Posts in category

Wallets


Cryptocurrency exchange Binance has acquired mobile ethereum wallet Trust Wallet, the startups announced Tuesday. The acquisition will enable Binance to add a mobile wallet to its services, while Trust Wallet will be able to tap into advantages offered by the exchange, including both its existing user base and a proposed decentralized exchange, according to a press …

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If cryptocurrency is decentralizing the world of money, a new bitcoin wallet startup thinks it could also help decentralize the world of work. Revealed exclusively to CoinDesk, Misthos launched its multi-signature wallet Monday on top of Blockstack‘s decentralized application platform. One of the first enterprise products launched on Blockstack, the wallet is designed for project …

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Decentralized cryptocurrency wallet SafeWallet is launching a new QR code-based user identification system to replace mnemonic phrases and private keys, the firm announced Friday. The app, operated by China-based Cheetah Mobile, will use a two-tier security system to grant users access to their holdings, according to a press release. The first stage will have users scan …

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The Digital Currency Research Lab at the People’s Bank of China has filed more than 40 patent applications so far – all as part of an aim to create a digital currency combining the core features of cryptocurrency and the existing monetary system. Data from China’s State Intellectual Property Office (SIPO) revealed two new patent …

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China-based cryptocurrency wallet imToken announced Thursday that it has closed a $10 million Series A round fully funded by venture capital firm IDG Capital. Founded in 2016, imToken first entered the industry as a dedicated ethereum wallet service, but has since expanded to support a claimed 30,000-plus tokens, including “airdrops” and ICO issuances. The company …

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You’re running a full bitcoin node, know Linux and have decent command line skills. Okay? Cool, go ahead and spin up a Docker instance. If that sounds intimidating, you’re not alone. But as recently as January, using the lightning network, a layer-two technology for scaling bitcoin, on “mainnet” – ie, with real money – called for these …

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London-based cryptocurrency wallet and data provider Blockchain will open an office in San Francisco, the company announced on Wednesday. The decision follows its recent acquisition of the team from software company Tsukemen, also formerly based in the Bay Area of California. The office will be staffed with several previous Tsukemen employees, with the company’s former …

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The US Department of the Treasury may begin adding digital currency addresses to its sanctions list if they can tie them to a sanctioned individual, according to a document issued March 19. The Office of Foreign Assets Control (OFAC) may add digital currencies addresses and wallets to the Specially Designated Nationals And Blocked Persons List …

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Crypto wallet startup Abra is expanding the number of cryptocurrencies it supports to 20 from just two – bitcoin and ethereum – currently. Announced today, bitcoin cash, dash, dogecoin, ethereum classic, golem, litecoin, omisego, qtum, XRP, vertcoin and zcash will be immediately available on the app. Over the next few days, it will also roll …

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SBI Holdings, the financial services arm of Japan’s SBI Group, has added a cryptocurrency hardware wallet maker to its existing portfolio of cryptocurrency businesses. In an announcement on March 2, the financial giant said it has purchased a 40 percent stake in CoolBitX, a Taiwan-based manufacturer of “cold” wallets – hardware devices used to store …

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Singapore’s largest airline operator is turning to blockchain technology to boost spending of its loyalty program miles. In an announcement on Feb. 5, Singapore Airlines (SIA) said it will launch a digital wallet for its frequent-flyer KrisFlyer program in six months that will be powered by a private blockchain. According to the airline, the blockchain-based wallet …

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BitGo, the maker of multi-signature cryptocurrency wallets for enterprises, has closed a $42.5 million Series B funding round in a sign that demand has at last arrived for institutional-grade services in the market. Led by Valor Equity Partners with participation from Bill Lee and David Sacks, the round of venture capital brings BitGo’s total funding …

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Three weeks and counting … That’s how long it’s been since a mishap by ethereum wallet provider Parity saw $160 million in cryptocurrency code frozen, and still no solution has been pursued to free up the funds. But that’s not to say discussions aren’t ongoing on how to return the cryptocurrency to its rightful owners. At …

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The rift between bitcoin and its offshoot bitcoin cash isn’t just ideological – it’s hazardous. For months, a technical quirk has led some users of both cryptocurrencies to lose money, temporarily and permanently. But it appears that nightmare scenario may soon be in the past, as bitcoin cash’s developer team recently announced it is taking …

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Dan Elitzer is the blockchain and digital identity lead at IDEO CoLab, an R&D network that explores the impact of emerging tech through cross-industry collaborations. In this opinion piece, Elitzer explains why designing for security requires thinking about platforms beyond one’s own. Recently I met with the founding team of a group building a project …

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A resolution has yet to be found for yesterday’s Parity hack which saw up to $150 million frozen across the ethereum platform. However, speaking to CoinDesk, Martin Holst Swende, head of security for the Ethereum Foundation, confirmed that a hard fork of the ethereum blockchain will be required to free up the funds. Holst Swende …

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