Steak ‘n Shake reported a 10.7% increase in same-store sales for Q2, with the company crediting Bitcoin acceptance as a “game changer” for their business. The chain saves approximately 50% on processing fees by accepting Bitcoin payments through the Lightning Network across all 400 US locations. Reddit users are callingContinue Reading
Ripple has announced it is acquiring the stablecoin-powered business-to-business payments processing company, Rail, for US$200 million. The deal, which is expected to be completed in Q4 2025, will see Ripple become a “one stop shop” for digital assets payments and custody. The acquisition comes just weeks after Donald Trump signedContinue Reading
EIP-7999 proposes a single, fungible max fee to cover multiple Ethereum transaction resources. The upgrade could further improve cost-efficiency and maintain Ethereum’s competitive edge. It would build on past improvements like EIP-7706 and gas normalisation research. Ethereum co-founder Vitalik Buterin and developer Anders Elowsson have introduced a new proposal, EIP-7999,Continue Reading
YouTuber Andrei Jikh challenged XRP’s viability, questioning why Ripple’s claimed 300+ bank partnerships haven’t produced significant on-chain transaction volume over 13 years. Jikh raised concerns about XRP’s volatility making it impractical as a bridge asset, especially when stablecoins are increasingly preferred for cross-border transfers. Ripple CTO David Schwartz responded byContinue Reading
PayPal now allows US merchants to accept payments in over 100 cryptocurrencies, with automatic conversion to PYUSD or USD. The new feature boasts transaction fees as low as 0.99%, aiming to provide a cost-effective and faster alternative to traditional cross-border payments for small and mid-sized businesses, though it’s currently unavailableContinue Reading
