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“# Exodus Wallet raises almost $60M in crypto in regulated offering ” Crypto wallet provider Exodus has raised more than $59 million in just five days as investors flocked to participate in the public offering. Exodus Movement, Inc., a firm based in Delaware, began selling stock on April 8 in a sale that was approved…
“# Ledger faces class action from phishing scam victims ” Ledger and Shopify have been hit by a class action lawsuit over a major data breach that saw the personal data of 270,000 hard wallet customers stolen between April and June 2020, Phishing scam victims John Chu and Edward Baton filed the lawsuit in California…
“# Former Apple Music exec joins crypto firm Ledger as head of NFT division ” Apple Music veteran Parker Todd Brooks is leaving the company to join Ledger, one of the biggest providers of cryptocurrency hardware wallets. According to a Friday announcement, Brooks will now head Ledger’s non-fungible token, or NFT, division as the company…
“# iPhone user blames Apple for $600K Bitcoin theft via fake app ” A scam cryptocurrency app on Apple’s app distribution service App Store has reportedly stolen $600,000 Bitcoin (BTC) from one iOS user. Cryptocurrency holder Phillipe Christodoulou fell victim to a scam app on the App Store, losing nearly all his life savings to…
“# Proposed FinCEN rule is a ‘grave threat to personal privacy,’ says Coin Center ” After the U.S. Treasury Department extended the comment period for anyone to express their thoughts on a proposed crypto rule, non-profit crypto policy advocate group Coin Center has made another — and possibly final — argument to regulators. Coin Center…
“# Crypto wallets in 2021: From hot to cold, here are the options ” After another jump in the price of major cryptocurrencies at the end of 2020, crypto enthusiasts began to mine, sell and buy currencies with renewed vigor — which means that nowadays, the topic of custodying cryptocurrencies is more relevant than ever….
“# How wallet platforms are taking on exchanges ” One of the biggest trends in recent months has seen Bitcoin flow out of exchanges into wallets. Generally, this is interpreted as a bullish sign — indicating that investors are optimistic about further growth in cryptocurrency prices. But delve deeper, and there’s more to this than…
“# Brave unveils plans for DEX aggregator and NFT wallet in next browser ” Crypto-powered web browser, Brave, has unveiled its “Roadmap 2.0” — laying out plans for an integrated DEX aggregator and non-fungible tokens support.. Brave’s new roadmap highlights the company’s desire to integrate DeFi functionality in its wallet and explore scaling solutions for…
“# Blockchain mysteries: Biggest crypto transaction fee oddities ” Users can send cryptocurrencies virtually anywhere globally via the blockchains on which they are based. By sending crypto assets, however, fees are incurred. Transactions may take longer for certain assets, depending on their related blockchains. Certain crypto wallets and platforms give users the option to choose…
“# 88% of all BTC transfers are overpaying transaction fees ” According to analysis by Mark “Murch” Erhardt of Chaincode Labs, 88% of all Bitcoin transaction inputs pay higher fees than are necessary. Erhardt bases his conclusion on data showing just 12% of transaction inputs use the SegWit format, which is less fee intensive than…