Category: Altcoins News

Aliant Payment Systems will start accepting Litecoin

US-based provider of merchant solutions Aliant has announced that it will add Litecoin functionality. The payment provider already offers Bitcoin and Ethereum payments to its clients. A retail terminal called Poynt is also in the works. As cryptocurrency gains popularity, effective retail solutions will increase usability and make purchases of everyday goods for BTC, ETH, and LTC a reality. Litecoin as payment for goods and services CEO Eric Brown explained that the decision to add Litecoin was due to the cryptocurrency’s increasing usefulness as an everyday payment method. Brown also believes that Litecoin is popular and has gained the trust...

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Hackers stole $20,000 of crypto coins through a T-Mobile account, lawsuit alleges

Carlos Tapang of the US state of Washington has filed a lawsuit against T-Mobile. A lack of security allegedly allowed cybercriminals to hijack his mobile account and steal thousands of dollars worth of cryptocurrency tokens. Once the hackers had gained control of his mobile account, hackers changed the password on one of Tapang’s accounts and stole 19.6 BitConnect coins and one thousand OmiseGo tokens.  Allowed wrongdoers access Carlos Tapang accuses T-Mobile of “improperly allowing wrongdoers to access” his wireless account on November 7th, 2017, according to Verge. Once the hackers had access, They then canceled Tapang’s number and transferred...

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Will China adopt Ripple?

China is infamous for its unfriendly stance towards cryptocurrencies, and especially ICOs. The unstoppable wave of regulations in the country has caused and continue to cause serious effects in the crypto market. Last year, the country shook the market by banning ICOs and cryptocurrency exchanges. This year, the regulations continued as the government also banned access to foreign exchanges. Now, amid these attempts to control the market and the industry in the country, rumors of the People’s Bank of China adopting of Ripple are coming to light. Blockchain Ambassadors Last year, representatives from the PBoC visited Coinbase and Ripple as a...

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Bitcoin price dips painful, but it’s been worse before

February has been a cruel month for crypto investors. Coinmarketcap shows significant declines across the board. Virtually no crypto was spared. Today, Bitcoin is at the lowest price since the 13th of November 2017 – $6,079. Since reaching an all-time high of $20,000 USD less than two months ago the cryptocurrency has lost nearly 70% of its value. However, these dips are not new for Bitcoin. So-called virtual gold not only abounds in drastic increases but also in spectacular drops. One of the biggest price reductions took place in April 2013, when Bitcoin lost more than 80% in just three...

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Santander to launch Ripple-based blockchain app

One of the world’s largest banks, Santander Group, will launch a mobile app this quarter based on Ripple’s blockchain in Poland, the UK, Spain, and Brazil. According to the bank, the app will enable speedy global payments. Distributed ledger technology Late last year, during an annual earnings meeting,  Santander Group introduced the software which they say should send payments in exactly “3 clicks and 40 seconds.” referring to its ease of use. Program features include a digital wallet and a personal finance manager. During its eighteen-month testing period, the program successfully handled transactions with Apple Pay. It allows users...

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