Crypto Wallet

UK amends proposal to bind only private crypto wallets with high risk of illegal finance.   The government of the United Kingdom has backtracked on a controversial proposal that requires private data collection.  Previously, the rule indicated that fund senders must ID all receiving crypto-asset wallets before completing transactions. However, an amendment on Monday has restricted the proposal to only transactions that pose a risk of illegal finance.   Background on UK's KYC Proposal July 2021 saw the UK government pass…

Longtime electronic game giant, GameStop, has announced the release of its beta NFT wallet. The unveiled wallet is the first step to GameStop's goal of a native Ethereum-based NFT marketplace. GameStop Wades in Web3 Waters On Monday, 23rd May, GameStop took to its official Twitter account to publicize the development. The new wallet, downloadable on GameStop’s website, would allow users to send and receive digital assets without leaving their web browsers.  https://twitter.com/GameStop/status/1528693604364976129?s=20&t=xkghM9-X6-nnLMg4U5cgQQ According to the announcement, GameStop’s wallet boasts Ethereum…

MetaMask’s announcement of its Apple Pay integration surprised the crypto community. Investors in Apple and the crypto world are now wondering what this partnership may represent. Leaving aside any creative speculation of crypto enthusiasts, the advantages for Apple are relatively straightforward.   A Quick Introduction to the MetaMask Crypto Wallet MetaMask is a well-liked cryptocurrency wallet because of its simplicity and availability on desktops and mobile devices. The system can buy, transmit, and receive cryptocurrency directly from a wallet. It can…

The EU Council has decided to impose another ban on Russia, bringing the total number of sanctions against the Russian Federation to five. Its latest will tighten up previous sanctions on Russian-related wallets. As well as traditional accounts linked to Russia and Belarus. What the New Sanction Entails According to a press release issued by the EU, the current package features five items. The package focuses on coal and fossil fuels, access to EU ports, road transportation, exportation bans, as…

On Tuesday, the Trust Wallet team made an official announcement that its app was no longer available on Apple’s App Store. According to Trust Wallet’s Reddit Mod, the decentralized wallet became unavailable at 1 pm PST. In light of this, new users will be unable to download the app on their iOS devices. Old users of the app can still use the app but will be unable to update or reinstall the app. The team noted that they are working…

1Password is taking its storage security to another level with a new crypto-centered feature. The latest update allows users to store details concerning their cryptocurrency wallets. Simply put, you can store a small piece of information on 1Password that could help you remember your private key. However, you cannot store the entire key giving access to your digital assets. As a friendly reminder, you should always store your private key offline and never share it with anyone. 1Password Rolls out…

As part of an ongoing campaign against terrorism funding, Israeli officials have confiscated 30 crypto wallets from the Gaza-based exchange Al-Mutahadun. Wallets Seized from 12 Accounts The head of Israel’s Ministry of Defense, Beni Gantz, gave the green light for the seizure on Monday, February 28. Following this, officials from the Ministry, the Police, and the Military pooled resources for the operation. Together, the joint force took possession of 30 wallets suspected to be affiliated with the Hamas terrorists. Alongside…

DiveWallet is an all-inclusive, fully-functional, cross-chain mobile wallet that is just making its way on the market. The project aims to make the cryptosphere safer and secure the users' assets from scams and malicious attacks. This DiveWallet review looks closely at the most recent crypto wallet applications to surface in the crypto world. Read on to discover its features, tokenomics, and roadmap! What is DiveWallet? The crypto industry provides plenty of opportunities for everyone, including developers, investors, traders, and everyday…

In 2022, crypto trading will continue to become more mainstream. However, there is often a lot of confusion around the “best” mobile wallet to safely store your currency. The truth is that the available range of mobile wallets can overwhelm users. A crypto wallet works just like a physical wallet in a modern sense. But instead of paper-based currency, it holds digital cash with proof of security. Understanding that a crypto wallet can be an online site, an app, a…