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The child Dikembe Mutombo brought to the United States for a surgery to remove a life-threatening tumor on his face, went into cardiac arrest during the operation … TMZ has learned. Sources familiar with the surgery tell us, at around 6 PM…
A 57-year-old Utah man who was so drunk he had to be helped back to bed after falling into a Christmas tree, paid back his roommate’s kindness by opening fire on the man and his son, police said.
Zac Park, 29, and Spencer Markel, 35, are co-chief executives of Cubcoats, a company on the Westside of Los Angeles that makes children’s hoodies that can fold into stuffed animals. The 25-person enterprise originally offered eight animal hoodies but has since expanded to include licensed characters…
“STOP THE MADNESS!!!!,” “dear lord,” and “I want to die” were just a few of the responses to what was meant to be a routine email Friday about a seasonal potluck party in a Utah state office, per the Miami Herald . What caused the holiday hubbub: The email meant for…
Canadians can now gradually accumulate small fractions of BTC by rounding up their everyday debit card purchases with a mobile application called Shakepay. The company launched in 2015 operates multiple cryptocurrency services and its new Shakepay Change element aims to provide individuals with a frictionless way to buy BTC in Canada.
Also read: The Digital Revolution Increases Sovereignty
Shakepay: A Spare Change-to-Cryptocurrency App
The Montreal-based financial technology company Shakepay provides digital currency applications for Canadians. Since 2015, the Shakepay application has provided users with the ability to purchase and sell bitcoin core (BTC) in a quick fashion. The company has serviced over 40,000 customers and has processed well over $ 30 million in BTC since its inception. The Shakepay Change feature is a new addition to the slew of applications created to make acquiring bitcoins easier. The change service will allow Canadians to purchase BTC with the spare change of rounded up debit purchases.
Basically, Shakepay Change users need to link a debit card to their Shakepay account. Then if they purchase anything, the application will round up each purchase to the nearest dollar. The leftover change is what is used to purchase BTC and then the platform adds the funds to the Shakepay wallet.
“Following Bitcoin, the entire suite of financial services is being rebuilt independently from the current financial infrastructure,” explained Jean Amiouny, CEO of Shakepay. “We believe enabling access to these services is paramount to the creation of wealth and economic freedom.”
Shakepay is a licensed money services business and can operate in any province throughout Canada. The company is backed by investors such as Boost VC and has also partnered with a Schedule 1 bank in order to facilitate the application’s payment processing. The Shakepay team believes Bitcoin’s innovation is important because “it enables wealth to be stored with an individual without the need for a third party.” The Shakepay application with the spare change service is available for Canadians using both Android and iOS mobile phones.
Not the Only Loose Change Crypto-Application
Shakepay is not the first company to offer this type of cryptocurrency purchasing technique with rounded up debit purchases. Back in the spring of 2015, the project Lawnmower.io offered a spare change-into-bitcoin conversion tool that was tethered to Coinbase accounts. However, Lawnmower stopped offering the rounded change feature back in March 2016.
Then there’s another digital currency purchasing application that rounds up purchases called Coinflash. The Coinflash application gives users the ability to purchase BTC and ETH using spare change.
As far as Canadians are concerned, they can try the Shakepay platform to acquire small fractions of BTC. “Our mission is to create open access to building wealth and we’re setting out to have every single Canadian owning bitcoin,” Amiouny added.
What do you think about the Shakepay Change feature? Let us know what you think about this subject in the comments section below.
Images via Shakepay Change, and Shutterstock.
At Bitcoin.com there’s a bunch of free helpful services. For instance, have you seen our Tools page? You can even look up the exchange rate for a transaction in the past. Or calculate the value of your current holdings. Or create a paper wallet. And much more.
The post Shakepay App Turns Spare Change Into Fractions of BTC appeared first on Bitcoin News.
A high-speed train has crashed near the Turkish capital Ankara killing at least four people and leaving dozens more injured, according to the city’s governor Vasip Sahin.
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The US has begun making the necessary preparations to sail a warship into the Black Sea, a move that comes amid heightened tensions in the region following Russia’s seizure of Ukrainian ships and detention of Ukrainian sailors.
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The elder son of former Alaska Gov. Sarah Palin turned himself in to an Anchorage halfway house Wednesday to begin a year in custody, per the AP , following his conviction for assaulting his father, an official said. Track Palin was initially scheduled to enter the halfway house Oct. 31 after…
In today’s edition of The Daily, we look at the effect of cryptocurrency on video gaming, banking laws and popular media. A leading PC manufacturer wants to enable gamers to mine, a U.S. state has passed a bill to create dedicated financial institutions for cryptocurrency startups, and Bitcoin is on TV again.
Asus Teams Up With Mining Startup
Asus has announced a new strategic partnership with Quantumcloud, a startup that wants gamers to use their idle graphics cards to mine cryptocurrency. The graphics card maker can leverage its large user base of clients as a distribution partner for the app.
Quantumcloud claims to be different than other mining apps by focusing on data security and ease of use. It promises to protect user data and comply with the EU’s General Data Protection Regulation (GDPR) regulations. It does not require users to create new accounts for the app, as they can log in with their existing accounts on Paypal or the popular Chinese messaging app Wechat. Wallet management, cryptocurrency mining mix, currency conversions and fiat transfers are also integrated into the back-end of the software.
Wyoming Adopts Crypto Banking Bill
Members of the Wyoming State Legislature have passed a bill that sets the stage for the creation of dedicated financial institutions to provide services to cryptocurrency companies. The legislation is meant to help with the establishment of crypto companies in the state, as they often struggle to secure financial services from traditional banks.
The bill talks about creating “special purpose depository institutions,” as news.Bitcoin.com reported when it was drafted. They could be licensed as money transmitters in Wyoming and provide exchange services for both cryptocurrency and fiat funds. Each institution would have to open a branch in the state and operate within the federal banking system. Clients would be obliged to maintain 100 percent cash reserves to match their digital money accounts, and hold a minimum balance of $ 100,000 in fiat or cryptocurrency.
Cryptocurrency Featured on Jeopardy
Bitcoin is appearing more and more in popular culture outside the news media, including references in rap music lyrics and TV shows. The latest example is the inclusion of “Cryptocurrencies” as a category on a recent episode of trivia game show Jeopardy. According to commenters on Reddit, the Jeopardy contestants waited until the end to pick the category, but all of them answered correctly.
If you want to test your basic knowledge of the subject, the clues were: An altcoin is any unit of cryptocurrency other than this original one; A lawsuit from this rapper killed off the Coinye currency; Each transaction is a “block” connected in these digital ledgers that enable cryptocurrencies to work; This three-letter chat app created its own currency, the very similarly named KIN; In 2018, this South American country launched the Petro, a currency backed by oil reserves.
What do you think about today’s news tidbits? Share your thoughts in the comments section below.
Images courtesy of Shutterstock.
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The post The Daily: Asus Wants to Turn Gamers Into Miners, Wyoming Advances Crypto Bank Bill appeared first on Bitcoin News.
Lil Xan has just checked himself into rehab. The rapper’s girlfriend, Annie, posted Sunday on Xan’s Instagram account “Diego was just admitted into his first treatment.” She went on to say, “He loves each and every one of you sending good…