Author: Anna Galvez

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Crypto News

CoinTree and Gobbill Teamed Up To Allow Australian Citizens Pay Their Bills With Cryptocurrency

Australian citizens who wish to pay their bills with cryptocurrency will have a new option to make these types of payments, thanks to an alliance between the CoinTree crypto exchange platform and Australia’s automatic payment and billing platform, Gobbill. According to the statement, the partnership will allow those interested in paying services and other household bills with cryptos to do so straightforwardly.

Australian citizens can pay their bills with cryptocurrency thanks to the alliance between CoinTree and Gobbill

Gobbill will perform the functions of an intermediary, using user funds and paying bills on their behalf, while CoinTree will allow the use of cryptos such as Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC), among others.

“We anticipate an increase in the number of customers who would like to pay their bills in cryptocurrency in the coming years. Our partnership with CoinTree will serve this market and ensure that Gobbill remains at the forefront when it comes to allowing our users to pay their bills automatically, knowing that they are protected against fraud and scams,” stated Shendon Ewans, Gobbill CEO.

Gobbill users will be able to link their cryptocurrency wallet to their accounts to pay their bills, using crypto of their choice. The service is mainly aimed at small businesses and households.

Also noteworthy, this is not the first service of its kind in Australia, as, since 2014, the Australian startup Living Room of Satoshi has made it possible to pay bills with cryptos, and the list of its permitted tokens has grown over time.

Australia is going through a significant growth regarding cryptocurrencies uses and blockchain technology

In early August, Australian entrepreneur Fred Schebesta announced his intentions to create a cryptocurrency bank that could start operations in 18 months. The purpose would be to encourage cryptos ecosystem growth through loans.

Besides, in June, the Australian Tax Office (ATO) said it would identify investors in cryptocurrency to prevent them from evading paying taxes related to the purchase and sale of crypto assets.

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Crypto News

US FINRA Released Some Tips For Investors To Avoid Fraudulent ICOs

The US Financial Industry Regulatory Authority (FINRA) published an update on its website on August 16th with a series of tips for investors on how to avoid fraudulent Initial Coin Offerings (ICOs). The aim of the publication, according to FINRA, is to generate an alert about the implications of investing in digital assets, such as tokens or cryptocurrencies, and to make clear the differences between this type of investment and those made in more traditional assets, such as stocks and bonds.

The agency says that investments in Initial Coin Offerings or ICOs can represent a challenge, due to the difficulties in verifying the information they offer. The dangers inherent in market volatility, speculative risk and the potential for fraud are also mentioned. However, it also recognizes the potential of these instruments to develop legitimate innovations. Thus, in addition to explaining what ICOs are and how they issue new cryptocurrencies, the publication provides advice to investors to help them make decisions.

FINRA’s publication has an intertitle entitled “7 things you should know now about ICOs” which speaks at first of the lack of ICOs regulation and the lack of legal protection for investors in such business models, which exposes them to fraudulent schemes and deceptive tactics, with little chance of recovering their money.

FINRA states that some ICOs are using Simple Agreements for Future Tokens (SAFTs) to offer new crypto tokens to the public

“SAFTs are investment contracts that appear to be modeled after SAFE (Simple Agreement for Future Equity), contracts that arose with value-based crowdfunding. Be aware that investing in a SAFT contract does not mean that the offer is “secure” or that it complies with applicable federal and state laws,” stated FINRA.

It is clarified that in a SAFT the issuer announces that the token will begin as a security token, subject to federal securities laws, but will then be transformed into a utility token, outside of these laws. FINRA notes that, regardless of what a company says, there is no guarantee.

On the other hand, FOMO (fear of missing out), meaning the fear of losing something or being left out of something, is a form of anxiety that has proliferated with the technological boom. It arises among social network addicts and also among ICO traders and investors. FINRA states that studies are confirming that many decisions are made by FOMO, regardless of market fundamentals, project development forecasts and the nature of the tokens.

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Tech

Exploding iPad Led To The Evacuation Of An Apple Store In Amsterdam

An exploding iPad led to the evacuation of an Apple store, more specifically, one of the most impressive retail locations in Apple’s portfolio. The event took place in an Apple Store in Amsterdam where an iPad battery exploded and released toxic substances into the store. The employes requested firefighters to intervene and medical help as some of the people inside the store needed medical care.

Apple employees were very operative during the event, immediately succeeding in securing the exploded device in a sandbox. However, all customers have been evacuated, and the downtown shop in the Dutch capital has been closed for a while.

The iPad exploded due to a perforated battery

It is not known whether the tablet was in service for the perforated and faulty battery or the accumulator was in such condition due to the intervention of an Apple service employee who disassembled the gadget to fix it.

