Moon Extension Allows to Pay With BTC at Amazon

It is worth noting that Amazon itself does not interact with crypto and Moon refuses to disclose which payment channels they use to convert BTC into Fiat
23 April 2019   751

Crypto-processing startup Moon announced the launch of a browser extension that allows to pay on Amazon with Bitcoins using any wallet that supports Lightning Network technology, CoinDesk reports. It is also possible to connect accounts on the Coinbase exchange for making calculations using the cryptocurrencies supported by it. Prior to that, about 250 people who had access to the beta software release could meet the possibilities of the wallet.

[The extension] will pop up a QR code and it will have the lightning invoice, which you could also copy and paste if you can’t use the QR code for some reason, and you’ll be able to pay with your favorite lightning wallet.

Ken Kruger

CEO, Moon

Moon Extension at Amazon Checkout
Moon Extension at Amazon Checkout

At the same time, Amazon itself does not interact with cryptocurrency. Moon refuse to disclose which traditional payment channels they use to convert Bitcoins into Fiat, which is then used to settle with sellers. According to their expectations, by 2020 the opportunity to pay for goods via the Lightning Network will be available “on almost all e-commerce sites,” regardless of their relationship to cryptocurrencies.

There’s no direct merchant integration. We’re integrating with the Visa and Mastercard networks and we get a cut of the interchange fees that merchants pay every time they receive a credit card transaction.

Ken Kruger

CEO, Moon

The extension is already available for download on the project website, but currently only supports Amazon.

Bittrex to Go For Maintenance After 1/3 Funds Moved

Users suspects hack, but exchange says "funds are safe"
05 December 2019   63

The Bittrex cryptocurrency exchange has announced scheduled maintenance today, December 5, from 22:00 to 23:00 (GMT). On the eve, a third of its assets were transferred to an unknown wallet.

During maintenance, users will not be able to log into the system or use the APIs. Trading will be suspended.

On December the 4th, populat Twitter account posted that "43,564 #BTC (313,074,134 USD) transferred from Bittrex to unknown wallet." Users suspected that the exchange was hacked, but the exchange . 

Closures for scheduled maintenance only heightened suspicion. However, the Bittrex team assures that "that claim is false."