An anonymous reader quotes CNBC: J.P. Morgan Chase, Bank of America and Citigroup said Friday they are no longer allowing customers to buy cryptocurrencies using credit cards. “At this time, we are not processing cryptocurrency purchases using credit cards, due to the volatility and risk involved, ” a J.P. Morgan Chase spokesperson said in a statement to CNBC. “We will review the issue as the market evolves.” A Bank of America spokesperson also said in an email that the bank has decided to decline credit card purchases of cryptocurrencies. Citigroup said in a statement that it has “made the decision to no longer permit credit card purchases of cryptocurrency. We will continue to review our policy as this market evolves.” Earlier in January, Capital One Financial said it has decided to ban cryptocurrency purchases with its cards. Discover Financial Services has effectively prohibited cryptocurrency purchases with its credit cards since 2015. Read more of this story at Slashdot.
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Five Major Credit Cards Are Now Blocking Cryptocurrency Purchases
From a CNET report: Next to DJ Tiesto’s loud image on Wet Republic’s website sits a photo of a bikini model with a beard and an eye patch, with a simple message: “It’s all out war.” Not exactly the type of message you’d expect from a spot that advertises itself as a dance club that doubles as a pool party, but when hackers are in town for Defcon, everything seems to be fair game. The hacker convention, which is in its 25th year in Las Vegas, typically has hotels on alert for its three days of Sin City talk, demos and mischief. Guests are encouraged not to pick up any flash drives lying around, and employees are trained to be wary of social engineering — that is, bad guys pretending to be someone innocent and in need of just a little help. Small acts of vandalism pop up around town. At Caesars Palace, where Defcon is happening, the casino’s UPS store told guests it was not accepting any print requests from USB drives or links, and only printing from email attachments. Hackers who saw this laughed, considering that emails are hardly immune from malware. But the message is clear: During these next few days, hackers are going to have their fun, whether it’s through a compromised Wi-Fi network or an open-to-mischief website. Wet Republic’s site had two images vandalized, both for the “Hot 100” party with DJ Shift. The digital graffiti popped up early Friday morning, less than 24 hours after Defcon kicked off. Read more of this story at Slashdot.
A US online pet store has exposed the details of more than 110, 400 credit cards used to make purchases through its website, researchers have found. From a report on ZDNet: In a stunning show of poor security, the Austin, TX-based company FuturePets.com exposed its entire customer database, including names, postal and email addresses, phone numbers, credit card information, and plain-text passwords. Several customers that we reached out to confirmed some of their information when it was provided by ZDNet, but did not want to be named. The database was exposed because of the company’s own insecure server and use of “rsync, ” a common protocol used for synchronizing copies of files between two different computers, which wasn’t protected with a username or password. Read more of this story at Slashdot.