RAIDRAID XRD STO news

RAID is a project that aims to have game data circulated transparently by applying blockchain technology. RAID is vitalizing the game data industry with OP.GG, the largest game data company as well as the first partner, by imbuing the improved efficiency into the existing game market. The goal of RAID is to offer users more innovative game experiences by creating new game data businesses that will ultimately result in the positive growth of the entire game industry. (BITTREX LAUNCHPAD) 
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Bitfinex Announces Tokinex, An IEO Platform With One Key Distinction

The Initial Exchange Offering has galvanized the crypto markets – but until a few days ago Bitfinex, which has endured a tumultuous few weeks, was surprisingly quiet on the subject. While Binance launched Matic and Celer, Bittrex canceled RAID, and exchanges across the globe hopped on a rapidly-accelerating bandwagon, innovation specialist iFinex was uncharacteristically silent. That all changed with the announcement that Bitfinex itself raised a quick billion dollars in a 10-day private sale, before releasing their pidgin Latin Unus Sed Leo tokens to a mildly-bewildered mass audience. But since Bitfinex appears to thrive on pressure (and that-whole-Tether-thing apparently isn’t enough) the crypto exchange is creating an entire IEO platform to launch other projects. Tokinex is the new initiative, and in many ways it follows a formula that is becoming familiar throughout the crypto space. The exchange will offer projects that meet certain vetting criteria to customers who successfully pass KYC (in this case, via the Blockpass mobile app) and those customers can then purchase tokens ready for “frictionless trading on the secondary market”. If you saw it before, you’ll love it when you see it again… but the déjà vu isn’t yet complete. Like competitors including Binance Launchpad, Huobi Prime, and KuCoin Spotlight, Bitfinex is committed to providing virtually instant liquidity within a massive pool – and for contributors, that means no long wait for the wheel to spin. If the project is a hit, they’ll know almost instantly. They can fund their successful application for tokens directly from their own BTC wallets. Never one to mince words, Bitfinex CEO Jean Louis van der Velde explained that “Tokinex brings the opportunity for anyone to participate in quality token sales in a fair environment, and for tokens to gain exposure to Bitfinex and Ethfinex users with no upfront cost.” Aha! There it is. Nestled away at the end of that sentence is – finally – a significant differentiator, and it is important. While *some* exchanges have been charging for access to their IEO platforms, the iFinex family doesn’t plan to do so. And that may mean that the projects listed on Bitfinex / Ethfinex have a more democratic selection process, possibly depending less on the cash reserves of the business and more on its value to potential customers. It may mean that. We hope it means that. The true nature of Tokinex will be revealed later this week, when its first IEO project is announced on May 23rd for a June sale. That should help to clear up whether Tokinex intends to be the Simba of IEO platforms – or the Scar.   The post Bitfinex Announces Tokinex, An IEO Platform With One Key Distinction appeared first on Crypto Briefing.
CryptoBriefing

