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Payment Service Square is Hiring Crypto Engineers, Offers Salaries in Bitcoin

United States-based payment platform Square is hiring cryptocurrency engineers and is offering to pay them in digital currency, according to a tweet published by Twitter and Square CEO Jack Dorsey on March 20.In the tweet, Dorsey announces that “Square is hiring 3–4 crypto engineers and one designer to work

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Largest Swiss Retailer Accepts Bitcoin, Ether, XRP, and Litecoin Payment Option – BTCMANAGER

In what comes as a major impetus for cryptocurrency adoption, Switzerland’s largest online retail store, Digitec-Galaxus, now accepts major digital currencies such as bitcoin, ether, and XRP, among others as a means of payment. This came to light in a report by Watson published March 19, 2019. Crypto Adoption Continues to

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Fortune 500 Company Avnet Works With BitBay to Add Bitcoin, Bitcoin Cash Payment Option

Avnet, Inc, one of the world's largest distributors of electronic components and technology solutions providers, has announced a collaboration with crypto payment processor BitPay to accept cryptocurrency for the company’s services and products. The development was disclosed in an official press release published on March 19.Avnet, Inc., which has

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US Payment Giant Visa Seeks Crypto and Blockchain Talent for Tech Product Manager

American payment services firm Visa has published a crypto and blockchain-related job opening on San Francisco-based recruiting software firm SmartRecruiters on March 6.Global financial services corporation Visa is seeking blockchain talent for the position of Technical Product Manager at Visa Fintech in their Palo Alto office. The person will

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Bitfury Brings Lightning Payments to US Payment Gateway HadePay

Bitcoin (BTC) mining and development company Bitfury has entered into a partnership with United States payments processor startup HadePay to allow its merchants to accept Lightning Network (LN) transactions. The news was announced in a blog post from Bitfury’s on March 14.HadePay implemented Bitfury’s Lightning Peach API to facilitate

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EOS Block Producer Calls Reports of $3 Trillion EOS Transaction FUD After Payment Fails

Blockchain protocol EOS (EOS) has dismissed worries over a recent transaction that hypothetically would be worth over $3 trillion.  As picked up by Whale Alert, a Twitter account monitoring large transactions on cryptocurrency blockchains, an EOS user named “f***hacker.x” succeeded in creating a transaction for 1 trillion EOS tokens

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Bitcoin Unable to Solve Problems of Traditional Payment Systems

An official from Spain’s central bank, the Bank of Spain (BDE) believes that Bitcoin (BTC) is unable to resolve the problems faced by major payment systems. BDE’s Deputy General Director for financial innovations and market infrastructure, Carlos Colesa, gave his opinion on the leading cryptocurrency in a report published on

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Major Omani Bank Joins RippleNet Cross-Border Payment Network

Oman’s second largest bank by market value, BankDhofar, has begun using RippleNet technology for cross-border payments to India. The news was tweeted by the managing director of South Asia and MENA at Ripple, Navin Gupta, on Feb. 16.RippleNet is a global blockchain-based payment network of institutional payment providers, that was

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E-Commerce Giant Rakuten’s New Payment App Appears to Support Crypto

Japanese e-commerce firm Rakuten announced that a major update of its Rakuten Pay mobile app will be released on March 18, according to the firm’s 2018 earnings release, published on Feb. 12. The app’s new structure appears to indicate that it will support cryptocurrency payments in addition to fiat.According to

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Major Canadian Exchange Coinsquare Acquires Zero-Fee Payment Network StellarX

Major Canadian crypto exchange Coinsquare has acquired StellarX, a Stellar (XLM)-based zero-fee decentralized payment network, according to a press release published on Feb. 14.According to the announcement, Bermuda-based StellarX will be a fully owned subsidiary of Coinsquare and will seek regulatory approval to operate and expand its service under Coinsquare’s

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