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Defi Protocol Founder Tricked, Hacked for $8 Million in Personal Funds
16.12.2020
Nexus Mutual founder and chief executive officer Hugh Karp’s personal wallet address has been hacked for more than $8 million. The attacker, a member of the Nexus defi protocol, tricked Karp into signing a transaction that transferred funds to the hacker’s own address. The attacker...
Italian Insurance Giant Generali Gets Into Bitcoin via Banking Arm, Launching Crypto Custody Service
16.12.2020
Banca Generali, the banking arm of Italy’s largest insurance group, has announced that it will be offering cryptocurrency custody service to its customers beginning next year. To achieve this, the bank has acquired a stake in bitcoin wallet provider Conio. Assicurazioni Generali, Banca...
Italian Banca Generali to debut crypto services next year
15.12.2020
Banca Generali will introduce crypto to its customers in 2021 following a partnership with an Italian custody service provider
Amon, AI-Powered Crypto Wallet and Card Is Fundraising on BnkToTheFuture
15.12.2020
PRESS RELEASE. Amon, known for their innovative app that aims to make using digital currencies stress-free, will soon release their debit card in 31 EEA countries. The company, which recently got approval to release a crypto debit card, is currently fundraising on the online platform that...
Ledger Scammers Reportedly Go Trans-Wallet & Target Trezor Users
14.12.2020
The Ledger hardware wallet phishing saga continues, but has now spread to competitors, with Trezor users reportedly becoming the scammers' targets as well.
"The Ledger leak phishers are now phishing for Trezor users," warned Jameson Lopp, Chief Technology Officer at US-based crypto...
Ledger Wallet Customer Data Leak Invokes Threats, Phishing Scams, User Allegedly Loses Life Savings
13.12.2020
The cryptocurrency hardware wallet firm Ledger was hacked last June and over a million emails were exposed, according to reports from the company at the time. Months later, the hackers who obtained the Ledger data emailed clients, sent texts to customers, and created phishing links for users...
Popular Browsers Like Google Fail to Catch Copycat Crypto Sites, Scams Make the Top Results
13.12.2020
As the digital asset economy grows popular and a number of crypto companies become well known, copycat scammers appear in greater numbers. There are a number of websites that are clones of the official web page from companies that provide mining device sales, wallets, full nodes, paper wallet...
US Lawmakers Caution Against Regulations Restricting Use of Self-Hosted Crypto Wallets
12.12.2020
Four U.S. lawmakers have sent a letter to Treasury Secretary Steven Mnuchin, warning of the risks of restricting the use of self-hosted cryptocurrency wallets. Their concerns follow reports that the Treasury Department may be on the verge of imposing such strict cryptocurrency regulations aimed...
Vitalik Buterin Warns Current Crypto Wallets Are Not Ready for Mainstream Adoption
12.12.2020
The cofounder of the world’s second-largest cryptocurrency, ethereum, warned about crypto wallet vulnerabilities, claiming the tools are not ready for widespread adoption and encouraged to open more discussions on security matters. Buterin Calls for More User-Friendly Crypto Wallets...
Fox News Report Highlights Bitcoin Cash Proponent’s Modern Day Scavenger Hunt
12.12.2020
The anonymous Bitcoin Cash proponent called, ‘Bitcoin Man,’ has made the news once again, this time in Fresno California. Bitcoin Man was featured on a local Fox News report on December 11 for creating a “modern-day scavenger hunt” with bitcoin cash-loaded stickers hidden...
Law Decoded: The war of the wallets, 12/4–12/11
11.12.2020
Determining the future of who can and cannot custody crypto and how much you need to know about them remains a central topic of discussion
MetaMask wants institutions to wade into DeFi with new enterprise version
11.12.2020
Metamask is seeking to grow the $14 billion DeFi ecosystem by attracting institutional investors with a new wallet that could “run a professional DeFi trading desk.”
Bitcoin.com Wallet Adds Shareable Payment Link Feature – Send Bitcoin Cash to Anyone via Text, Email, and Social Media
10.12.2020
At Bitcoin.com, our team is all about spreading the benefits of peer-to-peer electronic cash and our flagship wallet is a testament to our team’s passion. Bitcoin.com’s noncustodial crypto wallet recently upgraded and now offers a new payment link feature that allows anyone to send...
Study: Over 13% of All Proceeds of Crimes in Bitcoin Passed Through Privacy Wallets in 2020
10.12.2020
According to a study published by the blockchain analysis firm Elliptic, over 13% of all proceeds of crime in bitcoin (BTC) were laundered via privacy wallets in 2020, up from 2% from the figures posted in 2019. 13% of All Proceeds of Crimes Leveraging BTC Were Laundered Via Privacy Wallets Dr....
Circle CEO joins appeal against US Treasury self-hosted crypto wallet ban
10.12.2020
The crypto industry and regulators need time to collaborate on better regulations
Politicians, Industry, Crypto Fans Unite to Reject Treasury Wallet Plans
10.12.2020
Resistance to a new bill rumored to be in the pipelines at the American Treasury Department is growing amid fears that the measure is “potentially being jammed through without congressional review, and without meaningful industry engagement.”
Many in the crypto industry – including Coinbase...
US Lawmakers Tell Mnuchin to Back Off From Potential Crypto Wallet Regs
10.12.2020
Reps. Warren Davidson, Tom Emmer, Ted Budd and Scott Perry urged Steven Mnuchin to rethink his rumored self-hosted wallet regulations in an open letter Wednesday which warned such rules might "crush a nascent industry."
Congresspeople tell Treasury to back off of rumored self-hosted wallet ban
10.12.2020
Congressman Davidson, in particular, sees potential Treasury action as a bad idea for everybody involved
Illegal Bitcoin use is down, but privacy wallet laundering is up, says analytics firm
9.12.2020
2020 has apparently been the year of privacy wallets, as more exchanges onboard KYC requirements
Meet Exchase.io: All-in-One Fintech Service Provider Announces Token Sale
8.12.2020
PRESS RELEASE. Exchase (Exchase OÜ) announced that it plans to build an all-in-one fintech solution that will bring the most popular fintech services and technologies under one umbrella. The Estonian based fintech company has been operating a cryptocurrency exchange, but now seeks to bring...