CoinsPaid Official Channel - ENG

2023-01-19 09:59:33 Last year there were many scandals in the crypto industry surrounding security, or lack of it to be more accurate.

Security should not be seen as an added benefit to a platform, but rather the most important part of the foundation, because without security nothing else matters.

Because we take security extremely seriously here at CoinsPaid we undergo an annual security audit by multiple independent security experts Hacken and 10Guards.

Throughout assessments they extensively run tests of CryptoProcessing.com and wallet solutions using a methodology in accordance with the OWASP Web Application Security Testing Guidelines where they used test models, manual methods, and automated tools.

As a result of their examinations they did not find any vulnerabilities and gave CoinsPaid a security rating of 10/10.

Aside from these organizations we also employ a department whose duties include detecting and preventing any threats at an early stage.

Security is our #1 priority and it always will be. Open / Comment

2023-01-13 21:31:08 In this latest episode of the CryptoNews podcast, our CEO Max Krupyshev speaks about:

- 2023 crypto trends
- 2022 crypto year in review
- the growing popularity of crypto payments
+ much more

Listen to the podcast below and let us know what you think!

https://podcasts.apple.com/ca/podcast/193-max-krupyshev-ceo-of-coinspaid-on-2023-crypto/id1559291408?i=1000592582216 Open / Comment

2023-01-12 15:54:02 Although the crypto community has had a rough year, keep in mind that all of these issues were due to mistakes and bad judgement by centralized companies rather than an inherent problem with digital currency technology.

For example, this summer’s collapses of crypto lenders Celsius and Three Arrows Capital, which caused about a 33B euro collapse , were largely due to their balance sheet being over leveraged and dependent on outside companies for their success.

When the large crypto project LUNA and its Stablecoin TERRA LUNA collapsed in May they brought down the entire crypto market, as well as caused the bankruptcy of a few exchanges including Voyager.
These problems are not native only to crypto - they occur in stock markets and various industries all around the world

Despite all of these events, interest in digital currencies is still increasing rapidly among both retail and institutional investors. Open / Comment

2023-01-05 12:21:19 Read the recent CoinsPaid December Q&A where we answer your questions ranging from token development, new partnerships, FTX bankruptcy, and CoinsPaid 2023 plans. Open / Comment

2023-01-04 15:16:49 Bitcoin mining is the process of creating new Bitcoins by solving complicated math problems that verify transactions in the currency. When a bitcoin is successfully mined, the miner receives a predetermined amount of Bitcoin as a reward for validating the network.

This process solves the ‘double spending’ problem which was a critical issue in developing the blockchain. If you had $20 in your wallet and you sent $20 you should now have $0. Double spending is when the network can't confirm that you sent the $20, meaning you can send it again.

Since Bitcoin mining is extremely expensive, costing between $15k-$35k per Bitcoin mined, many Bitcoin miners are popular in regions where energy cost is the lowest.

As of right the countries responsible for the most amount of money are the US , Kazakhstan , Russia , and Canada , but up until this year China was the world’s largest Bitcoin miner.

To learn more about crypto you can visit our Crypto Academy anytime at CoinsPaidMedia.com/academy Open / Comment

2022-12-30 10:43:30 On this last Friday of the year the CoinsPaid team wants to wish you a Happy New Year this weekend and a very successful 2023!

For all of us involved in crypto this was perhaps one of the craziest years in the industry since crypto was first created, and although we have had a long, rough crypto winter we are still building, hiring, and looking forward to what 2023 has in store for us.

Enjoy your weekend and we’ll see you next year Open / Comment

2022-12-28 18:25:13 In November we made some big updates for Latin American users as well as making a big change in the personal crypto wallet.

Find out what we accomplished in our November product update report below Open / Comment

2022-12-27 11:57:15 How did the Ethereum Merge affect crypto payments?

Max gives his insight into that question, based on what we have seen on the inside Open / Comment

2022-12-22 10:01:41 With New Years only a few days away we wanted to run one last contest for all of you to win something great before the year is over, and so 6 winners will win CPD Tokens!

1st place - 3K CPD (1 winner)
2nd place - 2K CPD each (2 winners)
3rd place - 1K CPD each (3 winners)

We are planning a very productive 2023 and we need your warm wishes!

HOW TO PARTICIPATE:

Subscribe to our Twitter @CoinsPaid and Telegram chat
Retweet this post and tag 3 friends
Post your wishes (your work - it can be a link to a video or just a photo, etc.) in the comments below this post and duplicate it in our Tg-chat

The contest runs until December 30 (10 a.m. CET). Winners chosen at 3 p.m. CET

TIP: The contest will be won by those who best congratulate the company. We will give priority to non-standard congratulations - for example, a story on Instagram where you draw the logo on the snow/ a Tik-Tok video/ your family photo with warm words for the company, etc.

Good luck everyone! Open / Comment

2022-12-20 17:17:52 After becoming a partner of CoinsPaid, Mirai Flights' revenue has increased by an outstanding 30% since adding a crypto payment option

Read about our latest partnership below

https://coinspaid.medium.com/mirai-flights-increases-revenue-by-30-with-coinspaid-crypto-solution-5f4adc5cd190 Open / Comment