SpicePay News

The WannaCry ransomware attack already has a successor. Like WannaCry, this new high-speed extortion scheme has perpetrators demanding payment in digital currency as “ransom” for victims’ files. WannaCry is believed to have infected more than 300,000 computers in the space of a week, most in Asia. This time, according to MalwareHunterTeam, Ukraine is “under fire.” […]

btc price, price of bitcoin, bitcoin price

The BTC price edged toward an all-time high last week, topping $1,100. While this peak was followed by a drop related to news out of China, 2016 was a year of highs, particularly in the past few months. The last time Bitcoin passed the $1,100 mark was in 2013, which begs comparison to last week’s […]

pay with bitcoin

When your customers pay with Bitcoin, SpicePay makes it as easy as possible. A single click does it all. Compare this with how much information has to be typed in when customers pay with a credit card. Time is money, so it’s always a good policy to make paying for your goods or services as […]

bitcoin payments transactions

Bitcoin payments could be much closer to going mainstream than many people think. The reason is not only that the list of merchants accepting bitcoin is growing by the minute. It is also because Bitcoin is maintaining a lower rate of volatility. In the past year, Bitcoin’s volatility rate has decreased substantially, from 4.9% at […]

bitcoin price

The bitcoin price has reached record highs lately, as geopolitical forces increasingly impact the bitcoin economy. Currency uncertainty, particularly in China and India, is stimulating dramatic increases in bitcoin transactions. Hence the soaring bitcoin price. We could be seeing the early rumblings of a greater upheaval to come – with the inauguration of U.S. President-Elect […]

bitcoin transactions, bitcoin adoption

Bitcoin transactions are increasing significantly worldwide. The week of 20th November was the busiest ever. Here’s a snapshot of this peak timeframe: • Two million bitcoin transactions • Tens of thousands of transactions backlogged for confirmation • 333,466 transactions processed in a single day High demand is driving prices up. Way up. The bitcoin price […]

segwit bitcoin capacity

As a way to increase bitcoin capacity, segregated witness (SegWit) has been a polarizing issue within the bitcoin community. By now you’ve probably heard the chatter, if not the rants. SegWit is a protocol designed to address the issue of bitcoin scalability. The idea is to separate the signature field of a bitcoin transaction from […]

Choosing bitcoins, businessman pressing touch screen button.

The transformation of the financial services industry is top-of-mind for everyone in the field and blockchain might be the hottest topic in the rapidly changing world of Fintech. The World Economic Forum (WEF) has concluded that blockchain technology “will fundamentally alter the way financial institutions do business around the world” after a year-long study of […]

Canada High Resolution Bitcoin Concept

Canada’s central bank, the Bank of Canada, and five other Canadian banks are experimenting with blockchain technology and a possible digital dollar as the growing demand for digital fintech payment systems puts the squeeze on the traditional banking sector. The big Canadian banks are also members of the R3 Consortium, which is working with 50 […]

Illustration with word cloud with the word Blockchain.

Blockchain Revolution

A change is coming to financial services that its proponents compare to the introduction of the internet: its effects will be dramatic, but it’s hard to see all its potential yet. The change is the introduction of blockchain, or distributed ledger, technology, which could have broad impacts across banking and trading for both individuals and […]