SpicePay News

cryptocurrency, bitcoin, ico ban

China’s ICO ban was enacted on September 4, when the central bank declared ICOs an “illegal public finance” mechanism. The ban means that Chinese start-ups will not be able to raise funds through an ICO (Initial Coin Offering), where capital comes in the form of cryptocurrency. It does not mean that cryptocurrency developers and service […]

bitcoin scaling segwit

The question of Bitcoin scaling is finally settled: On August 24 SegWit was activated! This is a major technical milestone, and a cause for celebration in the bitcoin community. Developers now have the ability to use the new protocol, which is expected to improve transaction speed and security – and lower fees. To give you […]

bitcoin business bitcoin merchants btc

August 1  has come and gone, and SpicePay made it through the drama that divided the bitcoin community. Following a brief security hold, we’re back in the bitcoin business, with all services in good operating order. Your patience during this odd little interval is appreciated. So what exactly happened? As you’ll recall from recent SpicePay […]

The issue of bitcoin scalability has been a persistent one, and the subject of heated debate, for some time. While bitcoin’s price soared to new heights and users multiplied, the question loomed: How can it be scaled? Let’s look at the basics. Bitcoin uses blockchain technology. A blockchain is essentially a distributed database for an […]

In the latest show of Bitcoin popularity, Wall Street investment bank Goldman Sachs announced the need for analyst coverage. Chief Technician Sheba Jafari wrote in a client report that the bank took the decision “due to popular demand”. It also cited the lack of volatility in other asset classes. While Goldman Sachs is bearish on […]