KuCoin Bags $150M at $10B Valuation to Focus on Web3, NFT, and DeFi

KuCoin plans to expand to Web 3.0, crypto wallets, GameFi, DeFi, and NFT platforms with the latest financing round.

Over 3.4m Sweatcoin Crypto Wallets Created since Launch of SWEAT Token in April

Sweatcoin has seen the creation of over 3.4 million crypto wallets via its mobile application since the SWEAT crypto token was announced by the company last month.

El Salvador’s central bank accepts Qredo's registration to provide crypto services

Registered Bitcoin service providers in El Salvador include Chivo, the firm behind the state-issued crypto wallets and kiosks, Paxos Trust Company, Paxful and OpenNode. Decentralized finance firm Qredo has received approval for registration as a Bitcoin (BTC) service provider in El Salvador.In a Wednesday announcement, Qredo said the Central Reserve Bank of El Salvador accepted the crypto firm's registration as a recognized Bitcoin service provider as laid out in the country’s Bitcoin Law.

Avalanche's New Wallet Will Feel 'Smooth as Silk': Ava Labs President John Wu

John Wu, a key figure behind Avalanche, shared his thoughts on the future of easier-to-use crypto wallets, venture capital, and subnets.

7 Best Non-Custodial Crypto Wallets: The Complete List

Do you want to take custody of your crypto? Here are some of the best non-custodial wallets to consider.

$500,000,000 in Bitcoin (BTC) Moving Between Unknown Wallets As Crypto Markets Search for Support

A whale-sized mystery is brewing as more than half a billion dollars in Bitcoin (BTC) is bouncing around numerous crypto wallets in less than a day.

Russian bankers reportedly want to outlaw noncustodial crypto wallets

The Association of Banks of Russia has previously collaborated with Binance as part of its expert center focused on crypto regulation. A major Russian banking association wants to criminalize keeping your own cryptocurrency keys.The Association of Banks of Russia, an organization including more than 300 Russian banks and financial institutions, has called on lawmakers to criminalize storing crypto outside of centralized exchanges on noncustodial wallets, local news agency Izvestia reported on Monday.In contrast to accounts at centralized crypto exchanges, noncustodial or self-custodial wallets allow users to store crypto without relying on a third party that is able to freeze, block or seize user's crypto assets.

EU Council Expands Sanctions on Crypto Wallets, Targeting Russian Officials

The European Union Council has imposed another round of sanctions on Russia with an extended ban on crypto-focused transactions for already blacklisted Russian individuals and their relatives.

EU Targets Crypto Wallets With the Latest Package of Sanctions Against Russia

The European Union targeted cryptocurrency wallets in a bid to close potential loopholes in existing restrictions that could allow Russians to circumvent sanctions and move money.

Robinhood Announces Integration With Bitcoin (BTC) Lightning Network Amid Rollout of 2,000,000 Crypto Wallets

Popular retail trading platform Robinhood says it will be utilizing Bitcoin’s Lightning Network in its rollout of over two million crypto wallets.

Robinhood Crypto Wallets Rolled Out to Over 2 Million Customers

Trading platform Robinhood has rolled out its new crypto wallets to more than two million customers.

Russians collectively hold $130B in crypto, prime minister says

Russians reportedly hold about $130 billion in cryptocurrency but the government is yet to adopt crypto legislation. The Russian prime minister declared that the cryptocurrency holdings of Russians are worth billions of dollars but the government is yet to adopt a regulatory framework for the industry.Russians collectively hold more than 10 trillion rubles ($130 billion) in cryptocurrencies like Bitcoin (BTC), Russian prime minister Mikhail Mishustin claimed at the annual report presentation of the Russian government on Thursday.The prime minister did not mention the source for this figure, noting that the amount is based on “various estimates,” stating:“We are well aware that we have more than 10 million young people having opened crypto wallets so far on which they have transferred significant amounts of money, which exceeds 10 trillion rubles.”If true, the latest estimations of Russian crypto holdings cited by Mishustin are pretty close to Russia’s gold stash, which reportedly amounted to $140 billion as of late March 2022.

