PumaPay’s cryptobilling solution gains PCI compliance

Limassol, Cyprus, July 2019 – PumaPay, the innovative blockchain-based payment system, announces its cryptobilling solution, PullPayment Protocol, has secured PCI (payment card industry) compliance. PCI is an industry standard that everyone who issues a credit or debit card must meet. PumaPay’s compliance puts PullPayment Protocol in league with traditional card issuers, marking a milestone in the integration of cryptopayments into mainstream consumer habits.    Looking back at the Target data breach in 2013, the WhatsApp security breach this past May, and everything in between, it’s clear that there’s no overstating…

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Why security tokens shine brighter in the crypto space?

There is a buzz that security tokens stand out in crypto space and they are more preferred over ICOs, let’s understand the nitty-gritty of the same. As it is, by now, popular that blockchain technology has introduced a new monetary exchange in the form of cryptocurrencies.       However, many business owners are unsure about these cryptocurrencies as how these currencies are going to affect their various operations and revenues. These cryptocurrencies can have many dual impacts either positive or negative. However, the real cause will be determined by…

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Phone House Partners With UTRUST To Accept Cryptocurrency Payments

Purchasing consumer electronics online with digital currencies made safe and convenient   Zug, Switzerland – 25 July, 2019 – Phone House, one of Europe’s largest electronics retailers and telecommunications providers, has partnered with UTRUST, the leading cryptocurrency payment solution. From  August 14th, Phone House customers in Portugal will be able to purchase electronics online at phonehouse.pt using cryptocurrencies via secure and protected payments.    The consumer electronics sector has a significant presence in Europe, receiving close to €56million in revenue in 2018 and projected to show an annual growth rate…

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BiboxEurope officially opens with launch of BTC/EUR and ETH/EUR trading pairs

The VQF-backed digital asset exchange will operate an OTC trading desk in Europe   Zurich, Switzerland – 23 July, 2019 – Bibox, the AI-enhanced, encrypted digital asset exchange, has officially launched in Europe with fiat-to-cryptocurrency trading of the Euro (EUR) with Bitcoin and Ethereum. A greater number of currency pairs are planned to be incorporated onto the exchange in the future.    The trading platform has also partnered with leading OTC trading desks in Europe, Asia and the US to open a high capacity desk supporting rapid order execution and…

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Cudo Miner and Beam collaborate to bring Beam to Cudo’s leading crypto mining platform

London – Cudo Miner, the crypto mining platform, today announced a new collaboration with Beam, a scalable, confidential blockchain and cryptocurrency based on the Mimblewimble protocol. This collaboration will allow miners using Cudo’s software to directly mine and hold Beam Coin.   Beam is the latest cryptocurrency to be added to Cudo Miner. It was added after a vote by Cudo’s community utilising a user voting system to decide which cryptocurrency to add to the platform next. The addition reflects Beam’s growing reputation as a leading scalable and confidential privacy…

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IOST Allows Entrepreneurs to Fundraise in Crypto on Russia’s Largest Crowdfunding Platform

IOST x Boomstarter | Growing $IOST Adoption As A Global Fundraising Currency with IOS Foundation   The IOST Foundation is excited to share that we have completed integration with Boomstarter and will be used as a fundraising currency on one of the largest crowdfunding platform in Eastern Europe.   Founded in 2012, Boomstarter has successfully: supported over 2,000 projects, and raised over USD 7 million for creators, makers and developers from close to 200,000 backers in Eastern Europe. Boomstarter has a huge user base of 800,000 registered users and is…

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Industry leaders react to IMF Report: The Rise of Digital Money

On Monday, 15 July, the IMF published a new report ‘The Rise of Digital Money’ outlining the potential effects cryptocurrencies will have on the current financial system and regulatory environment.    The report states that the two most common forms of money today, cash and deposits, will face tough competition and could even be surpassed. The IMF also said policymakers should be prepared for disruption from big tech companies and fintech start-ups.    Expert leaders in the blockchain and cryptocurrency space comment:-   Nick Cowan, CEO of the Gibraltar Stock…

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Facebook’s Libra digital coin aims to massively increase crypto adoption

Facebook-led Libra Association has finally announced details of the Libra project. Our key impression is that Libra will act as a major catalyst for the crypto sector helping massive adoption of digital payments and cross-border remittance tools.   The digital currency presented by Facebook will be nothing close to a truly decentralized solution, let alone community-run one. It will be heavily centralized and will employ corporation-type management style. From what we read, Facebook intends to create something largely based on the US dollar.   Despite the fact that they are…

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BREAKING NEWS – $32 Million Crypto Hack at Japanese Exchange

Bloomberg reported that Japanese cryptocurrency exchange Bitpoint suspended all services after losing about 3.5 billion yen ($32 million) in a hack that involved Ripple and other cryptocurrencies.     The exchange, which is owned by Remixpoint Inc, reported that about 2.5 billion yen of stolen funds belonged to customers, while Bitpoint owned the rest.    The exchange parent company, Remixpoint shares plunged 19% to their daily lower limit, and were untraded in Tokyo as of 1:44 p.m. on a glut of sell orders.   The funds were stolen from a…

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Edge Integrates Applications for New Methods to Purchase Cryptocurrencies

Crypto wallet partners with MoonPay and LibertyX for increased accessibility    San Diego, CA –  Edge, the non-custodial exchange and wallet platform, has announced the integration of two new plugins that allow users to seamlessly exchange fiat for cryptocurrency. MoonPay allows users in the EU to purchase cryptocurrencies with their credit cards or Apple Pay, while LibertyX operates the largest network of local stores in the US for physical purchase of bitcoin.   Paul Puey CEO and Founder of Edge said: Edge is focused on enhancing user experience and ultimately…

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