BitPay wallet application that provides Bitcoin and Bitcoin Cash payment processing services to traders has been removed from the Google Play Market without any warnings from developers.
Representatives of BitPay did not provide updates and did not announce about any technical work, so this decision was quite unexpected for the company.
Also, users of Reddit report that the application of a company providing Bitcoin and Bitcoin Cash purchase/sale services – Bitcoin.com – has disappeared from Google Play.
It is quite a strange situation, because both applications had an average rating of 4.5 stars, which indicates a fairly high degree of confidence in customer service. Although, as for Bitcoin.com, there have been numerous cases recently when users were asked to give negative rating to this application and write a corresponding comment.
The CEO of Bitcoin.com, Roger Ver accused the new Google Play policies of the incident.
“Google told us that it was because they no longer allow cryptocurrency mining apps,” wrote Ver. “I have no idea how they came under the impression that our wallet is a mining app.”
Google has introduced the application Lookout, which will be useful for people with poor eyesight. This application “sees” surrounding objects and names them with the help of a smartphone camera. At the moment, only residents of the USA can use this application.
Lookout is a fairly universal assistant, as it can recognize various objects: traffic signs, bar codes, text, money, etc.
Lookout can work in three different modes:
In the “quick read” mode, the program doesn’t know how to recognize objects, but only text, which is written on them. In the “explore” mode, the application recognizes those objects that fall into the camera lens of a smartphone. The new product from Google is able to voice what it sees, count the distance to objects, as well as make various sound signals. The “shopping” mode activates the ability to recognize price tags, barcodes, and QR codes.
The user has the ability to set the sensitivity of the application himself. For the convenience in using, developers advise to put the phone in a breast pocket or hang it around the neck, the camera forward. For the correct work of the application, the camera of the phone must be directed to the objects that need to be recognized. Interface management is implemented through gestures on the fingerprint scanner.
It is worth noting that the developers stated that their creation is not 100% working yet and asked the users to report about any errors that occurred.
According to a SEC filing, U.S.-based Bitcoin mining company Riot Blockchain plans to launch a crypto exchange by the end of July 2019.
Exchange Details and Current Situation
Riot Blockchain has partnered with SynapseFI, a major software company, and invested approx. $250,000 in the project. It has also form a special subsidiary to operate the exchange. The budget of the exchange is expected to be more than $2 million after its launch.
The software company will take care of banking services of the exchange, the provided API will connect Riot Blockchain’s accounts to other American banking institutions. Moreover, SynapseFI will track locations and identities of customers to “prevent fraud and improper use of its RiotX exchange.”
The SEC’s filing reads:
“SynapseFi’s API will enable to Company to know where the user is when accessing RiotX, thereby enabling the Company to prevent a user from Montana, a state where the exchange of digital currencies is permitted, from traveling to neighboring Wyoming, where the exchange of digital currencies is not permitted, and using RiotX in the prohibited jurisdiction.”
The exchange will be available in 48 states (without Hawaii and Wyoming) by December 2019. RiotX has already been provided a license in five states.
Rumours of Launching Before Official Statement
Back in March 2018, there were rumours based on facts that Riot Blockchain planned to launch crypto exchange since the company acquired Logical Brokerage Corp.. The public filing published at the same time stated that the company wanted to investigate futures brokerage operations and details of launching a digital currency exchange.
In November 2018, RiotX “entered into a Master Services Agreement with Shift Markets, Ltd. to provide RiotX with its crypto exchange platform. These services will enable RiotX to further execute its plans to launch a U.S. focused cryptocurrency exchange.”
The whole world is in terror after a horrible act of violence which took place a few days ago in New Zealand. If you haven’t heard already, here is a recap of what happened on that terrible day.
A 28-year-old Australian man named Brenton Tarrant committed a massacre in two mosques in the town Christchurch located in New Zealand. The terrorist killed 49 and wounded 42 people. While doing so, he was streaming the whole process on the social network Facebook.
Before the attack, Tarrant posted a manifesto, which was 74 pages long. In the document, the terrorist proclaimed himself an “ethno-nationalist eco-fascist.” He expressed inexplicable hate towards people of different religions, for example, Muslims and Jews, and towards immigrants who came to Australia and New Zealand.
The failure of social networks
During and after the act of terror, it became clear that social networks are unable to control such content. The 17-minute-long was first uploaded to Facebook, then re-uploaded to YouTube.
No matter how hard the developer teams tried to delete the horrific video from their platforms, they failed to do so. Whenever one copy of the video was deleted, three more popped up somewhere else.
Google (that owns YouTube) and Facebook have been applying smart technologies in order to track down and eliminate all the content related to the Christchurch massacre, however, the video can still be found in the web.
“Shocking, violent and graphic content has no place on our platforms, and we are employing our technology and human resources to quickly review and remove any and all such violative content on YouTube,” claimed the representative of the platform.
The public response
People have divided into two camps. The first ones believe that such horrific content should be eliminated from the Internet. They make statements that the authorities and social media management should restrict hate speeches, manifestos of fascist nature and violent videos.
The other camp stands for freedom of speech. They also claim that the blocking of terrorist accounts on social media may make it more difficult to track them down and prevents shootings, bombings etc. For instance, the Internet correspondence of two Florida students helped to prevent another school bombing just a few days ago.
