Cybersecurity firm Trend Micro has detected over 120 deceptive cryptocurrency mining apps online. Some of them were found in the Google Play Store, which the internet giant promptly removed. However, there are still “numerous concerning applications of the same type” in the store, and “Some of these apps have even been downloaded more than 100,000… Continue reading Google Removes 8 Deceptive Cryptocurrency Mining Apps From Play Store
Paypal Cryptocurrency Services Launches in the UK
Paypal, the payments processor giant, informed it would be launching its cryptocurrency services in the U.K this week. The cryptocurrency service, which was launched in the U.S. in October 2020, will allow U.K. citizens to purchase cryptocurrencies and hold them in their Paypal accounts. This will be Paypal’s first foray into offering cryptocurrency services outside… Continue reading Paypal Cryptocurrency Services Launches in the UK
Paypal Says Its U.S. Account Holders Can Now Buy and Sell Bitcoin
Paypal says its customers can now buy, sell and hold bitcoin and other virtual coins with the company’s online wallets. The company also says its customers will able to use cryptocurrencies to shop at the 26 million merchants on its network starting in early 2021. A report quotes the company’s President and Chief Executive Dan… Continue reading Paypal Says Its U.S. Account Holders Can Now Buy and Sell Bitcoin
Bitcoin Will Keep Rising as the US Mayor Says Fed Continues Printing More Dollars
The mayor of the U.S. city of Jackson, Tennessee, explains that the price of bitcoin will keep rising as the Fed continues to print money. He believes that bitcoin is “definitely the future monetary system.” Mayor Explains Bitcoin’s Price Will Keep Rising as the Fed Continues to Print Money Mayor Scott Conger of the U.S.… Continue reading Bitcoin Will Keep Rising as the US Mayor Says Fed Continues Printing More Dollars
Property Firm In South African Begins Accepting Rental Deposits in Crypto
A South African company specializing in affordable residential and student housing says it will accept rental deposits paid in cryptocurrency. The company, Quorum Holdings, says doing this will allow its tenants to potentially benefit from an increase in the value of their crypto rental deposit. Johannesburg Test Run According to a report, the testing phase… Continue reading Property Firm In South African Begins Accepting Rental Deposits in Crypto
India Plans to Unveil Central Bank Digital Currency
The deputy governor of India’s central bank, the Reserve Bank of India (RBI), says the bank should be able to come up with a central bank digital currency (CBDC) model by the end of this year. India May Unveil a CBDC Model by Year End The Reserve Bank of India (RBI) may unveil a model… Continue reading India Plans to Unveil Central Bank Digital Currency
Coinbase Enables Crypto Buys With Apple Pay
The Nasdaq-listed cryptocurrency exchange Coinbase has enabled crypto buys with Apple Pay, and instant cashouts of up to $100,000 per transaction. The company will also soon enable crypto buys with Google Pay. Buy Cryptocurrencies on Coinbase With Apple Pay Crypto exchange Coinbase announced Thursday that users can now buy bitcoin and other cryptocurrencies on its… Continue reading Coinbase Enables Crypto Buys With Apple Pay
Governments Need to Stop Dismissing Crypto as Illicit Payments
Mohamed El-Erian, an adviser to Allianz and Gramercy Funds Management, says that “The time has come for more western governments to stop dismissing the crypto revolution as some mix of illicit payments schemes and reckless financial speculation.” Western Governments Urged to Stop Ignoring Crypto Revolution Mohamed El-Erian, president of Queens College, Cambridge University, has urged… Continue reading Governments Need to Stop Dismissing Crypto as Illicit Payments
Wells Fargo Bank Starts Offering Crypto Investments to Customers
Wells Fargo Bank, is one of the largest wealth managers in the U.S., has reportedly started offering crypto investments to its wealth management clients. Wells Fargo Offers Crypto Exposure A spokesperson for American financial services company Wells Fargo reportedly confirmed to Business Insider Friday that the company has started offering cryptocurrency exposure to its wealth… Continue reading Wells Fargo Bank Starts Offering Crypto Investments to Customers
What is Perfect Money
Perfect Money is a leading financial service provider allowing its users to make instant payments and to make money transfers securely throughout the Internet opening unique opportunities to Internet users and owners of the Internet businesses. It was created as an electronic payment system for non-cash payments on the Internet. This network was established in… Continue reading What is Perfect Money