KuCoin Launches Its Second Spotlight IEO: A Review

IEOs are the new Fad. This is not a new concept but so far the current hot trend in the market which most of the exchanges are trying to emulate.IEOs are almost like ICOs, apart from one crucial aspect. In ICOs, the token purchased will be sent to user wallet by the respective projects once the sales are over. There is no specific time frame. It can happen in a day or maybe months. But in the IEO model, the tokens will be put up for sales by the exchange and all the tokens are distributed to your exchange wallet once the sales are finished. This means investors buy the token directly on an exchange.The main benefits of IEOs are multiple. In an ICO model, an Exchange listing is never guaranteed. So far, almost 80–90% of ICO projects which was launched in 2018 have not managed to list their token on an exchange. This leads to a massive loss in terms of Investor confidence as well as on ROI as well.One another significant advantage is that IEOs provide the project with a more trustworthy reputation. No exchange will dare to list a project with a shady background as it will erode the standing of exchange as well ( Bittrex RAID fiasco). This helps to protect an average customer from getting robbed by shady ICO’s like those that happened in the past.In the past few months, we had seen a couple of IEO’s from leading exchanges with most of the IEO faring in green even after the initial pump. There are some failure stores as well like Veriblock which is performing below the IEO price.source:news.bitcoin.comIn one of my past article in Hackernoon, I have covered Fetch.Al which was launched by Binance Launchpad. The article received a high readership from the community. Hence I am trying to cover one more IEO which will be launched by Kucoin Spotlight (IEO platform of Kucoin Exchange) Trias (TRY).Trias (TRY): The next IEO from Kucoin Spotlight.Based out of Beijing, Trias ( Trustworthy and Reliable Intelligent Autonomous Systems)is trying to build a platform that will be trustworthy, robust and secure, where any system and software implement only expected behaviours. In simple terms, In Trias, any user can root trust into machines with a firm assurance that the machines will only “do what they are told to do”.As per the Whitepaper,Trias is building an all platform-supported native-application-compatible smart contract execution platform, development framework and collaborating ecosystem.The platform is built based on three subsystems, Levaitom(a computational platform which will be used for application execution), Prometh ( framework responsible for identifying the functions and properties of the software) and MagCarta ( the smart contract ecosystem to define dApp consensus strategies.)RoadmapTo be honest, the roadmap looks like half-baked. But they are maintaining a very active medium official account where progress is updated on a weekly basis. So far, as per the updates, they are showing good progress.TeamOne of the strongest points of Trias project is the team. Trias is lead by co-founders RUAN Anbang and WEI Ming who acts CEO & CTO. The team members are majory fetched from Octa Innovations Ltd, and they bring in a right mix of expertise.Past InvestorsVery less information is provided about the same. As per the website, earlier investors include NGC, DHVC, KOSMOS and Reflexion.Token MatrixToken Name: Trias (TRY)Total Token Supply: 10,000,000,000 TRYInitial Circulating Supply: 6.24% of Total Token SupplyPrivate Sale Allocation: 0% of the total token supplySeed Sale Allocation: 8% of the total token supplySeed Sale Token Price: 1 TRY = 0.004 USD (Based on total token supply)The price offered in IEO: 1 TRY = 0.005 USDToken SalesAs per Kucoin Announcement, up to 400 million TRY will be offered to the users at USD 0.005 per TRY. The hard cap is set at $1.6 million and the sale will follow a new lottery format.Users can obtain lottery tickets from Kucoin, based on various parameters like Trading Volume, KuCoin Bonus, KuCoin V2 APP and KCS Holdings Amount with max seven lottery tickets only be obtained per account.Each winning ticket will enable us to buy a fixed share of $500 worth of TRY.A word of CautionAs a retail investor, If you are planning to invest without participating in IEO, be careful with the initial pump. It has been historical noted that the price gets pumped in the first hours, later dropping and cooling down. Be careful not to get in the initial pump and suffer losses. Instead, wait for your chance and enter once the price stabilises.For more information about Trias, please read:TriasWhitePaper: https://www.trias.one/whitepaperOfficial Website: https://www.trias.oneTelegram:https://t.me/triaslabTwitter:https://twitter.com/triaslabDisclaimer: This article is not intended as investment advice. You should always do your own research and invest your capital wisely. I don't have any vested interest in the IEO, neither will I be rewarded in any way for writing this article.https://medium.com/media/3c851dac986ab6dbb2d1aaa91205a8eb/hrefKuCoin Launches Its Second Spotlight IEO: A Review was originally published in Hacker Noon on Medium, where people are continuing the conversation by highlighting and responding to this story.
Hackernoon

What do experts think about the sudden cancellation of IEO RAID by Bittrex and formation of the Ripple’s Xpring fund?