However, according to online reports about the event, Apple employees quickly acted to mitigate the situation, but it was still necessary for the firefighters to intervene. It is important to note that the explosion did not result in a fire and no casualties have been recorded.

This exploding iPad is not the first event involving explosions of Apple devices

Unfortunately, three Apple employees needed medical care because they were having difficulty breathing correctly. But, luckily, assisted by the firefighters the employees managed to ventilate the location correctly, to eliminate the dangerous vapors resulted from the exploding iPad.

That is not the first such event to take place in an Apple Store, and it is not the first one of this year. Two more explosions, both caused by iPhone batteries, led to the evacuation of two Apple Stores, one in Switzerland and another one in Spain. Fortunately, those cases also ended up without casualties.

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Tech

Huawei Mate 20 Images Leaked By XDA Developers Based On Official Firmware Files

The renderings published a few minutes ago by XDA Developers, which show what the Huawei Mate 20 could be like, revealed that the next high-end phablet of the Chinese company would come to market with a totally revamped look, from the notch to the camera. These are not randomly generated images or based on some of the many rumors about the smartphone that have appeared on the Internet in recent days, but the XDA Developers, based on the firmware files of the Huawei Mate 20, obtained a few weeks ago, have been able to shape, both internally and externally, the upcoming smartphone.

According to the data obtained, this would be the design of the Huawei Mate 20, slightly inspired by the Essential Phone but with a surprise on the back.

Huawei Mate 20 – Technical Specs

But it’s not only the design of the smartphone that XDA Developers revealed today. Accordingly, the Huawei Mate 20 would come out with a 6.3-inch AMOLED display with FullHD resolution.

Under the hood, the upcoming flagship smartphone from Huawei would boast a HiSilicon Kirin 980 CPU, 6 GB RAM, 128 GB, and Android 9 Pie to motorize the device.

Also, the phone will have a triple camera system on the back and USB-C connectivity.

Huawei Mate 20 to come with a breathtaking design

The images have been developed without taking into account the dimensions of the telephone, as this information has not yet been disclosed. On its backside, however, the upcoming Huawei mate 20 would house a triple camera and probably a fingerprint sensor. However, it is quite likely that, eventually, Huawei will decide to place the fingerprint sensor under the screen.

As regarding the triple camera setup, we are surprised by the squared arrangement the Huawei mate 20 boasts, which has never been seen before on any other smartphone, showing that Huawei still wants to innovate. Also, the rear part of the smartphone would be made of glass, allowing the smartphone to be charged wirelessly.

The Huawei Mate 20, which would arrive along with its Huawei Mate 20 Pro and Huawei Mate 20 Lite versions, it is expected to be announced during the upcoming weeks.

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Tech

Latest Samsung Galaxy S10 Rumors Talk About 5G Support, Ultrasonic Fingerprint Reader, Triple Camera

The recently-released Samsung Galaxy Note 9 came out with only a few technological advancements, but the future Samsung Galaxy S10 would be revolutionary and might roll out with a whole bunch of new features. However, many rumors on what it will bring came out over the time, but the latest Samsung Galaxy S10 rumors indicate that the upcoming flagship smartphone would have 5G support, ultrasonic fingerprint reader, and triple camera.

Will Samsung Galaxy S10 roll out with 5G support?

According to a ValueWalk report, Samsung plans on releasing its first 5G smartphones in 2019 to get the momentum of the 5G buzz expected next year. However, S10 might not be the first smartphone released by Samsung with 5G support.

As stated by DJ Koh, Samsung’s mobile business head, Samsung Galaxy S10 would not be the first 5G smartphone of the Korean company, but he did not mention which would be the first one.

Samsung patented an ultrasonic fingerprint reader

During a conference held in China, the same DJ Koh mentioned that the next year’s Samsung flagship smartphone, Galaxy S10, would replace the current optical fingerprint sensors with the newly patented ultrasonic fingerprint sensor technology.

According to the US Patent and Trademark Office (USPTO), the Samsung’s ultrasonic fingerprint reader would contain an ultrasonic transmission/reception module that can activate an area of the display to “read” the fingerprint. Also, the new technology would employ different scan frequencies to register the data.

Additionally, another rumor in this regard said that only the upcoming Samsung Galaxy S10 Plus would come out with this new system.

One Samsung Galaxy S10 rumor suggests a triple camera setup

Allegedly, some inside sources stated that the Samsung Galaxy S10 triple camera setup would be made of a 13 MP sensor, a 12 MP wide-angle lens, and a 16 MP super-wide angle lens.

While Samsung would implement a triple camera setup on Galaxy S10 for the first time, the Korean company also plans to install such a system on the late-2019 Galaxy A models.

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