Source: Nym Technologies SA Bitcoin was initially thought by many to be anonymous digital cash due to the fact that all transactions are conducted as peer-to-peer transfers between wallet addresses which serve as pseudonyms. However, the public nature of Bitcoin’s ledger of transactions (the “blockchain”) means anyone can observe the flow of coins. This means that pseudonymous addresses do not…
For months, executives with trading app Robinhood have been promising that cryptocurrency wallets were coming. Today they’re finally here—well, for the first 1,000 people on the waitlist, that is. Robinhood announced today that its beta program has gone live, with plans to scale up to 10,000 users by March. According to a blog post, the wallets “will enable Robinhood customers…
In brief The Bank of Russia has proposed a full ban on cryptocurrencies. A handful of other countries have taken such a step. Dozens more have implicit bans in place. The Bank of Russia on Thursday issued a report calling for a total ban on cryptocurrencies. While Russia banned cryptocurrency payments in 2020 and the central bank last month floated…
The latest episode of Cointelegraph’s Crypto Stories featured never-before-heard audio from an exclusive interview with Vitalik Buterin, recorded at a conference in Hong Kong in 2014. In this animated short, viewers can learn about the origin story of Ethereum (ETH), the world’d second-largest cryptocurrency by market capitalization, straight from the founder himself. Back in 2011, while Buterin was a student…
press release Yield App – the official digital asset wealth management partner of premier league football club West Ham United – has unveiled the hotly anticipated Version 2 (V2) of its platform, just 11 months since it launched in February 2021. In this short time, Yield App has garnered more than 70,000 users and more than $420 million in managed…
“Money is the root of all evil.” You might have heard or read this phrase before, as it gets stated often, but without many people realizing that it’s a misquote of the biblical “For the love of money is the root of all evil” (1 Timothy 6:10). This misquote is completely wrong. Money, the Bible asserts, “is the answer for…
On Thursday afternoon, Twitter announced that it would be rolling out iOS support for nonfungible token, or NFT, hexagonal avatars. As of now, only paid subscribers of Twitter Blue using iOS, which costs $2.99 per month, can access the feature. According to a tutorial video, users can connect their wallet, including Coinbase Wallet, Rainbow, MetaMask, Trust Wallet, Argent, or Ledger…
The U.S. Federal Reserve is opening comments to the public after releasing a discussion paper on the pros and cons of a potential central bank digital currency. In a publication released Thursday titled “Money and Payments: The U.S. Dollar in the Age of Digital Transformation”, the Fed said it would likely not be authorized to issue digital wallets or accounts…
The first Congressional hearing on bitcoin mining took place on Thursday after a U.S. House subcommittee scheduled it to get a better understanding of the environmental impacts of the industry. Rep. Diana DeGette, a Democrat from Colorado, said in her opening statement that despite the promising applications of Bitcoin and blockchain technology, mining’s energy usage and carbon emissions ought to…
On January 11, scammers pulled off one of the largest NFT rug pulls in the history of the Solana blockchain. The scammers made off with 9,136 SOL, or around $1.3 million at the time, in funds sent by would-be collectors to mint “Big Daddy Ape Club” NFTs—except there were no NFTs. And the people behind the Big Daddy Ape Club…
