AT&T Partners With BitPay To Accept Online Bill Payments in Cryptocurrencies

U.S. telecom giant AT&T teamed up with cryptocurrency payment processor BitPay to accept online bill payments in cryptocurrencies such as Bitcoin. AT&T customers can now use the BitPay platform to pay their online bills with cryptocurrencies held in their crypto-wallets. While BitPay still remains focused on Bitcoin (BTC) for executing payment transactions, it added settlement support few months ago for Bitcoin Cash (BCH) as well as stablecoins USD Coin (USDC) from Circle, Gemini dollar (GUSD) from Gemini and Paxos Standard (PAX) from Paxos. Paying in cryptocurrencies is seen as the…

Japan Struggles to Regulate Online Gambling

Despite Japan’s reputation for being one of the most welcoming nations for fintech, online crypto gambling has struggled to take off in light of the country’s strict regulation. In late March, the blockchain-based, decentralized application (DApp) platform Tron announced that it would block gambling DApps in Japan, bringing the issue of regulating crypto gambling back to public attention. Cointelegraph takes a look at the legal and cultural approaches to gambling in Japan, along with how developers believe attempts to halt crypto gambling can only last so long. Tron complies with…

KaratGold Coin’s (KBC) Blockchain-Based Smartphone and Software for Online Vendors Changes the Concept of Crypto Payments

Tokens and coins whose value is not backed by anything other than marketing, no longer work. Therefore we are able to witness the advent of several asset-backed tokens, that combine historically successful assets with the blockchain technology. Precious metals – especially gold due to its qualities and stable demand – are ideal for securing digital assets attached to them. Despite this, until now few have managed to move from theory to practice and release a really working coin underpinned by gold. The situation has changed dramatically for the better with…

Facebook Stablecoin Aims to Conquer Online Payments Market, Reports Suggest

Facebook’s potential expansion into crypto has been widely discussed in the past few months. Although the social media giant has not confirmed anything beyond having a blockchain department, new details about its digital token project continue to surface. Most recently, the Wall Street Journal (WSJ) reported that Facebook is talking to major payment networks Visa and MasterCard to raise a $1 billion for its crypto project, which reportedly entails a stablecoin along with a crypto-powered online payments system. Brief history of Facebook’s secretive crypto project Facebook has been rumored to…

Beware the Fake Bitfinex White Papers Appearing Online

As speculation and impatience arises over the upcoming Bitfinex token sale, opportunistic fakers are creating bogus white papers that purport to describe the details of the upcoming sale. Why? To scam potential buyers out of their cash. “The white paper you all are seeing now is a fake one,” said Dong Zhao, a Bitfinex shareholder. “The authentic white paper is not yet released. The name of the token is called LEO, not BFX. The offering accepts USDT, not BTC or ETH. The total amount to be raised is still 1…

‘The Cutest Crypto Game’ to Support Online Education for Kids

A decentralized crypto collectible game Blockchain Cuties Universe has put its unique digital pet named DartaNyan up for auction, which was specially created for it. The team says that all the raised funds will be spent on an education online platform, where kids and teens can start their own project. Online education for youth as priority The sale of a Blockchain Cuties’ character named DartaNyan will be hosted by Auctionity, the blockchain auction house for crypto collectibles, such as gaming items and nonfungible tokens (NFTs). The digital pet will be…

Children’s privacy – new standards for online services will help protect children

15 April 2019 Today we’re setting out the standards expected of those responsible for designing, developing or providing online services likely to be accessed by children, when they process their personal data. Parents worry about a lot of things. Are their children eating too much sugar, getting enough exercise or doing well at school. Are they happy? In this digital age, they also worry about whether their children are protected online. You can log on to any news story, any day to see just how children are being affected by…

ICO response to government’s Online Harms White Paper

Information Commissioner, Elizabeth Denham said:   “I think the white paper proposals reflect people’s growing mistrust of social media and online services. People want to use these services, they appreciate the value of them, but they’re increasingly questioning how much control they have of what they see, and how their information is used. That relationship needs repairing, and regulation can help that. If we get this right, we can protect people online while embracing the opportunities of digital innovation.   “While this important debate unfolds, we will continue to take…

Largest Swiss Online Retailer Digitec Galaxus Now Accepts Cryptocurrencies

Leading Swiss online retailer Digitec Galaxus has announced that it will now accept cryptocurrencies, according to a press release published on March 19. Per the announcement, the shop is now accepting Bitcoin (BTC), Bitcoin Cash (BCH), Bitcoin SV (BSV), Ethereum (ETH), Ripple (XRP), Binance Coin (BNB), Litecoin (LTC), Tron (TRX), NEO (NEO) and OmiseGO (OMG) for purchases worth over CHF 200 (about $200). The release further claims that the shop hosts around 2.7 million products, ranging from wheat beer to gaming PCs. The new payment method was reportedly jointly developed…

Major Online Swiss Bank Integrates Bitcoin Custody, Boost in Institutionalization

Buckle up, the institutionalization of bitcoin and crypto, in general, has begun. Swissquote, a $618 million worth online banking group, announced Friday that it is partnering with Zug-based Crypto Storage to enable cryptocurrency custodial services on its platform. The Gland-based said that institutional investors on its platform would be able to transfer cryptocurrencies from their external wallets to a Swissquote account and vice versa. New swiss bank @Swissquote launching their #crypto custody. Which one will be the next ? Take a chance pic.twitter.com/tDdvKaZvx8 — Stéphane Lüthi (@luethistephane) March 8, 2019 The…