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” BlockFi files motion to return frozen crypto to wallet users “ Bankrupt crypto lending platform BlockFi has filed a motion requesting authority from the United States Bankruptcy Court to allow its users to withdraw digital assets currently locked up in BlockFi Wallets. In a motion filed on Dec .19 with the U.S. Bankruptcy Court…
” Visa dreams up plans so you can auto-pay bills with your crypto wallet “ Crypto-users may one day be able to automatically pay their electricity and telephone bills through their self-custodial crypto wallets, according to payments giant Visa. In a Dec. 20 blog post, Visa’s crypto thought leadership team proposed a solution that would…
” $1.7M of Bitcoin tied to QuadrigaCX reawakens after years of dormancy “ Five wallets tied to the defunct Canadian cryptocurrency exchange QuadrigaCX, previously thought to be inaccessible, have just been spotted moving around $1.7 million worth of Bitcoin after years of dormancy. Crypto researcher ZachXBT alerted the crypto community in a Twitter post on…
” Israeli court rules authorities can seize crypto in 150 blacklisted wallets “ Tel Aviv’s Magistrate Court has reportedly issued a ruling allowing Israel’s government to seize all the crypto in more than 150 digital wallets that it hablacklisted for allegedly funding terrorist groups. According to a Dec. 18 local Israeli media report, Israeli Defense Minister…
” Only 1% of people can handle crypto self-custody right now: Binance CEO “ Binance CEO Changpeng “CZ” Zhao has cautioned the crypto community about self-custody, suggesting that 99% of people choosing to self-custody their crypto will likely lose it one way or another. CZ has been been a supporter of self-custody for years, referring…
” MetaMask to allow users to purchase and transfer Ethereum via PayPal “ Digital payments platform PayPal has teamed up with MetaMask parent company ConsenSys to allow MetaMask users to purchase and transfer Ether (ETH) via PayPal’s platform. According to the Dec. 14 announcement, the service will initially be rolled out only to select PayPal users within…
” Ledger hardware wallet adds DeFi tracking feature “ Users and developers are seeking out ways to stay both safe and informed after a year of volatility and uncertainty. During this shift, the hardware wallet developer Ledger announced a new integration for users to track the value of their assets. Ledger and Merlin, a decentralized…
” Bank of England opens applications for ‘proof of concept’ CBDC wallet “ The Bank of England (BOE) is seeking a “proof of concept” for a wallet that will be able to hold a Central Bank Digital Currency (CBDC). On Dec. 9, the BOE posted a request for applications on the United Kingdom government’s Digital…
” How do crypto hardware wallet firms make money? “ The hardware wallet industry has emerged as one of the most resilient sectors to the ongoing cryptocurrency winter, with issues like the FTX crash bringing in even more cold wallet sales. The bear market of 2022 has once again reminded crypto investors of the importance…
” What are crypto payment gateways and how do they work? “ The parallel development of payment processors for digital currencies is taking place along with the implementation of blockchain technology in various industries like healthcare, academics, supply chain and among others. Businesses willing to accept cryptocurrencies as a payment method rather than fiat currencies…