• Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News
    Cboe Announces Launch of Bitcoin, Ethereum Futures

    Cboe Announces Launch of Bitcoin, Ethereum Futures

    Michael Saylor Predicts Bitcoin Could Hit $150,000 by 2025

    Michael Saylor Predicts Bitcoin Could Hit $150,000 by 2025

    Kazakhstan President Initiates Strategic Bitcoin Reserve Plan

    Kazakhstan President Initiates Strategic Bitcoin Reserve Plan

    South Africa's Altvest Capital Rebrands, Aims to Raise $210M for Bitcoin

    South Africa’s Altvest Capital Rebrands, Aims to Raise $210M for Bitcoin

    El Salvador Purchases 21 Bitcoin for Bitcoin Law Anniversary

    El Salvador Purchases 21 Bitcoin for Bitcoin Law Anniversary

    El Salvador Marks Bitcoin Law Anniversary with BTC Purchase

    El Salvador Marks Bitcoin Law Anniversary with BTC Purchase

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar
    Upbit Launches Giwa Ethereum Layer-2 Testnet Chain

    Upbit Launches Giwa Ethereum Layer-2 Testnet Chain

    AgriDex Reports Significant Growth in African Agricultural Blockchain Trading

    Solana-Based AgriDex Reports $9M Stablecoin Trades in Africa

    Solana-Based AgriDex Secures $9M in African Stablecoin Trades

    Solana-Based AgriDex Secures $9M in African Stablecoin Trades

    AgriDex Processes $9 Million in Stablecoin Trades in Africa

    Solana-Based AgriDex Trades $9M in African Markets

    AgriDex Expansion in African Markets

    Solana’s AgriDex Registers $9M Stablecoin Trades in Africa

    AgriDex's Impact on Agricultural Trades

    Solana-Based AgriDex Sees $9M in Stablecoin Trades

    Trending Tags

    • Ethereum
    • Bitcoin Cash
    • Litecoin
    • Monero
    • Ripple
  • Crypto 101
    • All
    • Cryptocurrencies
    • Exchanges
    • Services
    • Wallets
    Benefits Of Choosing the Right AI Trading Bot

    4 Benefits Of Choosing the Right AI Trading Bot

    Crypto Trading

    A Beginner’s Guide to Crypto Trading: Unlocking the World of Digital Coins

    BitcoinGames.com

    BitcoinGames.com Introduces the Ultimate Casino Gaming Experience with Bitcoin

    How AI is Helping Athletes and Fans Get the Most out of the Game

    From Training to Judging, AI is Entering the Ring

    Top 5 Websites for Buying Gift Cards with Crypto

    Clutch Savours – Gift Certificates You Can Buy with Crypto

    Layer 2 Blockchains

    Everything You Need To Know About Layer 2 Blockchains

  • Blockchain Events
No Result
View All Result
Blockchain & Cryptocurrencies Tabloid
No Result
View All Result

Samsung Declares It Doesn’t Cooperate with Lithuanian Blockchain-Based Platform CopPay

Adriana M. by Adriana M.
July 24, 2018
in Altcoin News, Bitcoin News, Ethereum, Finance & Blockchain, Latest News, Litecoin, Ripple
android 1814580 960 720

Korean giant Samsung denied the collaboration with Lithuanian blockchain-based startup CopPay on accepting cryptocurrency payments.

As reported on 20 July by TheCCpress, “Lithuanian company CopPay announced [today] that citizens based in Tallinn, Riga, Vilnius, and Kaunas will soon be able to acquire Samsung products, including smartphones, tablets, laptops, TVs, and others with crypto assets“. It seems everything was a lie.

A report published by thenextweb.com has created a wave of misunderstandings among fans of Samsung products. “The CopPay deal turned out to be fake,” wrote author David Canellis. According to him, the news linking Samsung technology giant to blockchain platform CopPay is false – Samsung confirming it- “our official response is that the rumor is not true”.

