When using Apple Pay for transactions, card numbers are not stored on the device or Apple servers.
A unique device account number is encrypted and stored in a specialized chip for data protection.
To facilitate cryptocurrency purchases for United
Kingdom-based users, the crypto exchange Coinbase has announced the integration
of Apple Pay functionality. This development allows users to buy Bitcoin and
other digital assets directly through their iPhones using the Apple Pay
feature.
Implementing Apple Pay Feature for Safer Transactions
According to Coinbase, enabling Apple Pay provides users
with a "more secure and private" method of purchasing
cryptocurrencies. The exchange emphasized that when transactions are made using
Apple Pay, card numbers are not stored on the device or Apple servers. Instead,
a unique device account number is assigned, encrypted, and stored in a chip
designed for securing payment information.
This integration arrives at a time when the cryptocurrency
market is experiencing a slowdown in trading volume and retail interest.
Coinbase recently reported decreasing crypto volumes as the market seeks new
narratives to drive prices higher. While the upcoming Bitcoin halving event
could potentially spark price increases, the exchange acknowledged the
challenge of navigating a historically weak period for risky assets like
crypto.
Daniel Seifert, the UK Country Director at Coinbase, stated that the new integration helps make accessibility to digital assets easier in
the country. He said: โWe know users
already love using Apple Pay in their daily lives, so it only made sense to
bring this convenient way to pay to Coinbase as well.โ
Crypto Social Media Engagement Wanes despite Market Buzz
Beyond trading volume, social media engagement data indicates subdued retail interest in cryptocurrencies. LunarCrush, a social
analytics platform, observed fewer posts related to Bitcoin, Ethereum, and
other cryptocurrencies on social media platforms. Joe Vezzani, the CEO at LunarCrush, noted that
social interactions within the crypto space are currently lower compared to
previous bull markets, even after accounting for spam and bot activity.
To facilitate cryptocurrency purchases for United
Kingdom-based users, the crypto exchange Coinbase has announced the integration
of Apple Pay functionality. This development allows users to buy Bitcoin and
other digital assets directly through their iPhones using the Apple Pay
feature.
Implementing Apple Pay Feature for Safer Transactions
According to Coinbase, enabling Apple Pay provides users
with a "more secure and private" method of purchasing
cryptocurrencies. The exchange emphasized that when transactions are made using
Apple Pay, card numbers are not stored on the device or Apple servers. Instead,
a unique device account number is assigned, encrypted, and stored in a chip
designed for securing payment information.
This integration arrives at a time when the cryptocurrency
market is experiencing a slowdown in trading volume and retail interest.
Coinbase recently reported decreasing crypto volumes as the market seeks new
narratives to drive prices higher. While the upcoming Bitcoin halving event
could potentially spark price increases, the exchange acknowledged the
challenge of navigating a historically weak period for risky assets like
crypto.
Daniel Seifert, the UK Country Director at Coinbase, stated that the new integration helps make accessibility to digital assets easier in
the country. He said: โWe know users
already love using Apple Pay in their daily lives, so it only made sense to
bring this convenient way to pay to Coinbase as well.โ
Crypto Social Media Engagement Wanes despite Market Buzz
Beyond trading volume, social media engagement data indicates subdued retail interest in cryptocurrencies. LunarCrush, a social
analytics platform, observed fewer posts related to Bitcoin, Ethereum, and
other cryptocurrencies on social media platforms. Joe Vezzani, the CEO at LunarCrush, noted that
social interactions within the crypto space are currently lower compared to
previous bull markets, even after accounting for spam and bot activity.
Will Binance's BNB Reach $1000? Price Prediction Amid Legal Challenges in Australia
Executive Interview with Elina Pedersen | Your Bourse | FMLS:24
Executive Interview with Elina Pedersen | Your Bourse | FMLS:24
Executive Interview with Elina Pedersen, Chief Revenue Officer at Your Bourse at the Finance Magnates London Summit 2024
#fmls #fmls24 #fmevents #RetailTrading #FintechInnovation #nvidia #DigitalAssets #GlobalFinance #globalbanking
๐ฃ Stay updated with the latest in finance and trading!
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Executive Interview with Elina Pedersen, Chief Revenue Officer at Your Bourse at the Finance Magnates London Summit 2024
#fmls #fmls24 #fmevents #RetailTrading #FintechInnovation #nvidia #DigitalAssets #GlobalFinance #globalbanking
๐ฃ Stay updated with the latest in finance and trading!
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Executive Interview with Rauan Khassan | TradingView | FMLS:24
Executive Interview with Rauan Khassan | TradingView | FMLS:24
Executive Interview with Rauan Khassan from TradingView at the Finance Magnates London Summit 2024
#fmls #fmls24 #fmevents #RetailTrading #FintechInnovation #nvidia #DigitalAssets #GlobalFinance #globalbanking
๐ฃ Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates.
Connect with us today:
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๐ Facebook: https://www.facebook.com/FinanceMagnatesEvents
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Executive Interview with Rauan Khassan from TradingView at the Finance Magnates London Summit 2024
#fmls #fmls24 #fmevents #RetailTrading #FintechInnovation #nvidia #DigitalAssets #GlobalFinance #globalbanking
๐ฃ Stay updated with the latest in finance and trading!
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Executive Interview with Nadia Edwards-Dashti | Harrington Star | FMLS:24
Executive Interview with Nadia Edwards-Dashti | Harrington Star | FMLS:24
Fintech Talent in the UK: The Human Factor Driving Industry Change ๐
What does it take to attract, retain, and upskill the best fintech talent in todayโs rapidly evolving UK market? In this engaging interview, Nadia Edwards-Dashti, Chief Customer Officer at Harrington Star, explores the future of talent recruitment, the rise of sales roles, and how AI is reshaping the industryโwithout replacing the human touch.
#fmls #fmls24 #fmevents #recruitment #financialcareers
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Fintech Talent in the UK: The Human Factor Driving Industry Change ๐
What does it take to attract, retain, and upskill the best fintech talent in todayโs rapidly evolving UK market? In this engaging interview, Nadia Edwards-Dashti, Chief Customer Officer at Harrington Star, explores the future of talent recruitment, the rise of sales roles, and how AI is reshaping the industryโwithout replacing the human touch.
#fmls #fmls24 #fmevents #recruitment #financialcareers
๐ฃ Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates.
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Executive Interview with Roberto Politano | Finnovate Finance | FMLS:24
Executive Interview with Roberto Politano | Finnovate Finance | FMLS:24
Executive Interview with Roberto Politano from Finnovate Finance at the Finance Magnates London Summit 2024
#fmls #fmls24 #fmevents #RetailTrading #FintechInnovation
๐ฃ Stay updated with the latest in finance and trading!
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Executive Interview with Roberto Politano from Finnovate Finance at the Finance Magnates London Summit 2024
#fmls #fmls24 #fmevents #RetailTrading #FintechInnovation
๐ฃ Stay updated with the latest in finance and trading!
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#fmls #fmls24 #fmevents #cyptotrading #DigitalAssets #pepperstone
๐ฃ Stay updated with the latest in finance and trading!
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#fmls #fmls24 #fmevents #cyptotrading #DigitalAssets #pepperstone
๐ฃ Stay updated with the latest in finance and trading!
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