Russian Mobile Operators Eye Payments Services, Wallets for Digital Ruble
Some telcos are looking at developing a digital wallet that would link the digital currency to users' mobile phone numbers. Source
Read MoreSome telcos are looking at developing a digital wallet that would link the digital currency to users' mobile phone numbers. Source
Read MoreBitcoin dipped on Monday after hitting a new record high in the previous session, pointing to a spike in profit-taking sentiment among daytraders. The analogy was visible in the statistics shared by an independent analyst on Twitter. The pseudonymous entity noted an 11.5 percent a 12 percent decline in the number
Read MoreQuick take:Bitcoin stored in exchange wallets has continued to drop since early 2020The amount of BTC in exchange wallets is at its lowest in almost 2.5 yearsInstitutional buying and storage offline is one reason for the diminishing supplyMicrostrategy just bought another $10 million worth of BitcoinCompanies will continue scooping up
Read MoreBitcoin, while down from its all-time high, is still well above its previous highs over the past few years. And with any exponential rise in the price of BTC, the number of frantic people with bitcoin stashed somewhere in a crypto wallet protected by a password they’ve long since forgotten
Read MoreDigital asset exchange Bitstamp has reportedly banned Netherlands-based users from withdrawing crypto to external wallets without first verifying they own the receiving address.According to a letter authored by Bitstamp that was shared on Twitter by user “Bitcoin Marcus,” Bitstamp’s users in Holland must now submit third-party addresses alongside photographic evidence
Read MoreOperating for a year now, insidious malware ElectroRAT is bringing 2020 into 2021 and targeting crypto wallets.A researcher at cybersecurity firm Intezer has identified and documented the inner workings of ElectroRAT, which has been targeting and draining victims’ funds.According to the researcher, Avigayil Mechtinger, the malware operation includes a variety of
Read MoreTransparency is one of the most intriguing aspects of cryptocurrency and it was this openness that drew many early supporters to Bitcoin (BTC). Blockchain technology makes all information associated with the network’s operation accessible for anyone interested in taking a look. Every known address, transaction, fee paid and other details relating
Read MoreThe U.S. Treasury Department’s proposed rules which would require users to comply with KYC requirements if they seek to send their crypto to a private wallet could end up being ineffective, according to blockchain analytics firm Elliptic. In its published response to the rule, Elliptic said that the rules could “adversely
Read MoreThe Treasury has released its long-awaited proposal to restrict money services businesses, including U.S.-registered crypto exchanges, from dealing with self-hosted wallets.In a Friday evening announcement, the Treasury's Financial Crimes Enforcement Network, or FinCEN, announced proposed rules requiring registered crypto exchanges to verify the "identity of their customers, if a counterparty
Read MoreDetermining the future of who can and cannot custody crypto
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