Tag Archives: wallet’

Cryptocurrency LIVE: BTC, ETH and DOGE prices rebound after ‘dormant wallet wakes up’

China’s bitcoin production fell sharply before a Beijing’s recent crackdown on cryptocurrency mining, according to research from the University of Cambridge.

Xi Jinping’s nation has long been the centre of global cryptocurrency mining but recently the government has cracked down on the industry.

However, the research found the decline in Chinese mining power came ahead of a crackdown by China’s state council, or cabinet, on bitcoin mining and trading in late May, citing underlying financial risks.

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This post originally posted here Daily Express :: Finance Feed

PayPal eyes launching cross-border payments wallet in China

Author RT
This post originally appeared on RT Business News

US fintech giant PayPal plans to set up a local wallet in China, focusing on cross-border payments instead of competing with dominant domestic players, said the firm’s China CEO Hannah Qiu.

Qiu told a panel session at the Boao Forum for Asia that PayPal’s overseas market has a large network with more than 20 million enterprises and over 377 million individual users.

She added that the company’s main business at the moment is to help small and medium-sized Chinese firms sell goods overseas more efficiently and conveniently, and then help those sellers get the money back.
Also on rt.com Cryptos stride further into mainstream as new PayPal feature lets users pay with bitcoin, ethereum & more
PayPal will not compete with Alipay and WeChat Pay (which account for a combined 94% of China’s domestic mobile payment market) but will cooperate with them instead, the CEO said, adding: “Our future business is mainly on cross-border transaction.”  

In January, PayPal finished its acquisition of China’s payment gateway GoPay with 100% ownership. It thus became the first foreign company licensed to provide online payment services in China.

For more stories on economy & finance visit RT’s business section

iPhone owners will NEVER lose their keys or wallet ever again …for a price

Apple has announced a small tracking gadget known as AirTag, which will be available later this month. The small device – which is about the size of a Galaxy Minstrel chocolate – can be attached to your wallet, keys, sunglasses, or anything else. These items will then appear in the Find My app on your iPhone or iPad. Nifty, eh?
Apple already uses Find My to allow customers to track their Apple-branded gadgets, including the iPhone, AirPods, MacBook, and iPad. The Californian company recently opened up the app to third-parties, with electric bike manufacturers – like the award-winning VanMoof – jumping at the chance to add the ability to track their bikes from within the same app.

And now, you’ll be able to keep tabs on your keys from the same app too.

Each round AirTag is built from polished stainless steel. There’s a built-in speaker, which can play sounds to help you locate a mislaid AirTag, while a removable cover makes it easy for users to replace the battery when it runs out. AirTag uses the same setup experience as AirPods – just bring AirTag close to your iPhone and it will connect and pair to your Apple Account, where it will be accessible from all of your Apple devices.

During the set-up, you’ll be able to assign AirTag to an item and name it with a default like “Keys” or “Jacket,” or provide a custom name of their choosing. There’s also some fun icons to help differentiate between your tracked items visually too, with small illustrations of keys.

If you own an iPhone 11, 11 Pro, iPhone 12 or 12 Pro, Apple will offer some pretty precise directions when tracking an AirTag. You’ll get a direction on-screen that points you in the right direction and an estimated distance to the item. So, whether you’re hunting for your keys inside the house, or looking for a wallet that fell out of your pocket in the park… you’ll be able hold your iPhone in front of you and know the exact distance and direction to your misplaced belongings.

If you don’t have a newer model of iPhone, you won’t have these turn-by-turn directions. Instead, you’ll be able to see the lost item on a map (provided by Apple Maps, naturally).

And don’t worry about your keys falling into water. AirTags are designed to be IP67 water-resistant. That certification means it’s able to survive (and continue broadcasting its location to your iPhone, so you can retrieve it) for around 30 minutes in up to a depth of one metre. Apple fans can also ask Siri to find their item, and AirTag will play a sound if it is nearby.