BLOCKCHAIN EXPERT OPINIONS Max Ng (Investor/investor relations/mentor/advisor/ICO marketing) Isroilzhon Orifzhonov (Founding President – 1000Spartans / ICO ADVISER / Blockchain developer) Dunstan Sibbechai (Founder and CEO of Interstellar) Cooper Turley (ICO Project Manager, Blockchain Business Strategist) Read more: https://icoholder.com/blog/what-do-experts-think-about-the-sudden-cancellation-of-ieo-raid-and-formation-of-the-ripples-xpring-fund-and-forte-for-100-million/
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KuCoin Hits its First IEO for MultiVAC Project Resulting Native Token Pumped Higher

Native tokens of Major cryptocurrency exchanges are moving the upside graph of Coinmarketcap following their interest in trending IEO concept. One of such token is KuCoin shares from KuCoin exchange which gains higher value after hosting the first project on Spotlight (The name of KuCoin’s IEO). At the moment, the KCS token has gained 15.17 percent over the past 24 hours. While Bittrex Suddenly Cancels its First IEO of RAID project, KuCoin took a leap with its Spotlight for a project called MultiVAC. Reportedly, the project is the first of its kind that hosted on KuCoin Spotlight platform. Interested users must hold KCS token and participate in MultiVAC Spotlight/ Initial Exchange Offering – increasing interest in KuCoin’s first Spotlight is likely the strong reason that influenced KSC’s market cap. Let’s put our Spotlight on MultiVAC! It’s my pleasure to introduce the pioneering all-dimensional sharding and flexible blockchain to you: MultiVAC, which is also the first project of KuCoin Spotlight. pic.twitter.com/1a3maI8AHM — Michael Gan (@gan_chun) March 25, 2019 Accordingly, the exchange had successfully completed the Spotlight of META token. Speaking the similar regards, CEO Michael Gan also shared yet another announcement; We will release the first Spotlight project within 24 hrs. Our derivative trading platform KuMex is also on the way and KCS will play a key role in it. Please stay tuned!! KCS Token is Rising As per the data provided by Coinmarketcap, KCS stands at 55th position with the value $1.31 US Dollar. Moreover, the average market cap of KCS token counts $117,746,520. Source: Coinmarpetcap.com However, IEO is as equal as Binance’s launchpad – Indeed, Binance is the early player in the crypto market to capture major crypto community with its new updates such as Binance Launchpad, Binance DEX, and Binance Chain. As Coingape reported, OKEx is also following the footprints of Binance exchange and announced its native blockchain called OKChain, OKDEx (decentralized exchange) and OKJumpstart. So readers, do you think IEO is an effective concept in against ICO? share your thoughts with us. The post KuCoin Hits its First IEO for MultiVAC Project Resulting Native Token Pumped Higher appeared first on Coingape.
CoinGape

RAID Project: Bittrex Cancels RAID IEO Hours Before Launch

Cryptocurrency exchange Bittrex has reportedly canceled an IEO (initial exchange offering) hours before its launch. The RAID project was expected to make $6 million USD by selling its XRD token to customers on the Bittrex exchange. Canceled RAID Project Bittrex reportedly called off the token sale after it learned that the RAID project had suddenly terminated its partnership with e-gaming data analytics company OP.GG. According to Bittrex, the partnership “was a vital part of the RAID project,” Bittrex said in a statement. “When Bittrex International became aware of this significant event, we did not ... ﾿ Read The Full Article On CryptoCurrencyNews.com Get latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn How to trade on cryptocurrency exchanges. All content provided by Crypto Currency News is subject to our Terms Of Use and Disclaimer.
Crypto Currency News

Bittrex cancels Initial Exchange Offering following changes to RAID project

U.S. crypto exchange Bittrex has announced the cancellation of the Initial Exchange Offering of the RAID token. According to Bittrex, RAID has undergone significant changes, and “OP.GG terminated its strategic partnership with RAID, which was a vital part of the RAID project.” For that reason, Bittrex no longer believes it can continue with the IEO in good faith. "One of the hardest challenges we face in advancing blockchain adoption is to avoid the rampant fear, uncertainty, and doubt that is everywhere in this industry," Bittrex writes. "When we become aware of significant events, we respond quickly to protect our users." Before the cancellation, the company admitted it wasn’t going to prevent Chinese citizens from participating if they were eligible for Bittrex International.
The Block Crypto

