Blockchain.com

Crypto financial services company BlockchainCom revealed on Tuesday that clients’ emails were compromised in a data breach on July 20th. Though customers’ funds weren’t affected, they may have been targeted with fraudulent emails from people posing as the exchange.  Beware of Scam Emails, Warns BlockchainCom In an email shared with affected clients, the firm explained that BlockchainCom’s internal systems were not impacted. Rather, the initial data breach occurred against the exchange’s third-party vendor SendGrid. BlockchainCom was notified just a day…

An announcement by the crypto wallet and exchange provider, Blockchain.com shall enable users to borrow against their holdings. The loans are available in US Dollar-denominated stablecoins against holdings of Bitcoin. All holders of Blockchain.com wallet can access these borrowings immediately once collateral is made available. While there was no specificity on which stablecoins the loans would be paid out in, there is a high likelihood it will be PAX stablecoin. This dollar-pegged stablecoin was added by the wallet last year.…

Cryptocurrencies were created to be used in a peer-to-peer transactions, according to the whitepaper of Satoshi Nakamoto. This led to several cryptocurrency wallets by famous companies like Multibit, Electrum, Blockchain.com, Trust, ImToken, Coinomi, etc. Together with all the rest, these wallets have played a significant role in making crypto transactions easier. On the other hand, care must be taken when downloading a mobile wallet, as many fake ones are out there to steal users' funds. On the other hand, cryptocurrency…