In our “Payment Systems” section, we cover electronic payment systems (EPS) and services used to send, receive, and manage digital money online. Here you will find guides on how payment systems work, how to transfer funds securely, and how they integrate with cryptocurrency platforms. Read the “Payment Systems” section on ForkNews to learn how modern digital payment infrastructure operates.
On December 27, several people on their social networks reported that the wallet was under attack by a hacker, and he had already managed to steal about 250 bitcoins (approximately $937,000). The attack was subsequently confirmed by Electrum. According to its representatives, the hacker created a fake version of the wallet to obtain passwords from real user wallets.
Yesterday, someone transferred 90,000,000 Ripple XRP tokens from one unknown address to another. Typically transfers of this magnitude are made to the wallet of an easily identifiable cryptocurrency exchange, but in this case the sender and recipient addresses are unknown, making the transaction even more suspicious.
The era of monopoly banks is coming to an end, says the executive director of the Swedish bank Klarna. Amid competition from fintech challengers, banks will face massive customer loss and disruption over the next five years.
The exit from the rectangle went in the direction of decline. Will the market be able to recover after overnight consolidation?
The Japanese yen has become the most traded national currency in the Bitcoin-to-fiat market, surpassing the US dollar. According to Coingills, the yen currently holds 48.34% of the market, and the US dollar 43.77%. The third and fourth most traded currencies were the Korean won with 6.08% and the euro with 1.07%.
The IOTA Foundation, in collaboration with CYBERCRYPT, a leading systems provider in the field of cryptography and cybersecurity, has developed a new hashing algorithm that can be used for the triple architecture of the IOTA platform.
In his closing argument in a Tokyo court, Mark Karpeles, the former CEO of collapsed cryptocurrency exchange Mt.Gox, declared his innocence and non-involvement in the events that caused the firm to lose millions of dollars from its users and ultimately go bankrupt.
Bitmain Technology and Huobi Group have announced plans to lay off employees, reports the South China Morning Post (SCMP).
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