Have It Your Way With Bitcoin: German Burger Kings Accepting BTC

Michael LaVere
  • Burger King Germany added bitcoin payments to their delivery website and mobile application. 
  • Unclear whether company will accept BTC at physical locations. 

Popular fast-food chain Burger King will allow customers to pay for their order in bitcoin in its Germany locations. 

German Burger Kings Accepting Bitcoin

According to the new development, German Burger Kings will accept BTC payments via its delivery website and mobile application.

Crypto community members first pointed out that Burger King’s official German website and mobile application had quietly added bitcoin as an accepted payment option. 

Bitcoin Germany Burger KingBurger King Germany accepting bitcoin on their delivery website.

However, it’s unclear whether the fast-food chain is planning to roll out the feature for its physical locations, which total over 600 stores across the country. Burger King could follow on the heels of Brazilian payment processor Cielo in integrating BTC payments for point-of-sale machines through the use of a QR code. 

Burger King has yet to comment on the most recent development, but this is not the first time the fast-food chain has been associated with bitcoin.

In 2017 the Russian version of Burger King announced that it would accept BTC for payments, and issued the somewhat tongue-in-cheek Whoppercoin virtual currency to commemorate the event. Bitcoin was also previously accepted by BK locations in Arnhem, the Netherlands. 

$3.1 million: Crypto Exchange Cashaa Hacked for 336 BTC

London-based cryptocurrency exchange Cashaa revealed it lost 336 bitcoin, at press time worth $3.1 million, to hackers who managed to access one of its cryptocurrency wallets.

According to a tweet the exchange published on July 11, the attackers managed to access one of its Blockchain.com wallets, and quickly transferred the funds to an address they control. From the address they went to the BTC has been through a series of hops, suggesting the use of coin mixing software to limit traceability and throw off blockchain sleuths.

Cashaa believes that the attacker may have managed to infect one of its computers with malware, and then waited for an employee to access its machine. As soon as that happened, the funds were moved out of its wallet. Reacting to the security breach, the exchange halted withdrawals and deposits and “called the board meeting to decide whether the company will bear all the losses.”

The exchange suspects the hacker is from east Delhi, India, and filed a report with the Delhi police cybercrimes department.

Cashaa also reached out to other cryptocurrency exchanges and businesses informing them of the address, in a bid to stop the hacker from cashing out. In statements provided to industry media Kumar Gaurav, Cashaa’s CEO, seemingly lashed out at trading platforms that allow hackers to cash out.

Gaurav was quoted as saying:

As of today, hackers are very confident to hack crypto addresses and move it through exchanges that are facilitating such laundering through their systems. Exchanges like these must be shut down and owners of these exchanges should be charged with money laundering facilitation crime.

CryptoCompare’s Exchange Benchmark report, as recently reported, revealed that 38% of crypto exchanges interact with high-risk entities in 25% or more of their transactions. High-risk entities are those associated with darknet markets and vendors, criminals, gambling projects, malware operators, and others.

Featured image by Kevin Ku on Unsplash