Search Results for: Apple Pay

Bitcoin-friendly social app Damus recently confronted Apple over the removal of a bitcoin tipping feature, deemed a violation of Apple’s guidelines. Two Bitcoin developers, Ben Carman and Paul Miller created Zapple Pay, a workaround service using emojis, restoring the “zap” feature. The fate of this creative solution remains uncertain as cryptocurrency platforms continue to challenge tech giants.

Stepn integrates Apple Pay into its iOS app’s in-app marketplace, enabling users to purchase NFT sneakers using a novel in-app currency called Sparks. This move-to-earn game app rewards players with crypto tokens as they walk or run and aims to blend blockchain gaming with Apple’s extensive reach, potentially onboarding millions of users into the Web3 domain.

Web3 Move-to-Earn game STEPN integrates Apple Pay for in-app purchases, enhancing accessibility and user experience. This follows Axie Infinity’s App Store availability, hinting at Apple’s shifting stance on blockchain-based games. STEPN’s GMT token price increased following the announcement.

The move-to-earn game STEPN integrates Apple Pay as a fiat onramp for in-app purchases, expanding accessibility and eliminating the need for a crypto wallet to purchase in-game NFT assets. This strategic step aims to onboard the next 100 million users to Web3 and remove barriers to entry.

“In 2020, Apple and Goldman Sachs aimed to introduce a stock trading feature in Apple’s ecosystem. However, due to financial volatility, this was suspended. Despite Goldman Sachs pulling out of consumer banking, the groundwork for this feature remains, with potential for revisit. Incorporating stock trading positions Apple against established platforms like Robinhood, SoFi, and Square. Crypto trading expansion by these platforms indicates possibilities for future digital trading, but Apple’s participation is still uncertain.”

“PayPal’s announcement of a stablecoin on Ethereum, followed by imposter tokens looking to cash in on its success, indicates possible future rug pulls. PayPal’s decision to operate within the established financial system counters crypto’s aim to break from traditional financial structures. It boosts crypto’s credibility, yet risks changing Web3’s face.”

The social media app Damus, popular for its Bitcoin-friendly features, recently faced potential removal from Apple’s App Store due to its Bitcoin tipping feature. The issue sparked concerns over curbing Bitcoin adoption and the evolution of global payment protocols over the internet. However, the confrontation gave rise to the Zapple Pay, a workaround bypassing Apple’s restrictions, highlighting the resilience of BTC-friendly platforms.

“NFT Inspect and MoonPay are combining forces to enable Twitter users to secure cryptocurrencies and NFTs via a browser extension. This partnership promises a broadened platform for purchasing a variety of cryptocurrencies through MoonPay’s proficient payment infrastructure, supporting methods like debit cards, Apple Pay, and bank transfers.”

Apple warns decentralized social media app, Damus, for violating its policy by enabling Bitcoin tipping via “Zaps” feature. The Damus team questions this stance, asking for clarification on whether they’re in true violation, while also pointing out potential inconsistencies in Apple’s approach.

This week in technology, Louis Vuitton enters the NFT market with Via Treasure Trunks, Apple announces Vision Pro mixed reality headset, and NFT lending market sees growth with Binance NFT Loan. However, critics caution against potential pitfalls surrounding NFT lending platforms.

Apple acquires Mira, an AR startup providing smartphone-powered headsets for industrial applications, strengthening its foothold in the mixed reality market. The acquisition raises questions about compatibility and future direction, as Apple’s Vision Pro focuses on personalized virtual reality.

The recent Apple Worldwide Developers Conference sparked speculations of a potential partnership between Apple and OTOY Inc., the company behind RNDR token and Octane X GPU rendering software. However, challenges like the lack of concrete announcements during the event and potential regulatory hurdles raise questions about the viability of implementing crypto payment solutions in consumer tech products.

Apple’s new VR headset could revive interest in metaverse experiences, benefiting crypto startup DeeLance, which is developing a decentralized, blockchain-based platform to connect freelancers and employers. DeeLance’s metaverse addresses challenges like copyright infringement and payment fraud while offering low fees and transparency, potentially transforming the remote working landscape.

OpenAI’s ChatGPT iPhone app has quickly climbed App Store charts, with Apple endorsing it as a “must-have” app. Apple’s infamous 30% cut, or “Apple Tax,” on new iOS subscriptions means the tech giant profits from every ChatGPT Plus subscription, highlighting the complex interactions among AI pioneers, big tech, and regulators in this emerging revolution.

Bitcoin wallet startup, Mutiny, released a beta version of self-custodial Lightning wallet that bypasses app distributors like Apple and Google. The firm addressed Bitcoin product censorship by launching Zapple Pay, enabling Bitcoin tipping and continuous upgrades without app store restrictions. Besides this, the wallet aids in liquidity management and includes a social tipping feature via the Nostr Wallet Connect protocol.

Bulgarian platform Nexo launches a crypto Mastercard for European Economic Area (EEA) citizens to spend stablecoins globally via 100 million merchant terminals. The card also offers annual interest on stored balances, cashback, and credit line usage perks. However, Nexo recently faced legal issues in Bulgaria, raising concerns about its corporate governance. Further, earning potential is tied closely to the volatile crypto market.

Bitget Wallet, previously BitKeep, recently created a $360 million User Protection Fund to enhance security following a malware incident that led millions into loss. The wallet now includes stable payment channels and a P2P marketplace for smoother transactions, while underlining the importance of user education, stringent security measures, and swift responses to breaches.

“Mega Dice, the world’s first licensed crypto casino on the Telegram app, is innovating the online gambling industry. Capitalizing on Telegram’s powerful bots and user-friendliness, it allows crypto enthusiasts to enjoy casino games without undergoing typical registration. Besides, its instant withdrawals enable speedy access to winnings.”

“Five emerging trends shaping the future of digital finance: Open Banking, enabling data sharing for improved services; Digital wallets for safer, contactless payments; Blockchain technology for faster transactions; AI-powered financial services, and Embedded finance, integrating financial services into non-financial software.”

The blockchain-enabled fitness app, STEPN, is expanding its reach with a new Web3 game, ‘Gas Hero,’ which uses NFTs and decentralized elements, including community voting. The game, set in a post-apocalyptic world, was created by Find Satoshi Lab and focuses on “Battle and Earn” strategies.

Rumors suggest that Grand Theft Auto VI (GTA 6) may incorporate cryptocurrency and non-fungible tokens (NFTs) as a play-to-earn game, with in-game items as NFTs. However, GTA creators Rockstar Games have not confirmed these claims, and no solid evidence supports the rumors.