Bitcoin news and archive

Philipp Plein expects rise in cryptocurrency payments

Philipp Plein forecasts customers to increase making purchases with cryptocurrency to rise to 15 million euros, after the company began accepting crypto in August 2021. In an interview with Bloomberg television the German designer said crypto payments accounted for 3 percent of online sales of 100 million euros. The company’s forecast is...

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Business

Mode rolls out payments and bitcoin rewards solution with THG

UK-based fintech venture Mode has launched its Open Banking-powered QR payments service and bitcoin rewards solution with The Hut Group’s tech platform. Mode’s integration into The Hut Group (THG) was originally scheduled for roll-out over 12 months starting from the end of Q3 2021, however, the fintech company stated that it has been “heavily...

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Business

Pacsun to begin accepting cryptocurrency

Multibrand retailer Pacsun has announced it will now be accepting bitcoin and other cryptocurrencies through blockchain payment provider BitPay, becoming one of the first major retailers to implement the technology into its space. Its decision is based on a report by GoBankingRates, that suggested the payment method is a major trend among the...

Retail

Artefact London to accept cryptocurrency payments

Artefact London has announced that it will become the first tailoring business in the world to accept LiteCoin, Bitcoin and Ethereum as payment options for its bespoke suits and other custom made garments. Founder and entrepreneur Tatyana Kozhevnikova, explains: "At the end of 2017 I made a decision that as long as cryptocurrency carries value...