Category Archives: Wallet

Less than a week after New Zealand-based cryptocurrency exchange, Cryptopia, closed its doors and entered the liquidation stage, almost 60,000 ETH stolen from Cryptopia in January hack, was transferred to an unknown wallet in less than 24 hours.

Without a doubt, the cryptocurrency world is gaining greater prominence by the day. But there are also some serious security problems. Not long ago, Bleeping Computer noticed a controversial case in which hackers tried to steal more than 2.3 million wallets. The belief is that the attackers got their way by using malware and actually, […]

Over the past few years, the crypto-space has noted numerous scams and hacks where exchanges have lost large chunks of crypto. While a few were able to gain their funds back, many were left empty-handed. Bitfinex’s hack gained a lot of traction and opened gateways highlighting the various discrepancies in Tether. Following the same, the New York Attorney General’s office had restricted Tether Ltd from using its reserves. On May 20, Whale Alert, a large cryptocurrency-related transactions tracker, noted a movement of funds from Tether’s Treasury to an unknown wallet. The amount in question was 9,890,100 USDT, worth $9,895,132. The wallet address of the sender was 5754284f345afc66a98fbB0a0Afe71e0F007B949 and the address of the unknown wallet was reported to be 568cC6EcA34D56f5695B16Ff0250DFA77F247c47. The balance on the receiver’s wallet was 1,537.23823148238991326 Ether, which was worth $387,307.17 and the interesting part was that most of the transactions that took place from this address were in stablecoins, including Tether USD,…

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As ABN AMRO drops its exploration of a crypto wallet product, the Dutch bank says it’s seeking to launch a blockchain platform for trade inventory.

Dutch bank ABN AMRO abandoned its plans to launch a custodial bitcoin wallet dubbed “Wallie” because of risk concerns. Dutch bank ABN AMRO abandoned its plans to launch a custodial bitcoin (BTC) wallet dubbed “Wallie” because of risk concerns, according to a report published on May 20 by tech news outlet The Next Web. Per the report, the bank’s senior press officer, Jarco de Swart, said in an email to the outlet that the bank decided not to continue its plans after it “concluded that cryptocurrencies because of their unregulated nature are at the moment too risky assets for our clients to invest in.” The rumors concerning alleged tests of the wallet first started spreading in January. Still, according to The Next Web, the bank had actually just asked 500 of its customers if it should develop the wallet and if so, how. Owler estimates the bank’s annual revenue to…

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Coinbase, ever expanding and adding new tokens, may be acquiring the cryptocurrency wallet provider and custody service, Xapo, The… The post Reports: Coinbase May Acquire Crypto Wallet Provider To Boost Crypto Custody Services appeared first on Invest In Blockchain.

Anonymous sources from The Block say that Xapo is being acquired by Coinbase. To make this purchase, Coinbase battled against Fidelity Digital Assets as their competitor in the deal, which is worth $50 million. Most of the world knows Coinbase as the US-based crypto exchange that falls in line with local regulations. However, the company […]

While the Binance hack that led to the loss of $40 million is regrettable, it has increased Ledger’s sales since the incidence. CEO of Ledger, Pascal Gauthier confirmed this at The Block’s Atomic Swap conference in New York on 15 May 2019. “Binance got hacked, and the day Binance got hacked, our sales doubled,” he […]

Opera is working to integrate support for Tron’s TRX and TRC-standard tokens in its browser-based crypto wallet.

Electronics giant Samsung first announced its plans to launch a Crypto wallet in its flagship Galaxy S10 phone. Many local publications have recently reported that Samsung is planning to extend its Crypto wallet support to budget Galaxy smartphones. Senior managing director at Samsung Electronics in the department of Product Strategy Team Chae Won-Cheol said: “We will lower barriers to new experiences by gradually expanding the number of Galaxy models that support blockchain functions. We will also expand our service target countries after Korea, the United States and Canada.” Galaxy S10 was released in March with a Cryptocurrency wallet. This wallet is capable of storing the public as well as private keys of various ERC 20 tokens. Previously Bitcoin’s logo has appeared in several images, but Samsung currently only supports ERC-20 tokens of Ethereum. So everyone here is with the hope that someday Samsung will add support to Bitcoin (BTC) and other…

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Web browser Opera has added support for tron (TRX) and TRC-standard tokens to its built-in crypto wallet. Web browser Opera has added support for tron (TRX) and TRC-standard tokens to its built-in crypto wallet, according to a press release shared with Cointelegraph on May 15. Last year, Opera first developed crypto wallet and Web 3.0 capabilities for its Android browser, launching the product in December 2018 with support for ether (ETH) and interactions with decentralized applications (DApps). “Web 3” is a term that was initially coined to refer to efforts to develop a semantic internet, and is increasingly used to refer to the evolution of a more intelligent, open and distributed web, which could integrate the use of blockchain, decentralized computing and cryptocurrencies. According to today’s press release, support for another major blockchain will enable an ostensible hundreds of millions of Opera users to play Tron-powered games and access Tron…

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A person or a group of people transferred a total of 45,000 Bitcoins worth approximately $363 million, to multiple wallets on May 15, 2019, at 10:27 UTC. The transactions were split into nine transactions: one, 1000 BTCs, two, 2000 BTCs, six, 5000 BTCs, and one, 12,000 BTC, as seen in the image below. Source: Blockchain.com All of the transactions were sent from one wallet: 18mkjbVaHAcMauL6iiy7zm9VjMYCjy4UU1, which was the 15th largest Bitcoin wallet, according to BitinfoCharts. Source: BitinfoCarts At the time of writing, there were only 2 confirmations for this transaction and it cost about $25 in fees. All transactions except one, do not have more subsequent transactions, i.e, the 12,000 BTC transaction to the 33LcXfaeL8jPUUntAXXJbNGxDnxGtRfnbc wallet address. Source: Blockchain.com This transaction, highlighted in yellow, was further split into four transactions to different wallets. According to Whale_Alert, this wallet (that is highlighted) belongs to Bitfinex. The sender of the 45,000 BTC, at press time,…

