Payments Processor BitPay Joins the Bitcoin Foundation as Gold Member

Payments Processor BitPay Joins the Bitcoin Foundation as Gold Member

The Bitcoin Foundation added a new member to its ranks on 21st March. BitPay, a leading merchant processor that enables organizations to accept bitcoin, has become a Gold Member of the Bitcoin Foundation, an official blog post from the organisation revealed. The Bitcoin Foundation's goal is to advocate globally for the use of bitcoin as a new financial tool to enable monetary access, transparency and innovation. Speaking about the news, Tony Gallippi, CEO and co-founder of BitPay, said: "BitPay feels it is important to support the great work done by the Bitcoin Foundation, as they are....


Related News

The Bitcoin Foundation Welcomes BitPay as Gold Member

The Bitcoin Foundation, an organization focused on growing the Bitcoin economy, has welcomed another Gold Member to its ever-expanding community of Bitcoin innovators and supporters. BitPay, the newest Bitcoin Foundation member, has shown continuous support since the dawn of virtual currency. As a popular Bitcoin payment processor, BitPay has given businesses across the globe the ability to accept Bitcoin as payment. Additionally, the company's key spokespeople have also played a large role in the future of Bitcoin in the United States and abroad, speaking out and spreading knowledge of....

Leading Bitcoin Payments Processor Bitpay Joins Crypto Patent Alliance COPA

The world’s largest provider of cryptocurrency payment services, Bitpay has announced the company is joining the Square-founded crypto patent effort the Crypto Open Patent Alliance (COPA). Bitpay has been working with blockchain products since 2011 and the firm will share open-source projects and use a shared patent library with the crypto patent organization. Bitpay Joins Crypto Patent Effort COPA The Atlanta-based cryptocurrency payment and blockchain company Bitpay is joining forces with COPA. The Crypto Open Patent Alliance was originally invoked by Square, Inc., and the....

Bitcoin Foundation Board Member Elizabeth Ploshay Joins BitPay

Elizabeth Ploshay, communications director for Bitcoin Magazine and an elected board member of the Bitcoin Foundation, is leaving the publication to join the account management team at BitPay. Ploshay's new position at BitPay was announced on the company's official blog. In her capacity as Account Manager, Ploshay will work to enroll more charitable organizations and political campaigns in the bitcoin ecosystem. The addition of Ploshay to BitPay's account management team represents yet another high-profile talent acquisition by the company. Earlier this week, BitPay announced that former....

BitPay Sees 6,260% Increase in Bitcoin Black Friday Sales

Payment processor BitPay recorded a record number of transactions during the 'Bitcoin Black Friday' event on 29th November, accounting for 6% of all bitcoin transactions on the day, according to an announcement from the company. "[The bitcoin economy] is soaring ... as merchants are seeing tremendous value in accepting bitcoin payments," said BitPay CEO Tony Gallippi. BitPay said it processed 6,296 bitcoin transactions on Black Friday this year. Transaction volume grew by just under 6,260% compared to a year earlier - BitPay processed 99 transactions on the same date last year. Merchants....

Neteller Adds Bitcoin Funding Option Through BitPay

In a surprise move, e-wallet provider and payment processor Neteller quietly started to accept bitcoin deposits at zero fees via BitPay. Neteller customers will now be able to top up their accounts by exchanging Bitcoin via Bitpay which enables Bitcoin conversion into e-currency, the e-currency is then deposited into the Neteller stored value account into one of the currencies offered by Neteller. Neteller, owned and operated by publicly traded British global payments company Optimal Payments PLC, is used by millions of consumers in more than 200 countries and especially popular in the....