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Beam wallet has acquired Join, an app that allows users to shop and pay with stablecoins anywhere. The acquisition allows Beam wallet users to shop online at Amazon and Shopify among other merchants and pay using stablecoins. Beam has announced early access, with roll out expected in February. Eco, the developer of self-custody wallet Beam, has announced its acquisition of Web3 app Join, making it possible for Beam users to shop and pay for purchases online at Amazon and Shopify using stablecoins. According to an announcement the Beam wallet team made on Thursday, the acquisition of Join brings checkout onchain. This facilitates a better shopping experience for users without compromising on the benefits of decentralization, the platform said in a threat on X. 1/ BIG NEWS: we’ve acquired @join to enable shopping online with Stablecoin s. It’s time to bring checkout onchain. No more waiting for the rest of the world to catch up. Want to be the ...

Trader Joe has swiftly addressed a vulnerability in its analytics plugin, advising users to revoke access to a suspicious contract and restore safety. The popular decentralized exchange (DEX) Trader Joe, on Nov. 17 announced a security breach in its frontend interface.  The breach, identified in a third-party analytics plugin, potentially put numerous users at risk, leading to immediate action by the platform’s team. Important Security Alert We have been alerted to a possible vulnerability in our frontend interface. Our team is conducting an immediate and thorough investigation. We strongly advise all users to refrain from trading and from executing any transactions on the Trader Joe… — Trader Joe (@TraderJoe_xyz) November 17, 2023 Breach detection and immediate response According to the Trader Joe team, they discovered the vulnerability during a routine check, which revealed compromised JavaScript code in a third-party analytics tool.  Update Our team's ...

Strike CEO Jack Mallers admitted high fees for crypto purchase s with debit card but noted the firm is working to find a cheaper way. Bitcoin (BTC) payments firm Strike is rolling out its services globally, allowing users in 35+ countries to purchase BTC through its app with a debit card. Announcing Buy Bitcoin Globally Today, @Strike marches forward on its mission to democratize financial freedom around the world Our global users can now buy #bitcoin, cash out, shop, and more This is more than just an update; it’s a milestone! https://t.co/3IaYrWzkfY — Jack Mallers (@jackmallers) November 16, 2023 In a Medium announcement, Strike CEO Jack Mallers said the firm plans to launch the feature in 65+ countries where Strike is currently available. However, non-U.S. customers of Strike will have to pay a 3.9% fee on their buys. It is worth noting that the U.S. Strike does not charge fees for buying crypto. You might also like: Strike accused of alleged data breach Th...

Web3 platform Galxe experiences a security breach, as several users report losing access to their funds and wallets. Leading web3 community-building platform Galxe has suffered a security breach. Multiple users have report ed being unable to access their funds and wallets on the platform . The Galxe website is also down.  The platform has posted multiple cautions for users to disconnect their wallets from the platform and not to confirm any transaction. According to the latest information, the breach was the result of a DNS account conducted through the platform’s domain nameservers on Dynadot, a domain marketplace. Update: We’ve detected a security breach affecting the DNS record for “https://t.co/yxdPH0SijN” through our Dynadot account. Please refrain from visiting the site from all channels while we are resolving the issue. Your safety remains our utmost priority. — Galxe (@Galxe) October 6, 2023 Users have been urgently advised to transfer funds from their Galxe acco...

The crypto market strives to match the adoption rates of traditional payment systems, relying on solutions that deliver seamless and intuitive user experiences. While cryptocurrencies offer evident benefits like decentralization, borderless transactions at a low cost and unparalleled security, they still have to catch up with traditional payment systems in terms of user experience in order to enjoy the same adoption rate. Some major crypto exchanges have improve d their UX, but the market is still fragmented and difficult to navigate for novice users . Crypto users often have to manage several wallet addresses for each exchange separately. One of the worst-case scenarios in the space is sending crypto to the wrong address. While most crypto exchanges encourage users to copy the address with a single click, some users may still select the address and miss a letter or digit. The problem is that crypto transactions are irreversible, which is why the funds can be irretrievably lost. An...