BitPay Adds SegWit, BlockFi Doubles Revenue, 3 News From Cardano + More

July 3, 2020 | By | Reply | 19 Readers More


BitPay Adds SegWit, BlockFi Doubles Revenue, 3 News From Cardano + More 101
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This is our daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.

Crypto adoption news

  • Major crypto payments company BitPay added support for SegWit in their wallet as an optional feature, and enhanced integration with Coinbase to enable users to directly manage their Coinbase wallets from inside the BitPay App. Later this year, support for SegWit, which lets save around 30% in miner fees, will be a default feature. (Learn more: Bitcoin Users Could’ve Saved Half a Billion USD in Fees – Report)
  • Crypto lender BlockFi has said that since raising USD 30 million in Series B funding in February, they have doubled monthly revenue, and have posted 100% revenue increase in Q2. The gains were partially driven by the Bitcoin halving in May: during that week, BlockFi…

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