Encrypted messaging app Signal enables private payments using MobileCoin
High-speed privacy payments using MOB available to UK users only. Encrypted messaging app Signal has begun testing a payments feature that allows users to send cryptocurrency to other users privately.Signal announced on Tuesday, Apr. 6, that it is integrating support for MobileCoin for a new peer-to-peer payments system in the beta version of its apps.The new system called Signal Payments has been launched for beta testing on Android and iOS platforms for UK-based users only at the current time. Additionally, it only supports MobileCoin’s MOB cryptocurrency, which has been designed to be....
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Signal, the cross-platform encrypted messaging service is facing criticism this week, after the company Signal Messenger told the public it was integrating the cryptocurrency mobilecoin. Moreover, controversy surrounds the company’s founder and CEO Matthew Rosenfeld, known as ‘Moxie Marlinspike’ over his previous ties with the Mobilecoin project. The Relationship Between Mobilecoin and Signal During the last week, Signal Messenger has been under fire for integrating the privacy-centric cryptocurrency mobilecoin (MOB). The subject has been trending on social media and....
Fast-rising messaging service Signal is rumored to be experimenting with a privacy crypto token. Privacy-focused messaging app Signal is reportedly devoting resources towards the development of a cryptocurrency payments service for its users.According to a report by Casey Newton, the founder of the technology newsletter service Platformer, Signal is mulling crypto payment integration on the app.The report claims that Signal reportedly ran pilot tests for such a token on the Binance-backed, Stellar-based privacy cryptocurrency platform MobileCoin. Moxie Marlinspike, CEO of Signal, serves as....
Signal is facing criticism over its integration with MobileCoin, with eyebrows raised over a 450% increase in the price of MOB ahead of the announcement. Controversy surrounds Signal’s recently announced MobileCoin integration, with users expressing concerns over ties between Signal’s founder and the cryptocurrency, opacity surrounding the coin’s issuance, and suspicious gains leading up to the partnership’s announcement.Signal is an encrypted messaging application that has been embraced by the privacy and security-conscious community since launching as Open Whisper Systems in 2013 and....
Encrypted messaging app Signal has started accepting donations in 12 cryptocurrencies including Bitcoin and Ether. Users of major privacy-oriented messaging app Signal can now support the project with cryptocurrencies like Bitcoin (BTC).Signal officially announced Monday that the platform has started accepting crypto donations as a form of support for the Signal Technology Foundation, the nonprofit organization behind the app. “As a nonprofit organization, we depend on your support. If you've been patiently waiting for Signal to accept cryptocurrency donations, you no longer need to hodl....
Signal has published user feedback from its beta integration with Mobilecoin, which saw users complain about the volatility and transaction fees related to MOB. Privacy-focused messenger app Signal has posted early user feedback from the UK-based beta launch of its payments integration with Mobilecoin’s MOB token. A blog post by Signal head of growth and communication Jun Harada revealed the top four user complaints about its new cryptocurrency integration so far — with a major complaint from many users about the entire concept itself because “cryptocurrency is the worst”. He reassured....