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Ledger Faces Backlash for Controversial Backup Tool as Crypto Community Expresses Discontent

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Hardware wallet maker Ledger is facing significant backlash for its recent introduction of a tool enabling users to back up their seed phrases through the transmission of encrypted key fragments to third-party firms. The crypto community has not embraced this new feature, with numerous digital currency users venting their frustration on social media platforms. Ledger’s … Read more

Coinbase Tries AI Assistant Chatgpt for Pre-Listing Risk Assessment of Tokens

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Crypto exchange Coinbase has tested Openai’s Chatgpt as a token verification tool comparing it with its standard security procedure. In over half of the cases, the AI platform produced the same results as the manual review, but it also failed to recognize some high-risk assets. Chatgpt Approves 5 High-Risk Tokens, Coinbase May Use It for … Read more

Cryptocurrency Turnover Growing in Russia, Watchdog Reports to Putin

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Use of cryptocurrencies is increasing in Russia, the head of the country’s financial watchdog has informed President Putin. The agency, Rosfinmonitoring, is following thousands of participants in digital asset transactions with a new blockchain analytics system, the official revealed. Volume of Crypto Transactions in Russia Almost $13 Billion, Financial Authority Says The turnover of crypto … Read more

Russia’s Interior Ministry Employs Tool to Identify Crypto Wallet Owners, Track Transactions

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The Russian Ministry of Internal Affairs is now using a digital tool allowing officers to link cryptocurrency wallets to their owners. The software also has a feature facilitating the monitoring of crypto asset transactions, the department told Russian media. Russian Police Brag About New Crypto Tracing Tool on Eve of Anti-Corruption Day Employees of MVD, … Read more

White Paper Published by Microsoft Describes an Ethereum-Based Tool to Combat Pirated Content

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Researchers from Microsoft, Alibaba Group, and Carnegie Mellon University have published a paper that claims the Ethereum network can help prevent piracy. The paper, called “Argus: A Fully Transparent Incentive System for Anti-Piracy Campaigns,” describes how Argus is superior to existing solutions. Argus: An Ethereum-Powered Anti-Piracy Tool A study written by Xian Zhang, Xiaobing Guo, … Read more

Ticker Tool Uses the BCH Blockchain to Provide Reliable Rate Data

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Instantly verifiable, unhackable and forever retrievable are some of the key features of information stored on a blockchain. These are also the characteristics that traders of various assets, commodities and currencies would appreciate when it comes to the price data they are using. The team behind the Blitz Ticker project have decided that’s exactly what … Read more

Fed Research Considers Negative Interest Rates Effective Policy Tool

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A research paper published by the Federal Reserve Bank of San Francisco shows how negative interest rates could become an important policy tool for fighting future economic downturns. The paper examines the market response to the introduction of negative interest rates by five major central banks. Also read: Where US Regulators Stand on Cryptocurrency Fed … Read more

Android Tool Lets You Check Crypto Payment Apps for Double-Spends

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The risk of double-spending has traditionally been a major obstacle to creating and fully using digital money. A flaw of this kind would be detrimental to the credibility of any system claiming to provide universal solutions to the financial needs of our era. Whoever created Bitcoin elegantly solved the difficult task, but a growing ecosystem … Read more

Vaulty Aggregates All Your Cryptocurrency Addresses Using a Single Link

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The ability to receive direct crypto payments is of great importance for numerous small businesses, individual entrepreneurs, content creators and non-governmental organizations like charities. Many of them accept different cryptocurrencies and Vaulty.io provides help with managing multiple addresses. Also read: Haasbot Is an Automated Trading Tool for the Crypto Market Vaulty Displays All Your Public … Read more