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“# Crypto lobby defends self-hosted wallets and P2P from rumored gov’t crackdown ” Major players in U.S. crypto lobbying are coming out in defense of non-custodial wallets. On Tuesday, the Blockchain Association released a new report presenting policy options for self-hosted wallets to regulators. On Wednesday, Coin Center published an expert view by Jai Ramaswamy,…
“# Simple steps to keep your crypto safe ” As the cryptocurrency market is in the midst of a major bull run with Bitcoin (BTC) approaching its all-time highs, the security concerns of cryptocurrency self-storage are becoming more relevant than ever. On Nov. 12, Bitcoin — the world’s largest cryptocurrency by market cap — surpassed…
“# Simple in practice: Crypto education is key to curbing phishing scams ” As the global crypto economy continues to prosper, with Bitcoin (BTC) currently occupying the $15,500 region, questions regarding the overall safety and security of digital assets continue to persist, especially in the wake of a new scam whereby hackers made use of…
“# PayPal might issue its own cryptocurrency soon, says CoinShares exec ” Global digital payment giant PayPal might be moving into issuing its own cryptocurrency after officially entering the crypto industry, according to a major industry exec. Meltem Demirors, CSO at digital asset management firm CoinShares, says that she will not be surprised if PayPal…
“# Number of Bitcoin wallets holding over 100 BTC tests 6-month high ” More than 16,159 Bitcoin wallets now hold 100+ BTC according to analytics data provider, Glassnode. An October 19 report from the company stated that this figure tests the previous 6-month high of 16,158, last seen on June 8. Glassnode additionally posted that the number of non-zero Bitcoin…
“# The Bahamas central bank wants to make its digital ‘Sand Dollar’ global ” The Central Bank of the Bahamas (CBOB) is planning to make its central bank digital currency project interoperable on the international level. Bobby Chen, CBOB assistant manager of electronic solutions, claimed that the Bahamas’ digital currency — dubbed the “Sand Dollar”…
“# CipherTrace gives officials tips on how to uncover criminals’ crypto caches ” Blockchain forensics firm CipherTrace has published comprehensive guidance to assist law enforcement officials in identifying signs of cryptocurrency use when carrying out criminal investigations. The report notes that the U.S. Department of Treasury has identified a “consistent decrease in reported bulk cash…
“# Bitcoin has a ‘dark forest’ of its own, and it has to do with brainwallets ” The concept of a blockchain “dark forest” has been popularized recently by Ethereum and the existence of front-running bots that will copy any profitable transaction pending for submission. The bots are able to assess if any given transaction…
“# Ledger wallet company passes official security audit ” Ledger, a crypto company providing a number of hardware wallet solutions, has obtained a successful System and Organization Controls, or SOC, Type 1 test. Friedman LLP, a New York-based accounting firm, ran the SOC 2 Type 1 test on Ledger, according to a statement provided to…
“# Bitfinex hackers move another $30M in stolen Bitcoin from 2016 ” Bitcoins (BTC) stolen from major cryptocurrency exchange Bitfinex back in 2016 are on the move again, as hackers shift another massive batch of funds to unknown wallets. According to data from crypto transaction tracking service Whale Alert, Bitfinex hackers moved more than $4.6…