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Iran-Backed Houthi Group Faces Sanctions On Cryptocurrency Wallets Funding War Efforts
Friday, April 4, 2025 - 6:30am | 527The Treasury Department took action against a Houthi financial network, imposing sanctions on cryptocurrency wallets used by the Iran-backed militant group to fund its war machine. What Happened: According to a Wednesday press release, the Department of the Treasury's Office of...
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Crypto Wallet Provider Exodus Makes Wall Street Debut, Shares Pop 37%
Thursday, December 19, 2024 - 2:54am | 335Exodus Movement Inc. (NYSEAMERICAN: EXOD) commenced trading on the NYSE American exchange Wednesday, becoming the latest publicly traded company on Wall Street with cryptocurrency as the core business. What happened: The shares of the self-custodial wallet provider closed 37% higher at $53.50 after...
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Don't Get Left Behind: Web3 Wallets Offer More Than You Think In Today's Market
Wednesday, May 1, 2024 - 12:38pm | 614The Web3 landscape is experiencing a significant shift, with user expectations for their wallets evolving rapidly. Gone are the days when secure asset storage was the sole function; users now seek a more comprehensive and integrated experience within their Web3 wallets. Features like DApp browsing...
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Bitcoin's Retail Revolution: Will Small Investors Drive The Future?
Wednesday, November 29, 2023 - 7:01pm | 570A new research report shed light on the ownership landscape of Bitcoin (CRYPTO: BTC), revealing a substantial majority of Bitcoin holders were small investors, with approximately 74% of Bitcoin addresses holding less than 0.01 BTC. The study, by Grayscale Research, titled "Demystifying Bitcoin...
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Crypto Criminals' Days Numbered As India Deploys CIAT
Friday, September 22, 2023 - 10:51am | 478India's Ministry of Home Affairs (MHA) is taking steps to address the rise in cryptocurrency-associated illicit activities by initiating the development of the Cryptocurrency Intelligence and Analysis Tool (CIAT). This endeavor is spearheaded by the Indian Cyber Crime Coordination Centre, an...
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Cryptosat, Dfns Labs Break Boundaries With Crypto Keys In Low-Earth Orbit
Monday, June 26, 2023 - 10:30am | 511Cryptosat has joined forces with Dfns Labs, the research division of web3 wallet infrastructure and security firm Dfns, to develop and test a so-called “Space Wallet.” The wallet, engineered to safeguard high-value transactions, utilizes an innovative threshold signature scheme with a...
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Wyre Lifts Withdrawal Limits, Secures Additional Funding To Continue 'Ecosystem Revolution'
Friday, January 13, 2023 - 11:19am | 375Cryptocurrency payment platform Wyre on Friday lifted the 90% withdrawal limit it had placed on its users earlier this week, after securing additional funding from a “strategic partner.” What Happened: The company stated it will resume accepting deposits and lift the 90% withdrawal...
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Bitcoin Investor Lost $100K In Botched Up Wallet Migration: How You Can Avoid Similar Fate
Thursday, January 7, 2021 - 8:01am | 345A Reddit user has posted a warning to tech-savvy Bitcoin (BTC) holders not to be overconfident in the way they manage their cryptocurrency after losing nearly $100,000. What Happened: The user, who goes by the name Onnar on Reddit, described in detail how he lost 2.6 BTC — worth nearly $...
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PayPal Eyes Purchase Of Cryptocurrency Custodian BitGo: Report
Friday, October 23, 2020 - 12:25am | 286PayPal Holdings Inc (NASDAQ: PYPL) is in talks with digital asset custodian BitGo for an acquisition deal, according to Bloomberg. What Happened: A deal could be reached within weeks but discussions are still in the early stages, people familiar with the matter told Bloomberg. PayPal...