Tagged: wallets

December 27, 2018 @ 5:02 pm By Cali Haan  |  

The importance of storing one’s cryptocurrency safely was highlighted in South Korea this week when a court there decided that Korean crypto exchange Bithumb is not liable for customer funds hacked from an account there, Han Kyung reports. According to the outlet, an investor with… Read More

November 19, 2018 @ 5:33 pm By Cali Haan  |  

After holding a series of 18 meetings to review Canada’s Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA), the House Finance Committee has recommended that the Government of Canada regulate cryptocurrency businesses to prevent criminal use, iPolitics reports. The committee has been conducting meetings to… Read More

November 15, 2018 @ 2:52 pm By Cali Haan  |  

Lukas Stefanko, a Malware researcher and blogger, recently identified four crypto-stealing wallet apps being hosted at the Google Play Store: “These threats imitate legitimate services for NEO, Tether and MetaMask. I reported these apps to the Google security team and they were promptly removed.” Stefanko divided the fraudulent… Read More

October 31, 2018 @ 3:31 pm By Collins Brown  |  

A lot of people think of their cryptocurrency wallet as merely a digitized version of a real wallet that is used for storing funds. However, it doesn’t actually store cryptocurrencies. Rather, it saves a pair of public and private keys that grant access to one’s digital belongings. In a nutshell, a public key is a… Read More

October 14, 2018 @ 5:20 pm By Aubrey Hansen  |  

If you’ve been interested in cryptocurrency for any period of time, there’s a good chance you’ve heard the term “wallet,” and you probably realize that it doesn’t quite mean the same as it does in everyday life. A wallet in crypto terms is somewhere for… Read More

August 21, 2018 @ 12:28 am By Cali Haan  |  

A substantial sting operation in northeastern China has netted 3 suspects accused of robbing 100 million yuan (about $15 million USD) in crypto from an individual’s computer. According to the Xinhua News Agency, on March 30th, 2018, a complainant contacted the X’ian police station alleging… Read More