If AirTag is separated from its owner and out of Bluetooth range, the Find My network can help track it down. The Find My network is approaching a billion Apple devices and can detect Bluetooth signals from a lost AirTag and relay the location back to its owner, all in the background, anonymously and privately.

Users can also place AirTag into Lost Mode and be notified when it is in range or has been located by the vast Find My network. If a lost AirTag is found by someone, they can tap it using their iPhone or any NFC-capable device and be taken to a website that will display a contact phone number for the owner, if they have provided one.

AirTags will cost $ 29 in the United States, with UK pricing coming soon. Apple will also sell a four-pack of its AirTags – as let’s face it, we’ve all got more than one item that we’re constantly searching for before we can leave the house – for $ 99. AirTags will be available on April 30, 2021.

Apple lets you customise the design with emojis at check-out too. Like other engraving options available from the online Apple Store, it’s completely free.

“We’re excited to bring this incredible new capability to iPhone users with the introduction of AirTag, leveraging the vast Find My network, to help them keep track of and find the important items in their lives,” said Kaiann Drance, Apple’s vice president of Worldwide iPhone Product Marketing. “With its design, unparalleled finding experience, and built-in privacy and security features, AirTag will provide customers with another way to leverage the power of the Apple ecosystem and enhance the versatility of iPhone.”

Apple also used the event to announce a redesigned iMac powered by its own custom-designed processor, a new colour for the iPhone 12, and a new Apple TV set-top box.

This article originally appeared on Daily Express :: Tech Feed

Ryanair launches passenger ‘COVID-19 wallet’ predicting holidays will return ‘by June'

Irish-airline Ryanair has introduced a new COVID-19 travel wallet which aims to help make travel more streamline amid ongoing Covid regulations around the world. The wallet will be part of the Ryanair app, allowing customers to upload required documentation for whichever nation they are visiting.
With many countries now requiring negative COVID-19 tests, as well as potential evidence of vaccination in the future, the airline offers the wallet as a place for customers to store all of these documents in one place.

The airline remains hopeful the roll-out of vaccination programmes across Europe will see the return of summer holidays across the continent.

Furthermore, Ryanair says it is “confident” the EU’s vaccine programme will see the removal of “current EU travel restrictions in time for the school holidays” which run from June to September.

In light of this, the budget carrier says the wallet will make “air travel as seamless as possible for customers this summer”.

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However, the airline says it is “mindful that additional Covid travel documents may be required by certain EU countries and Ryanair’s new COVID-19 Travel Wallet ensures passengers have all their COVID-19 travel documents saved and secure in one place to present at airports on their next getaway”.

Ryanair’s director of marketing, Dara Brady, said: “We are very pleased to launch this Ryanair COVID-19 Travel Wallet as we prepare for the return of family holidays in Summer ‘21.

“Many Ryanair customers will be taking their first holiday in over a year, adhering to new travel guidelines and this COVID-19 Travel Wallet allows customers to store all of their Covid documents such as PCR test results, passenger locator forms and vaccine certificates in the one location with zero fuss or paperwork to worry about.”

The airline already has a full schedule of flights on sale for the summer months.

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One-way seats start as low as £19.99 to select destinations.

The airline is also continuing its “zero change fee” for customers who are unable to fly on their originally planned dates.

Customers who book travel before March 31, 2021, for travel before October 31, are able to make two flights changes free of charge.

“Ryanair’s Summer 2021 schedules are already on sale – subject to changing Government travel restrictions – and we believe that once the high-risk and elderly population of Europe is vaccinated by the end of May or June, travel restrictions will be relaxed and air travel will experience a bounce back from pent-up customer demand that will see European families travelling again for well-earned Summer holidays to the beaches of Spain, Italy, Portugal and Greece this summer,” said Mr Brady.

However, those who have not been vaccinated will have to show proof of a negative Covid test.

Travellers with antibodies will also be permitted to enter.

“We aim to open tourism by May 14 with specific rules and updated protocols,” Theoharis told the IBT Berlin tourism fair.

“Until then, we will gradually lift restrictions if conditions allow.”