The Coinbase card can be used in Google Pay
Coinbase Exchange has notified Visa debit card users that it can be used to purchase services through Google Pay.
The US exchange becomes the first company to allow users to make mobile payments with Bitcoin and other cryptocurrencies. Android phone users can add the Coinbase card directly to their Google Pay wallet and pay with cryptocurrencies for various in-app services.
Coinbase card payments on Google Pay are currently available to customers in the US, Belgium, France, Italy, Finland, Republic of Ireland, Spain, Croatia, Slovakia, Poland, Czech Republic, Denmark, Sweden and Norway. The company has announced it will extend its use in other EU regions by the end of this year.
Binance is funding the $ 50 million blockchain for India project
According to Economic Times of India, Binance has announced a $ 50 million fund to fund the “Blockchain for India” project. It will play a role in stimulating the development of the blockchain industry and “opening up direct access to the global blockchain Binance ecosystem to the entrepreneurial community of India.”
Trading platform projects, payment and remittance platforms, digital portfolios and decentralized finance applications (Challenges) are encouraged. The plan is for each start-up to receive $ 100,000 in funding.
The fund will also target blockchain educators across the country, with universities and college groups as its primary target. Nischal Shetty, founder of WazirX, said:
“We also plan to provide support to universities and student organizations who wish to set up blockchain technology incubators at their faculties to accelerate blockchain education in India.”
The WazirX exchange, recently acquired by Binance, will also contribute $ 5 million in donations.
FCA warns Bitcoin Evolution
The UK’s financial regulator (FCA) has warned cryptocurrency investors and traders that Bitcoin Evolution is not authorized to operate. The FCA makes it clear that this could be a scam.
Bitcoin Evolution provides cryptocurrency trading services and has not taken any steps to obtain an operating license.
The Supervisory Authority underlined that all companies and individuals who supply, promote or sell financial products and services in the UK must be authorized. However, some companies knowingly conduct their business without authorization, and some even operate the scams.
Bitcoin Evolution has aggressively promoted online, with multiple positive “reviews” for the trading bot that allows users to generate profits from price fluctuations in the crypto market.
The company even used the images with celebrities Hugh Jackman and Daniel Radcliffe, as well as former Manchester United coach Alex Ferguson to promote his image.
The Ethereum Community Conference (EthCC) held in Paris on March 3-5 proved to be a transmission point for the COVID-19 virus. Eighteen of the approximately one thousand participants were confirmed to be infected. Another 50 people are waiting for the test results.
Vitalik Buterin, who was one of the participants, said he had no symptoms. According to reports from medical authorities, 80% of those infected with coronavirus are asymptomatic or have a mild form of virosis. The risk is that they can transmit the virus to others, and authorities recommend self-isolation to reduce its spread.
Paris, along with other major European cities, is now closed and all major assemblies have been canceled.
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