Hong Kong Free Press Will Now Accept Bitcoin Donations via BTCPay

hong kong free press bitcoin

Last month it was reported that BitPay refused to accept bitcoin payments as donations for the Hong Kong Free Press (HKFP). The platform received a lot of flak at the time and the organization started looking for a replacement. Today it announced that it has found one. BitPay Loses Another Customer It was suggested that bitcoin payments provider BitPay had bowed to pressure from Beijing for failing to allow payments to the HKFP to be

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AT&T Will Now Accept Bitcoin For Your Phone Bill

at&t att bitcoin

US-based mobile users can now use bitcoin and cryptocurrency to pay their bill thanks to a new partnership between AT&T and BitPay. AT&T Will Take Your Bitcoin Bitcoin’s path to mass adoption continues forward as major US telecom giant AT&T has announced that customers now have the option to pay their bills in cryptocurrency. The addition of crypto payments makes AT&T the first major U.S. mobile carrier to offer this option and Kevin McDorman, AT&T’s

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Bitcoin Contributes 95% Of BitPay’s Business, CEO Confirms

BitPay

Bitcoin payment processor BitPay conducts almost all its business using Bitcoin (BTC), its CEO has revealed in a marked U-turn on previous claims. BitPay Drops Bitcoin Bashing Speaking during a recent panel, Stephen Pair discussed the recent hard fork activity around the Bitcoin blockchain as a result of the Bitcoin Cash (BCH) split last November. “95 percent of our payments are done in Bitcoin,” he said quoted on social media by commentator StopAndDecrypt. While the

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How to Accept Bitcoin Payments for Your Business

bitcoin accepted sign

If you run a small business and want to attract more customers by offering bitcoin payments, you may be wondering where to start. Keep in mind that it’s definitely not a way of avoiding taxes. Bitcoin is simply another legal way to receive payment for goods and services. So, you’ll have to declare the payments as you would with traditional ones. Use QR Codes or Run a Full Node If you run a physical store,

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Atomic Swaps Are Coming to BTCPay This Year, Says Nicolas Dorier [Interview]

Bitcoinist caught up with Nicolas Dorier, a developer of open-source and self-hosted Bitcoin payment processor alternative, BTCPay, who spoke about upcoming features such as atomic swaps, and making BitPay obsolete for businesses that don’t care about handling bitcoin.  ‘Nothing is Unsolvable in the Long Run’ Bitcoinist: In August 2017, you posted one of the most epic tweets aimed at BitPay calling out their lies and vowing to make the company obsolete. Can you reflect on

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Square’s Debut of Payment Terminal Triggers Fresh Bitcoin Acceptance Rumors

Square's Debut of Payment Terminal Triggers Fresh Bitcoin Acceptance Rumors

Consumer and merchant payment network Square Inc. unveiled a point-of-sale (PoS) terminal October 19 in a move which sparked excitement about possible Bitcoin integration. Bitcoin PoS Next For Square? Unveiled on social media and in an interview with tech outlet Nerdist, Square’s device is designed as a standalone solution for merchants wishing to accept card payments. The move comes amid testing times for Square, the company’s share price dropping 25 percent since the start of October

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BitPay-Pal? BitPay Introduces Settlement in USD-Pegged Stablecoins

Gemini Exchange Secures Digital Asset Insurance

BitPay, purportedly the largest blockchain payments provider, will allow merchants to accept settlements in USD-pegged stablecoins. Gemini Dollar and USD Coin Get the Green Light The leading blockchain payments provider BitPay announced that it will allow merchants to receive settlement in USD-backed stablecoins, namely the Gemini Dollar (GUSD) and Circle’s USD Coin (USDC). Up until now, users of BitPay were able to receive payments in Bitcoin (BTC) , Bitcoin Cash (BCH), and via a regular

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Lamassu Unveils New Line of Bitcoin, Cryptocurrency ATMs

On September 24th, Lamassu announced the introduction of their new line of cryptocurrency ATMs to the public. Lamassu calls its new line of ATMs, “Sintra.” The ATMs herald a new line of ATMs as another crucial step in crypto’s march towards widespread consumer use and accessibility.  Growing Industry According to CoinATMrader.com, there are currently roughly 3,750 crypto ATMs installed worldwide. Lamassu has been producing cryptocurrency ATMs since 2013 when they produced their first, which was called

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ICOs ‘In a Lot of Trouble’ if Bitcoin Stays Under $10K, Says BitPay Exec

Controversial cryptocurrency payment provider BitPay appeared to back Bitcoin over altcoins this week as its CCO told mainstream media the ICO token market was “in a lot of trouble.” Singh: Market Bottom ‘Hard’ To Call Speaking to Bloomberg in an interview that also featured regular commentator Joe Weisenthal, Sonny Singh focused heavily on Bitcoin as the cryptoasset, which had a chance of upside while remaining silent on major altcoins such as Ether (ETH) . “It’s hard

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It ‘Doesn’t Work’: Cryptocurrency Community Tells airBaltic To Ditch BitPay

BHB Network CEO Giacomo Zucco publicly urged Latvian airline airBaltic to replace BitPay as its Bitcoin payment processor September 5, claiming the company’s product “doesn’t work.” Zucco to airBaltic: Go Open Source In a tweet, Zucco — who has become known for his support of open source alternatives to overly-centralized services both within cryptocurrency and beyond — called on airBaltic to look at switching from BitPay to open-source BTCPay and Globee. “Many users are trying

