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Dutch Bitcoin Exchange Files Preliminary Injunction to Suspend Wallet Verification Rule Enacted by the Netherlands
29.1.2021
A Dutch bitcoin (BTC) exchange has filed a preliminary injunction at a court in Rotterdam to suspend the central bank’s additional wallet-verification requirements. Bitonic seeks to challenge the new rules enacted by the De Nederlandsche Bank (DNB) on Sept. 21, 2020. Dutch Exchange Argues...
A Look at Facebook’s Diem Wallet- Token Sale Accepts 3 Cryptos, Strict KYC, Hefty Data Collection
29.1.2021
During the last two years, there’s been a lot of interest in Facebook’s cryptocurrency diem (formally libra) and rumors of a nearing launch date went viral last November. Now the social media giant is advertising the crypto asset’s pre-sale heavily on the platform, as people...
US Court Sentences ICO Fraudster to 6 Months in Jail: Orders the Accused to Pay Over $4 Million in Restitution
29.1.2021
A U.S. court has sentenced Jerry Ji Guo, a resident of San Francisco, to an effective six months in prison for his role in a fraudulent initial coin offering (ICO). In addition to the prison term, the court ordered Guo to pay over $4 million in restitution. Further, Guo will also cooperate with...
FinCEN Extends Crypto Rulemaking Review Period as Senate Confirms Janet Yellen
27.1.2021
The Financial Crimes Enforcement Network (FinCEN) has issued a notice extending the comment period for its crypto wallet proposal. The extension came shortly after the U.S. Senate confirmed Janet Yellen as the new U.S. Treasury Secretary. FinCEN Extends Comment Period for Crypto Wallet Rulemaking...
Apple updates iOS to fix crypto wallet security vulnerabilities
27.1.2021
Coinbase’s head engineer is warning iOS users to update their mobile devices as soon as possible
Dutch Bitcoin exchange drags central bank to court over wallet KYC rule
27.1.2021
One Dutch Bitcoin exchange has taken legal action against the central bank over its controversial crypto wallet verification law
California Man Loses $27,000 in Bitcoin After Falling Prey to Crypto Scammers
26.1.2021
In Daly City, California, authorities are investigating a crypto scam incident where a man lost $27,000 worth of bitcoin. A 48-year-old man claimed the scammers tricked him into giving them the keys to his wallet. Scammer Impersonated a Crypto Wallet Hardware Firm Ledger Representative Per KTVU...
Indian Crypto Exchange Buyucoin Hacked, Sensitive Data of 325K Users Reportedly Leaked
24.1.2021
Indian cryptocurrency exchange Buyucoin has reportedly been hacked and sensitive data of about 325,000 users has reportedly been leaked onto the dark web. According to reports, the leaked data includes personal information, encrypted passwords, user wallet details, order details, bank details,...
Joe Biden Freezes FinCEN’s Crypto Wallet Rulemaking — US Crypto Regulations Under Review
22.1.2021
New U.S. President Joe Biden has frozen all agency rulemaking, including the proposal by the Financial Crimes Enforcement Network (FinCEN) relating to cryptocurrency wallets. Biden will appoint someone to “review any new or pending rules,” the White House has announced. FinCEN’s...
President Biden freezes FinCEN's proposed crypto wallet regulations
21.1.2021
President Joe Biden has frozen all regulatory processes including proposed FinCEN rules detrimental to the crypto industry
Proposed Crypto Wallet Rule Among Those Frozen by Biden Pending Review
21.1.2021
President Joseph Biden has frozen all agency rulemaking, including former Treasury Secretary Steven Mnuchin’s controversial proposal on “unhosted wallets,” according to a prominent cryptocurrency lawyer. The story is developing and will be updated
Trezor crypto wallet warns users of doppelgänger scam app on Google Play
19.1.2021
The fake Trezor app has been downloaded by at least 1,000 people on the Android’s app store Google Play
Freedom Fighting Atilis Gym Chooses to Accept Crypto Donations- BCH Supporters Set Gym Up With an Uncensorable Fundraiser
18.1.2021
After the co-owner of the Atilis Gym in New Jersey appeared on TV and told the public the state confiscated over $173k from the gym owner’s bank account, Ian Smith revealed Atilis Gym has now set up a crypto wallet. Smith explained that a number of people didn’t want to donate using...
BitMarket Network Client - New Open-Source Cryptocurrency Wallet
18.1.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Today, Bitcoin is among the 15 most valuable assets in the world, ahead of even the Visa payment system and the precious metal Platinum. The cryptocurrency rate has grown by 840% compared to the previous spring....
Noise.cash: Social Microblogging App Fueled by Bitcoin Cash Tips Gathers Traction
18.1.2021
For quite some time now, bitcoin cash users have been leveraging the web portal read.cash in order to write blog posts, connect with like-minded individuals, and earn bitcoin cash for providing popular content. Now the creators of read.cash have introduced another application called noise.cash...
Former Ripple CTO may have lost much more than $220M in Bitcoin
17.1.2021
Current CTO David Schwartz claims Stefan Thomas created hundreds of accounts with 1.0 BTC "because that was the fastest and easiest number to type" for his experiments
Secure Bitcoin self-custody: Balancing safety and ease of use
17.1.2021
With Bitcoin’s price clocking $40,000 recently, safe and secure measures for storing the valuable digital asset are once again on the agenda
DC Magistrate Judge Calls Unhosted Wallet ‘Horror Story’ a ‘Fiction’
14.1.2021
“Indeed, cash poses a greater challenge to law enforcement than cryptocurrency in unhosted wallets," wrote Judge Zia Faruqui in an opinion on a forfeiture case
FinCEN Extends Comment Period for Controversial Crypto Wallet Rule by 15 Days
14.1.2021
The Financial Crimes Enforcement Network is providing an additional 15 days for comments on the proposed reporting requirements regarding unhosted crypto wallets
Further Details of ‘Offline’ Chinese Digital Yuan ‘Hard Wallet’ Emerge
14.1.2021
The masterminds behind the digital yuan – the forthcoming Chinese central bank digital currency – have provided further explanation about a new “hard” wallet, which makes no use of smartphone technology.
Per Tencent’s media arm, the hard wallet, which resembles a conventional credit card but for...