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Search Results for: cryptocurrency

Shift4 Puts Its Weight Behind Cryptocurrency as a Payment Option

Shift4 Payments Inc. early Monday gave cryptocurrency a big shot in the arm as a payment option with the announcement it will support digital currencies across its merchant network.   Shift4 will support coins including Bitcoin, Ethereum, and Solana SOL, as well as  US Dollar Coin and other major stablecoins, …

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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 …

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‘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,” …

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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 …

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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 …

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