Tag: ebay

eBay Seller Scams Customers by Emptying Purchased Paper Wallets

JP Buntinx February 28, 2018 Crypto, News

Paper wallets have always been considered to be a great solution for offline cryptocurrency storage. They are convenient and can be prepared in a few minutes. For some reason, people are still actively selling – and buying – pre-generated paper wallets on platforms such as eBay. It is evident this is a disaster waiting to happen. Never Buy a Pre-Generated Paper Wallet In theory, there is nothing wrong with letting someone else …
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Bitcoin May Come to eBay as Platform Drops PayPal as Main Payment Option

JP Buntinx February 3, 2018 Crypto, News

For as long as people can remember, there has been a tight relationship between eBay and PayPal. In virtually every case, PayPal is a required option for anyone looking to sell items on the global auction site. That situation will come to change in the near future, as eBay has announced its plan to ditch PayPal as its main payment option. It is a rather surprising turn of events, albeit one that could be …
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Hardware Wallet Purchased on eBay Costs User Over $30,000 in Stolen Funds

JP Buntinx January 7, 2018 Crypto, News

TheMerkle eBay Compromised Hardware wallet

In the world of cryptocurrencies, people tend to take unnecessary risks. Especially when it comes to obtaining and storing said cryptocurrencies, there is no reason whatsoever to look for shortcuts or save a few dollars. One Reddit user found this out the hard way. He purchased a malicious hardware wallet from eBay, which allowed the assailant to empty his crypto balances in quick succession. Close to US$30,000 worth of funds were stolen, and the …
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eBay Seriously Considers Adding a Bitcoin Payment Option

JP Buntinx December 14, 2017 Crypto, News

Spending the world’s most popular cryptocurrency is still a big challenge. Although there are a few merchants out there which accept BTC directly, none are particularly big, other than Overstock. It now seems eBay may welcome Bitcoin to its platform in the very near future, if recent reports are to be believed. eBay may Embrace Bitcoin After all Most people who have ever dealt with eBay know the company isn’t too keen on alternative payment …
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