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Customers Can Now Pay With Cryptocurrency At a Brazilian Supermarket Chain

Customers Can Now Pay With Cryptocurrency At a Brazilian Supermarket Chain

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A supermarket chain on the northern coast of Rio de Janeiro, in the Rio das Ostras municipality, now gives customers the option to pay with cryptocurrency, according to local news outlet Portal do Bitcoin. Oasis Supermercados has two stores and a total of 90 employees. Those who patronize the supermarket can pay with bitcoin, litecoin, and bitcoin cash, according to administrator Douglas Andrade. Andrade said the inspiration to accept cryptocurrency first came from his brother, who called a brokerage firm after watching a video about how stores and shops could accept crypto. News Is Spreading Fast About The New Payment Since the supermarket chain just started accepting cryptocurrency on December 18th, Andrade said there have not been any payments made with crypto yet. He ind
Crypto Artist Sells This Art Piece At $0.000000037 Using Lightning Network

Crypto Artist Sells This Art Piece At $0.000000037 Using Lightning Network

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Is “pay for coffee” your standard for micro-transactions? You may want to think again… Cryptograffiti, an anonymous artist dedicated to working with topics related to crypto and blockchain technologies recently published in Reddit a post claiming to have conducted a “micro auction” to sell a small work of art made from a dollar bill. The piece, which barely measures 3.55cm X 4.44cm is called “Black Swan” and was auctioned on the cryptograffiti website. However, the auction had a very curious feature: The winner of the work would be whoever offered the least amount of money for it. With this initiative, Cryptograffiti wanted to create a piece of art that could be considered as the world’s least expensive artwork. Also, given the characteristics of the auction, it was evident th
Switzerland Merchants Charged 8% by PayPal Showing Merits of Crypto

Switzerland Merchants Charged 8% by PayPal Showing Merits of Crypto

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Paypal ,a leading payments processor valued at over $97 billion, charges merchants high percentage-based fees on top of a flat based fee of 2.9 percent. The high transaction fee of PayPal has led merchants to explore alternatives like crypto to minimize expenses. For most normal users on PayPal, a transaction from one user to another in the same country is charged a base fee of 2.9 percent. But, if the transaction is sent to a user in a different country, conversion rates apply, often taking the fee from 2.9 percent to over 5 percent. For merchants, the fee can exceed the range of 8 to 10 percent depending on the country a merchant or a user is based in. 8% Fee, Locking Funds For 3 Months On a cryptocurrency-related subreddit (/r/cryptocurrency), one Switzerland-based merchant
Vitalik Buterin Awarded Three Ethereum Startups With $100,000 Each

Vitalik Buterin Awarded Three Ethereum Startups With $100,000 Each

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Contrary to what his nickname on Twitter says – Vitalik Non-giver of Ether – Vitalik proved today that he’s a giver of Ethereum. No, it’s not the typical scam you see on twitter where people pretend to be starts to scam others. This is just Vitalik building Ethereum’s future the way he built Ethereum – winning a Thiel Fellowship for $100,000. Three projects received 1,000 ETH grants today : Prysmatic Labs, ChainSafe Systems and Sigma Prime. These projects are among the 8 ones that are working to build the Ethereum 2.0. Sigma Prime is creating an Ethereum 2.0 client, Lighthouse. Prysmatic Labs are working on Ethereum scalability and ChainSafe are also trying to do an Ethereum 2.0 client. This came as a surprise, in response to a Twitter thread where members of the Ethereum communi
Atari Launching Two Blockchain Based Games

Atari Launching Two Blockchain Based Games

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Blockchain, Cryptocurrency, Gaming–Giant video game company Atari announced on Dec. 18 a partnership that would see the re-release of two popular games with updates that will utilize blockchain for their core mechanic. According to the press released issued on Tuesday, the gaming company has entered into a licensing agreement with the blockchain startup company Animoca Brands, in an effort to re-introduce two of its more popular mobile games with blockchain integration. Specifically, the agreement includes the rights to “RollerCoaster Tycoon Touch” and “Goon Squad,” to be developed and distributed by Animoca Brands globally, except for China, Hong Kong, Taiwan and Macau. In particular, RollerCoaster Tycoon Touch has amassed more than 19 million downloads, providing an avenue of e
Coinbase Will Soon Reward You for Studying Crypto

