Centbee wallet sends Bitcoin BCH to phone contacts ‘in just a few taps’

Sending Bitcoin Cash (BCH) to your family and friends is now “just a few taps” away, with the launch of Centbee’s Bitcoin BCH wallet app.

On Tuesday, the South Africa-based Bitcoin wallet provider rolled out the beta release of its Bitcoin BCH wallet, allowing users to send Bitcoin BCH to anyone from their phone’s contact list.

Lorien Gamaroff, co-CEO of Centbee, said the app’s key focus is to make sending Bitcoin BCH “as simple as possible.”

Centbee wallet sends Bitcoin BCH to phone contacts ‘in just a few taps’

“In just a few taps, users can send Bitcoin Cash to anyone, anywhere at the lowest possible cost,” Gamaroff said. “Bitcoin Cash will be adopted globally as the best way to pay, especially in Africa and other developing markets.”

The app has been in alpha testing since June. At the time, Testnet coins were provided as demo money so users can try out how the app works without using real money. With the beta launch, Centbee users can now transact using real Bitcoin BCH.

“We incorporated much of the feedback from user testing into the beta version of our wallet and are extremely confident of the final product. Centbee wallet is the easiest way to send money and consumers will immediately see the benefits of this fast, cheap and easy way to pay,” Centbee co-CEO Angus Brown said in a statement. “Cryptocurrency as a form of payment costs a fraction of what users would pay using their bank accounts, especially for cross-border payments. This is the future of money.”

Centbee was founded in 2016 by Gamaroff, an expert in blockchain technologies and cryptocurrencies, and Brown, who has 20 years of experience in payments and banking. With its promise of delivering a game-changing ecosystem replacement, Centbee has attracted high-profile investors from the blockchain field, including blockchain research and development firm nChain Group, which has taken an equity stake in the South African company through its investment entity nChain Reaction Ltd.

The Centbee wallet is available on Google Play Store and App Store.

Note: Tokens on the Bitcoin Core (segwit) Chain are Referred to as BTC coins. Bitcoin Cash (BCH) is today the only Bitcoin implementation that follows Satoshi Nakamoto’s original whitepaper for Peer to Peer Electronic Cash. Bitcoin BCH is the only major public blockchain that maintains the original vision for Bitcoin as fast, frictionless, electronic cash.

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25 apps hosting cryptojacking scripts found on Google Play Store

SophosLabs claims to have identified at least 25 Android apps published on the official Google Play Store containing scripts that facilitate cryptojacking activities on users’ computers.

In its report, the company noted that the apps in question have “been downloaded and installed more than 120,000 times.”

The report comes some two months after Google announced that it would no longer allow apps that mine cryptocurrency on devices. According to SophosLabs, the malicious malware were included in different applications—from educational to gaming and utility apps.

Out of the 25 apps, 22 were found to have an implementation of Coinhive’s code. The Coinhive script allows hackers to mine privacy-centric coin, Monero (XMR), without the knowledge of the device’s user. Meanwhile, Lighton and Mobeleader were discovered to have been hosting crypto mining scripts on their servers “presumably to thwart firewalls or parental controls/reputation services that might block Coinhive’s domain by default.”

Another app called A Paintbox for Kids was also found to have been running Xmrig, which was described as an open source CPU miner that can mine not just XMR but several other cryptocurrencies as well.

25 apps hosting cryptojacking scripts found on Google Play Store

Source: SophosLabs

According to SophosLabs report, apps containing the cryptojacking malware include Trance Droid by Happy Appys; Palkar by Palpostr.com; LHDS Vendors published by Taste of Life Group; Mobeleader from Abser Technologies; Helper for Knight Game from Evgeny Solovyov; and Dizi Fragmanları İzle from Oguzhan Kivrak.

The report also identified apps Game Viet 2048 from Thanhtu Media, Afterlife: RPG Clicker CCG by Levius LLC, Dominoes Games from Fun Board Games, A Paintbox For Kids by Uwe, Tapbugs and Dreamspell apps by Riccotz, Info Guru Pendidikan by Cakrawala Pengetahuan, and Lighton by Buyguard.

Meanwhile, 11 apps from Gadgetium were also found to contain an HTML page with a Coinhive-based miner. The apps were “preparation apps for standardized tests given in the U.S., exams such as the ACT, GRE, or SAT,” according to SophosLabs.

Google has clamped down on cryptocurrency activities that it deemed were harmful to customers. Earlier this year, Google banned the advertisement of cryptocurrencies and their related products. During this period, other platforms like Facebook and Twitter also banned cryptocurrency advertisements on their platforms. In April, some of Google’s platform like the Chrome Web Store banned cryptocurrency mining extensions.

Recently, it was reported that Google is planning to soften its stance on cryptocurrency. Google announced that it was going to update its crypto ads policy, as part of its bid to work more closely with regulated institutions in the United States and Japan.

Note: Tokens on the Bitcoin Core (segwit) Chain are Referred to as BTC coins. Bitcoin Cash (BCH) is today the only Bitcoin implementation that follows Satoshi Nakamoto’s original whitepaper for Peer to Peer Electronic Cash. Bitcoin BCH is the only major public blockchain that maintains the original vision for Bitcoin as fast, frictionless, electronic cash.

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