Wallets
Wallets

Web3-powered communication platform aims to put users back in control

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  • January 28, 2024

Blockchain can reshape digital communication, and a Web3 communication platform details how to achieve that in its newly released white paper. Blockchain revolutionizes digital communication by addressing key issues like interoperability, data ownership and privacy. User-centric Web3 platforms such as SendingNetwork play a critical role in this transformation, empowering users with ownership of their data. […]

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Wallets

Play-to-earn game inspired by Bitcoin generates authentic value with gemstone NFTs

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  • December 24, 2023

This game introduces a novel approach that ties in-game asset value to player engagement. Play-to-earn (P2E) gaming has recently captured the imagination of gamers worldwide, offering a new paradigm where entertainment intersects with financial rewards. However, despite having the intention to liberate gamers and give them more control, some challenges have come to light with […]

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Wallets

Trader gambles $226K on Solana memecoin, hits $1.69M in 5 days

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  • December 18, 2023

Another dog-themed crypto token comes into the limelight as the Solana memecoin frenzy continues. The Solana memecoin frenzy continues as a trader turns $226,000 into well over $1.6 million by gambling on a token with a beanie-wearing dog as its mascot.  Between Dec. 13 and 15, a crypto trader bought over 19 million Dogwifhat (WIF) […]

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Wallets

Zipmex proposes to pay creditors 3 cents per dollar

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  • December 11, 2023

The proposal came as a part of a restructuring offer from the embattled Thai crypto exchange, which owes its customers $97 million. Embattled Thai crypto exchange Zipmex is offering its creditors 3.35 cents per dollar for initial claims, with further payouts in a recovery scenario. The proposal came as a part of the restructuring offer […]

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Wallets

US CFPB proposes supervising digital app providers, including crypto wallets

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  • December 7, 2023

The proposal would affect retail transactions carried out from crypto wallets, but not crypto trading. The United States Consumer Financial Protection Bureau (CFPB) has proposed a rule to allow it to supervise large non-bank digital wallet and app providers. The rule is part of a larger move by the agency that has seen it extend […]

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Bitcoin News Wallets

US CFPB proposes supervising digital app providers, including crypto wallets

  • by
  • December 5, 2023

The proposal would affect retail transactions carried out from crypto wallets, but not crypto trading. The United States Consumer Financial Protection Bureau (CFPB) has proposed a rule to allow it to supervise large non-bank digital wallet and app providers. The rule is part of a larger move by the agency that has seen it extend […]

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Wallets

DZ Bank, third-largest German bank, to start crypto custody for institutional investors

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  • November 27, 2023

DZ Bank AG launches its own digital assets custody platform, built on blockchain. DZ Bank, the third largest bank in Germany by asset size, has launched its own digital assets custody platform built on the blockchain. According to an announcement published on Nov. 2, the platform will work with institutional clients, offering them crypto securities, […]

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Wallets

Hong Kong regulator issues tokenized investments requirements amid demand

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  • November 27, 2023

The intent behind the tokenization of SFC-authorized investment products is tied to rising market demand and the government’s willingness to facilitate market development. The Securities and Futures Commission (SFC) of Hong Kong laid down the business requirements for offering tokenized securities and other investment products in a circular released Nov. 2.The market demand in Hong […]

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Wallets

Tether freezes $225M in USDT linked to romance scammers amid DOJ investigation

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  • November 26, 2023

The stablecoin issuer reported the illicit funds had been used by a Southeast Asia-based crime syndicate responsible for a “pig butchering” romance scam. Stablecoin issuer Tether has frozen roughly $225 million worth of USDT USDT $1.00 as part of a United States Department of Justice investigation into a Southeast Asian human trafficking syndicate. In a […]

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Wallets

Scammers play a long game using bogus, AI-backed ‘law firm’

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  • November 21, 2023

Is artificial intelligence the best invention for scammers since the internet began? Here’s one story of an AI-generated law firm sending threats to win backlinks. A new artificial intelligence-backed scam is as multi-faceted and lengthy as it is unconvincing  — at least for would-be victims who dig below the surface. I recently received a threatening […]

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