Cryptocurrency exchanges are introducing various ways to buy Bitcoin (BTC) using the Apple Pay payment method. This comes as a good move for Bitcoin adoption since the Apple Pay digital wallet accounts for more than 507 million mobile wallet downloads and a dominating market share of 43.5% in the United States mobile payments market. This ability to now integrate and buy Bitcoin with Apple Pay paves new crypto opportunities for iPhone users. This article explains how to purchase Bitcoin and other cryptocurrencies using Apple Pay. What is Apple Pay digital wallet? Apple Pay, introduced in 2014, is a mobile payment …

Seed phrases, a random combination of words from the Bitcoin Improvement Protocol (BIP) 39 list of 2,048 words, act as one of the primary layers of security against unauthorized access to a user’s crypto holdings. But what happens when your “smart” phone’s predictive typing remembers and suggests the words next time you try to access your digital wallet? Andre, a 33-year-old IT professional from Germany, recently posted on the r/CryptoCurrency subreddit after discovering his mobile phone’s ability to predict his entire recovery seed phrase as soon as he typed down the first word. As a fair warning to fellow Redditors …

Apple announced plans to launch Tap to Pay for iPhone, a new feature that effectively turns the smartphone into a point of sale (POS) device for businesses and merchants. So, what’s in it for crypto? The announcement explains that with Tap to Pay, iPhone-owning merchants receive contactless payments by using their mobile devices as a POS machine thanks to the NFC technology. According to Apple, the soon-to-be-launched Tap to Pay feature will extend support to “Apple Pay, contactless credit and debit cards and other digital wallets.” It basically means that, unless Apple places a direct barrier for it, customers who …

This year, a great crypto cycle has played out with new all-time highs, euphoria and mainstream media paying lip service to the crypto trend du jour. However, the uncomfortable truth for us in the industry is that crypto is no more present in most people’s daily lives than it was in 2017. Four years have passed — what stalled its progress? 2017 marked my first professional foray into the blockchain space when I joined Crypto.com (then known as Monaco) as its first chief marketing officer. The company grew to become one of the largest crypto service providers and fiat-to-crypto gateways …

Bitcoin (BTC) and Ether (ETH) historical data make selecting the right Apple iPhone 13 model quite easy for crypto enthusiasts. Apple unveiled four different smartphone models on Tuesday, the iPhone 13 and iPhone 13 mini, with a new camera layout, as well as the Super Retina XDR display-bearing iPhone 13 Pro and iPhone 13 Pro Max, each with several storage options. With so many different models available in a wide price range, it becomes hard for customers to pick a specific model as a replacement for their current gadget. For crypto enthusiasts, though, historical market data on top cryptocurrencies makes …

Apple has issued new security updates for its mobile operating system after the iPhone maker discovered vulnerabilities that could compromise cryptocurrency wallets. The security updates, which were released Tuesday, affect iOS 14.4 and iPadOS 14.4. The vulnerabilities reportedly allowed hackers to gain remote access to a target system, thereby exposing the user’s cryptocurrency wallet. Pete Kim, Coinbase’s head engineer, warned iPhone users to update their operating system immediately. “If you are using a mobile crypto wallet on an iOS device, be sure to update iOS as soon as possible!” Kim tweeted Tuesday. “The update includes a fix for a remote …

A multicurrency digital wallet that enables consumers to store crypto and spend their funds at more than 40 million outlets worldwide has fully integrated Apple Pay. Spend says the latest version of its Spend Wallet app unlocks instant access to the popular iPhone feature, meaning that more than 20 supported cryptocurrencies can be instantly converted to fiat and used to complete a mobile transaction on demand. The platform says its priority has been ensuring that users can access all of these features instantly. An emphasis has been placed on streamlining the Know Your Customer process, and once this is complete, …