Category: Merchants

Virtual Panda BTM Launched for Colombian Residents: Dispenses BTC, BCH, DAI, and Dash

Virtual Panda BTM Launched for Colombian Residents: Dispenses BTC, BCH, DAI, and DashThe CEO of Panda Group and the founder of Colombia’s Panda Exchange and physical Panda BTM terminals, Arley Lozano, recently revealed a new product called app.pandabtm.io. The new service is a virtual automated teller machine that dispenses four types of cryptocurrencies; bitcoin cash (BCH), bitcoin (BTC), DAI, and dash (DASH). The latest effort from Panda […]

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Venezuelans Can Now Use Bitcoin to Pay for Goods at 20,000 PoS Terminals

Venezuelans Can Now Use Bitcoin to Pay for Goods at 20,000 PoS TerminalsVenezuelans will now be able to use bitcoin to pay for goods and services at more than 20,000 point-of-sale (PoS) terminals throughout the struggling South American country. This follows a deal between Panamanian crypto exchange Cryptobuyer and local payments processor Mega Soft to connect some of Venezuela’s biggest retail chains for this purpose. Stores that […]

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Eidoo Card Is Available for Pre-Order – Seamlessly Connect Your Fiat and Crypto Wallets

Eidoo Card Is Available for Pre-Order – Seamlessly Connect Your Fiat and Crypto WalletsGone are the days when online fiat payment processors and digital wallets were viewed as something new and innovative. By now, most people are used to shopping online, especially in developed countries. The current payment processors are well-established and they’ve gained the public’s trust.

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Merchant Services, Gambling, and Darknets: Coronavirus Economy Stunts Cryptocurrency Spending

Merchant Services, Gambling, and Darknets: Coronavirus Economy Stunts Cryptocurrency SpendingA lot has changed since the coronavirus pandemic swept the globe as it has caused a wide range of negative effects on the world’s economy. On March 30, the blockchain surveillance firm Chainalysis published a report that shows how the cryptoconomy is faring from merchant acceptance to gambling, and darknet purchases as well. The researcher’s […]

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These Online Stores Will Sell You Masks, Gloves, Emergency Items for Cryptocurrency

These Online Stores Will Sell You Masks, Gloves, Emergency Items for CryptocurrencyEvents like the global coronavirus outbreak provide good justification for some prepping. Crises like this often result in shortages and skyrocketing prices of important emergency items, proving that everyone should keep a box of face masks and even a decent survival kit, should things go really bad. The pandemic scare affected crypto holders this week […]

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Australia Crypto Merchant Trade Sets $74K Monthly Record With BCH Capturing 97%

Australia Crypto Merchant Trade Sets Monthly Record at $74K With BCH Capturing 97% of Spending, Report DetailsCryptocurrency payments in Australia, which have been growing in volume in the past few years, have recently scored another record. Crypto-based merchant trade across the country reached almost $74,000 in February according to a new report. Bitcoin cash has by far the largest share in retail crypto spending and transactions among coins accepted by Australian […]

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These Maps Will Help You Locate Merchants Ready to Accept Your Cryptocurrency

These Maps Will Help You Locate Merchants Ready to Accept Your CryptocurrencyGetting into Bitcoin is a first step many have already taken, and with the generally positive start of 2020, more are likely to make the move. But then there’s the question of what to do with your coins. Regardless of how you obtained them – through purchase, faucet, airdrop, fork, business, or salary — it’s […]

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Bitcartcc’s Merchant Solution: Developer Builds Self-Hosted Btcpay Alternative Supporting Bitcoin Cash

Bitcartcc: Developer Builds a Self-Hosted Btcpay Alternative Supporting Bitcoin CashOn February 28, Bitcoin Cash (BCH) proponents were introduced to a new platform called Bitcartcc. The project is a self-hosted open source payment processor that allows merchants to accept bitcoin cash easily. Bitcartcc was created because the developers behind the popular application Btcpay refuse to add support for BCH. Bitcartcc was built so anyone can […]

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Curious About Bitcoin, Nigerians See Increasing Opportunities to Buy and Spend Cryptocurrencies

Curious About Bitcoin, Nigerians See Increasing Opportunities to Buy and Spend CryptocurrenciesHigher prices since the start of the year have been restoring popular interest in cryptocurrencies. Google searches for “bitcoin” have increased since December to about half of those registered in June last year. There’s one country that sticks out as a benchmark for the indicator. Nigeria has consistently topped the chart in the past 12 […]

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Bitpay Partnership With Poynt Enables Crypto Payments at 100,000 Point-of-Sale Devices

Bitpay Partnership With Poynt Enables Crypto Payments at 100,000 Point-of-Sale DevicesOn February 11, the Atlanta-based payment processor Bitpay announced the firm’s recent partnership with the company Poynt. Now retailers will be able to support cryptocurrency payments using point-of-sale devices and crypto users will be able to pay with digital currencies at more than 100,000 Poynt retailers worldwide. Also Read: Ethereum vs Tron: Comparing Data, Defi […]

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Cambodia Announces Own Cryptocurrency as More Details Surface About China’s Digital Yuan

