Home ICYMI Credit Card Fees Increase, Bitmain Vulnerability, Gift Platform Swych Accepts Crypto

Credit Card Fees Increase, Bitmain Vulnerability, Gift Platform Swych Accepts Crypto

TL;DR: Welcome to In Case You Missed It (ICYMI), a set of fee increases brought by your favorite financier, Linzerd. Bitmain issues an answer to S15 vulnerabilities. Bitcoin.com won’t support Bitcoin SV. Mastercard and Visa to increase credit card fees. Gift platform Swych will start accepting crypto payments. QuadrigaCX CEO revealed cold storage method, and hacked accounts were used to dismiss Bitfinex concerns on Facebook.

More Spice: Bitcoin White Paper Webcomic by Comics Legend Scott McCloud

Bitmain Answers Antminer S15 Vulnerability

Bitmain, the company behind Antminer ASIC hardware miners, has issued an official response to a firmware vulnerability disclosed by James Hilliard earlier this week. An official source talked with CoinSpice and declared, “We are truly grateful to the open-source community in identifying potential vulnerabilities and we are actively investigating the matter. We will continue to do what is necessary to ensure the best and safest possible mining experience for Antminer customers.”

QuadrigaCX CEO Revealed His Method of Crypto Storage in a Podcast Interview

Credit Card Fees Increase, Bitmain Vulnerability, Gift Platform Swych Accepts Crypto

In a previously recorded episode of True Bromance Podcast, Gerald Cotten, the late CEO of giant Canadian crypto exchange QuadrigaCX, which filed for creditor protection after he died and lost access to funds, explained the method he used to store crypto for the company. In February 2014, he declared, “What we do is we actually store them offline in paper wallets, in our bank’s vault in a safety deposit box because that’s the best way to keep the coins secure.”

MasterCard and Visa to Increase Credit Card Fees

Credit Card Fees Increase, Bitmain Vulnerability, Gift Platform Swych Accepts Crypto

Mastercard and Visa are reportedly increasing the fees they collect from merchants every time a customer pays with their cards. There are no concrete numbers, but this will surely increase some costs of goods and services. Fees will be rolled out in April to all merchants and banks that accept and issue credit and debit card payments.

Gift Platform Swych Starts Accepting Cryptocurrencies

Credit Card Fees Increase, Bitmain Vulnerability, Gift Platform Swych Accepts Crypto

Swych, a gift card platform integrating many vendors under a single banner, started accepting cryptocurrency payments in exchange for their gift cards. From now on, Swych users can buy a gift card and pay with Bitcoin Core, Bitcoin Cash, Ethereum, Litecoin or Ethereum Classic. Their CEO stated, “Swych hopes to be one of the first companies pioneering this new way to spend. We feel we are ahead of the game considering most retailers have not yet chosen to accept crypto payments.”

Hacked Facebook Accounts Used to Support Bitfinex

Credit Card Fees Increase, Bitmain Vulnerability, Gift Platform Swych Accepts Crypto

A post of an article by TrustNodes on Facebook criticizing the behavior of crypto exchange Bitfinex, during the Proof of Keys movement, drove a myriad of comments in support of the exchange while trashing the article. However, accounts used to dismiss concerns expressed in the article were almost all hacked accounts of people who do not even seem to know about cryptocurrencies.

Bitcoin.com Won’t Support BSV

The founder and CEO of Bitcoin.com, Roger Ver, announced he has already sold most of his Bitcoin SV (BSV) stash after the hard fork of Bitcoin Cash last year. He posted to the effect while answering a comment on a Reddit post, which included a reference to a CoinSpice article. He also wished BSV well, revealing his company won’t support the struggling crypto either.

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