Trust

IOTA Identity v1.2 enhances digital identity management by integrating IOTA and Shimmernet, emphasizing transparency and community involvement. This update represents a significant advancement in Self-Sovereign Identity (SSI) technology, leveraging W3C standards for decentralized digital identity. IOTA Identity v1.2 marks a significant advancement in the realm of digital identity. Its integration with the Shimmernet is nearing completion, heralding a new era in decentralized identity solutions. As highlighted by CEO Jelle Millenaar, this update, featured in Crypto News Flash (CNF) , not…

[PRESS RELEASE – Hong Kong, Hong Kong, March 29th, 2024] Cryptocurrency scams are rampant, costing victims billions. A shocking report by the Federal Trade Commission (FTC) reveals that since the beginning of 2021, over $1 billion has been lost to crypto scams, a staggering figure representing more than one out of every four dollars reported lost in scams. In this Wild West of finance, trust is hard to come by. As the famous investor Warren Buffett said, “It takes 20…

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…