Payments

Alibaba Seeks to Eliminate Middlemen in Blockchain Payments Patent

| Wolfie Zhao

A new patent filing reveals Chinese e-commerce giant has been exploring the use of blockchain technology to speed up international payments.

Fred Ehrsam

Coinbase CEO Unveils Crypto Charity for the Unbanked

| Madeline Meng Shi

Coinbase CEO and co-founder Brian Armstrong wants to help the unbanked access financial services with a new charity, GiveCrypto.org.

Chat App Kik Launches ‘Crypto-Economy’ With Kin Token Integration

| Nikhilesh De

Messaging app Kik's users can now begin earning and spending its kin token with the launch of its "crypto-economy," the company said Wednesday.

Congress

US Senators Discuss Crypto Threat to Domestic Elections

| Nikhilesh De and Madeline Meng Shi

DarkTower director Scott Dueweke said cryptocurrencies are "tailor made" for foreign powers hoping to influence American elections.

AlipayHK Opens Blockchain Remittance Corridor to the Philippines

| Wolfie Zhao

The payment affiliate of China's e-commerce giant Alibaba has launched a blockchain-based remittance service between Hong Kong and the Philippines.

airplane, engine

Amsterdam Airport Lets Travelers Swap Leftover Euros for Crypto

| Wolfie Zhao

Amsterdam's Schiphol airport has launched an ATM that allows departing travelers to exchange their remaining euros for bitcoin or ethereum.

Robinhood CEO: It’s ‘Very Foolish’ to Rule Out Bitcoin

| Nikhilesh De, David Floyd and Madeline Meng Shi

More than a million people signed up to trade cryptocurrencies after Robinhood first announced the feature, co-CEO Vlad Tenev said Wednesday.

Walmart Patent Eyes Crypto Payments for Power Supply Precision

| Wolfie Zhao

Retail giant Walmart is exploring a way to let households manage their electricity bills with prepayments in cryptocurrency.

AmEx Is Hiring to Help Sell a Ripple Powered Blockchain Product

| Christine Kim

The partnership between American Express, Ripple and Santander Bank that began back in November of last year is reaching new heights.

Crypto Startup Wala Is Reaching Africans with Ethereum Micropayments

| Leigh Cuen

South Africa startup Wala is using microraiden for high volume, low-value, off-chain ethereum transactions. And people are using it in the thousands.