ProCurrency (PROC): The Future of Commerce PROCURRENCY QUICK STATS The future of commerce has arrived! Focused on disrupting the norm, ProCurrency claims to be designed for everyday use by consumers and businesses. CoinPayments is happy to announce the addition Procurrency payment processing. According to the ProCurrency team, the technology around PROC helps the masses experience cryptocurrency without making it seem overly complicated or convoluted. Further, ProCurrency is aiming to be, and is quickly becoming the gateway to cryptocurrency for businesses and consumers alike. Adopting a two-phase system, PROC aims to…
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DigiByte Coin (DGB)
DigiByte (DGB): Forward Thinking Blockchain Technology DIGIBYTE QUICK STATS Cryptocurrencies have become an increasingly popular way to transact online and are rapidly revolutionizing the way modern business is conducted. In short, they provide a quick and inexpensive way to accept customer payments in comparison to the traditional method such as credit card. CoinPayments is proud to be the leading processor of over 400 digital currencies, offering support to 940,000 vendors in 182 countries . As part of our mission, we provide education to customers on the digital currencies we support.…
Read MoreVerge
VERGE QUICK STATS Interested in using cryptocurrency for everyday use, but worried about recent industry security and privacy lapses? Well Verge could be the cryptocurrency designed for you! Built with a focus on privacy, Verge claims to improve upon the original Bitcoin blockchain by providing individuals and businesses with a fast, efficient, and decentralized way of making direct transactions. Verge is able to offer its users increased privacy because they make transactions anonymous by obfuscating the IP address and geolocation of its users. This makes the users information fully untraceable.…
Read MoreDogecoin
Dogecoin (DOGE): The Fun and Friendly Internet Currency DOGECOIN QUICK STATS Forget about the banks because Dogecoin has your back! The decentralized, peer-to-peer digital currency is set to disrupt and enhance how you approach sending money online. Doge’s collective endeavor coupled with their growing communities is helping them become one of the most popular cryptocurrencies in the digital tipping marketplace. While Dogecoin was originally introduced as a “joke currency” in 2013, many supporters were thrilled to see it quickly develop its own online community and reach a capitalization of US$60 million in…
Read MoreSHE256 – Women in Blockchain
A Women in Blockchain event hosted by Blockchain at Berkeley, SHE256’s vision is to empower and motivate women ahead of this disruptive and newly emerging technology, by offering “A unique opportunity to set the culture and tone”, says Sara Reynolds, Executive Director of SHE256, in her bubbly opening statement. Inclusivity, connecting communities and changing the ratio are some of the terms heavily spotlighted throughout the day, offering the audience a true sense of belonging; which is precisely what SHE256 intends to achieve with their mission. Upon arriving at UC Berkeley’s…
Read MoreA Quick Guide to $PayByName™ in CoinPayments
$PayByName™ is a unique CoinPayments feature which is designed to enormously simplify the process of sending and receiving payments via numerous different crypto coins inside the CoinPayments ecosystem and a selection of apps through our partner Netki. The feature offers one chief benefit in that allows the user to send or receive payments without having to copy and paste wallet addresses. Now, if you’re a total newbie to the crypto currency ecosystem, here is what a typical Bitcoin (BTC) wallet address looks like: 3Jpk464Enx4YA58HJHdtT82hwgUfig4geC This is what a typical Ethereum…
Read MoreCOINFEST 2018
CoinFest Vancouver: Lightning Edition By: Christina Succurro On April 6th, 2018 CoinPayments in partnership with Andrew Wagner will be hosting CoinFest, a mini Blockchain expo which aims to be the event equivalent to open source peer-to-peer technology. A local venture founded in 2013 returning for the second year in a row, to our very own Headquarters here in Vancouver BC. CoinFest has consistently provided opportunities for businesses and Crypto enthusiasts to casually connect over pizza and beer with some of the most influential people of the fin-tech world. An educational and…
Read MoreNEO
NEO (NEO): An Open Network for Smart Economy NEO QUICK STATS The 9th largest cryptocurrency, with a total market capitalization of over 3 billion USD, NEO payment processing is available through CoinPayments. Since NEO rebranded from Antshares (ANT) in 2017, it has quickly gained momentum as China’s leading smart contracts platform. A currency inevitably compared to the Ethereum blockchain for their similarities, Neo and Ethereum are both open source, Turing complete platforms specifically designed to host smart contracts, initial coin offerings (ICOs) and dApps, respectively fueled by crypto assets. NEO…
Read MoreOfficial CoinPayments Ripple Theft Statement
On June 5th, 2017 a Ripple theft occurred on the CoinPayments platform due to an error that allowed a few users to withdraw excessive XRP from hot wallet XRP accounts. Due to the rarity of the circumstances, this issue was difficult to detect. CoinPayments has done a full review of our systems and added additional checks and protections to ensure similar issues do not occur again in the future. This isolated incident was the first of its kind on our platform and affected only ripple wallets which were not taking…
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