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Proposed FinCen Rule on Crypto Wallets Would Likely Be Ineffective, Elliptic Says
31.12.2020
In its public response to the US Treasury Department’s proposed rule, the blockchain analytics firm has argued that they are likely to be ineffective and counterproductive
Electronic Frontier Foundation: US Government Will Expand Financial Surveillance Through FinCEN’s Proposed Crypto Wallet Rules
24.12.2020
The Electronic Frontier Foundation (EFF) raised concerns about the strengthening financial surveillance through the proposed crypto regulations announced by the U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN). The Nonprofit Organization Is Concerned About New Rules...
US Treasury Unveils Stifling Crypto Wallet Regulation — Experts Break Down the Rules
19.12.2020
The Financial Crimes Enforcement Network (FinCEN), a bureau of the U.S. Treasury Department, has unveiled its proposed rules on transactions involving cryptocurrency wallets. Experts in the crypto community have weighed in on what the new proposed regulation means, what crypto owners should do,...
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...
Industry Pros Weigh In on Rumors of New Crypto Wallet Regulations
27.11.2020
From shorter consultations to insider comments, recent rumors about U.S. regulation of private crypto wallets have some compelling context
Square Funds Designer to Make Crypto Wallets Usable by Anyone
1.11.2020
Maggie Valentine was awarded the grant to help make bitcoin wallets usable by anyone
22 Indian Bank Branches to Begin Offering Crypto Banking Services
28.10.2020
An Indian bank is preparing to start providing crypto banking services at its physical bank branches. Customers can buy bitcoin and several other cryptocurrencies at these branches with Indian rupees, open savings accounts with crypto wallets, make loans against their cryptocurrencies, and more....
3.5 Million Crypto Wallets Downloaded in July, Active Users up 110% in the Year
29.8.2020
A record 3.5 million crypto wallet app downloads were recorded in July 2020, representing an increase of 81% when compared to the same period last year. In addition, the number of active users went up by 110% between January 1 and August 19, 2020. According to a report authored by Madeline Lenahan...
Researchers Find Bugs that Could Expose Crypto Wallets on Exchanges
10.8.2020
Security experts said they have unveiled a number of vulnerabilities in the open-source libraries used by numerous crypto exchanges and financial institutions – which could be exploited by hackers looking for a way into users’ wallets.
At a recent Black Hat cybersecurity conference, experts said...
Opera’s Built-In Crypto Wallets Have 170K Monthly Active Users
24.7.2020
The Norwegian browser maker has disclosed its crypto wallet user numbers for the first time
Xapo Suspends Credit Card Crypto Purchases, Shifts Operations to Gibraltar
12.6.2020
Xapo is making changes as it transforms into a digital bank launching later this year
South Korean Prosecutors Freeze Crypto Wallets of Suspected Child Porn Ring Chief
2.6.2020
A Seoul court granted the petition demanded by the prosecutors to freeze crypto wallets owned by the head of the Nth Room case
Google Pulls 49 Cryptocurrency Wallet Browser Extensions Found Stealing Private Keys
15.4.2020
Google has removed 49 cryptocurrency wallet browser extensions after a security researcher discovered they were stealing private keys. These Chrome extensions targeted users of crypto wallets, such as Ledger, Trezor, Jaxx, Electrum, Myetherwallet, Metamask, Exodus, and Keepkey. Also read: Bitcoin...
Prosecutors Want to Open 15 Nth Room Crypto Wallets But Have No Keys
13.4.2020
South Korean police have seized 15 crypto wallets they believe belong to Telegram Nth room chief suspect Cho Joo-bin, who has today been formally charged with 14 capital offenses by prosecutors in Seoul.
However, although the police’s extensive and ongoing investigation – which has seen officers...
Eidoo Card Is Available for Pre-Order – Seamlessly Connect Your Fiat and Crypto Wallets
9.4.2020
Gone are the days when online fiat payment processors and digital wallets were viewed as something new and innovative. By now, most people are used to shopping online, especially in developed countries. The current payment processors are well-established and they’ve gained the public’s trust.
The...
Korean Nth Room Police Hunt 260K Crypto Wallets, Brokerages Hand over Client Data
26.3.2020
South Korean crypto exchanges are cooperating with the police investigation into the Telegram “Nth room” sexual exploitation case, with brokerages now being searched, and exchange data seized and hundreds of thousands of crypto-fiat gateway records checked.
Per a number of South Korean media...
500+ Crypto Wallets Linked to Telegram Nth Room Suspect + More News
25.3.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Crime news
Media outlets in South Korea have been investigating the cryptocurrency holdings of Cho Joo-bin, the suspect thought...
Ukraine to Block Crypto Wallets for Illicit Funds, Finance Minister Says
24.1.2020
Ukrainian authorities will be able to “block crypto wallets” in order to seize illegally obtained assets, a notice from the country’s Ministry of Finance says
Biometric Cards and Fund Savers: The Marvelous World of Crypto Wallets
7.1.2020
The world of cryto, and funds in general, is a dangerous place as it's intriguing to many types of bad players, all of which are targeting our coins, just waiting for an opportunity to put their fingers into our wallets. That's why the wallet creators are in a constant race of who can offer...