Financial Industry News
Lightning startup Zap Inc., maker of both the namesake, non-custodial bitcoin wallet and the payments app Strike, raised its first round in April, led by Green Oaks Capital and including veteran bitcoin investor Anthony Pompliano. The funding was first reported by Forbes on Wednesday. Disclosure The leader in blockchain news, CoinDesk is a media outlet […]
Continue ReadingBeauty mogul Michelle Phan isn’t the only woman to notice similarities between makeup startups and crypto communities. Both are dominated by influencer marketing with products sold through direct-to-consumer (DTC) models and aggregated retail platforms like Amazon, Etsy or Shopify. In emerging markets without direct access to Amazon, Lebanese bitcoiner Michel Haber said grassroots traders often […]
Continue ReadingPeter Schiff may be unable to sell his Bitcoin (BTC), after getting locked out of his wallet. Schiff, who has been critical of BTC and sees its price as potentially tanking, tweeted that his wallet failed to decrypt. Peter Schiff Loses Acess to his Bitcoin Stash Bitcoin wallets are not forgiving of lost passwords or […]
Continue ReadingBobby Lee, co-founder of BTCC crypto exchange, was at the Consumer Electronics Show in Las Vegas this week, demonstrating the first physical samples of his non-electronic hardware wallet, Ballet. Physical Card And Accompanying App Ballet is billed as the ‘world’s first multicurrency non-electronic physical wallet’, and offers a 100% offline cold-storage solution. The credit card […]
Continue ReadingCrypto practitioners who depend on Keepkey hardware wallets to store their coins ought to take a pledge of not discussing it in public. Kraken Warns Crypto Users The warning appears on Kraken’s latest blog post wherein it discusses a serious flaw in all of the Keepkey hardware wallets. The US exchange’s security research wing claims […]
Continue ReadingChinese bitcoin FOMO appears to be on the rise as a major bank has reportedly invested in a local wallet platform. This report marks another significant crypto and blockchain-related development from China as the country appears to be moving towards government-approved adoption. China Merchants Bank Invests in BTC Wallet Service Tweeting on Monday (October 28, […]
Continue ReadingBlockstream CEO, Adam Back, says that the company is looking at implementing a method by which lost bitcoin will become recoverable. But before you stop trawling through the tip for that old hard drive you threw out, he wasn’t referring to those lost bitcoin. Backup Bitcoin Keys Talking during an interview at the Lighting Conference in Berlin, […]
Continue ReadingBobby Lee, the co-founder of BTCC, China’s first cryptocurrency exchange, has a new startup called Ballet. The company ‘builds’ un-hackable Bitcoin and crypto wallets with no electronic parts, in a credit card-like form. “Bobby, will you help me store my bitcoin for me?” Lee told Yahoo Finance UK that he was tempted back into crypto […]
Continue ReadingSouth Korean electronics giant, LG, is likely to launch a cryptocurrency-enabled smartphone soon, according to industry insiders. LG must respond to industry rivals, Samsung, who recently released a limited-edition version of its bitcoin-wallet toting Galaxy Note 10. LG Cryptocurrency Smartphone Could Be Imminent According to a report by South Korean news outlet, IT Chosun, LG started […]
Continue ReadingEarlier this year, the Samsung Blockchain Wallet was added to their flagship phone, the Galaxy S10. Initially only supporting Ethereum and some ERC20 tokens, the Samsung Wallet now supports Bitcoin, Binance Coin (BNB), and most of the major stable coins. Putting Bitcoin Wallets in Everyone’s hand Now that some of the biggest coins are supported, […]
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