Despite many arguments, mostly everybody agrees that such terrible and unspeakably cruel acts of violence, deprived of a single hint of humanity, should never be displayed like they were during the New Zealand massacre.
Facebook and other platforms are still working hard to find and delete all the videos of the act of terror and block the corresponding accounts.
Winklevoss twins are one of the most influential crypto personalities in the modern world. They are multi-millionaires with their own exchange – Gemini – and own dollar-pegged Gemini coin. It is no secret that the brothers have supported crypto since the beginning of it, but now they promote crypto regulation which confronts with the idea of crypto as well as with their billboard slogans. What happened?
Crypto Needs Or Doesn’t Need Rules
The twins are known for deconstructing the stereotypes and the myths that surround crypto in the public. They want to change the image of crypto that has been plagued with scams, hacks, frauds. However, their billboard slogan “Crypto Needs Rules” was criticized by Bitcoin users as the main meaning of crypto is to transfer money or digital assets without having to trust anyone.
Cameron Winklevoss said that some people wondered why Gemini believes that the crypto revolution needs rules. He responded:
“Crypto doesn’t need rules, but the companies built on top of it do.”
Cameron also cited a part of report regarding to the defunct QuadrigaCX exchange which lost millions of dollars.
Some have wondered why @Gemini believes the Revolution Needs Rules. Answer: Crypto doesn't need rules, but the companies built on top of it do. See excerpt from court-appointed monitor's (Ernst & Young) third report filed in Nova Scotia Supreme Court re: QuadrigaCX matter pic.twitter.com/Dvw8Am5H9M
In order to prevent cases like QuadrigaCX and Mt.Gox, the latter’s CEO was sentenced to 2 years and six months in prison, the companies that provide custodial services of customers assets should be regulated. Furthermore, Winklevoss pointed out that these cases as well as other incidents could have been preventable if there was a proper management of the company, in particular, “proper rules and thoughtful regulation”.
Every incident in crypto to date has been/would have been PREVENTABLE w/ proper rules and thoughtful regulation.
Cryptocurrency is one of the most promising and growing industries in our modern world. It is becoming more and more valuable to our society, as well as to the nations’ economies and banking systems, since people prefer more convenient ways of trading and transferring money. We therefore offer you to look at top 5 apps that the most convenient in using and working with crypto.
Keymano is a top wallet that provides a customer with a myriad of opportunities. It’s very convenient, fast and secure. Managing crypto or fiat money through Keymano wallet is easy. Using Keymano wallet anyone can sell, buy or send crypto on the go. It is user-friendly and straightforward.
Connect Keymano Card and Wallet to get even more functions. This Card allows you to make payments online and in-store. Moreover, the user can withdraw cash at any ATM terminal.
Keymano is a fully-featured product which not only simplifies managing crypto but also creates more ways to use it. With Keymano any transaction (from buying coffee to money exchange) is simple and always available in any part of the whole world. Having Keymano you can:
365Cash is a platform that provides services to users in different countries by organizing P2P transfers of digital assets. By the time of publication, the platform overcomes 850,000 cryptocurrency swaps. Such a big number extols this platform over others on the market. The service also possesses the following features:
Its own large ecosystem which uses nodes for cryptocurrencies and works automatically.
The most favorable rates for customers. The service earns on the difference in sales rates due to a large flow of customers and hedging the risks of cryptocurrency fluctuations.
Fully automatic system of receiving and paying funds to customers using the most popular payment system in Russia – Qiwi.
In future, it is planned to expand the pool of available cryptocurrencies.
Quppy is multicurrency payment system with unique cross-platform applications.The wallet provides users the ability to share crypto assets via different accounts inside one single wallet as far as within a decentralized storage system. By the end of the month, users will be able to withdraw money in euro. The platform also have some interesting features:
Sharing all your crypto assets through various accounts on one single platform.
Superior security for users based on blockchain technology.
Fast cryptocurrency exchange and instant transactions;
Multicurrency support including Bitcoin, Bitcoin Cash, Litecoin, etc.
Integration of Nexo – a service of the world’s fastest instant credit.
Chatex is a platform that makes transfers, exchanging or paying for goods much more easier for every customer. Cryptobanking facilitates access to the use of cryptocurrency for those who have never had a cryptocurrency wallet and who do not want to understand difficult passwords, 12 words, etc. The service eliminates the possibility of loss of big passwords or phones, since it allows you to regain access during a personal appearance to the certification center. Unique feature are:
The wallet is protected by an additional PIN-code and in exchange transactions between people.
Instant internal transfers without commissions. Instant purchase with any VISA/MC.
Respond quickly to digital assets management requests from your smartphone.
Waves is revolutionary mobile app which enables users to connect to the network and make transactions. It is a comprehensive, all-in-one app for mobile devices with an absolutely unique feature set that includes a crypto wallet, the Waves DEX, and fiat gateway. The biggest advantages of the platform are:
All traffic is encrypted, hence privacy and security are fully provided. Private keys never leave users’ smartphone and are never exposed to the web.
Supporting Face ID, Touch ID and Fingerprint scanning.
Trading on DEX, with the great tools and charts, it provides access to fiat and crypto gateways, so the customer can deposit, store, trade and withdraw other assets.
The customer can send tokens to one’s address book contacts, lease one’s WAVES, receive warnings about suspicious tokens and burn any spam assets he/she doesn’t want.