Black Hat hackers are actively exploiting the cryptocurrency industry and its vulnerabilities. In the second quarter of 2022, the total loss of crypto projects due to hacks and fraud amounted to $670,698,280.
Online casinos accept a variety of payment methods, but one such method has become controversial in recent years. Credit cards have affected the gambling community so negatively that the UK resorted to banning them.
Several credit card firms have started forbidding Bitcoin and cryptocurrency purchases with various decent reasons. This very week, Apple Inc. in collaboration with two American multinationals financial services firms Mastercard Incorporated and Goldman Sachs Group, officially rolled out a new card providing customers 3% cash-back (discount) on products and services bought directly from Apple, and 2% discount on any products bought using Apple Pay – Apple’s electronic wallet service - and 1% on other related transactions.
The United States based giant cryptocurrency exchange platform, Coinbase, has rolled out its Credit Card in Italy, a Visa card which a customer can use to pay in stores by drawing on his or her online digital currency portfolio.
The U.S. technology giant, in partnership with MasterCard and Goldman Sachs, has announced its new product known as Apple Card, which is largely a digital credit card and will be ready to start working in summer of this year. The card is created for convenience and to help the company’s customers gradually appreciate the concept of crypto currency and other financial payment forms.
EO.Finance has launched a crypto-fiat gateway. Now it is possible to buy cryptocurrencies directly from the wallet using your debit or credit card, the maximum amount per single transaction is $25,000. Right now EO.Finance works with 40 different cryptos, and soon even more currencies will become available for purchase.