Altcoin News Official TheBitTimes.com

Roblox, an online gaming platform boasting over 200 million monthly active users, has added XRP to its list of accepted payment methods. The latest announcement came from BitPay on Oct. 17 via the social media platform X, formerly known as Twitter. News Alert @Xsolla now accepts XRP(@Ripple) with BitPay as a payment method for their games, such as @Smitegame and @Roblox. You can use your favorite cryptocurrency to buy, play, and enjoy gaming like never before.#BitPay #crypto #Smite #Xsolla #Roblox pic.twitter.com/NAg2EyOVGM — BitPay (@BitPay) October 17, 2023 The integration of XRP as a payment option is facilitated by Xsolla, a global video game startup that manages in-game payment s for Roblox. BitPay will serve as the facilitating partner for smooth integration with cryptocurrency wallets. Accessible across a variety of mainstream platforms—including Windows, macOS, Android, iOS, Xbox One, and PlayStation 4—Roblox boasts a daily active user base of 65.5 million. Nota...

Mark Smargon, CEO of Fuse, explains how blockchain-powered payments can fix the “broken traditional payment system.” Episode 16 of Hashing It Out explores one of the most popular cryptocurrency use cases: payments. Mark Smargon, CEO of Fuse, joins host Elisha Owusu Akyaw to discuss various Web3 payment solutions and how Fuse contributes to businesses’ adoption of cryptocurrency payments.  Smargon explained that the payment network’s strategy involves looking beyond investments to focus on everyday use cases like payments, which will likely bring more sustainable adoption. Despite the goal, Smargon recounted the difficulty in convincing people and investors that businesses would adopt blockchain payments when starting Fuse in 2019. Smargon further explained that Fuse is not competing with Ethereum but with Visa and Stripe, and that it’s intended to be the main payment layer for global transactions. On whether the battle of adoption will be won by a few blockchain networks, Smargon m...

SpankChain was forced to close its crypto payment processor after the hunt for a new adult-industry-friendly service provider yielded no results. Ethereum-based adult entertainment platform SpankChain is shuttering its crypto payment processor, SpankPay, after losing its payment service provider Wyre in February and failing to find a new one.  In February, SpankPay revealed that its previous provider — crypto payment platform Wyre — had terminated its agreement to provide payment services to SpankPay, referring to "violations of any third-party payment processor or network rules." After a long and difficult consideration, we have decided to close down SpankPay, our crypto payment processor that we built as a safe haven for our community. Rest assured your money is safe and we’ll get it to you as soon as possible. — SpankPay (@SpankPay) March 20, 2023 In a March 20 post, SpankPay said this was a “targeted shutdown” by Wyre because their new payment processor “doesn’t wor...