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CheapAir Sends Warning To Customers About Bitcoin Extortion Scam

CheapAir Sends Warning To Customers About Bitcoin Extortion Scam

Popular travel and accommodation website CheapAir.com mentioned in a blog post how they were threatened with a social media smear campaign demanding $10,000 in Bitcoin.  CheapAir.com is a well-known website for intrepid travelers, but it’s also achieved notoriety inside of the cryptocurrency world. The company was one of the first entities to accept Bitcoin , accepting the cryptocurrency for flight and hotel bookings starting back in 2013. CEO Jeff Klee noted last year how Bitcoin’s price

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No More Coinbase and BitPay: Process Your Own Bitcoin Payments for $6 a Month

Merchants can now use a Bitcoin full node to process their own payments via the BTCPay server for under $6 a month — with or without Lightning Network functionality.  Removing Microsoft Azure Reliance A guide to the solution from creator and Bitcoin developer Nicolas Dorier published August 18 explains how merchants who want to accept payments without banking formalities can now do so entirely independently. A secondary issue, obligatory use of Microsoft Azure, has also

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Bitcoin Merchants See Payments Decline in 2018, Despite Record Low Fees

Bitcoin's Use in Commerce Sees a Decline

Crypto merchant-processing services are receiving less bitcoin than before. Volatility, transaction fees, and an inability to reverse transactions have been cited as the reasons why. Leading crypto merchant-processing services are receiving less bitcoin. In September 2017, companies including BitPay, Coinify, and GoCoin received $411 million. After a low of $60 million in May 2018, the figure now sits at $69 million. The numbers suggest that people are choosing not to spend bitcoin for goods or

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‘We’re In It For The Long Haul’ — CheapAir CEO on Dropping Coinbase [Interview]

CheapAir

Bitcoinist caught up with CheapAir CEO Jeff Klee to find out why exactly his company just switched from Coinbase to BTCPay Server. CheapAir.com has decided to double down in its support of Bitcoin at a time when many retailers, including Expedia, have made the difficult decision to drop Bitcoin payments due to problems with merchant processors like Coinbase and BitPay. [M]ost industries will have to come along and start expanding acceptable payments beyond fiat currencies.

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CheapAir Ditches BitPay For Open-Source Bitcoin Payments

Travel and accommodation website CheapAir.com has appeared to choose self-hosted payment processor BTCPay for its Bitcoin payments, shunning industry stalwart BitPay. CheapAir ‘Doing Testing’ With BTCPay According to comments on social media, BTCPay, which offers open-source merchant software, could officially become the new processor for Cheapair after it dropped Coinbase earlier this month. “We had a nice run with Coinbase but they are sun-setting their merchant platform next week,” the company wrote confirming the planned

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CheapAir Ditches BitPay For Open-Source Bitcoin Payments

Travel and accommodation website CheapAir.com has appeared to choose self-hosted payment processor BTCPay for its Bitcoin payments, shunning industry stalwart BitPay. CheapAir ‘Doing Testing’ With BTCPay According to comments on social media, BTCPay, which offers open-source merchant software, could officially become the new processor for Cheapair after it dropped Coinbase earlier this month. “We had a nice run with Coinbase but they are sun-setting their merchant platform next week,” the company wrote confirming the planned

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The Sweet Smell of Success: Unilever-Owned Schmidt’s Naturals Adds Bitcoin as Payment Option

There are a lot of odd things you can buy with Bitcoin – spy gear, lasers, alpaca socks, and now, high-end deodorant. ‘Scent or Payment Method’ Deodorant maker Schmidt’s Naturals is the latest company to let online shoppers buy its products with Bitcoin. Co-founder and CEO Michael Cammarata claims Bitcoin has accounted for 5 to 10 percent of online sales since they started accepting the cryptocurrency on May 14. “It’s starting to be a percent of

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The Sweet Smell of Success: Unilever-Owned Schmidt’s Naturals Adds Bitcoin as Payment Option

There are a lot of odd things you can buy with Bitcoin – spy gear, lasers, alpaca socks, and now, high-end deodorant. ‘Scent or Payment Method’ Deodorant maker Schmidt’s Naturals is the latest company to let online shoppers buy its products with Bitcoin. Co-founder and CEO Michael Cammarata claims Bitcoin has accounted for 5 to 10 percent of online sales since they started accepting the cryptocurrency on May 14. “It’s starting to be a percent of

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The Sweet Smell of Success: Unilever-Owned Schmidt’s Naturals Adds Bitcoin as Payment Option

There are a lot of odd things you can buy with Bitcoin – spy gear, lasers, alpaca socks, and now, high-end deodorant. ‘Scent or Payment Method’ Deodorant maker Schmidt’s Naturals is the latest company to let online shoppers buy its products with Bitcoin. Co-founder and CEO Michael Cammarata claims Bitcoin has accounted for 5 to 10 percent of online sales since they started accepting the cryptocurrency on May 14. “It’s starting to be a percent of

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Florida County Becomes First US Locality to Accept Bitcoin for Taxes

Seminole County, Florida, has officially become the very first county in the US to accept Bitcoin to pay their taxes. Resolving an Expensive Issue In an official announcement dated May 14th, Joel M. Greenberg, Seminole County’s Tax Collector, disclosed that his office will be accepting both Bitcoin and Bitcoin Cash as means for payment of different services beginning this summer. For a long time, users who chose to pay their taxes with a credit or

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