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Traditional Financial Giant Lloyd's of London Introduces Cryptocurrency Insurance for Hot Wallets

Traditional Financial Giant Lloyd's of London Introduces Cryptocurrency Insurance for Hot Wallets

Insurance giant Lloyd’s has launched a new insurance product to protect digital asset holders against the rising threat of cybercrime in the crypto market.

Bitcoin Wallets Transferring Funds to Crypto Exchanges have Doubled Since January

Bitcoin Wallets Transferring Funds to Crypto Exchanges have Doubled Since January

Glassnode, an on-chain market analytics firm, has disclosed that addresses sending Bitcoin to crypto exchanges have doubled since January 2020.

Bitcoin Wallets Holding 10 BTC or More Decrease as Bitcoin Price Struggles to Hold $10,000

Bitcoin Wallets Holding 10 BTC or More Decrease as Bitcoin Price Struggles to Hold $10,000

According to a report by Glassnode analytics provider, the number of Bitcoin wallets holding ten or more BTC has declined.

US Department of Homeland Security to Host Blockchain-Based Digital Wallet Event with $25K Reward

US Department of Homeland Security to Host Blockchain-Based Digital Wallet Event with $25K Reward

DHS Science and Technology Directorate (S&T) and Silicon Valley Innovation Program (SVIP) will host a virtual event for a Digital Wallets Challenge on Oct 27.

Square Wants Less Technical User-Friendly Cryptocurrency Wallets

Square Wants Less Technical User-Friendly Cryptocurrency Wallets

Square Crypto, the cryptocurrency arm of the online payment service provider Square Inc is set to fund the development of crypto wallets with enhanced UX.

Hacking 101: Security of Bitcoin Wallets, From a Hacker's Point of View

Hacking 101: Security of Bitcoin Wallets, From a Hacker's Point of View

The safety of crypto wallets was recently questioned, after an incident where a Bitcoin address was successfully hacked.

Circle's New APIs Simplify Complex Crypto Concepts For Mass Institutional Adoption

Circle's New APIs Simplify Complex Crypto Concepts For Mass Institutional Adoption

Circle Builds Layers of Simplicity over Complex Crypto Concepts for Business to Trigger Digital Adoption

Russia Restricts Anonymous Cash Deposits to Online Wallets

Russia Restricts Anonymous Cash Deposits to Online Wallets

The Russian Government has put strict limits on anonymous deposits made to online wallets. While it is not a complete ban, the initiative by lawmakers is promoted as a step to deter illegal activity such as money laundering and illicit drug transactions and could affect up to 10 million users.

Crypto Wallets Holding more than 1,000 Bitcoins Hit an All-Time High

Crypto Wallets Holding more than 1,000 Bitcoins Hit an All-Time High

New data by Glassnode reveals that the number of BTC addresses holding at least 1,000 coins has broken the record at 2,305.

Binance, CoinMarketCap, BitPay, Coinbase, Paxful Among Android Apps Earmarked by Latest EventBot Malware

Binance, CoinMarketCap, BitPay, Coinbase, Paxful Among Android Apps Earmarked by Latest EventBot Malware

Cybereason, a US-based cybersecurity company, has detected an Android malware dubbed EventBot that has been targeting money transfer and banking apps. Coinbase, Bitpay, CoinMarketCap, Binance, Mycelium Wallet, Bitcoin.com, Paxful, and CoinGecko are among a list of Android cryptocurrency wallets and applications whose security might be compromised as they are in the vicinity of this malware.

Crypto Wallets Holding More Than 10,000 Bitcoin Hit a 2020 Record High

Crypto Wallets Holding More Than 10,000 Bitcoin Hit a 2020 Record High

Santiment revealed that crypto wallets holding at least 10,000 BTC have reached a record high of 111 in 2020, indicating positive sentiment from Bitcoin whales.

FinCEN Proposes Cryptocurrency Guidelines to Fight Money Laundering and Regulate Unhosted Wallets

FinCEN Proposes Cryptocurrency Guidelines to Fight Money Laundering and Regulate Unhosted Wallets

The Financial Crimes Enforcement Network (FinCEN) has proposed regulatory measures for businesses operating with cryptocurrencies, such as exchanges.

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