In the Daily: Cosmos Expands, Crypto Crime Network, Bittrex Cancels Raid Sale

In Friday’s edition of the daily, we begin by examining the rise of Cosmos, which in terms of sheer hype and expectation is this month’s Grin. We also check out anonymous crime reporting system Intelli Network and consider Bittrex International’s decision to cancel its first token sale hours before it was scheduled to start. Also read: Mt Gox CEO Mark Karpeles Found Not Guilty of Embezzlement Cosmos Whips the Cryptosphere Into a Craze The Cosmos network is only a few days old and already it’s the hottest ticket in town. 20,000 blocks have been produced so far, with an average block time of six seconds. The only number that’s captivated the investor community, however, is the price of its ATOM token. Poloniex is in the process of adding Cosmos’ native token to its exchange, but meanwhile, it’s trading on other platforms as futures. With atoms on some exchanges trading for close to $19, ICO participants are on course to make a cool 200x on their 2017 investment. The proof-of-stake Cosmos network, whose Tendermint algorithm has formed the basis of Binance’ new DEX, aims to connect blockchains and provide full interoperability between BTC and other assets. Intelli Network Devises Crypto Crime Network Intelli Network, an Ethereum dapp, has shared details of its crime-gathering network. The project aims to enhance public safety by facilitating the sharing of intelligence tools, with a focus on crowdsourced tips that can be provided anonymously and viewed by anyone. It aims to overcome the black box problem in which crime reports are normally submitted by the public, who are then left in the dark as to whether the incident has been investigated and resolved. The Canada-based Intelli Network is backed by the Calgary Innovation Coalition, an organization that supports entrepreneurs and startups in the region. Bittrex International Cancels Raid Token Sale On March 14, Bittrex International called off its maiden token sale hours before it was set to go ahead. In a statement, the exchange explained that “Trust and integrity are our most valuable assets … We decided to cancel the IEO as a result of significant changes in the business status of RAID. Specifically, a few hours ago, OP.GG terminated its strategic partnership with RAID, which was a vital part of the RAID project. When Bittrex International became aware of this significant event, we did not feel that it was in the best interest of our customers to move forward with the IEO.” OP.GG In an unambiguously worded statement, OP.GG explained: “There will be no economic and technical cooperation with RAID coin. In addition, OP.GG has no intention of developing any blockchain related business utilizing RIOT GAMES data. OP.GG will take all possible legal measures against individuals or organizations disseminating false facts related to this.” What are your thoughts on the stories in today’s news roundup? Let us know in the comments section below. Images courtesy of Shutterstock. Need to calculate your bitcoin holdings? Check our tools section. The post In the Daily: Cosmos Expands, Crypto Crime Network, Bittrex Cancels Raid Sale appeared first on Bitcoin News.
Bitcoin News

Here is Why Bittrex Suddenly Cancelled its Excited IEO Just Hours Before Scheduled Launch

