Bitcoin

News on Bitcoin in Crypto Market

‘Amazon’ of Swiss to Accept Bitcoin

‘Amazon’ of Swiss to Accept Bitcoin

Giant e-commerce which claims to be the Amazon of Switzerland, Digitec-Galaxus will be accepting bitcoin and another cryptocurrency soon as the payment option. Digitec co-founder Oliver Herren and Chief Innovation Officer explained, “Because you have some and you want to use them. Or because you cannot turn them into real money because your bank does not accept it.”

Bitcoin ATM at Northampton Robbed

Bitcoin ATM at Northampton Robbed

A Bitcoin ATM has been robbed from a shop in Northampton, U.K City. Three men with face coverings and gloves, one wielding a curved machete, while the other one smashed the Bitcoin ATM off the shop wall with a sledgehammer. It’s still unclear whether this is a one way ATM where you can only buy bitcoin, or two-ways where you can sell BTC for cash.

Hacker to Reveals Personal Details of 26 Million Users with Bitcoin Payment

Hacker to Reveals Personal Details of 26 Million Users with Bitcoin Payment

A hacker named Gnosticplayers has recently hacked 26 million users of six companies around the world and they are available for sale in the dark web with Bitcoin payment. He left a message which read, “I got upset because I feel no one is learning. I just felt upset at this particular moment, because seeing this lack of security in 2019 is making me angry.”

Lazyfox.io to Reward Users with BCH for Answering Surveys

Lazyfox.io to Reward Users with BCH for Answering Surveys

A new tasking platform named Lazyfox.io has been launched and announced that they will be rewarding the participant surveys with Bitcoin. Tobias B, a programmer based in Berlin explained, “After a user solved a task on lazyfox.io and the creator accepted it, the reward will immediately be paid out to the user’s payout address, no user balances are stored on the site.”

Prepaid Crypto Debit Card Introduces by 2gether

Prepaid Crypto Debit Card Introduces by 2gether

A FinTech startup, 2gether has recently shared that its upcoming prepaid Visa debit card, which will enable its users to spend their cryptocurrencies. The cryptocurrency payment option will be made available in 19 eurozone countries and will be offering in the total of seven cryptocurrencies such as Bitcoin, Ether, XRP, Bitcoin cash, EOS, Stellar, and Litecoin.

No More Bitcoin Futures From CBOE

No More Bitcoin Futures From CBOE

An announcement has been made in the official website of the Chicago Board Options Exchange (CBOE) that they will no longer add new futures contracts for the primogenial cryptocurrency. The company have made it clear that they’re going to reconsider its strategy in trading with crypto derivatives and planning for further steps, hence this decision is made.

Cryptartica To Support Bitcoin SV

Cryptartica To Support Bitcoin SV

A UK-based design platform, Cryptartica which allows its users pay for its customized designer products in cryptocurrency has announced that it now accepts Bitcoin SV (BSV) as a form of payment. In Its blogpost Cryptartica explains, “As many of you know, we already accepted Bitcoin Cash, but with the split back in November & our community divided in half, we had to take some time to decide our heading”

Founder of MtGox Receives Suspended Jail Sentence

Founder of MtGox Receives Suspended Jail Sentence

The founder of MtGox bitcoin exchange, Mark Karpeles have received a suspended jail sentence of two and a half years. The cryptocurrency exchange MtGox was shut down during the year 2014 after approximately 850,000 bitcoins (worth half a billion dollars at that time) disappeared from its virtual vaults. This has led to dented confidence in the security of bitcoin among the public.

Solar Energy To Help Bitcoin Miners

Solar Energy To Help Bitcoin Miners

Big and small-scale cryptocurrency miners are looking to renewable energy as market conditions and electricity costs have substantially lowered cryptocurrency mining profitability. Reddit user cadese stated “I just installed solar panels to run my miners during the day. I cut the mining cost by 75%. It’s not just the cheapest form of energy, but I get rid of the grid-transfer cost and tax”

BitPay and Bitcoin to Accelerate Payment Process

BitPay and Bitcoin to Accelerate Payment Process

A Colombian outsourcing firm, Center Source SAS have shared that they have been adopting BitPay to speed up the payments process for their international customers. The CEO of Center Source, Michael Biedronski explained, “…It has opened up our outsourcing business allowing us to pursue clients looking for nearshore call centre services that accept blockchain payments.”