Tag: Payments

Researchers Surface Privacy Vulnerabilities in Bitcoin Lightning Network Payments

New research warns cryptocurrency users that the Lightning Network can expose financial information of bitcoin payments thought to be anonymous. A second financial layer, the Lightning Network was proposed in 2016 to improve the speed, affordability and privacy of...

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Cannabis Shops Are Using Zap’s Lightning App During Coronavirus Cash Crunch

It’s now easier than ever to use bitcoin to support regular businesses beyond the crypto bubble.  Zap founder Jack Mallers, best known for Lightning-friendly bitcoin services, just launched a desktop tipping product to complement the Strike payments app. Just...

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Bitcoin’s Lightning Becomes Latest Protocol to Court Publishers With Micropayments

The trouble with bitcoin payments these days may be a lack of spenders, not spending opportunities.  On Monday, the Silicon Valley bitcoin startup Lightning Labs announced a new standards proposal that makes it easier for companies to automate small...

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Singapore Temporarily Exempts Crypto Firms, Including Coinbase, From New Licensing Regime

A number of cryptocurrency firms have been exempted from holding a payments license in Singapore till this summer. An extensive list of companies posted by the Monetary Authority of Singapore (MAS) includes well-known exchanges and custodians such as Binance,...

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80% of Australians Know About Crypto but Only 1% Use It: Central Bank Study

Fewer than 1 percent of Australians paid for consumer goods with cryptocurrency in 2019, according to a study published Thursday by the Reserve Bank of Australia (RBA), Australia’s central bank. Revealed in RBA’s triennial Consumer Payments Survey (CPS), the...

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