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PayPal users can now buy $100,000 worth of Bitcoin, Ethereum, Litecoin, and Bitcoin Cash weekly
Bitcoin

PayPal users can now buy $100,000 worth of Bitcoin, Ethereum,

admin July 16, 2021

21 remaining firms become official Libra members after Visa, Stripe, PayPal, and others pull out The head of Libra, Facebook’s controversial cryptocurrency initiative, has stated the project will continue to develop its planned “new global currency” despite having lost a quarter of its backers, including Stripe, Visa, PayPal, and Mastercard. 2 min read → Source […]Read More

‘BitScam’ and ‘CloudScam’ end up scamming 93,000 Bitcoin and Ethereum users
Bitcoin

‘BitScam’ and ‘CloudScam’ end up scamming 93,000 Bitcoin and Ethereum

admin July 8, 2021

Lookout, an integrated endpoint-to-cloud security company, today announced the discovery of major crypto mining scams using hundreds of Android apps, as per a release shared with CryptoSlate. What. How. And Where? Categorized into two distinct Android app families, BitScam and CloudScam, these apps were designed to target people interested in cryptocurrencies. In total, security researchers […]Read More

RBI governor “surprised” that Indian banks cited 2018 laws to block crypto users
Regulation

RBI governor “surprised” that Indian banks cited 2018 laws to

admin June 4, 2021

Reserve Bank of India (RBI) governor Shaktikanta Das said this week the central bank has ‘no change’ with regards to its approach towards the crypto sector, local outlet Business Standard reported today. Crypto surprise Das stated he was “surprised” with local banks citing a (void) circular from 2018 for denying services to crypto businesses and […]Read More

Reserve Bank of India slams banks after they stop services for crypto users
Regulation

Reserve Bank of India slams banks after they stop services

admin May 31, 2021

The Reserve Bank of India, the country’s central bank, released a new directive today after local banks ceased crypto services for users citing a directive from 2018, an official filing shows. “It has come to our attention through media reports that certain banks/ regulated entities have cautioned their customers against dealing in virtual currencies by […]Read More

Dutch Bitcoin exchange fends off Central Bank’s verification demands for crypto users
Bitcoin

Dutch Bitcoin exchange fends off Central Bank’s verification demands for

admin May 21, 2021

Netherlands-based crypto exchange Bitonic today announced that a recent court order has convinced the Dutch Central Bank (DNB) to withdraw its demands for “unlawful and onerous” user verification requirements such as mandatory wallet screenshots. “After reconsideration, DNB comes to the conclusion that this interpretation of Article 2, second paragraph, RtSw, given by DNB, does not […]Read More

Currency.com says 20% of users expect Bitcoin above $100k by 2022
Bitcoin

Currency.com says 20% of users expect Bitcoin above $100k by

admin April 12, 2021

A crypto-focused survey compiled by Currency.com revealed that the general sentiment on Bitcoin and other digital assets is primarily bullish. The firm is a UK-based platform that also offers a full spectrum of crypto and mainstream assets including tokenized stocks, indices, and commodities. Nearly two-thirds of respondents said they allocate 30 percent of their portfolio […]Read More

Apple Store scam sees users losing $1.6 million in Bitcoin
Bitcoin

Apple Store scam sees users losing $1.6 million in Bitcoin

admin March 31, 2021

Apple users have lost over $1.6 million worth of Bitcoin and other cryptocurrencies to hackers after falling victims to a sophisticated phishing attack involving a fake version of the popular Trezor wallet on the firm’s ‘App Store,’ reported the Washington Post on Tuesday. Losing Bitcoin to fake apps It was the quintessential right thing in […]Read More

Chipotle invites users to unlock $100,000 in Bitcoin
Bitcoin

Chipotle invites users to unlock $100,000 in Bitcoin

admin March 31, 2021

On April 1, the American chain of fast-food restaurants, Chipotle Mexican Grill will celebrate National Burrito Day by giving away $100,000 worth of Bitcoin, according to a press release published today. “National Burrito Day is a huge moment for Chipotle,” said Chris Brandt, Chipotle chief marketing officer, adding, “We’re always looking for unique ways to […]Read More

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