payments


Finance

Binance-Backed Crypto Payments App Launches as Race for Africa Heats Up

The payments app launched initially in Nigeria, but there are plans to expand to 30 African nations his year.

Credit: Shutterstock

Technologies

Researchers Surface Privacy Vulnerabilities in Bitcoin Lightning Network Payments

Privacy holes in the Lightning Network, a bitcoin transaction settlement layer, are leaking payment information.

FLASH: Balances on the Lightning Network can be revealed by relatively straightforward cyberattacks, researchers say. (Credit: Shutterstock)

Technologies

Solana Blockchain Adds Korean Stablecoin Terra for Better Payments

Solana is adding the Terra stablecoin in an effort to bring "novel applications that require price-stable payments" to its high-throughput blockchain.

Solana team

Finance

Cannabis Shops Are Using Zap's Lightning App During Coronavirus Cash Crunch

The Lightning Network startup now offers fiat-friendly bitcoin payment tools. Cannabis dispensaries in Colorado are an early proving ground.

Zap founder Jack Mallers speaks at the 2019 Lightning Conference in Berlin. (Photo by Will Foxley for CoinDesk)

Finance

Bitcoin's Lightning Becomes Latest Protocol to Court Publishers With Micropayments

With paywall systems for a whole bevy of assets, crypto payments could revolutionize the media industry – if demand actually matched supply.

Lightning Labs co-founder Olaoluwa Osuntokun at the 2019 Lightning Conference in Berlin.

Juridique

Singapore Temporarily Exempts Crypto Firms, Including Coinbase, From New Licensing Regime

Cryptocurrency firms can continue operating but must apply for a license by summer under new rules

Singapore

Finance

Coinbase's Retail Payments Wing Crosses $200M in Transactions

Coinbase Commerce's 8,000 retailers have processed more than $200 million since its launch two years ago.

Coinbase CEO Brian Armstrong

Juridique

80% of Australians Know About Crypto but Only 1% Use It: Central Bank Study

Fewert than 1 percent of surveyed Australians paid for consumer goods with cryptocurrency in 2019, according to a new study by the Reserve Bank of Australia.

Bitcoin payment. Credit: Shutterstock/Martin Lukasek

Finance

Thai Remittance Platform Starts Processing Ripple Payments

DeeMoney has become the first non-banking institution to use RippleNet in Thailand.

Bangkok, Thailand

Finance

PayPal's Financial Crimes Division Is Seeking a Blockchain Expert

The payments giant is seeking a blockchain expert to help identify use cases for the tech in the prevention of financial crimes.

PayPal