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$USDC 💥💥Coinbase Unveils Stablecoin Checkout on Shopify, Advancing Crypto Payments in E-Commerce Coinbase has taken a bold step toward reshaping online commerce by launching a stablecoin payment stack for merchants worldwide. This move enables global businesses to accept 24/7 USDC payments without dealing with blockchain complexities. The system is already live with Shopify, reaching millions of merchants without requiring extra configuration. This expansion comes amid growing interest in crypto-based payments across industries. Coinbase aims to make stablecoin payments simple, fast, and accessible for platforms of all sizes. 👉Stablecoin Payments Reach Shopify via Coinbase Coinbase announced its latest product, Coinbase Payments, a full-stack infrastructure for USDC transactions across global e-commerce platforms. According to a company update published on June 18, the system is now integrated into Shopify’s merchant ecosystem. Shopify’s CEO, Tobi Lütke, confirmed that early access to stablecoin payments began on June 12, with broader availability expected throughout the year.
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#CryptoStocks 🐷🐳Fall for a Crypto Scam? The FBI Might Help You Get Your Money Back💵 In a rarity, the US is moving to claw back $225 million that victims lost to cryptocurrency investment scams, which continue to hit unsuspecting consumers. On Wednesday, the Justice Department filed a civil forfeiture complaint in a US district court to recover $225.3 million in Tether cryptocurrency from seven virtual currency addresses. The goal is to return the funds to the rightful owners; the list includes at least 430 victims, according to the Justice Department’s complaint. Cryptocurrency exchange OKX contacted law enforcement about a large network of virtual currency accounts that appeared to be laundering the stolen funds. “Law enforcement interviewed approximately 60 of those victims, who collectively lost approximately $19 million in cryptocurrency to scammers,” the Justice Department’s 75-page complaint says. The $225 million is only a fraction of the billions US consumers have lost to cryptocurrency investment schemes, also known as pig butchering. The scams can often arrive as a text message or an online chat from a stranger, who’s seeking friendship or even a romantic relationship. The scammer will then build up a rapport with the victim before manipulating them into investing in a fake cryptocurrency investment scheme that's actually a vehicle to steal their funds.
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