Tag: Credit Card

Recent Wendy’s Data Breach Shows The Importance of Bitcoin Payments

Credit card information being stolen is nothing new under the sun these days, as these types of data breaches are becoming more of a norm rather than an exception. The latest major company to fall victim to a data breach is Wendy’s, a very popular fast food chain in the United States. Bitcoin eliminates the risk of consumer data being stolen and misused by assailants. Also read: Selling Items For …
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Bitstamp Opens Credit Card Buying Option To German and Italian Bitcoin Users

Just a few days ago, major Bitcoin exchange bitStamp announced customers would be able to buy digital currency with their credit card in the United Kingdom and Slovenia. No further countries were announced at that time, although it was only a matter of time until the option become available in other parts of Europe as well. Based on the company’s Twitter post earlier today, both German and Italy are now …
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Credit Card Payment Protocol Unsafe – Bitcoin is A Global Solution

Everyone in the Bitcoin world knows how traditional financial solutions are lacking in security features. Especially where credit cards are concerned, there is still a lot of work to be done to even create an illusion of security. German researchers recently exposed a major flaw in the concept of the plastic card payment protocol, allowing hackers to steal any information. Also read: Bitcoin HYIP Ponzi Scheme Alert – CoinDouble Payment …
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Bitcoin Would Have Prevented Hyatt Hotels Credit Card Information Theft

Malware affecting payment terminals all over the world is becoming a real plague, and also shows why credit card payments are an insecure method of transferring value. The most recent malware infection was found on payment terminals owned by Hyatt Hotels, and visitors are advised to keep a close eye on their credit card statements over the next few months. Bitcoin easily could have prevented all this, but some people …
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