-Bitcoin news, price, information & analysis
More companies seem to be embracing one of Bitcoin’s most useful properties – its border-less functionality. The world’s most popular cryptocurrency can save those wishing to send remittance payments from one country to another a lot of time and money. Bitcoin Disrupts Cross-Border Payments Industry Companies like Bloom,...
Abra announced the next phase of its global expansion at the North American Bitcoin Conference today. The plans are to enable Abra worldwide next month, activating global network of Tellers who can transact in over 50 currencies, including directly in Bitcoin. This means that anyone with a smartphone...
Bitcoin remittance application Abra, which secured a US$12 million Series A funding round from prominent venture capital firms including Arbor Ventures, RRE Ventures and First Round Capital in September 2015, launched its highly anticipated iOS and Android applications on February 5, 2016. Since then, over 5,000 users and...
From previously being dismissed as a medium of exchange in criminal markets, virtual currencies have been one of the highlights of the latest Commonwealth of Nations meeting. Senior finance officials and central bank governors from Australia, India, Singapore and the United Kingdom discussed how virtual currencies can be...
As per a report by The Sydney Morning Herald, Bitcoin firm Digital CC (ASX: DCC) has said that it is dumping ‘mining’ and is now entering the remittance market as it sees a more profitable scenario in money-transmitting operations. What makes the news more worthwhile is the fact that this...
Bitcoin remittance app Abra recently confirmed raising $12 million in a new venture financing round. The Series A round drew support from noted investors like Arbor Ventures, RRE Ventures and First Round Capital. Other investors that took part in the funding are Blockchain Capital, Digital Currency Group, Liberty...
Compared to Europe and North America, bitcoin adoption is still a tad slower in Asia, even though a large portion of bitcoin trading volumes are in China. Cryptocurrency payments haven’t gained much traction in the region, despite the increase in bitcoin remittance services. Countries such as the Philippines...
Bitcoin remittance service 37coins has announced that it will be closing shop and will no longer be offering its SMS-based wallet. Users have until the end of the year to withdraw their balances before the company’s official closure. This bitcoin remittance startup aimed to use low-cost cell phone...
There are many ways to make use of bitcoin – from profiting from its price fluctuations to using it as a means of fund transfer or remittance. However, the cryptocurrency still hasn’t become a main mode of payment or medium of settlement among most merchants and establishments. Can...
The leading bitcoin exchange in Vietnam recently launched a bitcoin remittance service in the country called cash2vn. This will enable users to send funds to their families and friends in Vietnam through the bitcoin network and the cash2vn platform for a fee of $2 per transaction. For now,...
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