BitPay

Blog

An open, staff-driven window into exciting developments, upcoming opportunities, and lessons learned in developing enterprise-grade infrastructure for bitcoin.

Comments on BitLicense

October 20th, 2014

Today, BitPay submitted our response to the New York Department of Financial Services’ (NYDFS) proposed regulations for virtual currency business activities, and we would like to share our themes and full response.

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Get Ready for the Bitcoin Bowl

October 15th, 2014

BitPay and ESPN have released the website for the 2014 Bitcoin St. Petersburg Bowl. Bitcoin users now have the first opportunity to purchase tickets for the largest event in bitcoin history.

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Back To School With Bitcoin

October 3rd, 2014

BitPay has recently begun a number of new sponsorships and payment processing partnerships in the educational field. As students walk around their campuses this fall, they may notice that, regardless of their own team colors, bitcoin orange is all the rage.

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Copay Now Works Asynchronously

September 29th, 2014

Copay, our open-source multi-signature wallet is still in development, improving week after week. We do our best to pay attention to community feedback and respond by building Copay into the most intuitive bitcoin platform possible. All this without ever compromising on security.

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Payment Protocol for Everyone

September 25th, 2014

One of the main priorities at BitPay is to make our platform, Copay (complete with a multisig wallet), as featureful as possible. Along with this is our core implementation of Bitcoin, aptly named Bitcore. Both of these projects can be run in the browser.

In our open source javascript projects, we implement multisig/pay-to-script-hash/HD wallets, and every other new Bitcoin improvement and buzzword you can think of.

However, up until now, as strange as it may seem for a platform that tries to implement every cutting-edge bitcoin improvement there is, Bitcore and Copay have lacked support for the extremely beneficial Payment Protocol (BIP-70). It ultimately became our primary goal to make Payment Protocol easy to use for everyone via Bitcore.

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BitPay And PayPal, An Unbeatable Payment Partnership

September 23rd, 2014
PayPal

Today we are excited to reveal our relationship with PayPal to increase the adoption of bitcoin worldwide. The first project we have completed is an integration with PayPal’s Payments Hub, which is their alternative payments platform for digital goods. Customers with a bitcoin wallet will be able to pay participating merchants in bitcoin for games, music, videos, news, ebooks, and other digital content.

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BitPay Brings Bitcoin to TechCrunch Disrupt Hackathon

September 4th, 2014

Bitcoin at TechCrunch Disrupt

This weekend, hundreds of hackers will pack the rooms at Pier 48 in San Francisco for the TechCrunch Disrupt Hackathon. BitPay and their engineering team will be on-site, providing support to any teams using Bitcore, BitAuth, or their Merchant API to interact with the Bitcoin network.

In addition to the normal Disrupt prizes, BitPay will be offering 3 bitcoin for the best use of the Bitcoin protocol — that’s $1500 worth of value at today’s exchange rates.

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Easy Bitcoin Options For Spree and Demandware Clients

August 28th, 2014

We have a new partnership with leading ecommerce platform, Demandware, and we have also built a new plugin for Spree Commerce. We are now a Demandware LINK Technology Partner. This opens the bitcoin payment option to hundreds of major Demandware retailers, from Adidas to Columbia. Our plugin for Spree Commerce will enable Spree’s 45,000+ web merchants to easily accept bitcoin.

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St. Petersburg Welcomes BitPay

August 27th, 2014

In preparation for the upcoming NCAA bowl game, BitPay has established a full-time presence in St. Petersburg. We now have two full-time employees located in St. Petersburg and will be bring teams down throughout the fall to work with local business who want to accept bitcoin. ESPN and BitPay are working diligently with the local St. Pete community to prepare the city for the biggest bitcoin event in the world.

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Merchants: Accept Bitcoin With Free Unlimited Processing, Forever

August 13th, 2014

At the end of July we were very happy to make the announcement that we would be making payment processing, free-of-charge, forever. The reaction from everyone in the community was positive, including a fantastic article from TechCrunch on the commoditization of payments.


To help expand the reach of this messaging to new merchants, we wanted to roll out this short video that gives a brief and easy to understand explanation of why BitPay is not only the best choice for bitcoin payment processing, but the best choice in payment processing, period.

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BitPay on Floss Weekly Podcast

August 6th, 2014

Last week, Ryan X Charles and Manuel Araoz spoke about Bitcore on Floss Weekly’s podcast hosted at twit.tv. Bitcore is a complete, native interface to the Bitcoin network, and provides the core functionality needed to develop apps for bitcoin.

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BitPay's New Plan: Free, Unlimited, Forever.

July 29th, 2014

When we started BitPay in 2011, we saw an opportunity to finally give merchants around the world relief from interchange fees. Today BitPay is proud to announce a new free plan which offers basic payment processing free-of-charge, forever.

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Bitcoin for Campaign Donations

July 24th, 2014

The FEC recently ruled that bitcoin can be accepted as a donation by political campaigns and organizations. BitPay has been working on taking full advantage of this ruling.

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Copay (beta), An Open Source Multisig Wallet

July 9th, 2014

BitPay is pleased to announce Copay, an open source, multi-signature wallet. Copay was born out of our own need to securely store Bitcoins and we felt it needed to be shared. We believe that multi-signature technology will play an important role in helping people secure their bitcoins against loss or theft. We also believe it is essential for wallet technology to be open source and peer reviewed.

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BitAuth, for Decentralized Authentication

July 1st, 2014

Today, BitPay is excited to announce our proposal for a new passwordless authentication protocol, based on the same cryptography used in the Bitcoin protocol. By eliminating server-side storage of passwords, we can drastically reduce the impact of a compromised server.

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ESPN and BitPay Enter 3-Year Deal To Produce NCAA Bowl Game

June 18th, 2014

Today we are happy to announce a 3-year partnership with ESPN Events to create an amazing bitcoin event for sports fans, families, and television audiences. The Bitcoin St. Petersburg Bowl, which people might nickname the “Bitcoin Bowl”, will be part of the NCAA post-season college football bowl schedule through 2016.

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