Revealed: Top 4 user complaints about Signal's new crypto payments beta
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....
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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....
"I feel like I [was] cheated." The statement is just an excerpt from one of the 39 formal complaints filed with the US Federal Trade Commission (FTC) against now-bankrupt bitcoin mining company CoinTerra and revealed in a new Freedom of Information Act (FOIA) request. The 39 complaints are a far cry from nearly 300 complaints lodged against competitor Butterfly Labs before it was temporarily shut down by the FTC in September. However, the complaints paint a detailed picture of the frustrations long faced by CoinTerra customers. The full complaints, which were received with personal....
The Advertising Standards Council of India (ASCI) has reportedly revealed that more than 400 crypto ads violated its guidelines so far this year. The majority of complaints the ad council received are directed at influencers. “Some influencers talk so confidently about crypto without fully understanding it.”
419 Ads in Violation — Most Complaints Concern Influencers
The Advertising Standards Council of India (ASCI) has reportedly revealed that it received 453 complaints relating to crypto ads between January and May.
The council added that out of....
Nonkumbulo Tshombe, an advocate with the Financial Advisory and Intermediary Services (FAIS) Ombud, recently revealed that her office has noted a significant increase in the number of cryptocurrency-related complaints during the 2020/21 financial year. Cryptocurrency Not yet Regulated An advocate with the South African office of the financial services sector ombudsman, Nonkumbulo Tshombe, recently revealed that her organization has recorded a significant increase in the number of crypto-related complaints during the 2020/21 financial year. Despite receiving such complaints, Tshombe is....
Bitcoin mining hardware producer CoinTerra has moved to reassure customers after it emerged a number of complaints about the company have been lodged with the Better Business Bureau (BBB). Some 11 complaints relating to CoinTerra have been closed with the BBB in the last 12 months. Two of these related to advertising and sales issues, one related to guarantee and warranty issues and eight related to problems with the company's products or service. The BBB is a private entity, not a government agency, which aims to improve trust between consumers and businesses. Complaints are closed when....