Coinbase Will Soon Reward You for Studying Crypto

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Coinbase wants to incentivize the public to learn more about cryptocurrencies – by paying them with crypto. The exchange announced Wednesday that it was launching Coinbase Earn, a new system where Coinbase users can earn 0x tokens by completing various educational tasks, including watching videos and taking quizzes. The platform is invite-only at launch, though anyone can sign up to a waiting list. The educational content is freely accessible, regardless of whether a user is part of the Earn platform or not, according to a press release. Coinbase launched Earn after surveying both customers and non-customers, and finding that “one of the biggest barriers for people to explore a new digital asset is the lack of knowledge about that asset.” “Many of the people we spoke to exp
Iranians Turn to Bitcoin Mining to Cushion the Effects of U.S. Sanctions

Iranians Turn to Bitcoin Mining to Cushion the Effects of U.S. Sanctions

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Iran is in the middle of a bit of an economic crisis right now. Due to hiccups caused by the sanctions that were imposed by the United States government a while back, the government of Iran has had its hands full with merely keeping its economy afloat. Due to this, it would appear that the citizens are taking matters into their own hands. Having started using cryptocurrency for transactions with the rest of the world, they have now turned to Bitcoin mining as a means of making ends meet, according to a report on the Atlantic Council. The U.S. imposed sanctions affected the Iranian economy in more ways than one. Perhaps the biggest negative that came out among other effects of the sanctions saw Iran-based commercial banks kicked out of the Society for Worldwide Interbank Financial Te
Crypto Exchange Zebpay Launches Euro to Crypto Trading in 21 European Countries

Crypto Exchange Zebpay Launches Euro to Crypto Trading in 21 European Countries

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Zebpay,which used to be one of India's largest crypto exchanges but is now based in Malta, announced on Tuesday (11 December 2018) the launch of fiat (euro) to crypto trading in 21 European countries. On 28 September 2018, Zebpay, which was founded in 2015, announced that it had no choice but to halt its exchange services in India (due to an order in April 2018 by India's central bank, the Reserve Bank of India, to financial institutions not to provide services to any entities dealing with virtual currencies): "Zeb IT Service Ltd has played a pioneering role as a cryptocurrency exchange in India. Lakhs of Indians took their first step into the world of Bitcoin using the Zebpay app. Your trust has been the pillar of our strength. Despite regulatory and banking problems along our j
A Built-In Ethereum Wallet Just Got Added to Opera’s Browser

A Built-In Ethereum Wallet Just Got Added to Opera’s Browser

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Opera has announced the public release of its “Web 3-ready” Android web browser, which notably sports a built-in cryptocurrency wallet. Previously available in beta, Opera for Android supports ethereum’s ether and other tokens using the network’s ERC-20 standard. The app also provides support for crypto collectibles (ERC-721 standard) such as CryptoKitties, as well as ethereum-based decentralized apps, or dapps, that can be accessed from the wallet. “Until now using cryptocurrencies online and accessing Web 3 required special apps or extensions, making it difficult for people to even try it out. Our new browser removes that friction,” Charles Hamel, the product manager of Opera Crypto, said in a statement. Speaking to CoinDesk, Hamel said the new product is largely the same as
Major German Stock Exchange to Launch Crypto Trading Platform

Major German Stock Exchange to Launch Crypto Trading Platform

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Germany’s second-largest stock exchange, Boerse Stuttgart Group, is set to launch a cryptocurrency trading platform in the first half of 2019. The firm announced Wednesday that it has partnered with a local fintech company solarisBank to create an engineering infrastructure for digital assets trading. solarisBank, which operates with a banking license in the country, will also be Boerse’s banking partner for the venture. “With its combination of technology and banking expertise, solarisBank is a great partner for us to offer central services along the value chain for digital assets,” said Alexander Hoptner, CEO of Boerse Stuttgart. Initially, trading for bitcoin and ether will be enabled on the platform, with support for other tokens expected once its initial coin offering (IC