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Showing posts with the label payments

Mt.Gox Creditors Set To Start Receiving Repayments in 2023-2024

In 2014, Mt.Gox suffered from the largest Bitcoin hack up to that point in time. Wu Blockchain announced on X today that Mt.Gox creditors received emails from the bankruptcy trustee. Due to the email, repayments of Mt.Gox creditors are expected to start this year, continuing into 2024. Wu Blockchain shared in an X post today that some creditors of Mt.Gox have recently received an email from the bankruptcy trustee, who announced their intention to initiate re payments . The email stated that the trustee is actively working towards starting the re payments within the year. Some MtGox creditors received email from the bankruptcy trustee stating that the trustee plans to start repaying creditors soon and is working to start repaying them in cash in 2023 and will last until 2024. Mt Gox will distribute 142,000 BTC, 143,000 BCH, and 69 billion yen,… pic.twitter.com/jJW7v2qKws — Wu Blockchain (@WuBlockchain) November 22, 2023 However, because of the vary...

Retail giant Pick n Pay to accept Bitcoin in 1,628 stores across South Africa

Grocery retailer Pick n Pay is expanding its Bitcoin coverage to all stores in the country following a three-month pilot testing phase. The South African grocery retailer Pick n Pay is expanding its Bitcoin (BTC) coverage to all 1,628 stores across the country following a three-month pilot testing phase in 39 locations.  As part of its nationwide rollout, store customers will be able to pay for items using cryptocurrency via smartphone apps or by scanning a QR code and accepting the South African rand's conversion rate at the time of payment. Good news, everyone! CryptoQR is now active at all Pick-n-Pay stores across South Africa, including PnP express and clothing shops! You can also buy Airtime and Electricity, Plane and Bus tickets, and pay your municipal bills with #Bitcoin at the till! pic.twitter.com/3hVhgIJdTb — CryptoQR ️ (@CryptoConverted) February 1, 2023 To pay with BTC, customers will need a Bitcoin Lightning Wallet and the CryptoQR scanner app from CryptoConvert,...