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Japan's GMO Internet Group Will Pay Thousands of Workers in Bitcoin

Blockchain development companies and the cryptocurrency press have been paying their workers in cryptocurrencies for years, but one realizes that the times are truly changing when mainstream companies start paying their workers in bitcoin.GMO Internet Group, a Japanese provider of a full spectrum of internet services for both the consumer and enterprise markets, is introducing a system for employe

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BitPay Begins Enforcing Bitcoin Payment Protocol Compatibility Requirement for its Debit Card

Not too long ago, it became clear BitPay was going to enforce some big changes. More specifically, the company announced the introduction of the Bitcoin Payment Protocol. The main reason for this change is to further create seamless and secure payment experiences. According to their latest blog post, a big first step has been taken toward enforcing this protocol. All orders of the BitPay Card requ

Once Coy, Hedge Funds Now Rush to Bitcoin

Featured Bulls are on parade as hedge funds pour money into bitcoin-related projects and products. Traditional hedges have been outperformed by cryptocurrency funds in 2017, and the phenomenon has turned into a full-fledged feeding frenzy. New indices are popping up to track it all. Ecosystem stalwarts Bitgo and Bitpay expect new rounds of funding, a

Precious Metals Dealer Apmex Now Accepts Bitcoin for Purchases

Finance Bitcoin users can now purchase a variety of precious metals, bullion, coins, bars and numismatics products from the popular online dealer Apmex. The firm announced accepting bitcoin on December 8 and said they are “thrilled to welcome the use of cryptocurrency.”Also Read: Bitfinex Experiences Withdrawal DifficultiesBullion Dealer Apm

A Bitcoin User’s Guide to Claiming Forked Coins

Altcoins Like it or not, forking bitcoin has become an efficient approach for blockchain teams to receive quick money. How many forks will we have? How do we receive these free airdrops?Also Read: This Bulgarian Business School Offers Bitcoin ScholarshipsTake a Glimpse at Forked Coins Already ExistingBitcoin Cash (BCH), the first bitcoin fo

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Gold Dealer APMEX Now Accepting Bitcoin, Cites Customer Desire for Anonymity

It’s now possible to buy real gold with digital gold, should customers desire, according to an announcement from APMEX.According to the post, the company has integrated with BitPay merchant services and is now able to receive digital currencies, with buyers receiving the 4% discount usually reserved only for cash payments. The post continues by explaining why Bitcoin is a good integration f

Bitcoin Gamers Dropped from Steam Due to Fees and Volatility

Featured Citing price volatility and transaction fees, Steam, the popular online gaming platform, is out of the bitcoin business effective 6 December. The world’s most popular cryptographic currency is ripping all economic textbooks apart, reaching price highs unimaginable just weeks, if not hours, ago. That, and a congested mempool with transactin

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Out of Steam: PC Gaming Platform Ends Bitcoin Payment Option

The utility aspect of Bitcoin faced a setback yesterday as PC gamers heard from Valve Corporation’s Steam Team in a blog post that Bitcoin would no longer be accepted as payment on its digital distribution platform, Steam. Citing the volatility of the currency as well as the rising cost of fees, a representative of The Steam Team, known as “kurtis”, explained that the volatility of Bitcoin h

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Steam Stops Accepting Bitcoin Payments Citing Extreme Volatility, Fees

Today, Valve announced that the Steam gaming platform will no longer accept Bitcoin payments due to high fees and incredible volatility. Valve says transaction fees, which are passed on to the company by Bitcoin payment processor Bitpay, surpassed $20 last week. Transaction fees were only 20 cents last spring when Valve began accepting the digital currency for payment.The Steam platform began acce

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Future BitPay Invoices Will Require Payment Protocol Support by Wallet Service Providers

BitPay is the largest online Bitcoin payment processor in the world. The company has introduced some changes over time, which aren’t always appreciated. In a new effort, the company is addressing challenges associated with Bitcoin. The Bitcoin Payment Protocol will soon become mandatory for all transactions. This protocol has been on the company’s roadmap since back in 2014. It is an interesti

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