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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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Bitcoin Daily: VeChain Blockchain Platform Loses $6.7M In Cyberattack; Bottle Pay Bitcoin Startup Shuts Down Amid New EU Regulations

PYMNTS

In other news, Sweden’s Riksbank has put into place the public procurement of a supplier of technology to the eKrona pilot project and intends to make an agreement with Accenture, according to an announcement. The main goal of the project is to widen the bank’s understanding of the eKrona’s technological potential.

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Bitcoin Daily: Rising Electric Rates Challenge Bitcoin Mining Profits; Bitwala Plans Blockchain Account With solarisBank

PYMNTS

Bitwala President Jörg von Minckwitz said in a statement that solarisBank’s “technical services and regulatory umbrella enable Bitwala to be fully compliant with German banking requirements while offering a reliable user experience.”. By comparison, 86 percent of bitcoin mining revenues represented estimated profits back in January.

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Bitcoin: 10 Years Of Smoke And Mirrors

PYMNTS

31, 2018, will mark the 10th anniversary of the day that a link to a paper , authored by Satoshi Nakamoto , describing the digital currency called bitcoin was first publicly circulated. Ten years after bitcoin launched, it remains the go-to currency of criminals and a way for cybercrooks to wash their money. The end of this month, Oct.

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Latest Technology financial Institutions Should Adopt

NCR

Biometrics, Geolocation and the Blockchain are technologies ripe for deeper implementation within financial apps. However, I believe that the blockchain and a combination of geolocation and advances in biometric technology can be used to better bank customers’ user experience. Imagine this. By adopting some form of cryp.

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Veem Launches X-Border B2B Payments Rewards Program

PYMNTS

“International bank wire technology hasn’t been updated since the 1970s,” said Veem Founder and CEO Marwan Forzley. “Small businesses deserve a better user experience, less expensive payment process and efficient systems. At the time, the company had pegged its customer base at 80,000.

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Payments Innovation Fuels Rise In Football Gambling

PYMNTS

And those payments, at least in general, are following larger consumer trends when it comes to methods and technology. These casinos have begun to accept deposits in the form of cryptocurrencies such as Bitcoin and others,” that site reported. One of the ways that these websites are able to differentiate is through user experience.