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Music Company Founded by Dr. Luke Enables Bitcoin Payments for Songwriters and Producers

Bitcoin mainstream adoption is not limited to celebrities endorsing the cryptocurrency via social media or interviews on TV. The music industry is also interested in joining the bandwagon, with an independent publishing company recently enabling bitcoin payments. Bitcoin Adoption Comes in Response to the Requests of Prescription Songs Creators According to Variety, Prescription Songs, founded by Dr. Luke (Lukasz Sebastián Gottwald), is now offering its roster of producers and songwriters the option to send payments in bitcoin (BTC). The feature is possible thanks to a partnership signed with crypto payments provider Bitpay. Dr. Luke is a well-known hitmaker in the…

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Paypal Enables Cryptocurrency Payments at Millions of Stores With ‘Checkout With Crypto’ Launch

Payments giant Paypal has launched the “Checkout With Crypto” service to allow consumers to make payments at millions of merchants using cryptocurrencies in their Paypal wallets. “This is the first time you can seamlessly use cryptocurrencies in the same way as a credit card or a debit card inside your Paypal wallet,” said Paypal’s CEO. Crypto Payments Through Paypal Now Enabled at Millions of Merchants Paypal Holdings Inc. announced on Tuesday the launch of a new service called “Checkout with Crypto.” The announcement details: Available at millions of global online businesses and continuing to expand over the coming months, Paypal…

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Scottish music school accepts cryptocurrency as payment for lessons

An Edinburgh music school will begin to accept tuition payments in the form of cryptocurrency. A Scottish music school will begin accepting cryptocurrency for tuition payments following demand from students, it was announced this week. The Morningside School of Music in Edinburgh said it was responding to suggestions from adult pupils in the school, many of whom now work in the city’s burgeoning fintech sector. Morningside’s director, Linda Boyd, said the school had previously used cryptocurrencies like Bitcoin (BTC) to make business purchases and could see the utility in accepting it as a form of payment.  She said, “We sometimes…

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Microsoft Is Surveying Its Xbox Users About Adding a Bitcoin Payment Option to the Store

The tech giant seems to be changing its stance on being more friendly with the cryptocurrency sphere amid the current hype. Microsoft has been asking its Xbox gaming console users about the possibility of implementing payment methods, such as bitcoin. The Poll Is the First of Its Kind Released by the Tech Giant With Crypto Questions According to a post in Reddit, a user reported that Microsoft started to show polls with the topic “Payment Options,” surveying people with questions such as how they pay for their things in Xbox. One of the items asks Xbox users about their thoughts…

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US Company Accepts Bitcoin Payments for Luxury Planes, as $40M Gulfstream Jet Goes on Sale

Aviatrade Inc., a New Jersey-based aircraft sales company, is now accepting bitcoin as a means of payment for its range of multi-million dollar luxury jets. Philip Rushton, president of Aviatrade, told news.Bitcoin.com that the first plane available for purchase via cryptocurrency is a six-year-old Gulfstream G650ER, which went on sale a couple of weeks ago. The private jet, Gulfstream’s existing flagship, is selling for $40 million. Billionaires Jeff Bezos and Elon Musk are some of the noteworthy owners of this plane model, reports note. Rushton revealed that cash-based sales for expensive luxury aircraft are subject to stringent governmental restrictions, but…

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BitPay decides to let all employees work from home permanently

Crypto seems to thrive on remote work. Bitcoin (BTC) payment and wallet company BitPay has chosen to take its company's working atmosphere remote, permanently. A poll from within the company revealed: "85% of employees preferred to work from home and felt they were more productive," said a Sept. 15 statement. "This insight coupled with the continuation in business, is a main reason the company chose to make working from home permanent." As a niche largely held within the digital world, the crypto space often sees companies and individuals working remotely. A growing trend in light of COVID-19 prevention measures, remote…

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Private Jets On Sale For Bitcoin- New Strategy To Boost Sales

Private jets are on sale now, owned by people like Elon Musk and Jeff Bezos, and you can purchase one for 3859 Bitcoin. Selling the jets for BTC is a part of a new sales strategy that is aimed at boosting jet sales of companies such as Aivatrade, as we are reading more in the latest Bitcoin news today. Private jets firm Aivatrade now accepts bitcoin as payment for its multi-million dollar jets. The company introduced the new payment method in a bid to tempt international buyers. The $40 million Gulfstream aircraft is the first one available that you can…

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PornHub Premium Starts Accepting Bitcoin And Litecoin Payments

PornHub Premium has just announced that it accepts bitcoin and Litecoin payments as we are reading more in our bitcoin latest news. PornHub premium was launched back in 2007 in Montreal, Canada, and quickly became one of the biggest adult websites in the world. PornHub Premium is the company’s source for HD adult videos where the users have to pay a few to watch videos and now they can pay in Litecoin and Bitcoin. The premium, HD arm of the website announced that they are now accepting Bitcoin and Litecoin as payment methods to further expand the crypto options: “To…

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This early Bitcoiner sold BTC on eBay for a 100% markup in 2015

Another story that helped pave Bitcoin's early road to adoption. Chris Maurice, CEO of Nigeria-based crypto exchange Yellow Card, made his first business venture into the crypto space back in 2015, selling Bitcoin (BTC) on eBay. "We did that for about a week and we did over $40,000 in sales at a 100% markup," Maurice told Cointelegraph in an interview. "We were seeing stars at this point," he recounted, describing his euphoria at the time.  The CEO first learned about Bitcoin in 2013 through a friend — Justin Poiroux, the co-founder of Yellow Card exchange, although Yellow Card was not formed…

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