financial

Samsung Pay PayPal support starts rolling out in US

Samsung Pay PayPal support starts rolling out in US

Last year, Samsung announced that it had struck a partnership with PayPal, one that would bring the latter service to its mobile payment platform. Samsung Pay users in the US have waited over the months since for the support to actually arrive, and that day has finally come. Many Samsung Pay users in the US are seeing PayPal listed as a supported option.

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Reddit drops Bitcoin payment option for Gold

Reddit drops Bitcoin payment option for Gold

As bitcoin popularity grew, so did the number of companies accepting it as a payment method. Dell was one of the early big companies to accept it; Microsoft, too, let customers pay for subscriptions using the digital currency. Reddit adopted bitcoin as a payment option for Gold way back in 2013, but quietly changed that in recent days, blaming Coinbase and bugs for its decision.

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Forget coins, Church of England now accepts Apple Pay and Google Pay

Forget coins, Church of England now accepts Apple Pay and Google Pay

The Church of England just got a big tech upgrade. To make donation easier (or perhaps just to target youth who don't carry physical money), the religious entity has launched support for Apple Pay and Google Pay, enabling parishioners to make payments or donate using their smartphone. The official launch follows a small trial that took place in summer 2017, one that apparently was a success.

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Orbitz data breach exposes 880,000 customer credit cards

Orbitz data breach exposes 880,000 customer credit cards

Travel company Orbitz has revealed a huge security breach that exposed about 880,000 customer credit cards. According to the company, the breach -- which was discovered on March 1 -- could have spanned from October 1, 2017, until December 22, 2017, during which time the hacker may have had access to certain data. The data itself was submitted between January 1, 2016, and June 22, 2016, on the Orbitz platform, as well as between January 1, 2016, through December 22, 2017, through select business partners.

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Venezuela Petro cryptocurrency use blocked by White House

Venezuela Petro cryptocurrency use blocked by White House

The White House has officially banned the use of Venezuela's state cryptocurrency "Petro." An executive order on the matter was signed by Trump today, and in it the White House dictates that all US persons, including permanent residents and entities, are prohibited from buying or otherwise dealing in the cryptocurrency. The move follows Venezuela's recent launch of the digital currency, an action that violates recent US sanctions.

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Bitcoin mining banned in NY’s Plattsburgh over electricity usage

Bitcoin mining banned in NY’s Plattsburgh over electricity usage

Mining bitcoin and other cryptocurrency requires a huge amount of electricity, and that's a problem for modern day prospectors in search of a fortune. Mining operations have popped up in New York's Plattsburgh, a small city with incredibly cheap electricity rates due to its proximity to a hydroelectric dam. Mining operations have gravitated to the city to take advantage of its cheap rates, but that has proven to be a big problem for the small city.

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Twitter cracks down on obnoxious cryptocurrency scam accounts

Twitter cracks down on obnoxious cryptocurrency scam accounts

Cryptocurrency enjoys massive popularity at the moment, and with that popularity comes many, many scammers. Facebook has already taken the drastic step of banning all crypto-related advertisements to tackle the issue, and now Twitter is cracking down on its own scammer problem. The company has said that it is actively putting measures in place to take care of the problem, but will it be enough?

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Dropbox to go public with $500M IPO filing

Dropbox to go public with $500M IPO filing

Nearly everyone is familiar with the name Dropbox, one of the biggest file syncing and cloud storage services, and now the company is looking to take itself public. SEC documents have been unsealed this week, revealing that Dropbox has filed for an initial public offering to the tune of $500 million. This comes ten years after the company was founded, nine years after CEO Drew Houston turned down an offer from Steve Jobs, and a few years after it was valued at $10 billion.

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Venezuela’s Petro cryptocurrency is backed by oil and now available

Venezuela’s Petro cryptocurrency is backed by oil and now available

Venezuela is tackling its economic woes by launching its own cryptocurrency called "Petro." The country claims this is the first sovereign cryptocurrency, and it's backed by the nation's crude oil reserves. The digital money is available now; there are plans to sell 100 million Petros total with an initial value matching the price of a barrel of Venezuelan crude oil: $60.

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This bitcoin miner could end the GPU shortage

This bitcoin miner could end the GPU shortage

Cryptocurrency mining fever is behind GPU shortages and increased prices, leaving many PC gamers unhappy, but that reality could be changing soon. According to sources, Bitmain is planning to launch Ethereum ASIC Miner F3 with 72GB of DDR3 DRAM. The launch is expected to happen in the second quarter of this year, giving crypto-enthusiasts a new option for mining their favorite digital coins.

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Salon asks ad-blocking visitors to mine cryptocurrency

Salon asks ad-blocking visitors to mine cryptocurrency

The online publication Salon has turned toward cryptocurrency mining as a potential way to make up for lost advertisement revenue. Visitors who use adblock while on the Salon website are being asked to either disable the ad-blocking software, which would allow advertisements to run, or to authorize the website to mine cryptocurrency temporarily using the visitor's computer.

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Bitcoin buys banned by JPMorgan, Bank of America

Bitcoin buys banned by JPMorgan, Bank of America

The two biggest banks in the USA have banned cryptocurrency buys on credit cards immediately if not soon. Both JPMorgan Chase & Co. and Bank of America Corp. made moves today to stop credit card buys with known Bitcoin (and other cryptocurrency) sources. That's with "known" crypto exchanges, starting today - all banned from buys with credit cards from Bank of America and JPMorgan.

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