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Bitcoin Daily: BitOoda Notches $7M Seed Round; Cypriot Regulator Cautions Against Four Brands

PYMNTS

BestChange supports 12 digital currencies as of today, with the inclusion of Ethereum, bitcoin, Litecoin, Bitcoin Cash, Monero, and Ripple, among others. The brands also reportedly claim an affiliation with Bdswiss Holding Plc, which has its CIF License and is already regulated in the country.

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Bitcoin Daily: H&M Pilots Blockchain Tech, Australian Tax Scammers Turn To Bitcoin

PYMNTS

Arket , a brand of H&M , is piloting a blockchain product integration with the help of VeChain, TheNextWeb reported. While the brand did not tell the outlet where it was using the implementation, it did say that was using the solution to securely track product data. million at the time.)

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Bitcoin Joins American Express and PayPal on 2017 List of Social Media Darlings

Bank Innovation

American Express is the “most-loved” financial service on social media in 2017, according to a recent report, followed by PayPal, Vanguard and bitcoin. NetBase examined 55 brands across sectors including banking, credit cards, investment banking, payment services, insurance, online lenders and crypto.

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Bitcoin Tracker: Bitcoin Black Friday

PYMNTS

In this week’s Bitcoin Tracker, bitcoin soars, then settles down and plans for its yearly sale abound. Switzerland gives bitcoin a hand by way of rail ticket machine sales, an Australian startup banks on the aptly named Dash and Zcash fervor fades. But as markets saw their prices fall, bitcoin’s numbers went up.

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Bitcoin Daily: Canaan Reports $148.6M In Losses For 2019; Shopping App Fold Signs On To Visa Fast Track Program

PYMNTS

Canaan Creative , the Chinese bitcoin miner maker, registered a net loss of $148.6 exhashes per second that comprised for approximately 20 percent of the computing power growth of the bitcoin network in 2019. Fold will now have the ability to provide a co-branded Visa card that lets consumers receive bitcoin rewards via Fast Track.

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Bitcoin Daily: SEC Delays Bitcoin Exchange Approval; LVMH Puts Luxury Goods On The Blockchain

PYMNTS

Securities and Exchange Commission (SEC) has delayed a decision to approve a bitcoin exchange-traded fund, asking for more comments in the meantime. But given that their issues are with the underlying bitcoin market, not sure why they just don’t deny it as opposed to stringing along the crypto faithful with false hope.”.

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Bitcoin Daily: Square’s Crypto Branch To Provide $100K To BTCPay Foundation

PYMNTS

Square Crypto has announced that it is giving the first of many grants to support open-source bitcoin projects to the BTCPay Foundation. BTCPay represents everything we love about open-source bitcoin projects. That said, we are open to emerging use cases and technologies that complement bitcoin,” according to Coin Telegraph.

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