The prominent messaging platform Whatsapp has brought the common man one step closer to adopting crypto. According to a recent announcement by Zulu Republic, Bitcoin [BTC] and Litecoin [LTC] would be the first two coins available for users to send and receive on the social messaging platform.
Zulu, “an ecosystem of blockchain tools and platforms where people, businesses, and organizations thrive,” announced the development on May 19:
“We are happy to announce that from today you can send and receive #bitcoin & #litecoin on #WhatsApp via @liteim_official ! try it yourself here: https://wa.me/17869167825?text=HODL …”
The Whatsapp bot currently supports English and Spanish and allows users to exchange Zulu’s native token, ZTX, along with BTC and LTC. With Facebook planning to launch its own crypto and now Whatsapp joining its league, crypto adoption is expected to increase exponentially in the future.
However, Facebook has been struggling with several privacy issues. A report by Bitcoin.com highlighted that Whatsapp hackers managed to install spyware on iOS and Android smartphones through a single phone call through the popular messaging application. This vulnerability of Whatsapp existed for weeks, enabling hackers to inject Israeli spyware on phones through a phone call. The report noted,
“The malicious code, developed by the secretive Israeli company NSO Group, could be transmitted even if users did not answer their phones, and the calls often disappeared from call logs.”
Whatsapp has urged its users to update the software and is currently investigating the vulnerability. The messaging app giant noted that it was too early to estimate the number of phones affected by the hack. With privacy being an important aspect for crypto and social media application users, Facebook and Whatsapp would have to reassure its users of their tightened security measures to further drive global adoption.