payments

Twitter to test out Stripe's newly added support for USDC payments

Twitter to test out Stripe’s newly added support for USDC payments

Quick Take Stripe is adding support for payments in the USDC stablecoin on the Polygon blockchain. It will be available through Stripe Connect and Twitter will be the first company to test this service out. advertisement Financial services provider Stripe will support payments in the USDC stablecoin on the Polygon blockchain, according to an announcement …

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Jack Mallers’ Strike Announces Shopify Integration for Bitcoin Lightning Payments

Jack Mallers’ Strike Announces Shopify Integration for Bitcoin Lightning Payments

“If we can help make the Bitcoin network more accessible and usable we believe we can change the world,” he said. Leveraging Bitcoin as a cheap payments network is critical to that, he said, contrasting it with the “caviar-eating” history of boomer bank-issued credit cards that he said hasn’t innovated (beyond onboarding middlemen and their …

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L2 Labs Launches All-in-One Layer2 Platform ZKSpace, Featuring ZKSwap v3.0, NFTs, & Payments

L2 Labs Launches All-in-One Layer2 Platform ZKSpace, Featuring ZKSwap v3.0, NFTs, & Payments

As part of a massive product and brand overhaul, L2 Labs, the team behind ZKSwap, has announced the launch of the new comprehensive ZKSpace platform on December 20th. The platform hosts an upgraded Layer 2 AMM DEX ZK-Rollups ZKSwap v3.0, an NFT minting center and marketplace called ZKSea, and payment services, ZKSquare.  The upgrade will …

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Ransomware Payments in 2021 Already Dwarf Last Year’s Total, FinCEN Reports

Ransomware Payments in 2021 Already Dwarf Last Year’s Total, FinCEN Reports

“We have seen an aggressive sustained effort on ransomware the last few weeks from the administration that started even before the Suex designation,” Redbord, a former Treasury official, told CoinDesk in a statement. “We are rightfully seeing the most focus on hardening cyber defenses, and when it comes to crypto, we are seeing Treasury, DOJ, …

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El Salvador’s biggest bank is now accepting bitcoin payments

El Salvador’s biggest bank is now accepting bitcoin payments

advertisement Clients of El Salvador’s largest bank, Bancoagrícola, will now be able to pay down their loans and credit card bills in bitcoin. They can also now use the cryptocurrency to purchase goods and services from merchants connected to the bank’s payment gateway. Bancoagrícola, founded in 1955 and now owned by Grupo Bancolombia, has tapped …

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A16Z-backed content platform Substack begins accepting bitcoin payments

A16Z-backed content platform Substack begins accepting bitcoin payments

advertisement Substack, an online content platform through which writers can make money from subscriptions, has integrated bitcoin as a payment option. The option is currently available only “to a select group of crypto-focused publications,” a Substack spokesperson told The Block, adding: “We’re looking forward to exploring broader availability depending on feedback and demand.” The crypto-focused …

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Beijing, Suzhou enable China's digital yuan payments for subways

Beijing, Suzhou enable China’s digital yuan payments for subways

The Chinese capital city of Beijing has extended the testing of China’s central bank digital currency, dubbed the e-CNY, to its railway system. The municipal government of Beijing said in an announcement Wednesday that users who have activated the standalone digital yuan mobile app via the Industrial and Commercial Bank of China (ICBC) are now …

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