Bitcoin 

Luxury Car Manufacturer Begins Accepting Bitcoin for Vehicle Sales

California-based luxury electric car manufacturer Karma Automotive has begun accepting digital currency as a means of payment at one of its stores in Newport Beach. Karma Newport Beach now enables customers to pay in Bitcoin (BTC) for new vehicle purchases and related services, according to a company press release on Oct. 15. Announcing the new offering, Karma CEO Lance Zhou said: “We are opening our platform to serve as a test bed to help convert theoretical blockchain applications to practical use. Karma’s flagship store will support our efforts to prove…

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Bitcoin 

Binance Starts Accepting Fiat Currencies Through Alipay and WeChat

Major cryptocurrency exchange Binance has begun accepting fiat currencies through online payment service Alipay and mobile messaging and payment app WeChat, CEO Changpeng Zhao (CZ) confirmed in a tweet on Oct. 9. Zhao was quick to clarify that, while it is accepting fiat through the aforementioned services, it is not working directly with WeChat or Alipay. Zhao noted that users are still able to use them for peer-to-peer transactions.  The move follows the implementation of Binance’s peer-to-peer trading for Bitcoin (BTC), Ether (ETH) and Tether (USDT) against the Chinese yuan…

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Bitcoin 

PwC Luxembourg to Start Accepting Bitcoin from October 2019: Official

PwC Luxembourg, a subsidiary of the world’s second largest professional services firm, will start accepting Bitcoin (BTC) payments starting Oct. 1 2019. “Bitcoin cannot be compromised” The Luxembourg branch of the Big Four auditing firm announced the initiative in an official press release on Sept. 2, claiming that the move shows the firm’s commitment to comply with the needs of clients as well as support the growing national crypto ecosystem. In the announcement, PwC Luxembourg expressed confidence in the major cryptocurrency Bitcoin, calling it the “first peer-to-peer payment mechanism that…

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Bitcoin 

Austrian Telecom A1 Accepting Crypto in Select Shops Using Salamantex

Major Austrian telecom operator A1 has started accepting cryptocurrencies as payment in seven selected shops in Austria. Six cryptos accepted Starting from Aug. 19, A1 customers can pay for network services in selected A1 branches using six major cryptos: Bitcoin (BTC), Ether (ETH), XRP, Litecoin (LTC), Stellar (XLM) and Dash (DASH), according to an official announcement published on Aug. 16. A1 Payment service, a digital payment system developed in collaboration with Austrian digital currency specialist Salamantex, German cashless payment provider Concardis and French smart payment solutions supplier Ingenico, was first…

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Cryptocurrency 

Andrew Yang’s PAC Accepting Donations in BTC Via Lightning Network

A new political action committee (PAC) supporting presidential candidate Andrew Yang is allowing donations in Bitcoin (BTC) via Lightning Network. The PAC, named Humanity Forward Fund (Humanity FWD), rolled out its Bitcoin-powered fundraising program, named “21 Days of Bitcoin for the 21st Century” on July 25, and will continue accepting Bitcoin donations until Aug. 14, according to its official website. Humanity FWD partnered with OpenNode to enable donations via Lightning Network Humanity FWD was launched by supporters of Democratic presidential candidate Yang on July 24 to support his run for…

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Ethereum 

Canadian Town Says Yes to Accepting Bitcoin for Property Taxes

Canadian crypto solutions provider and trading platform operator Coinberry has struck its second municipal partnership to provide Bitcoin payments processing for property taxes.  A press release published on July 15 revealed that Coinberry has begun negotiations with the City of Richmond Hill in the Greater Toronto Area after the Council voted on July 10 in favor of cementing an agreement with Coinberry to support Bitcoin (BTC) property tax payments for residents and firms in its jurisdiction. The partnership represents Coinberry’s second municipal foray in less than six months, with the…

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Bitcoin 

US Rapper Lil Pump Starts Accepting Bitcoin via Lightning Network on Merchandise Store

American rapper Lil Pump has started accepting bitcoin (BTC) payments through his merchandise store Unhappy, according to his website. Fans of the 18-year-old, known for his catchphrase “Esskeetit” and his most recent album Harverd Dropout, can select crypto as a payment option at the checkout. The rapper has 17.8 million followers on Instagram, 1.2 million followers on Twitter and 2.3 million likes on Facebook. Shoppers can either choose to pay off-chain using a BTC Lightning Network wallet or on-chain through a standard bitcoin wallet. Selecting one of these options generates a…

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