could be the first cryptocurrency exchange in the Persian Gulf to be licensed by a central bank. Revealed exclusively to CoinDesk, Rain Financial has opened its public waiting list after a year in the Central Bank of Bahrain's fintech sandbox. Co-founded by Saudi blockchain consultant Abdullah…
Bitcoin’s Total Share of Crypto Market Now Highest Since March 2017
markets View Bitcoin’s price recovery from the Aug. 29 low of $9,320 is backed by an uptick in the dominance rate to 30-month highs. Weak trading volumes, however, indicate the recovery could be short-lived and a fall back to $9,750 could be in the offing in the next day or two. Weekly chart indicators continue…
Norwegian Air May Allow Customers to Pay With Crypto as Soon as Spring
Feb 20, 2020 at 13:00 UTCUpdated Feb 20, 2020 at 13:35 UTCTheHighestQualityImages / ShutterstockTravelers on Norwegian Air, one of the largest airlines in Europe, will soon be able to pay for flights using cryptocurrency. In an interview with a local business newspaper, CEO of Norwegian Block Exchange (NBX) Stig Kjos-Mathisen said his crypto trading platform…
Japan Regulators Seek Answers in Wake of Zaif’s $60 Million Crypto Hack
Japan's top financial regulator is seeking answers from the operator of the Zaif cryptocurrency exchange, a situation that comes days after the trading site disclosed that it lost millions of dollars worth of crypto in a hack. Zaif, which is operated by the Japan-based firm Tech Bureau, reported last week that it lost as much…
OpenNode Finds Way for Retailers to Turn Fiat Payments Into Bitcoin (Using Apple Pay)
Feb 19, 2020 at 23:00 UTCApple Pay image via Wikimedia CommonsThe bitcoin payments startup OpenNode just gained access to Apple Pay, according to the startup’s head of marketing, Ryan Flowers.This could be a boon for the small subset of merchants who want to hold bitcoin, because it allows people to spend dollars through their regular…
The Time Is Now: We Need an Active Approach to Blockchain Inclusion
opinion Alexis Gauba is co-founder at she256, a nonprofit dedicated to increasing diversity and breaking down barriers to entry in the blockchain space, and Mechanism Labs, which is conducting blockchain based research experiments in the domains of distributed consensus, scalability, and usability. The following is an exclusive contribution to CoinDesk’s 2018 Year in Review. Blockchain technology has…