Bitcoin 

New App Bottle Pay for ‘Sending Bitcoin via Social Media’ Raises $2M

A U.K. tech firm has raised a £1.6 million ($2 million) investment for an app that allows users to send Bitcoin (BTC) using their social media accounts. As reported in the North East Times, Oct. 11, Newcastle company, Block Matrix, received the funds to further develop its Bottle Pay platform. “Allow everyone to use Bitcoin” The Bottle Pay platform lets users transfer Bitcoin using their social media accounts. This enables payments to any social media contact regardless of whether they have a Bottle Pay account. The Bottle Pay app will…

Read More
Bitcoin 

Ledger to Add SWFT-Powered Atomic Swaps to Its Ledger Live App

Major hardware wallet producer Ledger plans to integrate cryptocurrency atomic swaps powered by cross-blockchain transfer protocol SWFT into its companion app Ledger Live. According to a press release shared with Cointelegraph on Oct. 8, “wallets with SWFT Blockchain integration allow their users to swap currencies without having to leave the app or worry about addresses.”  That being said, no date has been provided for the launch of the new Ledger Live feature. SWFT Blockchain founder and CEO Ramble Lan envisions the demand for such services to grow dramatically in the…

Read More
Bitcoin 

Fold App Raises $2.5M to Bring Bitcoin Lightning Payments to Starbucks

The Fold app, a mobile shopping app that supports Bitcoin’s Lightning Network enabling users to withdraw funds to an external Bitcoin (BTC) wallet, has raised $2.5 million and added a fiat currency payment option.  In a Sept. 25 blog post, Fold’s editor, Will Reeves, informed the public that the app’s users can now spend both fiat currency and Bitcoin at online and in-store retailers by synchronizing their credit card or Lightning wallet.  Fold has also enabled its users to stack sats when making purchases with fiat and Bitcoin at major…

Read More
Bitcoin 

Germany’s Bitwala Launches All-In-One Mobile Bitcoin Bank App

On Aug. 29, German blockchain-based banking startup, Bitwala, announced the launch of its smartphone app for Bitcoin banking on iOS and Android. Customers in over 30 European countries can now open a German bank account with integrated Bitcoin wallet and trading.  Open an account directly from within the app in minutes The onboarding process for new customers has been directly integrated into the app. It uses a video identification feature, with which residents throughout the European Economic Area can verify and open an account within minutes. Bitwala CTO, Benjamin James…

Read More
Bitcoin 

Bitcoin Rewards App Lolli Partners With Major US Pet Store Chain

Lolli, an app that provides Bitcoin (BTC) rewards to users when they shop with partner stores, has teamed up with major American pet retailer Petco. The rewards deal with Petco Lolli announced the new partnership in an official blog post on Aug. 23. In the announcement, the company notes that there are two new veins of rewards that come with the partnership. One is that Lolli users can earn up to 3.5% satoshis (sats) of their purchases on Petco’s website, Petco.com.  Another is that Lolli users can earn a flat…

Read More
Bitcoin 

Square Doubles Bitcoin Revenue, Generating $125 Million via Cash App in Q2

Payments company Square has generated $125 million in Bitcoin (BTC) revenue in the second quarter of 2019 through its mobile payments service Cash App. Square released the information in the company’s Q2 2019 shareholder letter on August 1. According to the letter, the company’s Bitcoin revenue benefited in part from the number one  cryptocurrency’s price rally over the quarter. As a result of this price growth, there was also a correspondingly increased volume of Bitcoin, they say. This resulted in a $2 million gross profit for the company. Cash App…

Read More
Cryptocurrency 

Swiss Crypto Finance App Gains Nationally Recognized AML License

Cryptocurrency-focused personal finance app Aximetria has gained a financial standards license recognized by Swiss regulators. In a press release provided to Cointelegraph July 29, Aximetria, which is based in the country, said the Swiss Financial Services Standards Association (VQF) license would allow it to function as a crypto intermediary and streamline its onboarding process. The VQF license is approved by Switzerland’s overarching finance regulator, the Financial Market Supervisory Authority (FINMA). An award means the holder carries out activities in compliance with the organization’s anti-money laundering (AML) and Know-your-Customer (KYC) rules. …

Read More
Cryptocurrency 

Bitcoin-Friendly Square Cash App Stock Price Up 56% in 2019

Cash App, they payments app of San Francisco-based payments company Square, announced a Bitcoin (BTC) giveaway in a tweet published on July 26 as its stock price continues to grow, according to MarketWatch. Giving away Bitcoin In its tweets, the official Cashapp Twitter account announced that it will give away $50,000 in Bitcoin. In subsequent tweets, Cashapp also pointed out that the number of tweets grew first to 12,300, and then to 40,300.  As Cointelegraph reported at the end of June, Square already enabled Bitcoin deposits to all of its…

Read More