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An Unknown User Incurs More Than $80,000 in Transaction Fees When Sending BTC Worth $1
23.12.2020
An unknown person incurred a transaction fee of more than $80,000 or (3.49079570 bitcoins) when transferring bitcoin worth $1.16. According to Blockchain.com, the December 19 transaction, which is included in block 662052, had an input of 3.49084570 bitcoin and an output of 0.00005000 bitcoin....
G-Wallet Ushers in New Era With Hybrid Wallet
22.12.2020
PRESS RELEASE. G-Wallet, a decentralized crypto platform and wallet provider has revealed a series of updates on its blockchain ecosystem. The updates focus on the development of its hybrid wallets and other features offered by the blockchain platform. G-Wallet is Building a Sustainable...
Ledger users threaten legal action after hacker dumps personal data
20.12.2020
A cybersecurity expert claimed the affected users would be targeted online and in person now that their personal information had been made public
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,...
It's here: Treasury proposes rule to monitor crypto going to self-hosted wallets
18.12.2020
Many have called the long-rumored rules an existential threat to peer-to-peer transactions
Indian Crypto Trader Arrested for Allegedly Using USDT to Launder Money on Behalf of Chinese Online Betting Scammers
14.12.2020
An Indian law enforcement agency has arrested Naisar Kothari, a cryptocurrency trader, for his role in a money-laundering scheme linked to online Chinese betting scams. The arrest was made after the country’s Enforcement Directorate (ED) detected large amounts of money “being...
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...
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
Wallets With Over 1,000 Bitcoin Have Hit Record Number: Chainalysis
11.12.2020
The data backs the popular narrative that institutional bitcoin investors have been leading the 2020 price rally
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....
Over 13% of Bitcoin Crime Proceeds Laundered Through ‘Privacy Wallets’: Elliptic
9.12.2020
The number of crypto criminals using so-called privacy wallets to help hide their identities is on the rise, according to analytics firm Elliptic
Fraudulent Crypto Browser Extension Redirects to a Fake Metamask Domain
6.12.2020
A crypto intelligence firm has raised red flags about an increasing flow of comments in the crypto community about an ongoing phishing campaign, which is stealing funds from people who install a malicious browser extension. Chrome Browser Extension Is Redirecting Crypto Users to a Fake Metamask...
Crypto Wallet Maker Ledger Hires Luxury Brand Exec to Grow Consumer Business
1.12.2020
Ledger's new chief experience officer hails from luxury conglomerate LVMH, which owns brands like Louis Vuitton, Givenchy and Christian Dior
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
Wallets with less than 1 BTC account for just 5% of Bitcoin’s market cap
27.11.2020
With the number of “wholecoiner” Bitcoin wallets holding at least 1 BTC increasing every year, the remaining addresses represent just 5% of Bitcoin’s market cap
Electrum Developers Apply Fix After Apple Update Bricks Bitcoin Wallets
19.11.2020
Apple's most recent Mac update is causing major problems for one of Bitcoin’s oldest wallets
Crypto lobby defends self-hosted wallets and P2P from rumored gov't crackdown
18.11.2020
As everyone waits on new KYC and AML regulators, many speak out to keep unhosted wallets free of controls
A New Bitcoin Mining Pool Claims It Has Tools to Censor Blockchain Transactions
12.11.2020
A blockchain and technology company claims its new bitcoin mining pool is embedded with tools that enable the pool to censure transactions in the blocks they mine. According to a statement issued by the DMG, the parent company to Blockseer mining pool, this ability allows the latter...