Cardano’s Payment Gateway for Merchants Is Now Live

The Cardano Foundation, the firm behind the 12th biggest cryptocurrency Cardano (ADA), has launched AdaPay, an ADA payment gateway for merchants. Developed by the Cardano Foundation and enterprise-grade fintech platform Coti, the solution allows merchants to accept ADA payments with “near-instant” settlement in 35 fiat currencies directly in their bank accounts, the firm announced Nov. …

UpBit Promises Swift Reimbursement, Theories Over Missing Funds Swell

On Nov. 27, major South Korean cryptocurrency exchange UpBit announced that 342,000 Ether (ETH), accounting for roughly $50 million, were stolen from its hot wallet earlier that day. Details remain vague, and some users are suggesting an inside job, although experts are skeptical of the theory after analyzing the incident. The platform’s operator has promised …

Bitcoin’s Carbon Footprint Lower Than Previously Thought

Fresh research has challenged the perception that Bitcoin (BTC) mining is irreconcilable with tackling climate change. Major science and technology magazine The New Scientist published a report on the new findings on Nov. 20. Prior research over-reliant on “blanket” assumptions In their study, Susanne Köhler and Massimo Pizzol at Aalborg University in Denmark have criticized …

Bitcoin ATM Firm Partners With Largest Shopping Mall Operator in US

Miami-based Bitcoin (BTC) automatic teller machines (ATM) firm Bitstop has partnered with the largest shopping mall operator in the United States, Simon Malls, to install Bitcoin ATMs at several locations.  BitStop announced on Nov. 26 that the firm has already installed Bitcoin ATMs at five Simon Malls locations in California, Florida and Georgia. Bitstop co-founder …