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When starting out with cryptocurrency, it is essential for users to set up a crypto wallet that both is secure and allows for financial flexibility (ease of exchange, streamlined transfers, and so forth). Today, there are wallets that can be hosted online, procured in the form of a hardware entity, or accessed on a computer. However, most users have … Read more
On February 1 the cryptocurrency media outlet and blockchain company Coingeek announced it plans to fund the Electron Cash team’s development. The new Electron Cash projects will involve working on innovative plans for the bitcoin cash ecosystem and a partnership with the firm Nchain. Also read: Bitcoin Cash Supporters Prepare for the Network’s Next Six Month … Read more
It was, by any reckoning, a huge haul. Between $400 million and $534 million dollars of NEM stolen, depending on whether you go on its value at the time or once the market had reacted to the news. At a press conference on Friday afternoon, the stunned Coincheck team painted forlorn figures as they came … Read more
The Russian government is in the process of finalizing the federal law for the regulation of cryptocurrencies and initial coin offerings. The draft law has now been officially published. It regulates the creation, issuance, storage, and circulation of cryptocurrencies. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and Token Sales Legal Crypto Definitions The … Read more
This week another bitcoin-based clone is coming called ‘Bitcoin Atom,’ a project that joins the myriad of other BTC copycats that have allegedly copied the protocol since late 2017. According to the team, the BCA network will launch when the bitcoin core network processes block 505,888 or roughly around January 25. Also read: South Korean Card … Read more
Bitcoin privacy wallet pioneers Samourai Wallet have announced a new proprietary app called Pony Direct, a transaction payment method (or to act as a relay) to send bitcoin via short message service (SMS), popularly used for texting. It’s a creative way to improve upon censorship resistance. Also read: Ditch University and High Transaction Fees! … Read more
Bitcoin cash (BCH) adoption by cryptocurrency companies is continuing, offering new options for users. It has now been added by a hardware wallet to its software client as well as by two more exchanges in Asia for trading. Furthermore, over 4,500 merchants in India may soon be able to accept payments in BCH. Also … Read more
Good news for everyone that has been trying to get their hands on a hardware wallet but found retailers to be completely out of stock in your area – the situation has urged investors to step in and the shortage might be addressed soon. Bitcoin hardware wallet maker Ledger has secured an extra $75 million … Read more
Another cryptocurrency service provider has been hacked, costing hundreds of thousands of dollars worth of losses to Stellar users this time. DNS hackers have hijacked the Blackwallet server, redirected some of the traffic and made off with 669,920 XLM. Also Read: Japan’s Largest Bank to Launch Cryptocurrency Exchange Stellar Wallet Blackwallet Compromised The team behind … Read more
During the first week of the new year, many cryptocurrency enthusiasts have been talking about the Lightning Network (LN). So far the protocol has surpassed 610 nodes and 1882 channels while many bitcoiners, businesses, and developers have tried the technology on both testnet and mainnet. This week the virtual private network (VPN) service Torguard initiated … Read more
