Thursday, October 24, 2019 3:14:11 AM
Payment systems Visa, MasterCard, American Express and Discover joined their efforts to create a new option to pay for online purchases in “one click”. The joint project Click to Pay will make online checkout easier as all the payment details will be kept in one place. This eliminates the need to enter your credit card number each time.
The new payment service is expected to become the main competitor of Apple Pay and PayPal. A similar function (one-click purchase) is already working on Amazon, but the use is limited only by this online-retailer.
Ex-CFTC Chair: we deliberately collapsed bitcoin
Christopher Giancarlo, former chairman of the US Commodity Futures Trading Commission said that the Treasury and the SEC are responsible for bitcoin’s drop in price after reaching its historical minimum in December 2017.
According to him, the regulator intentionally approved the release of bitcoin futures on Chicago Mercantile Exchange to allow to open short positions.
"We saw a bubble building and we thought the best way to address it was to allow the market to interact with it."
Giancarlo said that the US Treasury and SEC decided to collapse the BTC price to prevent the bubble from reaching the dangerous size for the economy. In their time regulators overlooked the beginning of the 2008 financial crisis, that’s why in 2017 they took preventive steps.
Casa start-up solves the problem of passing on crypto assets
Custodial start-up Cassa offers a service of guaranteed passing on of crypto assets.
The gist of the offer is that the owner makes an agreement with Case in which he gives an additional key to his wallet.
Thanks to the fact that the optional key with multisignature is transferred to Casa, this eliminates the theft of bitcoins.
In case the owner of the cryptocurrency passes away, Casa fulfills the last will of the deceased.
Recent EOSUSD News
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- Whatever happened to the 10 biggest projects from the ICO era? • Cointelegraph • 08/24/2024 01:01:00 PM
- Circle CEO Jeremy Allaire Unveils ‘Extraordinary’ Long-Term Crypto Prediction – Here’s His Outlook • The Daily Hodl • 08/04/2024 02:30:28 PM
- Trump quashes reports on Jamie Dimon and Larry Fink as his Treasury Secretary • Cointelegraph • 07/23/2024 04:06:33 PM
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- Stablecoin Issuer Tether Discontinues Support for Algorand (ALGO) and EOS Implementations • The Daily Hodl • 06/24/2024 10:01:08 PM
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- Cryptocurrency Ownership Hits 6.8% Globally; Japanese Exchange Suffers $300 Million Theft, and More in Crypto • IH Market News • 05/31/2024 09:16:17 PM
- EOS Network unveils new token model with fixed supply of 2.1 billion tokens • Crypto Briefing • 05/31/2024 07:41:07 PM
- EOS Network approves new tokenomics, promises ‘new era’ • Cointelegraph • 05/31/2024 03:44:05 PM
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- Render Soars 50% In 1 Week: Whales Accumulating As Apple Jumps In • NEWSBTC • 05/09/2024 01:00:54 AM
- Elaborate Elon Musk deepfake crypto fraud uncovered in Hong Kong • Cointelegraph • 05/08/2024 11:47:21 AM
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- Healix Protocol’s HLX Token Presale Soars as Former Crypto Giants Return • ZyCrypto • 04/09/2024 02:39:13 PM
- History of Crypto: The ICO Boom and Ethereum's Evolution • Cointelegraph • 04/02/2024 04:05:00 PM
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