Wallets
Wallets

North Korean hackers swipe over $100M from Atomic Wallet users

According to Elliptic, a blockchain analysis company, an estimated 5,500 crypto wallets have been affected by the attack. NEWS Atomic Wallet, a noncustodial decentralized wallet, has been hit by a staggering exploit, leading to users reporting losses of their entire cryptocurrency portfolios. This unforeseen breach has sent shockwaves through the crypto community, as Atomic Wallet’s fundamental premise […]

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Wallets

Privacy should be considered in ‘potential retail CBDC’ — Treasury official

United States Treasury official Graham Steele told an audience at a Texas payments conference that a future central bank digital currency in America should consider anonymity. NEWS Privacy and the ability to transact anonymously should be considerations in the design of a digital dollar, a United States Treasury official has said. On June 13 the […]

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Wallets

AI startup by ex-Meta and Google researchers raises $113M in seed funding

The company is on a hiring spree, and is on the lookout for artificial intelligence researchers, software engineers and product developers. NEWS A new artificial intelligence (AI) startup and rival to ChatGPT creator, OpenAI, raised $113 million in seed funding, bringing its valuation to $260 million just two months after its launch Former AI researchers […]

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Wallets

Ripple welcomes MiCA regulation as US lawsuit highlights lack of clarity

Ripple’s operations gear up in Europe and Asian markets despite an ongoing lawsuit instituted by the U.S. Securities and Exchange Commission. Cryptocurrency payments service Ripple  XRP $0.50  continues to see global adoption of its payment services despite a long-winded legal battle with the United States Securities and Exchange Commission over its XRP token. Cointelegraph sat […]

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Wallets

Atomic Wallet hackers turn to OFAC-sanctioned Garantex: Elliptic

Stolen loot crypto from Atomic wallets has started passing through sanctioned Russian-based exchange Garantex, according to Elliptic. NEWS Illicit funds gained from the $35 million Atomic Wallet hack are on the move again, with sanctioned Russian-based crypto exchange Garantex reportedly becoming the latest to come in contact with the hacked crypto.  On June 13, blockchain […]

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Wallets

Web3 is transforming the music industry — Here’s how

As blockchain technology breathes new life into the creative industry, this platform is pioneering the engage-to-earn model for artists and fans. SPOTLIGHT Blockchain technology, the backbone of Web3, can take the engage-to-earn model for artists to a new level, enabling more direct and meaningful interactions with fans. Thanks to its unmatched security and features, such […]

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Wallets

US senator revamps efforts for crypto regulations amid SEC lawsuits

The regulatory framework will allow individuals and companies to own and trade digital assets in the United States. NEWS United States Senator Cynthia Lummis has said her efforts to push for a positive crypto regulatory framework are still in motion, with the rapid evolution and increasing adoption of cryptocurrencies adding to its urgency. Lummis received praise from […]

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Wallets

What is Robinhood, and how does it work

Cointelegraph 1. Understanding the Robinhood trading model Robinhood is an online financial technology broker that introduced a new trading model to allow individuals to start investing easily and efficiently with little money. Robinhood’s fortune started with the Covid-19 pandemic when quarantines and lockdowns encouraged millions to look at investing from home and start trading different […]

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Wallets

SOL is not a security, says the Solana Foundation

The United States Securities and Exchange Commission labeled the SOL token as a security in separate lawsuits filed last week against crypto exchanges Binance and Coinbase. NEWS The Solana Foundation took to Twitter to address for the first time the United States Securities and Exchange Commission’s classification of its native token, Solana  SOL $15 , […]

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Wallets

Pro-XRP attorney’s phone hacked to promote LAW token

Lawyer John Deaton alerted followers via his daughter’s account, urging people to report the hack as the XRP community responded, spreading awareness. NEWS Pro-XRP lawyer, John Deaton, suffered a phone hack on June 4 amid a relentless cyberattack over several days. CryptoLaw, an account created by the attorney representing over 76,000 XRP  XRP $0.50  tokenholders […]

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