Tag Archives: Bitcoin

YouTubers are being hijacked for crypto scams

The feed, of course, was a scam—the real CZ wasn’t giving away free Bitcoins. Jicha had received an email to collaborate with Gamegloom.com, a fake site that promised to offer a video-game streaming service (like Google’s Stadia). In the email, Jicha was given an activation key for an application to stream PC games to mobile phones, but it was fake. In fact, Jicha had downloaded a keylogger; a service that tracks all the keys you enter on your computer. – Robert Stevens, Decrypt Media » https://ift.tt/2MTgqcY

DISH Network claims BitPay first for customer payments

DISH is migrating from its former payment processor to BitPay and customers can now use Bitcoin and Bitcoin Cash to pay for monthly subscriptions, as well as pay-per-view films and events. As a push transaction, a DISH customer sends the exact amount of Bitcoin or Bitcoin Cash needed to make one-time payments on mydish.com or DISH’s Hopper DVR. BitPay exchanges payments to US dollars at the moment of the transaction without cryptocurrency volatility risk. – Joseph O’Halloran, Rapid TV News https://ift.tt/2vN9eXl

Steam drops Bitcoin support due to volatility and $20 transaction fees

“In the past few months we’ve seen an increase in the volatility in the value of Bitcoin and a significant increase in the fees to process transactions on the Bitcoin network,” wrote Chinn. “For example, transaction fees that are charged to the customer by the Bitcoin network have skyrocketed this year, topping out at close to $20 a transaction last week — compared to roughly 20 cents when we initially enabled Bitcoin.” – Jeff Grubb, VentureBeat http://ift.tt/2jkBvhl

Imogen Heap is using digital currency tech to change music

[Imogen Heap’s] Mycelia project not only lets artists sell music directly to fans, but uses blockchains (the same technology behind digital currencies like Bitcoin) to get the kind of data that would normally require the help of a label. It’d include credits and usage rights, and could track things such as where and when people play a given tune — if a song is really popular with Australians, you’ll know it without asking anyone else. – Jon Fingas, Engadget

Why some Koreans make $10,000 a month to eat on camera

Mukbang is a Portmanteau word that combines the Korean word for “eat” (muok-da) with the word for “broadcast” (bang song). The top mukbang earners can earn as much as $10,000 a month by some accounts, not including sponsorships. The oddest part of their payment structure is that it’s not pay-per-view, ad-based, or salary-based. Rather, ordinary viewers voluntarily send their favorite BJs (which stands for Broadcasting Jockey, a uniquely Korean use of this acronym) money in the form of “star balloons”—a type of proprietary virtual currency that can be bought and sold with regular fiat cash. – Euny Hong, Quartz

Netflix Exec Suggests Streaming Video Giant Open to Bitcoin

“We’ll see where we go from here in the next 10, 15 years from a payments perspective, because countries still want to hold on to their monetary policy. But [it] sure would be nice to have bitcoin, in terms of a global currency, that you could use globally.” – CFO David Wells, Netflix via Stan Higgins, CoinDesk

Bitcoin Is Of High Value To Live-Streaming Apps Like MeVee

photo: The Merkle

While watching ads may seem like a natural order of selection during live-streamed events, there are plenty of consumers who are fed up with advertisements showing up during their content consumption. In fact, a lot of users will gladly pay a monthly subscription, or a small fee per stream, just to avoid those advertisements altogether. Bitcoin could prove to be a valuable ally in that regard, as the digital currency can be used on a global scale. Furthermore, most of the Bitcoin users access their funds from a mobile device already, and integration payment links to open up their Bitcoin wallet on the device wouldn’t take much effort at all. – JP Buntinx, The Merkle

BitGamer.tv: The Crypto Friendly Streaming Service

BitGamer.tv launched without much fanfare on February of this year, it’s the first streaming service whose donation system is completely based on crypto currencies. An avid gamer for most of his life and an active member of the DogeCoin community, Andrew saw an opening in the lucrative streaming market (in the somewhat-recent wake of Google’s $1 billion acquisition of Twitch.tv) and went to work in a frenzy, managing to prototype, get feedback and launch a beta version of his service including DogeCoin support in only two weeks. One of the platform’s coolest features so far is the ability for viewers to set challenges for the streamer, into which other users can jump in to increase the prize. – Alexander Cordova, Coinbuzz

Sidekik: Decentralized Video Streaming and Storage

The Sidekik app, which is accepting Bitcoin in its crowdfunding campaign, is intended to bring real-time accountability to law enforcement by streaming video and audio of encounters with police to MaidSafe. […] The app, which began its second stage of crowdfunding March 9, will do far more than just video and audio streaming. An army of attorneys is being built who will compete to be your representative if you happen to need them during an encounter with police. – Juan S. Galt, Bitcoin Magazine