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SpicePay has started off the new year in a new space, in the heart of the booming London FinTech scene! Called the “European King of FinTech” by Forbes, London is widely regarded as Europe’s FinTech hub. This makes it a natural fit for SpicePay. How did we end up here, you might ask? We decided[…]

PayPal co-founder Peter Thiel made headlines this week when it was announced that his venture capital firm, Founders Fund, purchased somewhere between USD$15 and $20 million in Bitcoin. The disclosure carries some weight, given that Thiel, along with his co-founders, had the foresight to start a digital payments service two decades ago. A man of[…]

The issue of how to process more transactions, quickly and cheaply, continues to be a hot topic in the cryptocurrency world. Earlier this year SegWit laid the foundation. The Lightning Network offers a potential solution. While blockchain technology is revolutionary, it still has drawbacks. Under the current system, transactions are processed according to the amount[…]

Domain Name Wire reported that Amazon registered three new domain names related to blockchain and cryptocurrencies – “amazonethereum.com”, “amazoncryptocurrency.com” and “amazoncryptocurrencies.com” – on October 31. This is in addition to “amazonbitcoin.com,” which it registered back in 2013. Nobody knows why, and Amazon isn’t talking. It’s possible that Amazon’s only intention is to prevent someone else[…]

The bitcoin fork back on August 1 was the culmination of a dispute over how to scale bitcoin – a long skirmish some have called a “Bitcoin Civil War.” The lack of consensus led to a fork, which is when a cryptocurrency splits into two separate cryptocurrencies. This summer’s fork led to the creation of[…]

The Bitcoin price hitting $5000 was once a prediction that only the most bullish would make. In September, it happened, making history. Remember: Just over four months ago, in June, history was made when it hit $3000. Here we are in October and $5000 is already, well, history. This morning the Bitcoin price climbed to[…]

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[…]

This historic Bitcoin milestone was predicted by Bitcoin proponents well in advance. To some, it was only a matter of time. Others are aiming much higher. None of which dulled the excitement when the Bitcoin price reached an all-time high of $5000 USD per BTC on the CoinDesk Bitcoin Price Index on September 1! 2017[…]

PrestaShop merchants, we have news for you: SpicePay now has a simple plugin for PrestaShop that allows you to accept Bitcoin. It’s extremely easy to integrate. All you need to do is download and install. No coding or developer skills required. Just like that, in minutes, you can start accepting bitcoins in addition to any[…]

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[…]