When it comes to traveling with cryptocurrency, one of the most important aspects to consider is the security of your digital wallet. There are several time-tested strategies that can help ensure the safety of your funds while on the move. Another crucial factor to keep in mind when accessing your crypto accounts while traveling is
Platforms
APhone has recently introduced AppNest, a decentralized app store that aims to revolutionize the traditional mobile app market dominated by tech giants like Apple and Google. This innovative platform supports both blockchain-based decentralized applications and conventional Web2 apps, offering users a truly Web3-native experience. By eliminating the hefty fees of up to 30% imposed by
The recent revelation by blockchain security firm CertiK regarding a critical vulnerability in crypto exchange Kraken’s deposit system has sent shockwaves through the cryptocurrency community. The firm uncovered an issue in Kraken’s deposit system that failed to differentiate between various internal transfer statuses, leading to a deeper probe into the potential for malicious actors to
The Bitcoin network has entered the NFT industry with a bang, making significant strides in terms of sales volume. According to data from NFT tracker CryptoSlam, Bitcoin-based NFTs have amassed an impressive $4.29 billion in total sales as of June 18. This places Bitcoin in third position, behind only Ethereum and Solana, which have sales
South Korea’s Financial Supervisory Service (FSS) has recently addressed the concerns surrounding the potential removal of various digital assets from local cryptocurrency exchanges. This development comes in light of the Virtual Asset User Protection Act, which aims to enhance compliance and scrutiny of listed tokens on these platforms. Contrary to initial reports, the FSS has
Ripple is set to introduce a new stablecoin called Ripple USD (RLUSD) in 2024 on both the XRP Ledger and Ethereum platforms. This stablecoin is designed to act as a link between traditional finance and the cryptocurrency industry. Despite the promising prospect of RLUSD, the United States Securities and Exchange Commission (SEC) has already criticized
In a recent report by KuCoin exchange’s research arm, it was noted that the cryptocurrency market saw $1 billion in new investments in May. This represents a slight decrease from the previous month, indicating a 6.4% decline in investment figures. However, when compared to May 2023, there has been a 10.61% increase in disclosed investments,
The New York Attorney General’s office recently announced the resolution of its settlement with Gemini, resulting in the recovery of $50 million for users of the defunct Gemini Earn program. This settlement comes after legal charges were filed against Gemini by the NYAG, alleging that the exchange misled thousands of investors on the risks associated
The IOTA Foundation’s Web3 Identification Solution has been selected for the European Blockchain Sandbox program, marking a significant milestone in the evolution of Know-Your-Customer (KYC) processes and privacy in the Web3 space. This decision underscores the importance of addressing regulatory concerns surrounding KYC and privacy, especially as decentralized finance (DeFi) continues to attract regulatory scrutiny.
Despite the recent decline in the price of Ethereum (ETH) to around $3,500, analysts are optimistic about the potential for the cryptocurrency to reach new all-time highs. Wolf and Jelle, two prominent users, have presented compelling arguments for a bullish path ahead for ETH. Wolf’s price chart shows a favorable trend since the beginning of