BayPay Members Blogs

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Tim Draper Is Bullish On Argentina’s Blockchain Tech Potential

In a talk at the Bitcoin2019 conference, Tim Draper revealed his perspective on the implications of his “joke” bet with Argentina’s current president which he made this year during a trip...
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Bitcoin’s Share of $350 Billion Crypto Market Highest Since 2017



Bitcoin has done it again, hitting a new 2019 high above $12,000 before retracing slightly. At 21:00 UTC on June 25, the world’s largest cryptocurrency by market capitalization broke from sideways...
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Square Is Expanding Access to Bitcoin Deposits for Cash App Users

Payments company Square is rolling out bitcoin deposits for its mobile Cash App. The app, available on both Android and iOS, now supports deposits for at least some users, according to...
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Ex-Trump Economist Joins ‘Crypto Central Bank’ After Failed Fed Bid

Stephen Moore, who recently rescinded his bid to join the Federal Reserve, announced plans to start his own cryptocurrency-based mini-Fed – billed as “the world’s decentralized central bank,” according to Fox...
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SEC Begins Accepting Public Comments on ETF Backed by Bitcoin and T-Bills

The U.S. Securities and Exchange Commission is kicking off the public comment period for a proposed exchange-traded fund (ETF) backed by bitcoin and Treasury bills. The SEC published a rule change...
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Minnesota House Bill Aims to Outlaw Cryptocurrency Donations

Minnesota
A group of Democratic Minnesota House Representatives have some opinions on crypto and, well, they don’t want it mixing into political donations. Minnesota House Bill 2884, introduced by Rep. Rick Hansen...
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Bitcoin’s Price Rises Above €10K in First Since January 2018



Bitcoin’s price topped €10,000 on Tuesday, hitting its highest level (in euro-denominated terms) in 17 months. The cryptocurrency rose to €10,024 at 13:10 UTC today – a level last seen on...
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Samourai Wallet Releases Privacy-Enhancing CoinJoin Feature

Samourai Wallet has unveiled a beta version of Whirlpool, a CoinJoin service that enhances transaction privacy. The company previously said that Whirlpool would be released to operate on Dojo, a much awaited...
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Bitcoin Startup Lolli Looks to Global Expansion With Hotels.com Partnership

Hundreds of people are earning bitcoin by taking vacations. The in-browser app Lolli, which allows users to earn bitcoin rewards for online purchases, just added Hotels.com to its list of partners....
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CFTC Approves LedgerX to Settle Futures in Real Bitcoin

The Commodity Futures Trading Commission (CFTC) has cleared bitcoin derivatives provider LedgerX to offer physically settled bitcoin futures contracts. The CFTC said Tuesday it had approved LedgerX’s application for a designated...
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Synthetix Trader Rolls Back Broken Trades That Netted $1 Billion Profit

In what amounts to a particularly heart-warming example of the power – and responsibilities – of decentralization, Synthetix founder Kain Warwick announced that an error that netted one legitimate user over...
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Wait for October: New Bitcoin Miner Demand Is Again Outstripping Supply

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Bitcoin’s ongoing bull run has juiced demand for new mining equipment, putting pressure on manufacturers to produce enough machines to satiate buyers. The world’s largest cryptocurrency by market cap is currently...
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Walmart China Teams with VeChain, PwC on Blockchain Food Safety Platform

Walmart China has launched a blockchain-based platform aimed to address food safety concerns in the country. Announced Tuesday in a press release , the Chinese arm of the U.S. supermarket giant...
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Swiss Central Banker ‘Relaxed’ About Facebook’s Libra Crypto

A Swiss central banker has suggested that Facebook’s recently announced cryptocurrency project, Libra, is not ruffling any feathers with the regulator. As reported by Reuters on Tuesday, Thomas Moser, alternate member of the...
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Bitcoin Buying Pressure Hits 2-Month High as Price Tops $11.4K




View Bitcoin jumped to fresh 15-month highs near $11,430 on Bitstamp earlier today, invalidating a  bearish divergence on the 4-hour chart.With a key indicator reporting the strongest buying pressure in over...
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Over 2,000 Investors Back Kraken Crypto Exchange’s $13 Million Crowdfunding

Regulated spot and futures crypto exchange Kraken has completed a $13.5 million round of financing on Bnk To The Future (BF), an online investment platform. With 2,263 participants , at press time,...
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Facebook’s Libra Cryptocurrency: Bad for Privacy, Bad for Competition


Scott A. Shay is co-founder and chairman of Signature Bank of New York and the author of In Good Faith: Questioning Religion and Atheism (Post Hill Press, 2018). Allowing Facebook to...
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Scammers Target Libra Fans With Fake Sites, Zuckbucks

Several exploitative websites launched over the weekend aiming to separate credulous Libra investors from their cash. Though Libra has not seen its public debut, the media buzz around it has piqued...
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Pot Startup Uses the Blockchain to Smoke Out Weed Strains

In what amounts to interesting – and very cannafuturoid – word salad, a Panamanian company called TheraCann has begun to add “DNA tag-based forensic traceability and authenticity with TruTrace’s Industry Blockchain...
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Second US Congressional Hearing Is Scheduled on Facebook’s Libra Crypto

The U.S. House Financial Services Committee will host a hearing on Facebook’s libra cryptocurrency next month, one day after the Senate Banking Committee holds its previously announced hearing. Maxine Waters, chair...
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