A Nigerian national has been sentenced to five years in federal prison for his role in a massive darknet fraud scheme that intended to cause over $6 million in losses, according to the U.S. Department of Justice (DOJ). Using various online aliases, Kaura led a global network selling stolen payment card data, using cryptocurrencies like […]
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Hardware wallet firm Tangem AG is collaborating with Visa to launch a self-custodial payment solution. This collaboration introduces a Visa payment card integrated with a hardware wallet, allowing Tangem users to make payments using their crypto or stablecoin balances at any Visa-accepting merchant across Europe. Unlike traditional custodial solutions, Tangem’s card embeds a private key […]
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It doesn’t happen all that often to see bitcoin gain positive recognition. For some reason, Spain’s Cyber Security Institute deems it safer than bank-based payments and transactions. The new infographic by Spain’s CSI paints an interesting picture. Bitcoin is a Solid Payment Method Most of the fraudulent financial activity occurs through traditional payment methods. This has been a well-known fact for several years, yet it remains largely ignored. This infographic shows how bitcoin is the most secure solution compared to traditional payment methods. Especially credit cards and bank transfers get very negative marks, which is only to be expected. Although
The post Infographic Shows why Bitcoin is Superior to Card Payments or Bank Transfers appeared first on The Merkle Hash.
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In the cryptocurrency world, finding a proper exchange is not as easy as one might think. Especially if that trading platform in question offers a fiat on-ramp, there is some reason to be mildly excited. In the case of Poloniex, however, the recent addition of a new fiat currency on-ramp might not necessarily get too many people excited right away. The new Poloniex Fiat On-ramp According to a recent Twitter message shared by the team, users of the Poloniex exchange can now buy crypto assets using USDC to and from their bank account. Additionally, there is now an option to
The post New Poloniex Fiat On-ramps Don’t Impress the Crypto Community Right Away appeared first on The Merkle Hash.
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