Recently, the payment merchant PayPal entered the cryptocurrency industry by having launched a buy and sell services. This event caused a drastic bull run of most major cryptocurrencies. However, soon enough the service faced serious problems with one of the users, causing most coins to collapse.
Recently, IKEA Iceland successfully made an invoice on Ethereum (ETH) blockchain tech, by allowing payments from a local merchant in electronic cash. The monetary payment was conducted in the best interests of Nordic Store by means of encoded smart contracts.
A merchant in Genoa, Italy, bought fake cryptocurrency and lost more than €30,000. The complaint was presented at the offices of the postal police. With the inspector who took charge of the complaint, explained that the merchant had bought Bitcoins for 30 thousand euros from a self-styled trader who contacted her on her cell phone.
Two of the most innovative blockchain companies, Pundi X and UTRUST, have announced a strategic alignment of vision and mission, engineered to deliver a unique solution for mainstream cryptocurrency adoption. The solution will enable retailers and merchant services to integrate and physically accept cryptocurrency for goods and services offline.
Black Friday is approaching fast. If you’re not the type of person to sprint into Bestbuy at midnight looking for the best deal, BitcoinBlackFriday.com brings Bitcoin-exclusive deals to consumers so that they can purchase products and services with BTC.