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Bitcoin Daily: Ant Financial Rolls Out OpenChain; Bitcoin Firm Purse Plans To Close

PYMNTS

” Jin Ge, general manager of Blockchain Platforms at Ant Financial, said in the announcement, “Applications of blockchain technology have ballooned over the past few years. Through the launch of the OpenChain platform, we aim to help 1 million [SMBs] and developers innovate and explore more use cases in the next three years.”

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Beyond Bitcoin: Mainstream Acceptance Sparks Push For Everyday Cryptocurrency

PYMNTS

Bitcoin gets all the headlines. But step beyond bitcoin and enter the world of cryptocurrencies approaching mainstream acceptance. At present, he said, a number of factors have inhibited the adoption of bitcoin as a transactional currency, including the fact that it’s expensive and can be very slow.

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No More Bitcoin Payments on Stripe

Bank Innovation

Payment processor Stripe will no longer support bitcoin payments on its platform, citing the cryptocurrency’s price volatility as a factor making it an unsuitable form of payment.

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Bitcoin Daily: Bitcoin ATM Installations Approach 10K Globally; Homeland Security Runs Contest For Digital Wallet Development

PYMNTS

After that time, they purportedly stole ether, bitcoin and NEO to the tune of $20 million. In separate news, the overall count of bitcoin automated teller machines (ATMs) approached 10,000 at the beginning of September, aksjebloggen.com reported. Most of the funds reportedly arrived in one of the individual’s accounts.

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What is the State of Banking Innovation in 2017?

Bank Innovation

What is the state of banking innovation today? Bitcoin mania has died down in the fintech world, and the conversation has shifted to technologies like voice banking, payments, and alternative credit scoring. This year, the pressure for banks to innovate is high, as banks no longer […].

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Bitcoin Daily: Blockchain Startup Clear Wants To Work With Telcos; Judge Dismisses Lawsuit Against Kraken, Bitmain

PYMNTS

The funding round was spearheaded by Eight Roads, with participation from Telefónica Innovation Ventures, Deutsche Telekom’s Telekom Innovation Pool, HKT and Singtel Innov8. In other news, Lightning Labs has raised $10 million in Series A funding in a bid to be known as the “Visa” of bitcoin, according to CoinDesk.

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Bitcoin Daily: Goldman Warns Of Bitcoin Declines; Token Alliance: Crypto Reg ‘Could Stifle Innovation’

PYMNTS

A fter beginning to recover from a months-long slide, bitcoin prices once again showed signs of weakness on Monday (July 30) after Goldman Sachs warned in a research note that the recent turnaround in prices will be short-lived, according to reports. The price of bitcoin, after briefly slipping below $8,000, was down 0.8

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