Jan 25 2018
Stripe, the San Francisco, California-based company that helps thousands of businesses do financial transactions online, will soon stop accepting bitcoin payments.
"By the time the transaction is confirmed, fluctuations in bitcoin price mean that it's for the "wrong" amount", he said.
"For a regular Bitcoin transaction, a fee of tens of US dollars is common, making Bitcoin transactions about as expensive as bank wires", explained Karlo. Combined, he said that all these issues had led bitcoin users to view the virtual currency as an "asset" to be traded, rather than something to make payments with. "The fact that Stripe, the first major payments company that supported Bitcoin, is now scrapping such support is an interesting case in point". Maybe in Zimbabwe not so much considering that our use for Bitcoin is quite different from the rest of the world (store of value, remittances, global payments etc.). It allowed residents from more than 60 different countries to pay merchants on Stripe's network using bitcoin. Stripe's Bitcoin abandonment follows a similar move from Visa, in which the credit card giant froze the accounts of pre-paid Bitcoin debit card providers.
Stripe said it will still remain open about Bitcoin: we will still keen monitoring what's happening.
India drop hints at Rahane return in 3rd Test
In tough conditions like this where there isn't much between the two teams, you can not afford to give away wickets like that. MS Dhoni said, "If you can take 20 wickets then you can win the test irrespective of where you play, at home or outside".
McDonald to succeed Adams as Sinn Fein leader
The change represents a major shift for Sinn Fein , so closely associated with Adams' leadership, which started in November 1983. Mr Adams had earlier said that a united Ireland was not a pipe dream, adding: It is very achievable - we can do it.
Croatian-American Bernarda Pera Shocks World No.10 at Australian Open
However, on a steaming-hot morning with temperatures well into the nineties it became clear early on that she can properly play. Only then, when serving for the match, did Pera's nerves kick in and Konta broke back to level the set at 5-5.
Stripe said in a blog post that one of the main reasons it is pulling back is because "Bitcoin has evolved to become better-suited to being an asset than being a means of exchange".
Bitcoin transaction fees had also risen "a great deal" resulting in a decrease in demand from Stripe's customers to accept Bitcoin payments, he said. Gaming platform Steam announced previous year that they would stop taking payments in Bitcoin due to the high transaction fees involved.
"I wouldn't be surprised to see other payment vendors in the space determine it's not cost effective or provide enough utility at the moment to warrant supporting it", he continued.
Jan 24 2018
Last-ditch effort to end tussle fails, Karni Sena refuses to budge
All community leaders held a joint press conference and demanded to stop the movie's release. Get latest news & live updates on the go on your pc with.
Jan 23 2018
Afghan forces end Kabul hotel siege
At the time of the attack , officials from 34 provinces had gathered for a meeting organized by the Telecommunications Ministry. "The US Embassy is in close contact with Afghan authorities, who are continuing to investigate the incident", he said.
Jan 23 2018
Stay connected to The T&D after Facebook change
This leads to 'selective exposure, ' he said, where people are more likely to select news sources that they already agree with. The company chose to use community input to rank news sources in an attempt to be as objective as possible, Zuckerberg said.
Jan 22 2018
NYC Among 20 Finalist Cities For Amazon's Second Headquarters
Amazon officials said they reviewed 238 proposals from the U.S., Canada and Mexico. Los Angeles was the only West Coast city on the list .
Jan 21 2018
Trump forced to shut down federal government
White House Budget Director Mick Mulvaney said his office is preparing for "the Schumer shutdown ". "This is the behaviour of obstructionist losers, not legislators ", the statement added.
Jan 21 2018
Lithuania's cultmin off to World Economic Forum in Davos
Wanted me to cut ribbon-NO! In fact the plan was first reported in October 2008 , when George W Bush was still president. A visit was expected to attract mass protests.
Jan 20 2018
Steelers Name Randy Fichtner As New Offensive Coordinator
The Pittsburgh Steelers have announced that Randy Fichtner will be the team's offensive coordinator and quarterback coach in 2018. Pittsburgh is coming off a 2017-18 campaign in which the AFC North franchise ranked third in the league in total offense.
Jan 20 2018
Facebook to Have Users Decide What Is 'High Quality' News
Facebook initially proposed fighting false stories by letting users flag them. Facebook is shaking up your news feed yet again.
Jan 20 2018
Bitcoin Carnage: Bitcoin falls below $10000
Like a number of industry analysts, Capital is not convinced by bitcoin's value as a commodity. At its lows on Tuesday, bitcoin suffered its biggest daily decline in four months.
Jan 19 2018
Apple Looking Into Making Smaller iPhone 'Notch' Area
Apple is still years away from embedding all the sensors under the display panel and offering a notch-less all-screen iPhone. Industry sources told the publication that Apple is working with LG Innotek to shrink bezels on the 2019 iPhones.
Jan 23 2018Microsoft announces $189 classroom laptops and Office 365 dictation
Jan 22 2018You might want to disable Instagram's Activity Status feature
Jan 21 2018Clinical Kerber defeats Sharapova at Open
Jan 20 2018Olympic Diplomacy on the Korean Peninsula
Jan 20 2018Sushi lover pulled 5-foot tapeworm from stomach
Jan 19 2018Buses for Apple employees 'attacked' with pellet guns, company suspects
Jan 19 2018Revenue up at Penney's owner on record sales
Jan 19 2018Motorola expands retail footprint, announces 50 Moto Hubs in Delhi
Jan 18 2018Firefighter catches child while battling house fire
Jan 18 2018United Kingdom inflation rate drops in December
Jan 24 2018Big Surprises From This Year's Oscar Nominations
Jan 24 2018Range Rover SV Coupe: Land Rover tease a two-door Range Rover
Jan 24 2018Venezuelan President will run for re-election in 2018
Jan 24 2018Alumni from two local universities nominated for Oscars
Jan 23 2018Things We Learned From Tottenham Draw at St Marys
Jan 23 2018Ruth Bader Ginsburg shares #MeToo moment about Cornell instructor
Jan 20 2018Toronto man charged in deaths of two lacking males
Jan 20 2018Supreme Court to consider challenge to Trump's latest travel ban
Jan 19 2018NASA Has Declared 2017 To Be The Second Warmest Year On Record
Jan 19 2018Belgium pledges $23m to UNRWA after United States aid cut
Jan 19 2018Nintendo Dominated December With Big Switch and 3DS Sales According to NPD
Jan 18 2018Israel judge orders Ahed Tamimi to remain in custody until trial ends