Messaging Giant WhatsApp Allows Bitcoin and Litecoin Transactions

Asia Blockchain Review
June 5, 2019

WhatsApp, a leading messaging app owned by Facebook, is reportedly allowing users to send and receive cryptocurrencies on the platform, according to Coin News Asia.

A tweet from Zulu Republic revealed that WhatsApp users will soon be able to trade Bitcoin (BTC) and Litecoin (LTC) on the messaging platform, in a move that will open the crypto market to billions around the world.

“We are happy to announce that from today you can send and receive #bitcoin & #Litecoin on #WhatsApp via @liteim_official!” tweeted Zulu, a company touted as “an ecosystem of blockchain tools and platforms where people, businesses, and organizations thrive.”

The WhatsApp bot accepts Bitcoin, Litecoin, Ethereum (ETH), and Zulu’s ZTX, and the service is currently available to most users around the world.

However, WhatsApp continues to suffer from infrastructural security issues that might be a concern to its clients. Recently, it was revealed that hackers had been able to install Israeli spyware on iOS and Android smartphones using a single phone call through WhatsApp. This vulnerability on WhatsApp existed for weeks, before the company launched an update that supposedly fixed the issue.

“This attack has all the hallmarks of a private company known to work with governments to deliver spyware that reportedly takes over the functions of mobile phone operating systems,” WhatsApp said. “We have briefed a number of human rights organisations to share the information we can, and to work with them to notify civil society.”

Source: www.coinnewsasia.com


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