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Singapore's MAS Blacklists ImToken Wallet for Unlicensed Operations
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Singapore's MAS Blacklists ImToken Wallet for Unlicensed Operations

Singapore's MAS has blacklisted ImToken, a crypto wallet provider, for lack of a financial license, citing its role as a decentralized, self-custodial wallet for investor protection and market stability.

Binance Admits to Storing Customer Funds in the same wallet
wallet

Binance Admits to Storing Customer Funds in the same wallet

Binance maintains certain client assets in the same wallet as its collateral for in-house tokens. Binance moved the funds to collateral wallets after the disclosure. B-Tokens are 1:1 collateralized, according to the company.

Square Wants Less Technical User-Friendly Cryptocurrency Wallets
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Square Wants Less Technical User-Friendly Cryptocurrency Wallets

Square Crypto, the cryptocurrency arm of the online payment service provider Square Inc is set to fund the development of crypto wallets with enhanced UX.

Tangem Announces Partnership for SHIB-Themed Cold Wallets, Strengthening Shiba Inu's Ecosystem
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Tangem Announces Partnership for SHIB-Themed Cold Wallets, Strengthening Shiba Inu's Ecosystem

Tangem, a prominent player in the blockchain industry, has announced it will unleash SHIB-themed cold wallets.

Blockstream's Greenlight Officially Launches, Promising Simplified Lightning Operations
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Blockstream's Greenlight Officially Launches, Promising Simplified Lightning Operations

Blockstream has officially launched Greenlight, a Lightning-as-a-Service (LaaS) solution, aimed at alleviating the operational challenges of managing Lightning network nodes while enhancing security. The service, revealed in June and launched on October 12, 2023, allows developers to retain key control, reducing risks and freeing up essential resources for core business operations. Greenlight offers a blend of convenience and self-custody, making it a noteworthy advancement in the blockchain and Lightning network domain.

US Sanctions Crypto Addresses of Russian Hackers Accused of Running Presidential Election Interference
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US Sanctions Crypto Addresses of Russian Hackers Accused of Running Presidential Election Interference

The US has released a sanctions list of Russians and their crypto addresses, under allegations that they have been interfering with the presidential election.

Tether Implements Wallet-Freezing Policy Aligned with US Regulations
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Tether Implements Wallet-Freezing Policy Aligned with US Regulations

Tether's wallet-freezing policy, in line with US OFAC regulations, is a proactive approach to cybercrime, setting a new standard in the crypto industry.

Stablecoins Wallet Addresses Records 12m with Holding at Least $1m
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Stablecoins Wallet Addresses Records 12m with Holding at Least $1m

According to data from CoinMetrics, the total number of wallet addresses holding at least $1 million has topped 12 million.

Singapore High Court Approves iSanctuary's Use of NFTs for Financial Investigations
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Singapore High Court Approves iSanctuary's Use of NFTs for Financial Investigations

In a legal first for Singapore, the High Court has granted permission to UK-based financial investigation firm Intelligent Sanctuary (iSanctuary) to use nonfungible tokens (NFTs) in tracking and freezing assets related to a hack. The NFTs, created in partnership with Mintable, will serve as a warning to counterparties and exchanges and enable real-time tracking of transactions from the compromised wallets.

Coinbase Acquires Crypto Wallet Firm BRD
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Coinbase Acquires Crypto Wallet Firm BRD

US-based crypto exchange Coinbase announced the acquisition of crypto wallet startup BRD, aiming to create more secure and reliable access to the encrypted decentralized world for users.

El Salvador Relaunches Chivo Wallet and Plans to Roll Out 1,500 BTC ATMs Nationwide
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El Salvador Relaunches Chivo Wallet and Plans to Roll Out 1,500 BTC ATMs Nationwide

El Salvador relaunches the Chivo Wallet, which promises to enable instant low-fee Bitcoin transactions by integrating with white-label infrastructure provider AlphaPoint while addressing issues related to stability and scalability.

Stars Arena Tightens Security Following $3M Exploit
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Stars Arena Tightens Security Following $3M Exploit

Stars Arena, an Avalanche-based Web3 social media app, is reinforcing its security measures following a $3 million exploit on October 6, 2023. The steps include the transfer of funds to a secure multisig wallet, a comprehensive security audit, and the engagement of a white hat team for rapid security review. Users have been urged not to deposit any new funds until the security overhaul is completed.

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