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How to Pay Employees or Get Paid With Bitcoin

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How to Pay Employees With Bitcoin or Be Hired for Cryptocurrency

Paying or getting paid with digital coins is the norm in the cryptocurrency sector. Participants in many other industries, however, may also be tempted to take advantage of the benefits offered by decentralized currencies. In the case of bitcoin cash (BCH), that means fast, secure and low-cost transactions. Some platforms facilitate crypto payments between companies and their employees, while peer-to-peer settlements remain a viable option as well.

Also read: BCH Can Be the Global Coin for Daily Spending, Says Italian Crypto Executive  Read more...

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Some Idiot Paid $5,000 for Ethereum Yesterday

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Ok, maybe we should have seen yesterday’s bitcoin price crash coming. Let me rephrase that: I should have seen yesterday’s bitcoin price crash coming. Here’s why: I watched some idiot buy ethereum at $ 5,000 in real-time. So I don’t know why I was so surprised when, just a few hours later, the bitcoin price began […]

The post Some Idiot Paid $ 5,000 for Ethereum Yesterday appeared first on CCN Markets

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Block.one Paid $30 Million for the Voice.com Domain

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Block.one, the startup behind the EOS (EOS) blockchain ecosystem, reportedly purchased the domain name Voice.com for its new social networking platform at the mind-boggling price of $ 30 million. According to a recent press release, MicroStrategy Inc. (MSTR) sold the domain name for $ 30 million in cash in a transaction facilitated by GoDaddy. “Block.one has made a smart […]
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Find a Job Paid With BCH Using Workingforbitcoins.com

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Find a Job Paid With BCH Using Workingforbitcoins.com

In this day and age, more and more people rely on income from remote jobs, and businesses often hire professionals who are located elsewhere. Cross-border payments within the traditional financial system are slow and sometimes problematic. Employers and jobseekers can now use websites such as Workingforbitcoins.com to pay and be paid with cryptocurrencies.

Also read: Top Up Your Airtime Minutes With BCH Using Yovopay  Read more...

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Public Transportation Across Argentina Can Now Be Paid With BTC

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Public Transportation Across Argentina Can Now Be Paid With BTC

The national contactless smart card that is used to pay for public transportation throughout Argentina can now be loaded with BTC. These cards are valid for rides on buses, trains, subways, and motorboats in 37 cities, including the capital city of Buenos Aires, according to the Argentine government’s website.

Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations

Top Up Sube Cards With BTC

Users of rechargeable contactless smart card Sube (Sistema Único de Boleto Electrónico) can start funding it with BTC for use in 37 cities in Argentina starting on Thursday, according to local news outlet cripto247.  Read more...

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Razer’s Paid to Play Gamer Reward Program Is Back

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Razer (RAZFF), a Singapore-based gaming hardware maker, recently revealed that its Razer Cortex: Paid to Play reward program is back in full on both PC and mobile devices. ICYMI, Paid to Play is back—and we’ve got a few useful tips for you to start racking up Razer Silver, one step closer to scoring rewards you love. […]
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29% of Freelancers Wish to be Paid in Crypto: Are Legacy Systems Inefficient?

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According to a survey conducted by Humans.net, a job recruitment platform, 29 percent of freelancers would rather get paid in crypto over legacy systems and banks. The survey, which covered 1,100 U.S.-based freelancers, disclosed that 18 percent of the respondents would like to receive all of their payments in crypto while 11 percent would prefer

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Manila Residents Paid in Ethereum For Cleaning Up Philippines’ Polluted Beaches

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A decentralized application (dApp) based on the Ethereum (ETH) network will begin rewarding residents of Manila, the Philippines, with ETH for cleaning up a heavily polluted beach in the capital city of the nation. Joseph Lubin, an Ethereum co-creator and the CEO of ConsenSys, the largest blockchain software development firm in the world, said: “In

The post Manila Residents Paid in Ethereum For Cleaning Up Philippines’ Polluted Beaches appeared first on CCN

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Investors in US Market Paid $39,000 to Buy Bitcoin at Peak Using GBTC

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In the bull market of 2017, crypto investors paid more than $ 40,000 per Bitcoin (BTC) to purchase the dominant cryptocurrency. In the US market, a product called the Bitcoin Investment Trust (GBTC) offered by Grayscale Investment, a subsidiary of Digital Currency Group (DCG) exists that allows retail investors to invest in Bitcoin through the same

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Surf Air Is Offering Discounts for Flights Paid for in Bitcoin and Litecoin

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Surf Air, a California-based commuter airline that offers unlimited flight service for a fixed monthly fee, announced on Tuesday that is is now offering discounts on its flight subscriptions for users that pay in Bitcoin (BTC) or Litecoin (LTC). Excited to now accept @litecoin and @Bitcoin for the Surf Air Express membership. Limited-time special-priced flights for […]
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India’s Biggest Private Company Gets Paid on a Blockchain

