Coinbase integrates with Primer and leverages Coinbase Commerce for a more seamless crypto checkout experience. The company’s blog was announced on Tuesday (May 17th).
This addresses the often tedious option for payments, as the merchant does it so that the consumer has as much flexibility as possible.
Primer is a payment automation platform that provides a “fully integrated” checkout and payment infrastructure, allows merchants to connect and control payment stacks, and is highly advanced with a codeless editor. Allows you to build a flexible payment flow.
Coinbase, meanwhile, “will delay hiring in order to rehire. [its] “Employment needs” for that business goal.
According to the company, the original plan was to triple the size of the company, but current marketing shouldn’t. According to the company, this slowdown will make it a higher priority and help current employees become more successful.
In other news, China has become the second largest Bitcoin mining place after the United States, even though the Chinese government has banned this activity since 2021.
According to the Cambridge Center for Alternative Finance, between September and January 2021, the United States saw 37.84% of the global hash rate, a measure of the computing power used to extract currencies.
China is seeing more activity in its “secret mining business” and, despite the ban, is now again the “major mining hub”.
In other news, Paul Willem van Garwen, Head of Capital Markets Infrastructure and Transparency at the Dutch Financial Markets Authority, said at the Amsterdam Auto Account Managers’ Meeting that the popularity of crypto was “our attention”. I’m collecting. “
He said there are likely risks to take into account, such as lack of transparency, manipulation and other criminal activity. However, there are also opportunities such as developing integrated tapes for the European market.
However, he recommended that crypto derivatives are sold only wholesale and not in the retail market.He also said that crypto tools are “not yet suitable as a payment method”.
And / or investment. “
Bitcoin, meanwhile, was protracted on Tuesday for about $ 30,000. Bloomberg writes in a tentative trading round after much of the market collapsed.
Bitcoin, the world’s largest cryptocurrency, rose 2.7% on Tuesday to trade at $ 30,139.