Tagged: opennode

OpenNode to Test Bitcoin (BTC) Payments in Bahrain

As the first of several other planned announcements to come from the region, OpenNode intends to test a bitcoin payment processing and payouts solution via the Central Bank of Bahrain (CBB’s) Regulatory Sandbox. Bitcoin payments had “been non-existent in the island nation until now, which… Read More

Bitcoin Payment Provider OpenNode Secures $20M Series A co-led by Twitter, Kingsway, Tim Draper, Others

Bitcoin payment provider OpenNode has finalized a $20 million Series A round that was led by U.K. firm Kingsway at a $220 million valuation in order support its international  expansion. Other participants in OpenNode’s investment round include Twitter, venture capital investor Tim Draper and Avon… Read More

Bitcoin App Fold to Move To Lightning Network

Bitcoin rewards and payments app Fold has committed to moving to Lightning by the end of 2022 to support the growth of the Lightning Network. The Lightning Network (LN) is a second layer scalability protocol added to Bitcoin’s network that allows off-chain transactions, enabling near-instant,… Read More

OpenNode Celebrates Two Years Since Launch, Remains Focused on Supporting Bitcoin (BTC) Payments and Professional Business Invoices

The developers at OpenNode, which aims to offer a simple and reliable payments stack for businesses, notes that they had released the original beta version of their platform just two years ago. The OpenNode team writes in a blog post that they’ve grown really fast… Read More

New Split Payment Settlement Feature from OpenNode lets Users Pay Certain Amount with Bitcoin (BTC) and Local Currency

The developers at OpenNode, which aims to offer a simple and reliable payments stack for business, have revealed that they’ve introduced a feature that allows users to split the settlement of a single payment across both Bitcoin (BTC) and local fiat currency. The company notes… Read More

Microtransactions or Small and Quick Payments with Bitcoin (BTC) Can be Made via Lightning Network, OpenNode Team Explains

Ryan Flowers from OpenNode notes that the value of a single Bitcoin (BTC), the flagship cryptocurrency, keeps increasing and there will be more businesses that will accept BTC payments. Flowers points out that this has been the case in the past with larger corporations taking… Read More

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