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Over 50% Crypto Investors Backup Security Keys by Paper Wallets, Threatening its Vulnerability

Over 50% Crypto Investors Backup Security Keys by Paper Wallets, Threatening its Vulnerability

New research by Unstoppable Domains, Efani, and NGRAVE found that more than half of crypto investors at 54% store their security keys on a paper wallet amid intensified cyber attacks.

Banking on Blockchain: ICBC Releases First-Ever White Paper on Blockchain for the Financial Sector

Banking on Blockchain: ICBC Releases First-Ever White Paper on Blockchain for the Financial Sector

One of China's major banks, the Industrial and Commercial Bank of China (ICBC) has released its white paper on blockchain-based applications in the financial sector. The document is the first white paper related to blockchain technology in the financial industry. The paper also highlights the present challenges faced by the banking sector.

Chinese Bank Issues the First Asset-Backed Commercial Paper in China on Blockchain

Chinese Bank Issues the First Asset-Backed Commercial Paper in China on Blockchain

China Zheshang Bank, based in Zhejiang province has leveraged blockchain technology to issue the country’s first asset-backed commercial paper in the Chinese financial market. China Zheshang Bank successfully issued the “Lianxin 2020 Lianjie First Phase Asset-backed Commercial Paper,” which was worth 120 billion yuan ($16.93 billion). The asset-backed commercial paper (ABCP) was issued as a part of the National Association of Financial Market Institutional Investors’ (NAFMII) pilot project. ABCPs are short-term investments issued by financial institutions to support companies in their short-term goals.

US Department of Homeland Security to Host Blockchain-Based Digital Wallet Event with $25K Reward

US Department of Homeland Security to Host Blockchain-Based Digital Wallet Event with $25K Reward

DHS Science and Technology Directorate (S&T) and Silicon Valley Innovation Program (SVIP) will host a virtual event for a Digital Wallets Challenge on Oct 27.

Former Ripple Executive Loses Keys to Digital Wallet Holding $240 Million worth of Bitcoin

Former Ripple Executive Loses Keys to Digital Wallet Holding $240 Million worth of Bitcoin

Former Ripple executive Stefan Thomas may have made a fortune off Bitcoin, but he might never be able to touch it.

FunFair’s New Crypto Wallet Intended for Blockchain Mass Adoption

FunFair’s New Crypto Wallet Intended for Blockchain Mass Adoption

FunFair, a decentralized gaming platform has developed a new non-custodial crypto wallet, intended for propelling blockchain mass adoption.

IOTA’s Next Generation Wallet—Firefly: What New Features to Expect

IOTA’s Next Generation Wallet—Firefly: What New Features to Expect

Firefly, the new wallet comes with a range of improvements that will transform IOTA into an enterprise-ready protocol.

Maiar Wallet Makes Sending Money as Easy as Sending a Text

Maiar Wallet Makes Sending Money as Easy as Sending a Text

Maiar Wallet, a decentralized, non-custodial, low fee, multi-currency digital wallet built on the Elrond blockchain to empower everyday users.

Cryptocurrency wallet Lumi launches new payment method Apple Pay

Cryptocurrency wallet Lumi launches new payment method Apple Pay

Multi-currency crypto wallet Lumi, which enables the purchase, exchange & storing of digital assets, has added Apple Pay as an available payment method.

Cardano Will be “Extremely Competitive” in the DeFi Space With Upcoming Goguen Rollout

Cardano Will be “Extremely Competitive” in the DeFi Space With Upcoming Goguen Rollout

IOHK CEO Charles Hoskinson laid out the roadmap for September, including multiple performance improvements, and new wallet functions.

Congress Members “Express Concern” Over Treasury’s Potential Crypto Wallet Regulations

Congress Members “Express Concern” Over Treasury’s Potential Crypto Wallet Regulations

Four members of Congress have expressed concerns in a letter to the US Treasury Secretary Steven Mnuchin, over their rumored self-hosted crypto wallet regulation ban.

Malaysian Authorities to Extend Crypto Regulations to Wallet Providers

Malaysian Authorities to Extend Crypto Regulations to Wallet Providers

The Malaysian Securities Commission plans to extend crypto regulations to wallet providers in the country owing to their importance in the cryptocurrency ecosystem.

One of the Richest Men in Mexico Invests in Bitcoin, saying “Paper Money is Worth Nothing”

One of the Richest Men in Mexico Invests in Bitcoin, saying “Paper Money is Worth Nothing”

One of the wealthiest men in Mexico, Ricardo Salinas Pliego has just revealed that he had invested 10% of his liquid portfolio in Bitcoin (BTC).

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