Wallet

Samsung Adds Support for Hardware Wallets on Galaxy Smartphones

<div class=”featured_image_container”> </div> <strong>Galaxy owners will be able to connect hardware wallets to their smartphones and transfer coins to the built-in wallet that comes with most devices in the popular lineup. Samsung says that makes it easier for users to access their cryptocurrency and make transactions. </strong> Update Allows Galaxy Users to Link Their Crypto …

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iPhone user blames Apple for $600K Bitcoin theft via fake app

A scam cryptocurrency app on Apple’s app distribution service App Store has reportedly stolen $600,000 Bitcoin (BTC) from one iOS user. Cryptocurrency holder Phillipe Christodoulou fell victim to a scam app on the App Store, losing nearly all his life savings to a fake crypto wallet application, The Washington Post reports Tuesday. Christodoulou went on …

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Blockchain.com Raises $300 Million, Firm’s Post-Money Valuation Now $5.2 Billion

<div class=”featured_image_container”> </div> <strong>The crypto financial services provider Blockchain.com revealed on Wednesday that the company has raised $300 million in a financing round. Blockchain.com’s latest funding round follows the $120 million raise the company obtained last month.</strong> Blockchain.com Is Now Valued at $5.2 Billion On March 24, Blockchain.com CEO Peter Smith announced that the company …

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Proposed FinCEN rule is a ‘grave threat to personal privacy,’ says Coin Center

After the U.S. Treasury Department extended the comment period for anyone to express their thoughts on a proposed crypto rule, non-profit crypto policy advocate group Coin Center has made another — and possibly final — argument to regulators. Coin Center directed its comment to the Financial Crimes Enforcement Network, or FinCEN, over proposed rules that …

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Crypto wallets in 2021: From hot to cold, here are the options

After another jump in the price of major cryptocurrencies at the end of 2020, crypto enthusiasts began to mine, sell and buy currencies with renewed vigor — which means that nowadays, the topic of custodying cryptocurrencies is more relevant than ever. But unlike the past bullish waves, this time many users are also concerned with …

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How wallet platforms are taking on exchanges

One of the biggest trends in recent months has seen Bitcoin flow out of exchanges into wallets. Generally, this is interpreted as a bullish sign — indicating that investors are optimistic about further growth in cryptocurrency prices.  But delve deeper, and there’s more to this than meets the eye. The crypto industry has grown immeasurably …

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Uphold to launch crypto cards in Europe with new acquisition

Uphold, an American digital wallet and trading platform, has acquired European card issuer Optimus Cards UK Limited to launch a cryptocurrency-enabled card on the continent. According to a Feb. 2 announcement, Uphold is planning to roll out its crypto-powered debit card in Europe starting in April 2021. Uphold CEO JP Thieriot said that the launch …

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A Look at Facebook’s Diem Wallet- Token Sale Accepts 3 Cryptos, Strict KYC, Hefty Data Collection

<div class=”featured_image_container”> </div> <strong>During the last two years, there’s been a lot of interest in Facebook’s cryptocurrency diem (formally libra) and rumors of a nearing launch date went viral last November. Now the social media giant is advertising the crypto asset’s pre-sale heavily on the platform, as people can now purchase diem with U.S. dollars …

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Trezor crypto wallet warns users of doppelgänger scam app on Google Play

Trezor, a major hardware cryptocurrency wallet supplier, has warned its users about a fake Trezor application on Google Play. According to Trezor, the fake app is malicious and has no relation to Trezor or SatoshiLabs, a company that created the Trezor wallet. Announcing the news on Jan. 18, Trezor asked its clients to not install …

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