Microsoft resumes Bitcoin payments acceptance

IT giant had already "banned" Bitcoin payments for three times
10 January 2018   1074

Microsoft accepts bitcoin as payment for its products again after a temporary suspension of the service caused by the "instability" of the cryptocurrency. This is reported by News Com Au.

Microsoft allows its customers to replenish accounts on its platform with bitcoins from 2014 onwards. During this time the company suspended the reception of crypto currency three times: in 2015, 2016 and last week.

The last episode was connected with "the instability of bitcoin as a currency," Microsoft explained.

In a conversation with on this Wednesday, a company representative confirmed the fact of the suspension of reception of payments in bitcoins.

We’ve restored bitcoin as a payment option in our store after working with our provider to ensure lower bitcoin amounts would be redeemable by customers. The bitcoin to me was always what the governments are gonna feel about bitcoin as it gets really big, and I just have a different opinion than other people. I’m not interested that much in the subject at all.
 

Microsoft spokeswoman

At the moment, the service is working in the standard mode, she added.

tZERO to Launch Bitcoin Trading App

Application itself is being developed by Bitsy; it may also begin to support Ethereum in the future
22 March 2019   142

The security tokens platform tZERO announced plans to launch a mobile application for buying and selling bitcoin. In the future, the application may also begin to support Ethereum,  CoinDesk reports.

According to Saum Noursalehi, CEO of tZERO, applications for iOS and Android devices should be launched in June. Bitsy is developing it, a cryptocurrency start-up that is part of the portfolio of the Overstock venture division of Medici Ventures.

That’s part of the reason we acquired Bitsy — to accelerate time to market for our mobile app. They have an app for trading crypto, primarily bitcoin, in a beta-phase, they built a wallet and key recovery mechanism, and this will be the foundation of the mobile app for tZERO. They are also working on some cool stuff like biometric login. 
 

Saum Noursalehi

CEO, tZero

According to him, the application will allow you to store cryptocurrency without the need to trust third parties and it will be connected to the network of exchanges through the API. The implementation of this plan will occur through partner tZERO, the institutional trading platform SFox.

In the future, the head of tZERO added, the platform also intends to create its own cryptocurrency vault to meet the demand from users.

The public beta testing of Bitsy wallet started in November 2018. With his help, the Overstock retailer plans to launch Bitcoin sales on its website.