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Bitcoin, Litecoin Transactions Now Available on WhatsApp

The popular instant messaging platform now allows its users to transfer Bitcoin and Litecoin via a new bot, ahead of Facebook that also eyes WhatsApp audience for the use of its stablecoin

The area of crypto transactions is getting wider as the ‘crypto winter’ remains in the past. Now, more platforms offer to conduct crypto transactions for you – and they are not only exchanges or crypto wallets. Even though, some market players started targeting popular messaging platforms for introducing crypto payments, now another company is joining this club.

On Sunday, Zulu Republic tweeted that they had launched a special bot for WhatsApp users to send and receive such currencies as Bitcoin (BTC) and Litecoin (LTC) using a new Lite.Im bot.

Earning crypto on WhatsApp

To send or receive crypto through the new WhatsApp bot, you just need to install it and check on-screen prompts. The bot also enables users to earn some crypto by referring friends and ensuring they install it as well.

At the moment the bot has two language options – Spanish and English. Apart from BTC and ETH, it allows sending and receiving the native token of Zulu Republic – ZTX.

Crypto payments in other messaging apps

Crypto startups are doing their best to make crypto adoption deeper and with a wider coverage. Some companies are going even further and are introducing crypto transactions via regular SMS. This option is much easier to use for those who are not good with gadgets.

In February, it was reported that a crypto wallet Wuabit was also planning to start performing operations with crypto on WhatsApp, Viber, Telegram and SMS too.

Earlier this year, the Lite.Im bot was also launched for Facebook Messenger, Telegram and again – SMS.

Zulu Republic believes that messaging
platforms are crucial for spreading crypto adoption as wide as possible.

Mobile crypto transactions in such third-world regions as Africa and Asia are letting numerous unbanked people have access to the global financial system, online payments and providing them with bigger opportunities.

Competing with future Facebook’s crypto

It is now common knowledge that the social media heavyweight Facebook is busy developing its own stablecoin. A special blockchain division and a recently founded startup in Switzerland are doing the job.

In the light of this, all bots and wallets that offer crypto transactions on platforms that belong to Facebook (Messenger, WhatsApp, Instagram) may be viewed as rivals to Mark Zuckerberg’s company and get relevant measures applied against them.

Photo by Rachit Tank on Unsplash

The post Bitcoin, Litecoin Transactions Now Available on WhatsApp appeared first on Ethereum World News.

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eBay to Start Accepting Crypto? Community Stirred by Unconfirmed Twitter Rumours

Photos have leaked from preparations for the coming Consensus 2019 conference that eBay, one of the sponsors, might hint that the company plans to start accepting crypto soon and it will not be Bitcoin

eBay is one of the sponsors of the upcoming Consensus conference that is to take place in New York on May 15. Along with eBay, the event will be sponsored by such companies as ConsenSys, Ledger, Tron, Microsoft, BitGo and others.

eBay is rumoured to start
taking crypto payments soon

These advert photos, which have leaked into the web, have sparked a massive speculation on Twitter. Users are curious whether the world-famous e-commerce platform is headed towards crypto payments in the near future.

Should this be true, eBay, which is one of the largest market places on the planet with 180 mln regular users, will give cryptocurrency a major push towards global adoption.

The rumours have it that the crypto eBay is allegedly eying is Binance Coin (BNB).

Some in the crypto community are pointing out to the fact that a former executive of PayPal and eBay, Sanja Kon, already works for the UTRUST crypto payments service and is in charge of Global Partnerships. Quite possibly that Kon would try to get eBay as a strategic partner.

Just recently, Kon worked as Head of Marketplaces and Large Enterprise Partnerships at PayPal and before that she had spent five years working for eBay.

eBay has been eying BTC for a while, PayPal declines it

Two years ago, the Senior VP for eBay, Scott Cutler, shared with Yahoo Finance that the e-commerce giant is mulling starting to accept Bitcoin for its goods.

Last week, the CFO of PayPal publicly said that it is too early for PayPal to start using BTC transactions due to the high volatility of the market. Besides, he added that the top management team is more excited by blockchain itself rather than Bitcoin.

‘Virtual Currencies’ already exists on eBay

The pictures featured in the tweets above could be about a totally different thing, though. “Virtual Currency. It’s happening on eBay” – this could refer to the category titled ‘Virtual Currency’ that allows platform users to trade crypto against fiat anonymously. If that is the case, then the community is jumping to conclusions way too fast.

The post eBay to Start Accepting Crypto? Community Stirred by Unconfirmed Twitter Rumours appeared first on Ethereum World News.

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No cryptocurrency payments in the Baltics for Samsung

Misreporting has become rife in the nascent crypto news industry and partnerships are usually big headline makers. When they are proved to be fake, the story often has a similar impact.

Last week rumours circulated that electronics giant Samsung would be partnering with an obscure Lithuanian crypto company to offer digital currency payments in three countries in the region. Samsung customers in the three Baltic states of Estonia, Latvia, and Lithuania were said to be the recipients of a new crypto payment deal between blockchain startup CopPay and Samsung.

According to reports it appears that this collaboration between the two companies never actually happened. A Samsung spokesperson told ‘Hard Fork’ “Our official response is that the rumor is not true”. The alleged partnership titled ‘Samsung stores accept cryptocurrencies via CopPay’ was originally posted on CopPay’s Medium page but has since been removed. It went on to state; “Customers in Tallinn, Riga, Vilnius and Kaunas can buy Samsung smartphones, tablets, laptops, TV-sets, and more with digital money.” before prompting readers to sign up for CopPay’s services.

The obscure crypto platform had claimed to have setup merchant trading deals enabling payment gateways in 31 physical Samsung stores across the Baltic region. It went on to promise support for Bitcoin, Ethereum, Litecoin, Ripple, Dash, Nem, and Steem payments for Samsung products.

Following the news of the fake news, CopPay CEO Ina Samovich contacted ‘Hard Fork’ insisting that the partnership was in fact genuine;

“The official reseller has signed agreement with our company and several transactions occurred during last two weeks. So we can prove that the crypto payment method was used and was powered by CopPay. We were not aware that reseller did not inform HQ about our cooperation.”

Since then CopPay has made an official statement on its own Medium page, part of which claimed that it provided solutions to resellers of Samsung products in the Baltics. Additionally payment gateways were activated in Samsung stores, staff trained, and a few crypto transactions processed. Resellers suspended the payments systems after Samsung officially announced that it had no plans for crypto payments.

The statement added;

“We’ve never claimed that we enter into partnership with Samsung HQ. We announced about the possibility to buy Samsung products with cryptocurrencies in its Baltic stores.”

So there goes another fake partnership added to the list which already includes carVertical’s BMW collaboration claims in March, and Iota getting a big pump from a false claim that it had Microsoft on board back in November.