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Payment
Stripe in $1.1B Acquisition Deal for Stablecoin Platform Bridge
Bridge, which has raised $54 million in funding, previously said it aspired to become the blockchain version of Stripe, operating a global system in which other developers could integrate
Singapore Investigating Seven People for Providing Worldcoin Services
On Aug. 7, Singapore's police warned the public against giving away or selling their Worldcoin accounts or tokens.
Price Cuts at Blockchain Platform Alchemy Reveal Persistence of Crypto Winter
The new playment plan, “Alchemy Scale Tier,” will consist of two options that let developers choose how much they want to commit to the platform, both financially and computationally.
The Bitcoin Circular Economy Battles Entrenched Mindsets in El Salvador
In his third weekly dispatch from El Salvador, Jonathan Martin meets two Bitcoin entrepreneurs working to improve financial inclusion.
Patreon, Platform for Creators, Disables Payouts After ‘Issue’ With Payoneer System
The issue was first identified on Aug. 2. Crypto developers monitor payments glitches on major platforms partly because a key premise of the blockchain industry is to build infrastructure that improves on the current options.
Australia's Crypto Industry Body Denounces Recent Banking Restrictions
Blockchain Australia said it wants to tackle the issue "head-on by using real data," following reports that banks in the country were blocking payments to crypto exchanges.
Philipp Plein Becomes First Major Fashion Brand to Accept Crypto Payments
The retailer will accept 15 cryptocurrencies for both online and in-store purchases.
It's Official: El Salvador's Legislature Votes to Adopt Bitcoin as Legal Tender
A supermajority of the El Salvadoran legislature voted to adopt bitcoin as legal tender early Wednesday morning.
WeChat, Alipay to Block Crypto Transactions on Payment Platforms
WeChat Pay and Alipay are scrambling to keep up with regulators after recent announcements regarding initial coin offerings and cryptocurrencies.
UBS: Bitcoin Is Too 'Unstable and Limited' to Function as Money
UBS doesn't believe bitcoin constitutes money or a viable asset class yet, but it could in the future.
