Crypto
VerifiedX launches Butterfly cryptocurrency payment app
Bitcoin-based layer 1 blockchain VerifiedX has launched Butterfly, an app that supports cryptocurrency payments, Coindesk reported on Jan. 20. Coindesk said the app removes complexity around existing crypto wallets while helping users avoid high exchange fees. VerifiedX developed Butterfly with Crypto.com, Moonpay and Blockdaemon. Users can send transfers for 1 cent and can cancel payments sent to the wrong address with a reversal feature.
