MyEtherWallet, a well-known Ethereum wallet app, is releasing a feature named “Host Your Own Site” that provides an easy interface for its users to upload a website to the InterPlanetary File System, or IPFS. IPFS-based websites are tied to Ethereum-based domain name services, such as ENS and Unstoppable Domains, which feature either “.eth” or “.crypto” suffixes. The websites are hosted on a decentralized network of peer-to-peer computers, which makes them resilient to most censorship tools available for the traditional web. The integration on MyEtherWallet automates the process of uploading a website to the IPFS. As Kosala Hemachandra, the CEO of …
Singaporean carpooling app Ryde announced the launch of its own cryptocurrency wallet which will facilitate Bitcoin (BTC) payments for its service. In an announcement shared with Cointelegraph on June 17, Ryde claims to be the first and only ride-hailing application to incorporate Bitcoin payments into its ecosystem. The firm’s customers will be able to use Bitcoin to pay their rides starting on June 22. Other cryptocurrencies will follow Ryde’s wallet, RydePay, will allow its users to convert Bitcoin into Ryde coins to top up their balance and pay for their rides. The conversion happens at market rates, with no fees …
New York-based crypto custody startup Casa has released a new wallet for Bitcoin newbies and long-term HODLers. In a Casa blog post on June 13, the crypto firm that provides a private key management service announced it had created Casa Wallet after an investment from venture capital fund Mantis VC. A software wallet designed around privacy, Casa Wallet allows users to not provide any personal information apart from a first name and email. In addition, unlike some software wallets like Exodus, Casa said its users do not need to set up an account with a seed phrase — usually a …
Digital asset hardware wallet firm Ledger has joined a blockchain interoperability coalition, the Universal Protocol Alliance. In an announcement on June 11, UPA revealed that the high-profile French hardware wallet maker will be integrating its blockchain security and infrastructure solutions with Universal Protocol technology and assets. UPA singled out Ledger Vault — the Ledger’s multi-authorization governance infrastructure and insurance-backed asset management solution — as a key component that addresses the concerns of the alliance and its members. The UPA and its members The alliance’s existing members include Bittrex Global, decentralized lending platform Cred, crypto payments platform Uphold, smart contract security …
The crypto community has rallied in support of the victim of a phishing scheme who lost 12 Bitcoins (BTC) — the entirety of the investor’s holdings that had been accumulated over seven years. On June 12, Eric Savics, the host of Protocol Podcast, tweeted that he has lost his entire Bitcoin savings after entering aftering the seed phrase for his hardware wallet into a malicious imposter of KeepKey’s app from the Google Chrome store. Savics stated that he had hoped to purchase an apartment in future using the funds, stating: “All of my savings are gone, I have zero Bitcoin.” …
In an interview with Cointelegraph, Adam Traidman, the co-founder and chief executive of BRD, formerly Breadwallet, shared the story of his journey into crypto. BRD was founded in 2015, quickly rising to prominence as a popular wallet in the United States and emerging economies like Venezuela. After initially being skeptical regarding Bitcoin’s prospects for mainstream adoption, Tradiman was won over after overhearing a conversation between executives at Andreessen Horowitz concerning BTC. I told him he was out of his mind “I'm originally a computer chip designer, and it was in about 2013 when I was CEO of a company that …
The number of investors with Bitcoin (BTC) holdings of 0.1 coins or more has broken into new all-time highs. Data published by crypto data aggregator Glassnode on June 13 shows the number of wallets holding 0.1 BTC or more reaching a new record of 3,054,282 — beating out May 21’s previous record by 212 addresses. Addresses holding 0.1 BTC breaks records The number of wallets holding 0.1 BTC or greater has steadily increased since spiking and falling as the 2017 bull run reached its peak, with new records above 2.75 million consistently being set since April 2019. Bitcoin addresses storing …
The internet started its life over 30 years ago, and since then, it has penetrated almost every aspect of our lives. Today, it underpins virtually everything we do. In fact, it’s difficult to imagine our lives without it. The march of technology continues, and we have reached a crossroads. A different technology evolution that I predict is likely to have a similar impact on all our lives is blockchain, and if you haven’t seen its potential, you aren’t looking closely. Skeptics keep asking the same questions over and over again about blockchain: Why is no one using it? What will …
Californian Richard Yuan Li, 20, has been charged with conspiracy to commit wire fraud for his role in SIM-swap attacks targeting at least 20 individuals, as well as the attempted extortion of a New Orleans-based doctor and cryptocurrency investor known only as ‘Investor A.’ Li is believed to have collaborated with others from January 2018 until February 2019 to defraud numerous victims through SIM-swapping attacks, with some of the co-conspirators remaining unknown to the United States Attorney’s Office. SIM-swaps involve rerouting a victim’s SIM to a phone in possession of the attackers, allowing them to gain access to personal information …
Japanese crypto firm Freessets has announced a new technology to enhance Bitcoin wallet (BTC) privacy. According to a June 8 announcement, Freessets has created a system that allows wallets to request their addresses’ Bitcoin balances without revealing it to the servers from which they request the balances or transaction history. The statement said that conventional Bitcoin wallets explicitly ask servers for the balance of their addresses, which links the balance, transactions and addresses. However, “using the technology Fressets has developed, it is mathematically proven that the servers cannot learn anything from the user’s query.” The significance of the development Adam …
Crypto exchange Gemini announced compatibility with the Samsung Blockchain Wallet last week, allowing users to interact with the exchange through the wallet. U.S. and Canadian "Samsung Blockchain Wallet users can buy, sell and store crypto on their phones through the Gemini exchange," Gemini's managing director of operations, Jeanine Hightower-Selitto, told Cointelegraph via email correspondence. Two platforms interact The Samsung Blockchain Wallet app shows funds held on the Gemini exchange, letting customers interact with the platform, Hightower-Selitto said. Essentially, users now have more of a one-stop-shop experience through a single point of entry. Hightower-Selitto explained: "Users open their Samsung Blockchain Wallet …
Trezor and Ledger, two of the most prominent hardware wallet manufacturers, have long been locked in a rivalry. As part of Cointelegraph’s interview with Charles Guillemet, the CTO of Ledger, he revealed that the relationship is more complex than it may seem at first. Despite the rhetoric, cooperation and respect can be found as well. A collaborative rivalry Guillemet said that he doesn’t know who started the rivalry, as it goes back to the “very beginning of the Ledger and Trezor companies.” “I think things got more serious when I created the Donjon, which is our internal security team,” he …