CopPay promised support for Bitcoin and six altcoins

Last week it was announced that Samsung will accept the following cryptocurrencies: Bitcoin (BTC),  Ethereum (ETH), Ripple (XRP), Litecoin (LTC), Dash (DASH), NEM (XEM) and Steem (STEEM)

“There is a growing trend toward business digitalisation and allowing customers to pay for goods and services in cryptocurrency, whether at global retailers or local restaurants,” CopPay claimed.

According to Medium (archived version of the article), CopPay announced that “Customers in Tallinn, Riga, Vilnius and Kaunas can buy Samsung smartphones, tablets, laptops, TV-sets, and more with digital money”.

The article went on stating that “the crypto-payment feature will be available soon at Samsung’s internet stores”.

The news about the coalition between the two companies was quickly spread by crypto news outlets, including Cointelegraph and Bitcoin News. Hence, the information was found to be fake, remaining a mystery which could have been the reason to make such a statement before the information is clear (even if a possible collaboration was true). Before the article was written on thenextweb.com, the team contacted CopPay to find out more details, but no explanation was received.

We can consider this misunderstanding as a hint given to technological giant Samsung. Even so, the Korean company does not seem to be currently interested in providing support for cryptocurrencies.

Tags: altcoinsBitcoinBlockchainBTCCopPayCryptocurrencyDashETHEthereumLitecoinLithuaniaLTCNEMRippleSamsungSteemtechnologyXEMXRP
Previous Post

SEC Reveals User Sentiment Regarding Bitcoin ETF Request

Next Post

Google is One Step Closer to Entering the Blockchain Space

Adriana M.

Adriana M.

Related Posts

Eric Trump's Alt5 Sigma Board Removal and Market Repercussions

Eric Trump Removed From Alt5 Sigma Board

by Solomon M.
September 9, 2025

Eric Trump removed from Alt5 Sigma board in compliance with Nasdaq rule review after $1.5B deal.

CLARITY Act: Senate Moves for Regulatory Oversight in Digital Assets

Senate Democrats Unveil Bipartisan CLARITY Act Framework

by Solomon M.
September 9, 2025

Senate Democrats propose the CLARITY Act to enhance digital assets regulation and expand CFTC authority.

BlackRock Transfers $300M in ETH and BTC to Coinbase

BlackRock Transfers $300M in ETH, BTC to Coinbase Prime

by Solomon M.
September 9, 2025

BlackRock sends $300 million in Ethereum and Bitcoin to Coinbase Prime, indicating strong institutional interest.

Cboe Announces Launch of Bitcoin, Ethereum Futures

Cboe Announces Launch of Bitcoin, Ethereum Futures

by Solomon M.
September 9, 2025

Cboe Global Markets to introduce continuous Bitcoin and Ethereum futures, pending regulatory approval.

Donald Trump Calls for Significant Fed Rate Cut

Trump Suggests 100 BPS Fed Rate Cut

by Solomon M.
September 9, 2025

Donald Trump proposes a 100 basis points Federal Reserve rate cut ahead of the FOMC meeting, impacting markets.

Tokenized Assets Reach Record $290 Billion AUM Mark

Tokenized Assets Reach Record $290 Billion AUM Mark

by Solomon M.
September 9, 2025

AUM of tokenized assets hits $290B, led by institutional adoption and Ethereum's infrastructure.

We Recommend

Top Rated Casinos
Bitstarz Casino

BitcoinCasino.io
Top Crypto Betting
1xBit.com
Top Rated Exchanges
Binance Exchange

Bityard.com
Top Advertising Services
Coinzilla Display Network
Top Crypto Wallets
Ledger Nano X

  • Terms and Conditions
  • Privacy Policy
  • Advertise
  • About Us
  • Contact Us

© 2018-2019 theccpress.com by Brantell Media.

No Result
View All Result
  • Finance & Blockchain News
  • Bitcoin News
  • Altcoin News
  • Crypto 101
  • Blockchain Events

© 2018 - 2019 theccpress.com, a Brantell Media project.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.