![]() ![]() Compared to normal prepaid debit cards, the BitPay Card actually has fairly large load and spending limits, which is good if you possess large crypto holdings. AMC, Newegg and any BitPay merchant can accept cryptocurrency for purchases with Shiba Inu (SHIB) as well as Bitcoin (BTC), Bitcoin Cash (BCH), Dogecoin (DOGE), Ethereum (ETH), Litecoin (LTC), Wrapped Bitcoin (WBTC), and five USD-pegged stable coins (BUSD, DAI, GUSD, USDP, and USDC). Maximum Balance: 25,000 Including Cash Loads. The potential global market is huge and combined with the market capitalization for crypto approaching two trillion, the market opportunity for crypto is ideal.īitPay enables businesses to accept cryptocurrency as a form of payment without having to buy, own or manage crypto. The ability to accept crypto expands a merchant’s sales opportunity into international markets where accepting credit cards is not practical while reducing high fees and increasing payment transparency and efficiency. To that end, we’re excited to offer SHIB as a payment option on .” “Through our partnership with BitPay, we have the ability to move quickly and lead the market with flexible cryptocurrency payment options. 5, 2022 /PRNewswire/ - ZenLedger, the global leader in cryptocurrency tax software and blockchain analytics, today announced the company is accepting. “We are always looking for ways to innovate the shopping experience on, and something our customers want is greater flexibility and options, including the ability to pay with a wide range of cryptocurrencies,” said Andrew Choi, Director of Brand Marketing at Newegg. Situated at the intersection of the busy I-10 and I-110 in downtown Los Angeles, The Reef is a larger-than-life platform for Newegg to drop its latest crypto news. Newegg also made the news official and on a grand scale with a massive digital out-of-home (DOOH) campaign displayed on The Reef, North America’s largest DOOH billboard. to be the first client to accept Shiba Inu. ![]() The dedicated community responded and advocated for its decentralized meme token which has quickly evolved into a vibrant ecosystem where SHIB holders can spend at merchants who accept BitPay or where a gift card can be purchased through the BitPay Wallet.Īdam Aron, AMC CEO shared on Twitter “Attention #SHIBArmy: Our friends decided to support Shiba Inu specifically because I asked, so AMC can take Shiba Inu for online payments of movie tickets and concessions. “BitPay believes that the more community involvement from coin holders supports awareness and adoption helping to move the blockchain industry to pave the way for blockchain payments to disrupt the way consumers and businesses receive and spend funds.”ĪMC got the SHIB community fired up when they asked if the company should request SHIB be added as a payment option. “The Shiba Inu community is passionate about its coin and serious about giving those consumers places to spend SHIB,” Stephen Pair, CEO of BitPay, said. The increased popularity puts SHIB in the top #15 since tracking from zero in May by market capitalization on CoinMarketCap just in time for holiday spending. Stay tuned with the Coinpedia to know more.Even though it started as a meme, the strong SHIBArmy along with the response from AMC and Newegg moved SHIB to the top of the list of coins to add. This incident perhaps considered as the ‘worst hack of a major social media platform yet, as per Dmitri Alperovitch, co-founder at CrowdStrike, a cybersecurity firm. The amount of 12 bitcoins is equivalent to more than USD$11000. However, as per Wikipedia, the incident marked for the successful transfer of more than 12 bitcoins to hacker’s wallet address with over 320 transactions. These hacked accounts for about two hours used to spread the bitcoin scam message among millions of account’s followers.Īlso know – If Twitter was a Decentralised Platform, Would Twitter Hackers Still Spread Bitcoin Scam? Over a dozen Twitter accounts have been hacked on July 15, 2020. However, very soon after these transactions, the world woke up to ‘largest Twitter hack related to bitcoin scam’. Perhaps this made it difficult for companies to analyze that the wallet address could be used for hacking. Apparently these were small transactions in number. Interestingly, the three transactions executed using BitPay and Coinbase before the hack was used as ‘merchant usage’. That being said, the original bitcoin address of the hacker has received 14.75 bitcoin in total including the bitcoin transferred by victims following hack incident. On the other hand, the other two transactions were executed two days before the hack and the funds were to sent to the wallet associated with Coinbase. The very first transaction points at 1.2 BTC which was transferred to BitPay in May 2020.
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