Cambodia Announces Own Cryptocurrency as More Details Surface About China’s Digital YuanWith China still in the lead, other countries are advancing their projects to develop payment systems around central bank digital currencies (CBDCs). Cambodia, for example, has recently revealed it will mint its own coin within months. The news comes as more details about the digital Chinese yuan indicate its main purpose will be to substitute […]

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How Dropgangs and Dead Drops Are Transforming Darknet Practices

Since the creation of the Silk Road, authorities have waged a war against the online drug trade with a wave of surveillance and enforcement. However, crypto-anarchists are developing new ways to evade the state’s tentacles as the next technological phase started to emerge in late 2017. On Monday, the Cypherpunk Bitstream podcast discussed the evolution […]

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Problems Escalate in Venezuela as Millions Rush to Spend Petros

Problems Escalate in Venezuela as Millions Rush to Spend PetrosAccording to the Venezuelan government, millions of families have used the petro, the country’s national digital currency, to pay for goods and services. As shoppers rush to spend their coins, merchants are reportedly struggling, effectively forced to sell goods at a deep discount. At least one merchant is said to have been arrested. Also read: […]

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Travelbybit to Drop Bitcoin Payments After Viral Double Spend Video

Travelbybit to Drop Bitcoin Payments After Viral Double Spend VideoOn December 18, Bitcoinbch.com published a video explaining how easy it is to double spend BTC transactions in the wild. Not long after the film was released, the payment processor Travelbybit announced it would be removing both BTC and BCH payments for over 400 Australian merchants. Unfortunately, a few BTC proponents claimed BCH has the […]

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Video Shows How Easy It Is to Double Spend BTC Using RBF

Video Shows How Easy It Is to Double Spend BTC Transactions Using RBFOn December 18, the web portal Bitcoinbch.com published an informal notice explaining that merchants accepting BTC should switch to BCH because of “dangerous flaws” found in the BTC software. The problem is tied to slow confirmation times tethered to a BTC-based protocol called Replace-by-Fee (RBF), which gives individuals the opportunity to double spend on merchants. […]

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Bitcoin Cash 2019: Year in Review

Bitcoin Cash 2019: Year in Review2019 is coming to an end and the Bitcoin Cash (BCH) ecosystem has matured a great deal. BCH has successfully upgraded twice this year, adding Schnorr signatures capabilities and most transactions on the BCH network are now non-malleable. Moreover, BCH has seen increased adoption this year, an SLP token explosion, a slew of helpful third-party […]

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Bitcoin Cash Outshines BTC Retail Spending in Australia by a Wide Margin

Bitcoin Cash Outshines BTC Retail Spending in Australia by a Wide MarginThe BCH-centric web portal Bitcoinbch.com published on October 13 an in-depth report that shows the aggregate of cryptocurrency expenditure for Australian retail businesses. According to the 10-page document, BCH transactions in the country exceed BTC transactions by a wide margin and BCH is the top digital currency in Australia. Also read: Bitcoin Cast Program Gives […]

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Slovenia Has the Most BCH-Accepting Physical Locations Worldwide

Slovenia Has the Most BCH-Accepting Physical Locations WorldwideBitcoin Cash (BCH) merchant adoption continues to grow, but in certain regions worldwide like Australia, Japan, and New Hampshire, BCH acceptance is swelling. As each area pursues BCH adoption in a variety of unique ways, the Republic of Slovenia has seen massive retail approval as the payment processor Eligma has relentlessly spread crypto awareness throughout […]

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Over 200 Venezuelan Taxis Discover the Benefits of Bitcoin Cash

The Benefits of Bitcoin Cash Shown to Over 200 Venezuelan TaxisA man named Oscar Salas recently spoke about his quest to spread bitcoin cash (BCH) adoption on episode 34 of the Bitcoin Cast show. Salas explained in great detail how he is a passionate BCH supporter and the organizer of the Maracaibo city BCH meetup. Following his interview a few days later, Salas and his […]

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California City Official Uses Bitcoin Cash to Purchase Cannabis

Berkeley City Councilmember Uses Bitcoin Cash to Purchase CannabisIn California, cryptocurrency payments are making headway in the cannabis industry as Berkeley City Councilmember Ben Bartlett became the first elected official to purchase cannabis using a digital asset. On Tuesday, Bartlett utilized bitcoin cash (BCH) and Cred’s LBA token to facilitate the transaction at the Ohana Cannabis dispensary in Emeryville. Also Read: Bitmain Launches […]

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Cryptocurrencies Such as Bitcoin Cash Shine During Hong Kong Protests

Cryptocurrencies Like Bitcoin Cash Shine During Hong Kong ProtestsThe Hong Kong protests started in June 2019 over a controversial bill and now after weeks of demonstrations, marching citizens are fighting for the future of Hong Kong. In the midst of all the activists protesting, digital currencies like bitcoin cash are being promoted as a way for people to remove themselves from China’s system. […]

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Bitcoin Cash Adoption Continues to Spread in North Queensland and Japan

Bitcoin Cash Adoption Continues to Spread in North Queensland and JapanBCH merchant acceptance has continued to grow month after month but there are a few regions in the world where bitcoin cash retail acceptance is thriving. Over the last few weeks, North Queensland and Japan have shown significant growth and continue to dominate as some of the densest territories of BCH merchant adoption worldwide. Also […]

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