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Coinbase announced the support for Dogecoin on the Coinbase wallet on 1st May 2019. The announcement was a shock to everyone in the cryptocurrency community. But it was even more shocking to the developers of Dogecoin, who had no idea that Coinbase was going to add Dogecoin support. Dogecoin’s core team had tried the listing of Dogecoin on Coinbase in the past but to no avail. In October 2018, Dogecoin’s creator Jackson Palmer publicly stated that “Coinbase listing is nearly impossible, due to the legal documents they require”. Ross Nicoll one of the lead developer working on Dogecoin core, said, “Coinbase wallet adding Dogecoin was a surprise to me, certainly.  One of the fun parts of working in a decentralized project is sometimes others just grab a task and run with it, though, so I can’t swear no one external was involved.” According to Ross a combination of factor, which…

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The HTC EXODUS 1 which is another variation of a blockchain-friendly smartphone, next to Samsung Galaxy S10 and all the upcoming mid-tier Samsung phones, will be receiving an update to its blockchain swapping mechanism. The smartphone already has a native cryptocurrency wallet, therefore the feature will simply ensure that two devices will be able to swap cryptos inbetween without any hassle. The feature was added due to a newly formed partnership between HTC and Kyber Network cryptocurrency exchange. The partnership will ensure the implementation of the liquidity protocol on HTC, similar to the Zion Vault wallet app on the exchange. To put it simply, the feature will make sure that EXODUS 1 users will be able to swap ERC-20 tokens between devices without having to employ the services of third-party exchanges. According to HTC’s announcement, the crypto swaps will be completely done on-chain and be processed without any additional fees…

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Technology giant Samsung has announced that it will be expanding its integration of blockchain technology in its mobile devices. After including a crypto wallet in the recently-released Galaxy S10 smartphone, it will soon be doing the same for some budget Galaxy models.

An HTC executive confirmed the company’s desire to promote crypto-to-crypto trading without the need for a third party. Consumer electronics giant High Tech Computer (HTC) is rolling out in-wallet cryptocurrency trading for users of its Exodus 1 smartphone, according to a press release shared with Cointelegraph on May 14. HTC, which this week announced a low-cost version of its blockchain smartphone would appear around Q3 2019, now allows Zion Vault users to swap between various cryptocurrencies. The feature comes as a result of a partnership with Kyber Network, a dedicated platform for cross-token trading solutions. Swaps involve a selection of Ethereum (ETH)-based ERC-20 tokens, including basic attention token (BAT), kyber network (KNC) and dai (DAI), and removes the need to send tokens to intermediaries such as exchanges. As Cointelegraph reported, HTC intends to make its blockchain-enabled smartphone accessible to entry-level users. The more affordable model of the Exodus 1, dubbed…

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By CCN: In February, Samsung Electronics officially announced the integration of a crypto wallet into its flagship Galaxy S10 model in the form of “Samsung Blockchain Wallet,” enabling users to store Ethereum-based ERC20 tokens. According to local publications, Samsung is planning to integrate its crypto asset wallet into other Galaxy models including budget models that are more widely utilized by users worldwide. Big Boost in Crypto Adoption Chae Won-cheol, the senior managing director of the Product Strategy Team at the Wireless Business Division of Samsung Electronics, said that in the foreseeable future, the company will expand the number of Galaxy The post Budget Samsung Galaxy Phones Champion ‘Blockchain Wallet’ in Major Crypto Adoption Boost appeared first on CCN

HTC has added Kyber Network’s liquidity protocol to its blockchain phone, enabling direct swaps between ERC-20 cryptocurrencies.

Litecoin has recently announced that it is bringing a Litecoin oriented hardware wallet to the market and the investors went crazy However, the wallet was not the only thing that contributed to the massive jump. Right before announcing the introduction of the new repository, Litecoin was adopted by Travala.com. With two hard-hitting news coming out virtually at the same time, investors had every reason to get interested in LTC once again. According to the charts, LTC managed to surge a little less than 14% over the course of the information spreading across the internet. It is currently sitting comfortably at $85.80 a piece, but strong resistance is expected in the days to come. Simply introducing a wallet and a platform adapting the coin is not enough to break major price points such as $90, or even more, $100. Therefore a small correction is to be expected in the coming days.…

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The Tron Foundation’s focus on developing Tron and BitTorrent’s [BTT] ecosystem failed to help the coin climb the cryptocurrency list. However, Tron and BitTorrent CEO, Justin Sun, claimed a few days ago that Tron would be back in top-10 by June and BTT would enter the top 30 by Q2. In a recent interview with Bitcoin magazine, Sun spoke about the recent Binance hack, stating that his move to donate a sum equivalent to the stolen amount to the exchange was intended to reduce panic in the community and called it a “small setback”. Sun also supported Changpeng Zhao of Binance on his take on Craig Wright, the Bitcoin SV [BSV] proponent. Sun said, “I totally agree with CZ on Twitter. Craig Wright is always trying to bully people for legal because he knows he may not win the lawsuit itself, but he can sue the people because those people,…

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