On July 12, South African payment gateway service Payfast announced the company is dropping bitcoin core (BTC) payments due to network congestion and high fees. Payfast emphasized that BTC has a number of limitations and design flaws which makes it PayFast will end support for Bitcoin as of 20 July 2019. Japanese Exchange BitPoint Hacked, $32 Million Stolen. The Japanese exchange BitPoint suffered a hit recently, having been hacked by a still unidentified group, and losing $32 million worth of several cryptocurrencies. The exchange had to suspend deposits and withdrawals, and went into an ... In an unfortunate turn of events, PayFast, the first-ever online payment gateway accepting Bitcoin (BTC) in South Africa, called time on BTC payments citing fundamental technical issues in the blockchain and a hitch in user-friendliness.. PayFast set to stop Bitcoin (BTC) payment channel on July 20 th 2019.; High transaction fees and slow confirmation times reasons for the halt. Get Bitcoins with Binance P2P today! Buy and sell Bitcoin via P2P with the best local bitcoin exchange rates when you make peer-to-peer trades on Binance. PayFast is a South African Online Payments Processor or payment gateway. The company has expressed its frustrations that led to dropping bitcoin, through an announcement on its website. From July 20, 2019, PayFast has said that it will cease supporting bitcoin payments because the transaction fees are high and Trade over 40 cryptocurrencies and enjoy the lowest trading fees in America. Binance cryptocurrency exchange - We operate the worlds biggest bitcoin exchange and altcoin crypto exchange in the world by volume Binance cryptocurrency exchange - We operate the worlds biggest bitcoin exchange and altcoin crypto exchange in the world by volume Working closely with Bitcoin evangelists like Roger Ver and Ben Reeves, he discovered that he could avoid certain regulatory complications that came with using fiat currencies on an exchange platform if he were to do away with fiat altogether as it increases the risk of money-laundering. The Binance ICO commenced in July 2017 in a booming industry, and investors happily invested a sum of $15 ...
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