More Google Play Bitcoin Fraud ‘Good for Humanity’
The fake Localbitcoins app on Google Play, still live at the time of writing, is indicative of how streetwise the Bitcoin community really is – and can happen again. This is the opinion of Bitcoin Foundation Ukraine President Michael Chobanyan, who commented to CoinTelegraph in light of the fraudulent activity reported on Google Play earlier today. Chobanyan sees the status quo – despite security being a key topic of conversation and education for Bitcoin holders – as little improved from banks and fiat currency, due more than anything to the human condition. “This is a logical evolution....
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Mycelium's bitcoin wallet app has been re-instated into the Google Play store, following the removal of its 'donation button'. Mycelium's bitcoin wallet app has been removed from the Google Play store as of yesterday, the company has confirmed. The wallet provider, which currently has "between 50,000 and 100,000 users" announced the news via a Reddit post. Speaking to CoinDesk, Jan Dreske, a Mycelium developer, said: "We received an email from Google yesterday evening after uploading a new beta version for our testers, and the app was suspended at the same time." Dreske explains that the....
Following a Federal Bureau of Investigation (FBI) warning on crypto-related fraud, a member of the U.S. Senate has questioned two of the biggest companies in the world, Apple and Google. Senator Sherrod Brown (D), Chairman of the Senate Committee on Banking, Housing, and Urban Affairs, sent a letter to the CEOs of these companies. […]
Digital wallet provider Mycelium has had its popular bitcoin wallet suspended from the Google Play store following a violation of the Google Play content policy. Google informed the app administrators of the reason behind the suspension: "REASON FOR SUSPENSION: Violation of the paid and free provision of the Content Policy and section 3.5 of the Developer Distribution Agreement. Please refer to the Third Party Payments help center article for more information." Section 3.5 of that agreement reads: "If the product is free, you will not be charged a transaction fee. You may not start....
Few days ago, on the 10th of February, the Mycelium team received a notice from Google in regards to their app. The wallet application got removed by Google for allegedly violating Google play's section 3.5 of the Developer Distribution Agreement. This section didn't really provide the team with a clear enough explanation on why their app could have actually been banned. Mycelium community manager Dmitry Murashchik mentioned this in a Reddit post. members of the team originally thought that their app could have been banned either due to the fees had to apply for transactions or because of....
Yotta Electronics, a Bitcoin-only merchant that proudly claims to keep all their profits in Bitcoin, added Google Play Gift Cards to its store. "All Google Play Gift Card gift cards are purchased from United States authorized dealers like best buy, target etc. You will receive an email with your redemption code once your bitcoin payment is fully confirmed by the bitcoin network. When you received your Google Play Gift Card redemption code, please redeem it as soon as possible." It's interesting to see how gift cards like Gyft and eGifter permit using Bitcoin to purchase more and more goods....