Initial Exchange Offerings (IEO) are popping up as a new trend among cryptocurrency exchanges. As such, Bittrex Exchange had also announced to host its first IEO for a token called XRD but suddenly announced to pull it back due to ‘last minute’ problem, as confirmed by European Exchange Bittrex. Bittrex cryptocurrency exchange announced the reversal of its upcoming IEO scheduled to host on behalf of a South Korean Startup RAID for its XRD token. The exchange suddenly canceled it on March on March 14. As per the records, the IEO was supposed to go live on March 15 – and the cancellation announcement comes before a few hours of the scheduled launch. According to an official report, the exchange abruptly canceled it due to ‘significant, last minute changes’ with XRD crypto project. Bittrex International broke out a reversal tweet adding ‘ trust and integrity are the most valuable assets’; Trust and integrity are the most valuable assets of Bittrex International. As a result of significant, last-minute changes with RAID, we have cancelled the IEO offering of the RAID token. We apologize for the inconvenience. We will provide a more complete statement shortly. — Bittrex International (@BittrexIntl) March 14, 2019 Furthermore, in an upcoming tweet and announcement, Bittrex explains that the change occurred in the business status of the RAID project, elaborating that OP.GG terminated its strategic partnership with RAID which was essential for RAID project. OP.GG terminated its strategic partnership with RAID, which was a vital part of the RAID project. When Bittrex International became aware of this significant event, we did not feel that it was in the best interest of our customers to move forward with the IEO. Concerning the similar context, OP.GG reportedly confirmed that there will be no economic and technical cooperation with RAID Project. However, the platform servers 45 million monthly active users and with the recent announcement, all potential business discussion related to RAID project is no longer the concern of OP.GG. To note, Bittrex’s first IEO received a significant response from the industry players including CZ from Binance cryptocurrency exchange. if everything would perfect, Bittrex would launch its first IEO today (i.e on March 15) at 10 am KST on behalf of RAID project. Those who don’t know about IEO or Bittrex’s IEO announcement, please visit here – IEO The post Here is Why Bittrex Suddenly Cancelled its Excited IEO Just Hours Before Scheduled Launch appeared first on Coingape.
CoinGape

Bittrex Cancels RAID Offering After Project Terminates Partnership

Bittrex International has abruptly cancelled its first Initial Exchange Offering (IEO), mere hours before it was scheduled to begin. The exchange cited “significant, last minute changes” with the RAID (XRD) cryptocurrency project, saying they had no choice but to stop the IEO. Bittrex broke the news on Twitter this afternoon. Trust and integrity are the most valuable assets of Bittrex International. As a result of significant, last-minute changes with RAID, we have cancelled the IEO offering of the RAID token. We apologize for the inconvenience. We will provide a more complete statement shortly. — Bittrex International (@BittrexIntl) March 14, 2019 RAID is a blockchain-based game data supplier, and its XRD offering was expected to be Bittrex’s first token sale. The sale was only announced on Tuesday, as Crypto Briefing reported. At the time, Bittrex’s CEO, Bill Shihara, said that the sale would provide the sector with a regulated token sale space; it was to be their contribution to help move “the blockchain contribution forward.” Although Bittrex has yet to explain why the cancellation, it appears to be related to a breakup with one of RAID’s key business partners appears to be behind it. OP.GG, a game data analytics platform, OP.GG, had been a core partner to RAID, but the partnership appears to have gone sour. There’s still no news on what caused the split. Both companies’ websites have announcements confirming that their partnership is now at an end.  On RAID’s website it says the relationship had now been “terminated” because of “circumstances” at the partner company. OP.GG has also distanced itself from RAID. “OP.GG has stopped all potential business discussions related to RAID project and there will be no economic and technical cooperation with RAID coin,” it says on their website. “In addition, OP.GG has no intention of developing any blockchain related business utilizing RIOT GAMES data.” “OP.GG will take all possible legal measures against individuals or organizations disseminating false facts related to this,” it adds. The author is invested in digital assets, but none mentioned in this article. This article relates to breaking news. It will be updated as we learn more information. Join the conversation on Telegram and Twitter! The post Bittrex Cancels RAID Offering After Project Terminates Partnership appeared first on Crypto Briefing.
CryptoBriefing

Breaking: Bittrex Int’l Scraps ‘IEO’ amid Controversy over Crypto Startup RAID

European cryptocurrency exchange Bittrex International has scrapped its first “initial exchange offering” (IEO), just hours before the RAID crypto token sale was scheduled to commence. The cryptocurrency exchange announced the halt to the sale on Twitter, explaining that it made the decision to boot RAID from its platform after the project made “significant, last minute changes.” Trust and integrity are the most valuable assets of Bittrex International. As a result of significant, last-minute changes with RAID, we have cancelled the IEO offering of the RAID token. We apologize for the inconvenience. We will provide a more complete statement shortly. — The post Breaking: Bittrex Int’l Scraps ‘IEO’ amid Controversy over Crypto Startup RAID appeared first on CCN
CCN

Are XRD Tokens Coming From a Real Company?

