SafeGold, UWM, And Quorum Holdings To Accept Bitcoin For Payments
The first and the largest cryptocurrency by market capitalization, Bitcoin, gets more adoption from reputable companies. Unified Wholesale Mortage, the US mortgage lender, aspires to include digital assets as a payment option by 2021. Its first adoption in the plan is Bitcoin, though it will subsequently explore the potential of other cryptocurrencies like Ethereum. Similarly, […]
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The first partnership for Quorum since leaving JPMorgan is a big one.
In their recent SEC filing, eBay and PayPal confirmed plans to allow merchants with a standard account to accept bitcoin payments through third-party processor Braintree. This company was acquired by eBay for $800 million in September 2013 and will now be part of PayPal Holdings. In the same SEC filing, eBay and PayPal have announced the formation of a new corporation called PayPal Holdings that will take over the businesses in eBay's payments segment. Meanwhile, eBay will continue to operate its marketplace business as a publicly traded corporation. "As two distinct publicly traded....
In a landmark development for the Solana ecosystem, a newly proposed token emission model, known as SIMD 228, has attained quorum with approximately 70% of votes cast in favor. According to a post by research analyst Carlos (@0xcarlosg) on X, voting concludes at Epoch 755, which is set to arrive in under 48 hours. If […]
Ethereum has become the latest focus of attention of global banking conglomerate JP Morgan, which has unveiled its latest blockchain-based product. Quorum by JP Morgan: ‘A New Set Of Consensus Rules’. Quorum is a publicly available system JP Morgan is developing as a tool to iron out the “problems” of blockchain technology versus the needs of traditional....
US retail giant Overstock lost $117,000 on its investments in cryptocurrencies during the first quarter of 2015, according to the company's latest quarterly earnings report. Overstock listed its cryptocurrency holdings as valued at $233,000, down from $340,000 on 31st December. Long one of the largest merchants in the digital currencies space, Overstock had previously indicated that it was holding as much as 10% of its proceeds from such sales in bitcoin. The filing suggests Overstock is still holding the funds in bitcoin, as it noted subsequent increases in the value of bitcoin could be....