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Tag: FOMO Pay

Shiba Inu (SHIB) Community Targeted in Elaborate Scam Exploiting Fear of Missing Out (FOMO)
Shiba Inu

Shiba Inu (SHIB) Community Targeted in Elaborate Scam Exploiting Fear of Missing Out (FOMO)

In a shocking and alarming development, members of the Shiba Inu (SHIB) community find themselves at the centre of a highly sophisticated scam that capitalizes on the "fear of missing out" (FOMO) mentality. Using advanced tactics and leveraging social media platforms, scammers have successfully deceived unsuspecting victims, leading them to unwittingly part ways with their valuable SHIB tokens. Read Also: Terra Classic (LUNC) Surges to New Heights, Sparking Hopes of a Full Recovery The Sinister Ploy of 'Paper Hand' and 'Diamond Hand' The scam revolves around fraudulent websites claiming to calculate earnings for SHIB holders based on the coin's volatile price history. Aggressively promoted on social media, these websites entice users to connect their cryptocurrency wallets to check th...
FOMO Pay To Use Ripple’s On-Demand Liquidity (ODL) Technology To Enhance Its Treasury Payments
Blockchain

FOMO Pay To Use Ripple’s On-Demand Liquidity (ODL) Technology To Enhance Its Treasury Payments

In a Monday update by Ripple, a blockchain company announced its partnership with FOMO pay, one of the leading payment institutions in Singapore. With this collaboration, FOMO Pay will be able to enhance its treasury remittances via Ripple’s On-Demand Liquidity (ODL) technology and gain persistent proximity to liquidity for the euro and the U.S. dollar. Long before the partnership of FOMO Pay with Ripple, the transaction of the company has to wait days to reach the destination account due to the inefficient mode of payments. Fortunately, the partnership has turned the table, FOMO Pay now has all-time access to the liquidity for euro and USD through their leveraging ODL for treasury payment. As stated by Louis Liu, the founder, and CEO of FOMO Pay: “As one of the leading payment i...