Coinbase Adds New Buy-Back Feature and Ability to Display Bitcoin in Bits
There's some pretty interesting stuff going on over at the Coinbase camp. The San Francisco-based company today put together two blog posts on a couple of features that are sure to be crowd pleasers. The first of the two is the option for Coinbase users to buy back bitcoins following check out. Quite simply, what this means is that when a user spends a certain amount of bitcoin, they can instantly buy that same amount back from Coinbase at current market rates. So if I were to spend 1 bitcoin on a new desk, for example, I could instantly refill my Coinbase wallet with the same amount of....
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Bitcoin payment processor Coinbase is now enabling merchants to display the cost of their goods and services in smaller denominations of bitcoins - "bits". The San Francisco-based company, which has so far raised funding totalling $31.7m, explained that using bits means prices can be displayed using two decimal places, which consumers are already used to. Currently, a single bitcoin is divided into eight decimal places, with each unit known as a "Satoshi". One bit (or µBTC) is worth 100 Satoshis, so something worth $1 can be priced at 1,700 bits rather than 0.0017 BTC. New buyback feature.....
Twitter was the first to introduce this feature a few days back, Reddit is now working to bring a similar feature too. Through this feature, Reddit will allow users to display non-fungible tokens as display pictures. This is a limited feature and as Reddit has already begun testing this, it might soon be released for […]
The internet content subscription service Onlyfans has announced the launch of a feature that leverages non-fungible token (NFT) technology. The newly-added feature, introduced on Thursday, gives Onlyfans members the ability to display authenticated NFTs as their profile pictures. Onlyfans Steps Into the Realm of NFTs The London-based content subscription service Onlyfans is well known for its direct funding for content creators, its one-time tips, the firm’s pay-per-view (PPV) features, and of course, NSFW content. This week, Onlyfans has revealed it is experimenting with....
Tag Heuer has launched a new feature which is typically a smartwatch feature that shall let these watches display the NFT collection owned by Tag Heuer users. Tag Heuer has ventured further into the world of Web3 and has introduced this brand new feature. The NFT will be visible on the face of the smartwatch […]
In a post written by Jeff Garzik, digital currency payments processor BitPay has announced plans to bitcoin display prices as "bits" or "uBTC". The topic has been much debated in the community, and according to Garzik, "this is a human interface and technical issue that warrants careful consideration." Citing that moving to "bits" would be most compatible with existing financial software, the following is an outline of BitPay's plan: Go to six decimal places, up from 4. Drop leading "0." Prices are now expressed in micro-bitcoins (uBTC or "bits"). When necessary, add two decimal places.....