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Reliance Industries, India’s largest private sector firm, has successfully participated in its first ever trade finance transaction powered by blockchain technology. In an industry first, Indian oil and energy conglomerate Reliance Industries completed a trade finance transaction with US-based Tricon Energy, a global chemical distributor. The end-to-end ‘live’ transaction was executed over R3’s Corda blockchain,

The post India’s Biggest Private Company Gets Paid on a Blockchain appeared first on CCN

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Justin Sun: TronDice Has Already Paid Out 200 Million TRX

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Justin Sun, the CEO of the TRON Foundation, revealed today that one of the TRON (TRX) network’s first games, TronDice, has already paid out more than 200 million TRX ($ 4.6 million). Trondice now reaches 200 million TRX total won! #TRON #TRX $ TRX https://t.co/68BArAxWjM — Justin Sun (@justinsuntron) November 2, 2018 According to the game’s website, TronDice […]
SludgeFeed

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Do Wages Need to be Paid in Bitcoin for Retail Adoption to Happen?

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Do Wages Need to be Paid in Bitcoin for Retailer Adoption to Happen?

Is this a case of chicken and egg? If more retailers accepted Bitcoin, would more employees expect their wages paid in Bitcoin? Or, does Bitcoin need to be viewed more widely as a replacement for fiat first?

A recent tweet by Francis Pouliot, CEO of Canadian Bitcoin (BTC) 00 payments startup Bylls began a discussion as to whether retailer adoption of Bitcoin payments is being stalled by the lack of wages paid in Bitcoin.

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Ripple-Hired Lobbying Firm Will Get Paid [Partially] in Cryptocurrency

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A lobbying firm in America’s political capital that has been hired by cryptocurrency firms including Ripple will now get a certain portion of its fee paid in XRP. The Washington, D.C.-based Klein/Johnson Group has been contracted by the San Francisco-based Ripple and several other firms in the cryptocurrency sector and will be paid for its

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Australia’s Taxman Warns of Scammers Demanding Tax Debts be Paid in Bitcoin

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Australia’s taxman is once again sounding the alarm over fraudsters impersonating tax officials and demanding that tax debts be paid in bitcoin as well as other ‘unusual’ methods. In the latest scam alert, the Australian Taxation Office has warned that scammers are going around threatening to get the federal police to send Australians to jail

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Two-Thirds of Cryptocurrency Investors Want to be Paid in Bitcoin

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A new survey by HR startup company ChronoBank has found that crypto investors are disappointed in the lack of employers willing to pay salaries in bitcoin and altcoins. Price Instability Doesn’t Phase Crypto Wage Earners The survey of 445 crypto enthusiasts found that while 66% of respondents are willing to receive wages in cryptocurrencies, only

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Hacked Mining Firm NiceHash Has Paid Back 60 Percent of Stolen Bitcoin

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Slovenian bitcoin mining marketplace NiceHash has announced that it has successfully reimbursed 60 percent of all funds stolen in last December’s hack, which saw 4,700 BTC worth approximately $ 65 million stolen from the firm. Seventh Reimbursement The news was announced in a post on its Twitter account, where it was revealed that the seventh reimbursement

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Hawaiian Electric Utility Scam Threatens Disconnection Unless Bitcoin Bill is Paid

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It’s a case of an old scam in a new wineskin. Customers of electric utility companies in the state of Hawaii are being targeted by scammers who are relying on the relative anonymity offered by cryptocurrencies. The fraudsters are calling the customers of power firms that include Hawaii Electric Light, Maui Electric and Hawaiian Electric

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California Federal Court Allows Bail to Be Paid in Bitcoin

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Bail

A US Federal Court in California has allowed a defendant to pay his bail fees in Bitcoin, local news media reported August 15 in what sources say is not a first-time use case for the cryptocurrency.

Attorney: Objective Is ‘Compliance’

According to Palo Alto-based Daily Post, this week a federal judge allowed Martin Marsich, who faced charges of hacking into a local video game company, to pay his $ 750,000 bail in “Bitcoin or any cryptocurrency.”  Read more...

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Costa Rican Workers Can Be Legally Paid in Cryptocurrency

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Costa Rican Workers Can Be Legally Paid in Cryptocurrency

Employees in Costa Rica can receive part of their salary in cryptocurrency and that wouldn’t be against the law. Certain provisions in the national legislation allow companies to pay their workers not only with fiat money but also with goods, and some legal experts believe cryptos can fit in this category. Besides, Costa Rican laws provide for the use of commonly accepted assets as means of payment.   

Also read: New BATM Supporting BTC, BCH Launches in Sofia  Read more...

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