CoinSpeaker Are XRD Tokens Coming From a Real Company?We already wrote of how the Exchange will launch its first IEO on behalf of RAID, a blockchain project. As announced on March 11, 2019, Bittrex said that they will host RAID (XRD) token Sale on its platform in a new concept known as Initial Exchange Offering.According to the announcement, Bittrex will launch IEO of RAID project. The new project is a blockchain-powered gaming data start-up originating from South Korea.However, following the story, we found some “irregularities” that may, or may not be of big importance but we still feel the urge to write the facts that are legit.Did Bittrex Listed Non Existent Tokens From Singapore?In the legal announcement by Bittrex, it is noted that XRD tokens will be issued by ONERAID PTE. LTD, a Singaporean Company. We tried to find this company on ACRA official website. As for them, there is no company with that name registered in Singapore.There are, however, several companies that have the word “Raid” in their full name (and are also Pte Ltd) but while one being registered for selling alcoholic beverages, the second one for apparel and accessories, the rest of them are pretty much inactive (and registered before 2010).Needless to say, we tried to google it, but with the exception of the story that we also covered yesterday, no one seems to hear for this company either (not even LinkedIn).We then went on their website where they are explaining their goal is to give data ownership back to users using blockchain technology and token economy.They wrote:“As a result, our goal is to create the decentralized game data ecosystem where data can be freely exchanged amongst users. Also, by leveraging the game data ecosystem, we are planning to promote and develop new businesses such as advanced game marketing, game data analysis and game distribution platform.”We then tried to find some of their co-founders or employees on the web. Even though their names and photos are regularly listed on their website, it doesn’t seem the guys are too eager to be on LinkedIn and/or Facebook. We couldn’t even find co-founder Cheonwoo Park for whose company OP.GG Forbes says it has amassed 32 million monthly active users across 30 countries. About him we don’t know much.Only that he is the founder of the company OP.GG. a website that tracks stats for widely popular multiplayer online games “League of Legends,” “Overwatch” and “Playerunknown’s Battlegrounds.” It also says that he is born in . world’s esports capital South Korea where he built up his first online gaming community at age 12. In high school, he ran a forum for selling MMORPG in-game items.Now, this is where the things became even more interesting, or should we say, “weird”. On OP.GG website is noted:“OP.GG has no affiliation with RAID Coin, and there is no economic and technical cooperation with RAID Coin. In addition OP.GG has no intention of developing any blockchain related business utilizing RIOT GAMES data. OP.GG will take all possible legal measures against individualsor organizations disseminating false facts related to this.”Also, trying to find anybody who could answer our legit questions, we realized that all six employees, including co-founders Cheonwoo Park and Taesung Kim are from South Korea. We have sent them an e-mail asking do they think it’s legit that non existent Singapore company already sells tokens and raises funds using Singapore as a brand and yet there is no evidence that a single Singaporean is employed in a non existent Singapore entity?We are still waiting for an answer and will publish it as soon as we get one.Changing the Name of the Token 16 Hours Ahead of Sale?We also asked why there is no data on the future token’s price, and the roadmap? It was also weird for us that only 16 hours ahead of token sale, they tweeted their decision to change the name of their token from XRD to RAID even though the name of the official website stayed the same – XRD.GG.And Twitter. They probably have done it in a hurry because the adress: https://twitter.com/RAIDOfficial2 doesn’t sound to convincing especially if we find the adress https://twitter.com/RAIDOfficial that has 5 followers and is belonging to someone who calls him/herself Shrey Sharma.The last but not least is a question: Where are the additional 14,5% from if the Initial Circulating Supply is 34.5%, Bittrex has 17% and Korean stock 3%?In the meantime, while writing this text on the original site XRD.GG came with an announcement that says:“The partnership between RAID and OP.GG has been terminated due to the circumstances of the partner company. OP. GG will also announce regarding this matter. We believe this will have a significant impact on investors’ decision-making. Therefore, after discussing with Bittrex, we will be able to inform you on the details before IEO begins.”So, there you have it and it leaves us to wait to see if we can get an answer to our questions.Are XRD Tokens Coming From a Real Company?
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US Telecoms Giant AT&T Now Accepting Crypto Payments via BitPay

