Cryptocurrency News Today TheBitTimes.com

Apple faces a class-action lawsuit alleging the tech giant conspired to limit peer-to-peer payment options on its devices and blocked the integration of crypto technology in iOS payment apps. The lawsuit, lodged on Nov. 17 in a California District Court, accuses Apple of conspiring with major payment platforms like PayPal’s Venmo and Block’s Cash App to limit the use of decentralized cryptocurrency technology in iOS payment applications. Suit claims Apple limits use of decentralized payment tech | Source: PACER According to the complaint, these agreements have led to a lack of feature and price competition in the market, particularly by preventing the integration of decentralized cryptocurrency technology in both existing and new iOS Peer-to-Peer (P2P) Payment apps. The plaintiffs argue that this has resulted in consumers paying inflated prices due to Apple’s control over the iOS P2P payment market. You might also like: Apple and Google can undermi...

MoonPay has announced a partnership with Mastercard, targeting Web3-based experiential marketing, or new ways to connect with Mastercard's consumers. Global payment giant Mastercard continues exploring crypto currency benefits through a new collaboration with crypto payment platform MoonPay. MoonPay officially announced on Oct. 25 a partnership with Mastercard aiming to jointly explore how Web3 tools can improve experiential marketing, or new ways to connect with Mastercard's consumers. The firm also took to X (formerly Twitter) to report that MoonPay’s enterprise president Keith Grossman and Mastercard's chief marketing and communications officer Raja Rajamannar announced the collaboration at Money20/20 in Las Vegas. MoonPay’s partnership announcement with Mastercard. Source: X (formerly Twitter) “Mastercard will take advantage of MoonPay's entire Web3 portfolio, including auth to minting to ETHPass and more as well as work closely with our agency, Otherlife, for s...