Search Results for: cryptocurrency
Goldman’s Tough Love for Apple; Eye on Cryptocurrency; AppTech To Acquire Alliance Partners
Criminals Favor Cryptocurrency And Digital Skimming for Fraud Tactics, a Visa Report Says
Cybercriminals showed no signs of slowing down in 2022 as they employed a variety of schemes to defraud consumers, acquirers, card issuers, and merchants, according to Visa Inc.’s Spring 2023 Biannual Threats Report. Cryptocurrency was a prime target for cybercriminals. More than $3 billion in cryptocurrency was stolen through November …
Read More »‘Pig Butchering’ Is the Latest Scam to Defraud Consumers of Cryptocurrency
As if cryptocurrency didn’t have enough problems with the financial failure of the major FTX exchange, plummeting values, and, most recently, links to two of the biggest bank failures in U.S. history, now criminals are running scams built around crypto trading to defraud consumers. The scams, known as “pig butchering,” …
Read More »Dissatisfied Consumers; Shopify’s Cryptocurrency Move; Shoplazza Integrates With Payoneer
Security Notes: The Lure of Self-Referential Money In a Cryptocurrency Age
In retrospect, Bitcoin had to be expected. Secular humanism challenges God-centered culture, and quantum physics redefines reality to what we humans measure—nothing more. So money that is hinged on nothing external to itself is a natural followup. But if this self-anchored philosophy is wrong-footed, then as it rises to dominate …
Read More »PayFacto’s iShop Acquisition Role; Eye on Cryptocurrency; VeriCheck Acquires Applied Payments
PayPal Expands Its Cryptocurrency Strategy Outside the U.S. With a Thrust Into the U.K.
As part of its strategy to be a leader in digital currencies, PayPal Holdings Inc. on Monday announced it will enable users in the United Kingdom to buy, hold, and sell cryptocurrency through their PayPal wallets. The move marks the first expansion of PayPal support for cryptocurrency outside the United …
Read More »Mastercard Outlines a Pilot for Direct Acceptance of Cryptocurrency Via Stablecoins
Card-based cryptocurrency transactions at the point of sale require conversion of the crypto assets to fiat currency for acceptance by the card networks. Now, the two top card networks are starting to change that. Mastercard Inc. early Tuesday said it will work with a pair of issuing banks and several …
Read More »ZoidPay Enters the Race to Bring Cryptocurrency Into the Mainstream of Payments
For all the publicity cryptocurrencies generate, consumers and merchants are still left wondering when the digital money can be used as a medium of exchange rather than simply be seen as an investment asset. The latest effort to answer that question comes from a 3-year-old, Romania-based company called ZoidPay, which …
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