Bitcoin Payments

Former patrons can’t drown sorrows as first-ever bar to accept Bitcoin closes

A legendary bar and restaurant in Germany that was reportedly the first to ever accept cryptocurrency as a form of payment has permanently closed. According to an Oct. 18 Reddit post from Joerg Platzer, founder of Room 77, the first brick-and-mortar business to accept Bitcoin (BTC) is no longer accepting customers and has shuttered its …

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Nevada Woman Charged in Bitcoin Murder-for-Hire as a Mystery Hacker Again Turns Tipster

A Nevada woman is facing federal charges for allegedly paying a darkweb hitman $5,000 worth of bitcoin to murder her ex-husband in a case that shares striking parallels with another recent murder-for-hire plot. The charges demonstrate how individuals who view bitcoin as a gateway to criminal dealings – thinking, perhaps, that the crypto provides unparalleled …

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Iran Is Ripe for Bitcoin Adoption, Even as Government Clamps Down on Mining

Iran-based bitcoiner Zahra Amini was used to answering questions on cryptocurrencies, but usually about their relationship with crime. So when a 70-year-old man recently asked her to explain crypto because he no longer wanted to rely on the national rial, Amini felt something had changed.  “If people that age are thinking about storing their wealth …

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Another Bitcoin Lightning Startup Is Working With Visa to ‘Fast Track’ Card Payments

Last month, Bitcoin Lightning startup Strike announced  it would be working with the world payment giant Visa. Now, another startup in the same vein, LastBit, which just launched its app in beta, will be going through the same Visa Fast Track program.  This partnership will eventually make it possible for users to pay for items …

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