US Telecoms Giant AT&T Now Accepting Crypto Payments via BitPay United States telecom and media giant AT&T now accepting cryptocurrency for paying phone bills online, according to an official press release on May 23. AT&T will process bills paid in cryptocurrency using crypto payments platform BitPay. BitPay is a platform that converts cryptocurrencies to fiat […] Cet article US Telecoms Giant AT&T Now Accepting Crypto Payments via BitPay est apparu en premier sur Bitcoin Central.
Bitcoin Central

Now Is Not The Time’ Rabobit Cryptocurrency Wallet Project Canceled By Dutch Bank Rabobank

Rabobank Goes Back On Its Rabobit Crypto Wallet Project Netherland-based bank Rabobank has pressed the pause button on its quest to build a cryptocurrency wallet according to TNW. The project which started since early last year is reportedly being abandoned by the bank which sought to bridge the gap between bank accounts and cryptocurrency. A […]
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AT&T Will Now Accept Bitcoin For Your Phone Bill

US-based mobile users can now use bitcoin and cryptocurrency to pay their bill thanks to a new partnership between AT&T and BitPay. AT&T Will Take Your Bitcoin Bitcoin’s path to mass adoption continues forward as major US telecom giant AT&T has announced that customers now have the option to pay their bills in cryptocurrency. The addition of crypto payments makes AT&T the first major U.S. mobile carrier to offer this option and Kevin McDorman, AT&T’s vice president of Communications Finance Business Operations said: We’re always looking for ways to improve and expand our services [and] we have customers who use cryptocurrency, and we are happy we can offer them a way to pay their bills with the method they prefer. Currently, the crypto payments are limited to bill payment only and AT&T did not specify whether customers would be able to purchase smartphones and other accessories online or in AT&T’s brick and mortar stores. Customers interested in making crypto payments can simply select BitPay as the payment option when they login to their accounts online or through the myAT&T app. Will Corporations FOMO into Cryptocurrency? AT&T is not the first major US-based corporation to accept cryptocurrency payments as Overstock, Expedia, Subway, Shopify, and Microsoft are just a few of the major multinational corporations accepting crypto payments. Just recently, Whole Foods and a slew of other big-name retailer have also started accepting bitcoin via another third-party payment partnership. But considering AT&T’s name recognition and dominance in the telecom sector the announcement is sure to make waves and is extremely positive news for the cryptocurrency sector. Are you going to spend your bitcoin on a cell phone bill? — Mr.Hodl (@MrHodl) May 23, 2019 As one would expect, not everyone is over-the-moon about the telecom’s new found love for cryptocurrency. Morgan Creek Digital co-founder Anthony Pompliano excitedly tweeted the news and is currently being bombarded by an array of semi-skeptical replies to AT&T’s announcement. Would you use your Bitcoins to pay your phone bill? Share your thoughts in the comments below!  Images via TradingView.com, Twitter, Shutterstock The post AT&T Will Now Accept Bitcoin For Your Phone Bill appeared first on Bitcoinist.com.
Bitcoinist

AT&T now accepts Bitcoin as payment for its 150+ million subscribers

AT&T, the world’s largest telecommunications company, became the first major U.S. mobile carrier to accept Bitcoin for payment. AT&T customers will now be able to select BitPay as a payment option, allowing for bill payment in Bitcoin and Bitcoin Cash. The telecom company had over 150 million subscribers as of Q4 2018. “We’re always looking for ways to improve and expand our services,” said Kevin McDorman, vice president, AT&T Communications Finance Business Operations. “We have customers who use cryptocurrency, and we are happy we can offer them a way to pay their bills with the method they prefer.” This story is in progress. The post AT&T now accepts Bitcoin as payment for its 150+ million subscribers appeared first on CryptoSlate.
Cryptoslate
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