BitPay

Blog

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

Update to the Bitcoin Best Bid (BBB) Rate

January 5th, 2015

Early this morning, Bitstamp, a popular bitcoin exchange, experienced technical issues and halted trading. Bitstamp’s order book is a part of the Bitcoin Best Bid (BBB) rate, BitPay’s global bitcoin exchange rate. The BBB rate is determined by consolidating the order books of all global exchanges which meet BitPay’s standards, and calculating the best bitcoin exchange rate available worldwide.

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We Welcome Xsolla to BitPay

December 3rd, 2014

Gaming payment processor Xsolla will now process its bitcoin payments through BitPay. This partnership will expand bitcoin adoption within the gaming industry and give gamers the option of using the world’s cheapest, fastest, and most secure payment method.

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Intuit adds BitPay to PayByCoin

November 11th, 2014

Businesses that use QuickBooks Online can now give their clients the option of paying invoices with bitcoin, thanks to Intuit’s integration of BitPay. Businesses with a BitPay merchant account can seamlessly accept bitcoin payments through Intuit’s PayByCoin service, and receive a next-day settlement to their local bank account.

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Bitcoin Checkout: One-Tap Mobile Bitcoin Payments

November 4th, 2014

We’ve been busy making bitcoin payments fast and seamless for mobile and retail businesses, and today we’re excited to launch our new point-of-sale app. Bitcoin Checkout allows merchants to accept bitcoin payments on a mobile device.

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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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