Pay With Bitcoin For This 'Unbreakable' Mobile Network: But Can It Stop SIM Swaps?
Portfolio Pulse from Murtuza Merchant
Cloaked Wireless announced the launch of a new suite of services aimed at protecting users from SIM swap and port-out attacks, allowing payment in Bitcoin. This makes it one of the first U.S. wireless service providers to accept cryptocurrency. The company emphasizes user privacy, minimal data collection, and advanced authentication technologies to combat mobile security breaches. Cloaked Wireless operates as an MVNO and offers free lifetime service to key Bitcoin core developers, highlighting its commitment to secure communication and support for the cryptocurrency community.
March 06, 2024 | 10:34 pm
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Cloaked Wireless now accepts Bitcoin for payments, supporting secure transactions and highlighting the company's commitment to the cryptocurrency community.
Accepting Bitcoin as a payment method can potentially increase the demand for Bitcoin as it becomes more integrated into everyday transactions, especially in the context of enhancing mobile security. This move by Cloaked Wireless could be seen as an endorsement of Bitcoin's utility and security, possibly influencing its short-term value positively.
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