BitPay provides enterprise-grade bitcoin payment solutions for businesses and organizations.
Founded in 2011, BitPay is the pioneer and the most experienced company in bitcoin and blockchain payments. Its suite of products enables businesses to send and receive cross border payments, also enabling consumers to manage digital assets with the BitPay Wallet and turn digital assets into dollars.
The company has offices in North America, Europe, and South America and has raised over $70 million from leading investors including Founders Fund, Index Ventures and Aquiline Technology Growth.
The Wikimedia Foundation, the parent company of Wikipedia has suspended all crypto donations on its platform, in the aftermath of a three-month-long discussion about the fate of the cryptocurrencies on all of the Foundation’s affiliated websites.
The Lightning Network as a Bitcoin Layer 2 protocol allows BTC holders to form private payment channels between each other.
This came after Google dialed back its plans to add bank accounts to its payment app. The company’s ambition to offer financial services has been in the works for years.