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Today in Crypto: Bank of England to Reject Revolut's Banking Licence Application, ASX Abandons Blockchain, HashKey to Raise Funds at $1BN Valuation, Ledger Co-founder Calls Recover Service Launch a 'Horrible Mess'
19.5.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Bank of England to Reject Revolut's Banking Licence Application, ASX Abandons Blockchain, HashKey to Raise...
Is Ledger’s New Bitcoin Key Recovery Feature Safe? Experts Have Doubts
19.5.2023
Ledger believes the service will help attract customers turned off by crypto's unforgiving self-custody ethos. But critics wonder whether the concept is compatible with a real hardware wallet
Hardware Wallet Rivals Offer Discounts in Wake of Ledger New Product Controversy
19.5.2023
In response to the latest controversy related to hardware wallet specialist Ledger and its new service, competitors are taking advantage of the worries expressed by some users. Among others, hardware producer Trezor hopes to capitalize on Ledger’s trouble by offering a discount to buyers.
“Open...
Ledger clarifies how its firmware works after deleted tweet controversy
18.5.2023
Developers say third-party apps can’t access Ledger users’ keys without the owner’s consent
Ledger Continues to Defend Recovery System, Says It's Always 'Technically' Possible to Extract Users' Keys
18.5.2023
"Technically speaking it is and always has been possible to write firmware that facilitates key extraction. You have always trusted Ledger not to deploy such firmware whether you knew it or not," Ledger said on Twitter
GridPlus to open source wallet firmware in Q3 amid Ledger debacle
18.5.2023
As accusations are hurled at Ledger over a controversial update, one hardware wallet has decided to open-source its firmware. Others have turned it into a marketing opportunity
Ledger Hardware Wallet Addresses Criticism, Stands by New Wallet Recovery Service – What's Going On?
17.5.2023
The popular hardware wallet maker Ledger has addressed some of the concerns from the community, after it introduced a new and controversial wallet recovery service.
In a video posted on Tuesday, Ledger’s chief technology officer Charles Guillemet stressed that although the new wallet recovery...
Ledger Faces Backlash for Controversial Backup Tool as Crypto Community Expresses Discontent
17.5.2023
Hardware wallet maker Ledger is facing significant backlash for its recent introduction of a tool enabling users to back up their seed phrases through the transmission of encrypted key fragments to third-party firms. The crypto community has not embraced this new feature, with numerous digital...
Bitcoin.com Wallet Celebrates Major Milestone With 40 Million Crypto Wallets Created
17.5.2023
Bitcoin.com is proud to announce that it has reached a significant milestone in its mission to increase the adoption of cryptocurrency worldwide: the creation of the 40 millionth crypto wallet in the multi-chain, DeFi-ready Bitcoin.com Wallet. Since its inception in June 2017, the Bitcoin.com...
Ledger Bats Back Criticism of New Wallet Recovery Service
16.5.2023
“You’re saying this is not what customers want. Actually, this is what future customers want,” said Ledeger CEO Pascal Gauthier
Crypto community reacts to Ledger wallet's secret recovery phrase service
16.5.2023
Many members of the crypto community believe Ledger's latest seed phrase recovery feature is a bad idea
All-in-One Web3 Trading, DeFi, P2E Gaming & Metaverse Platform Launchpad XYZ Hits Major Presale Milestone – Time to Buy?
16.5.2023
Launchpad XYZ has an ambitious vision for the future of web3. The platform envisions constructing an all-in-one hub where users can navigate opportunities in DeFi trading, NFTs, play-to-earn gaming, and the metaverse—and it looks like it will have the resources to pull it off.
To fund this vision...
‘Trusted seller’ vends fake Trezor wallets stealing crypto: Kaspersky
16.5.2023
Cryptocurrency users are once again reminded about the importance of using only authentic hardware wallets
Okx Introduces New Ordinals Marketplace Amid Bitcoin Inscription and BRC20 Buzz
16.5.2023
On Tuesday, the crypto firm Okx announced the launch of a new Ordinals marketplace. The platform is accessible via the Okx Wallet and will enable users to mint and trade Ordinal inscriptions and BRC20 tokens. While the Ordinals marketplace is still in its early stages, users can take advantage...
Crypto Wallet Bitski Taps Hardware Wallet Ledger To Make Web3 More Secure
16.5.2023
The browser-extension wallet is using Ledger’s security infrastructure to help users navigate decentralized applications while keeping their assets safe
Bitcoin Price Prediction as Dormant Bitcoin Wallet from 2011 Comes Alive, Moves 139 BTC Worth $3.5 Million – What's Going On?
15.5.2023
In a surprising turn of events, a dormant Bitcoin wallet from 2011 has recently reappeared, raising questions about the motives behind this sudden activity.
The wallet, which holds 139 BTC with a current value of approximately $3.5 million, has caught the attention of the cryptocurrency...
Community-Driven Blockchain Platform Parex Raises US$ 6․5 Million
15.5.2023
PRESS RELEASE. Parex has successfully developed a community-driven DAO ecosystem through its ParexChain, Parex Wallet, RaccoonSwap, Exchange, and other decentralized applications. The company has secured US$ 6.5 million in a new investment round. The funding was provided by DWF Labs that invested...
Bitcoin addresses holding 1 BTC or more reach one million: Glassnode
15.5.2023
Convicted buyers have bought up cheap Bitcoin as prices fell over the course of last year
Sleeping Bitcoin Wallet Awakens: $3.7M Worth of BTC Suddenly Moves After Close to 12 Years of Dormancy
13.5.2023
On May 11, 2023, a long-inactive bitcoin wallet sprang to life and transferred a substantial 139.7 bitcoin worth $3.7 million. The address, established on June 19, 2011, has contributed to the year’s total of 1,125.37 bitcoin moved from dormant 2010 and 2011 wallets. 139.7 Bitcoin Worth $3.7...
New tech could make crypto and Web3 wallets more convenient
12.5.2023
Developers are working on ways to get rid of seed words and even private keys, while still keeping users in control