BayPay Members Blogs

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DARPA-Funded Study Looks at How Crypto Chats Spread on Reddit

A U.S. Department of Energy science lab has been studying studying how well three popular cryptos performed in Reddit chats. According to a press release provided exclusively to CoinDesk, data analysts at the...
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Bitcoin Struggles to Build Momentum After Defense of $7.4K Price Support



View Bitcoin is struggling to produce a stronger price bounce, despite the defense of the 4-hour chart’s 200-candle moving average – a sign of buyer exhaustion.A bear flag breakdown on the...
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Visa and App Provider LINE Pay to Use Blockchain in New Fintech Offerings

Japanese app provider LINE Pay Corporation has inked a deal with Visa to create new fintech services for their retail and merchant customers. In a joint statement emailed to CoinDesk on Thursday,...
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Marshall Islands Sets Up Non-Profit to Oversee National Digital Currency

The Marshall Islands has set up a not-for-profit organization to oversee the Pacific nation’s digital legal tender, the “Sovereign” (SOV). Called the SOV Development Fund, the entity will develop, implement and...
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Russian Retailer Dixy Using Ethereum Tech to Streamline Trade Finance

A new ethereum-based trade finance platform has been launched in Russia with the third largest retail player in the country as a key participant. Following a six-month pilot phase, Russian blockchain...
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Lightning Network Pioneer Releases New Code for Bitcoin Scaling Concept

Tadge Dryja, who co-authored the original paper underpinning bitcoin’s experimental lightning payments network, has released a new research paper outlining a proposed scaling solution that he’s been working on for the...
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The SEC Case Against Kik’s ICO Appears Strong, Experts Say

The U.S. Securities and Exchange Commission has sued messenger app maker Kik for its $100 million ICO – which the agency contends was an unregistered securities sale – and the regulator appears...
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The 8 Biggest Bombshells From the SEC’s Kik ICO Lawsuit

When Kik’s board of directors decided to support the company’s pivot to crypto, one of the board members described it as a “hail Mary pass.” It was early 2017 and the...
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Steve Case Backs $4.7M Seed Round for Blockchain Database Startup Fluree

Blockchain startup Fluree, a Public Benefit Corporation, received a $4.7 million round of funding from 4490 Ventures, an early-stage venture capital fund, along with Revolution’s Rise of the Rest seed fund,...
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‘Badger Wallet’ for Bitcoin Cash Launches On iOS


Bitcoin.com’s Badger Wallet , a bitcoin cash light client, launched a new app for iOS, marking its entry into mobile devices after success with desktop storage and trading. Apple users, like...
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California CPAs Push for Crypto Accounting Clarity

The California Society of CPAs is pushing for clarity in accounting and disclosure rules regarding cryptocurrencies, citing a lack of specific guidance within U.S. GAAP, the standard accounting protocols followed in...
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The SEC Is Suing Kik for Its 2017 ICO

The U.S. Securities and Exchange Commission (SEC) is suing Kik for allegedly running an unregistered securities sale when it launched an initial coin offering (ICO) for its kin token in 2017....
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The FBI Is Looking for QuadrigaCX Victims

Multiple criminal investigative agencies within the U.S. are looking into the circumstances of the now-defunct Canadian crypto exchange QuadrigaCX. According to a press release published Monday, the FBI, the Internal Revenue...
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Dutch Crypto Exchange Blockport Shuts Down, Vows to Return

Blockport, a cryptocurrency exchange based in the Netherlands, has been been forced to close due to lack of operating capital, but it’s vowed to return. According to a filing  reported by...
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Retail Giant Carrefour Saw Sales Boost From Blockchain Tracking

French retail giant Carrefour has attributed a recent increase in sales to its use of blockchain tracking. Carrefour’s blockchain project manager Emmanuel Delerm told  Reuters on Monday that the use of...
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Long-Term Support Level May Struggle to Revive Bitcoin Price Rally



View Bitcoin is again attempting a recovery from the 30-day moving average, currently at $7,710. The key average has consistently reversed price pullbacks in the last four months.This time, BTC is...
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Bloomberg Terminal Lists Ethereum-Based Debt Instrument

Cadence, which puts commercial debt into ERC-20 tokens, will soon be listed on Bloomberg Terminal. In a first for a blockchain-based financial instrument, Cadence has obtained a Financial Instrument Global Identifier (FIGI)....
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Game Creator Lucid Sight Bringing ‘Star Trek’ to the Blockchain

Blockchain games developer Lucid Sight is teaming up with media firm CBS Interactive to bring “Star Trek” game play and collectibles to the blockchain. Lucid Sight announced Tuesday that it has...
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BitConnect Promoter Wanted Over Another Alleged Crypto Scam

A promoter of the now-shuttered crypto fraud BitConnect has again been charged over a different claimed cryptocurrency scam. The Times of India reported Monday that police in the city of Ahmedabad,...
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Crypto Exchange Bits Of Gold Wins Supreme Court Battle Over Bank Block

Cryptocurrency exchange Bits of Gold has won a notable legal victory over an Israeli bank in its bid to keep access to banking services. On Monday, the Israeli Supreme Court ordered...
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