Unhosted is unwelcome: EU’s attack on noncustodial wallets is part of a larger trend

Regulators on both sides of the Atlantic seem to be nervous about people transacting with their wallets. Last week, the European Parliament’s Committee on Economic and Monetary Affairs (ECON) and the Committee on Civil Liberties, Justice and Home Affairs (LIBE) voted in favor of a regulatory update that could compromise the exchange platforms’ ability to deal with noncustodial crypto wallets.

Mailchimp Insider Targets Trezor Crypto Wallets in Phishing Scam

An insider exploit of MailChimp's newsletter database has resulted in Trezor users being targeted in a malicious phishing scam.

EU Lawmakers Back Regulation Threatening Unhosted Crypto Wallets, Defi Space

Members of the European Parliament have approved a controversial regulation that could undermine the decentralized finance (defi) sector in the EU.

Bitcoin Briefly Dips Below $45,000 as EU Cracks Down on Crypto

Leading cryptocurrencies in Bitcoin and Ethereum both dropped points this morning as lawmakers in Europe take aim at crypto wallets.

European Union Proposes Crackdown on Non-Custodial Crypto Wallets

Firms interacting with non-custodial crypto wallets would be expected to collect personal details about the wallet’s owner, according to a new proposal.

Four reasons to choose Alium.Finance if you are an active user of cryptocurrencies

According to the analytical resource Blockchain.com, the number of active crypto wallets in the world has exceeded 81 million.

Crypto Wallet’s Native Token Explodes Over 150% in Less Than a Week As Altcoin Markets Bounce

An altcoin that powers one of the most popular crypto wallets is soaring amid a general uptrend in the markets.

US Senator Elizabeth Warren Introduces Bill That Could Ban Exchanges From Working With Russian Wallets

US Senator Elizabeth Warren is introducing a new bill enabling the Treasury Department to ban exchanges from facilitating transactions for Russian crypto wallets.

Here's a look at Bitcoin's supply side dynamics and why its important

Despite the recent cryptocurrency market volatility, the amount of Bitcoin in the crypto wallets of long-term holders consistently increased.

Jamaican central bank to airdrop Jam-Dex CBDC to early adopters

“Jamaica Digital Exchange” — Jamaica’s soon-to-be-released CBDC — will see citizens with crypto wallets receive a $16 deposit to help spread awareness and usage.

Crypto Sleuthing Firm Chainalysis Launches 'Sanctions Screening Tools' for DeFi, DAOs

An on-chain oracle and a public API aim to help decentralized projects better track crypto wallets and ensure regulatory compliance.

Senator Warren seizes on fears over crypto and sanctions with new bill

If passed, Elizabeth Warren’s new draft crypto bill will require local crypto exchanges to submit “detailed records” to the Treasury Department of customers' identities and transfers to private crypto wallets.

Elizabeth Warren Drafting Bill to Track Transactions to Private Crypto Wallets: Report

Senator Warren says the bill will help make sure Russia can't use cryptocurrency to evade sanctions.

Ukraine accepts DOT, founder Gavin Wood donates $5.8 million

The official Ukraine crypto wallets are now accepting donations from the Polkadot (DOT) ecosystem; cofounder Gavin Wood has donated $5.8 million or 298,367 DOT.

Report: Israel Defense Ministry Seized Crypto Wallets Holding Hamas-Destined Funds

Israel’s Defense Ministry seized cryptocurrency wallets holding funds that were destined for Hamas, a report has said.

Israeli authorities seize Hamas linked crypto accounts

The Israeli government has confiscated 30 crypto wallets from a small exchange based in Gaza, where the Hamas terrorist group has bolstered its military. A set of 30 crypto wallets from 12 exchange accounts that have been linked to the terrorist group Hamas based in the Gaza Strip were seized on Monday by Israeli authorities.Crypto exchange al-Mutahadun held the wallets where 12 accounts were allegedly being used by Hamas leaders to fund terrorist efforts against Israel.

Israel Confiscates 30 Crypto Wallets Allegedly Connected to Hamas (Report)

The Israeli authorities seized 30 cryptocurrency wallets from 12 accounts on suspicion that they were funding the terrorist group Hamas.

Israeli Defense Ministry Seizes Crypto Wallets Linked to Hamas Funding

The wallets were linked to currency exchange businesses designated by Defense Minister Benny Gantz as a terror organization.