Citing compliance with local jurisdictions, crypto exchange Coinbase announced to soon collect additional information from users based in Canada, Singapore and Japan. Effective from April 1, Coinbase users from Canada, Singapore and Japan will be required to provide additional information while sending cryptocurrencies to a different (non-Coinbase) platform. However, while Singaporean and Japanese investors will be required to share additional information about the recipient for every single off-platform transaction, Canadians sending less than $801 (1,000 CAD) will be exempted from this requirement. Screenshot of Coinbase requesting recipient information from Canadian users. Source: Coinbase As shown in the above screenshot, Canadian users will need to share the full name and ...
Major software cryptocurrency wallet Exodus has gone public on the digital asset securities firm Securitize Markets following a $75 million crowdfund capital raise. Exodus’ shares started trading on Securitize on Wednesday, allowing investors from all across the United States and international investors from more than 40 countries to trade the Exodus Class A common stock. Trading under the ticker symbol EXOD, the Exodus Class A common stock is digitally represented on the Algorand blockchain via common stock tokens. Tokenized shares in @Exodus_io are now trading on Securitize Markets. Retail investors included! With 24-7 order placement, 8am-8pm ET trading hours, near-instant deposits and promotional $0 fee trading, get started here: https://t.co/h55WEoAQMr pic.twitter.com/JasA5C7Qbx — Sec...
El Salvador, the first country to adopt Bitcoin (BTC) as a legal tender, has relaunched its in-house Chivo wallet to address the existing challenges of BTC transfers locally. With AlphaPoint integration, the updated Chivo wallet is expected to carry out instantaneous low-fee Bitcoin transactions while fixing concerns related to stability and scalability. Within the first month of establishing BTC as a legal tender, President Nayib Bukele announced that Chivo wallet onboarded 2.1 million Salvadorans, which by the end of the year amasses 75% of the population. However, the mass adoption met with numerous roadblocks, including system issues and missing funds. Seeking a permanent solution for over 4 million BTC users, the government of El Salvador partnered with a white label infrastructure pr...
Software wallet and browser extension Phantom has raised $109 million in Series B financing to continue expanding its cross-platform capabilities beyond Solana. The funding round was led by Paradigm, an investment firm focused on cryptocurrency and Web3 companies. Other venture firms to have supported Phantom in prior funding deals include Andreessen Horowitz, Jump Capital and Variant Fund. According to Phantom, the funding will help enhance the wallet’s technical capabilities, such as better app discovery, as well as allow the company to hire additional employees. In addition to its funding round, Phantom also announced Monday that its mobile app is now available for iOS devices. Phantom currently boasts of over 2 million monthly active users, having doubled its user count in less t...
OpenSea announced Tuesday the acquisition of Dharma Labs, a cryptocurrency lending platform and digital wallet, for an undisclosed amount. According to the statement, Dharma Labs would effectively shut down and its co-founders, Nadav Hollander and Brendan Forster, will become OpenSea’s new chief technology officer and its head of strategy, respectively. OpenSea claimed this acquisition will help accomplish its mission to scale product development, grow its team, expand its safety and reliability efforts and invest in the nonfungible token (NFT) and Web3 ecosystem. I’m happy to finally share that we’ve acquired @Dharma_HQ to help us scale our engineering, product and customer support! https://t.co/NnJdSFBzvo — Devin Finzer (dfinzer.eth) (@dfinzer) January 18, 2022 Devin Finzer, OpenSea’s co...
Major crypto wallet and platform Crypto.com has temporarily halted withdrawals after “a small number of users reporting suspicious activity on their accounts,” but all funds are reportedly safe at the moment. We have a small number of users reporting suspicious activity on their accounts. We will be pausing withdrawals shortly, as our team is investigating. All funds are safe. — Crypto.com (@cryptocom) January 17, 2022 A few hours ago, Crypto.com halted withdrawals from its platform in response to several “thefts” reported by customers. Dogecoin (DOGE) founder Billy Markus noticed a suspicious transaction pattern on Etherscan that prompted the company to halt all transactions until it figures out what’s going on with its platform. Internal system transfers and funds are safe? Inside ...
Check out Rexxie’s new visualizer for his released track “Wallet“. Rexxie drops a new visualizer for his record titled “Wallet” featuring Seyi Vibez and DJ 4kerty. The music producer Rexxie, Seyi Vibez and DJ 4Kerty are all up and grinding in the music studio to deliver a good piece and a clean shot visual. Shot by Banx. Watch, enjoy and share Rexxie – “Wallet” ft Seyi Vibez & DJ 4Kerty below. [embedded content]
Nigerian music producer Rexxie unleashes a brand new tune titled ‘Wallet’. Rexxie alongside Seyi Vibez and disc jockey, DJ 4Kerty drops new track titled ‘Wallet‘ for his fans. ‘Wallet‘ is a groovy tune just to lighten the mood of all it listeners with an excellent delivery by featured artist. Listen, enjoy and share Rexxie ft Seyi Vibez and DJ 4kerty – ‘Wallet’ below. https://www.naijamusic.com.ng/wp-content/uploads/2022/01/Rexxie-x-Seyi-Vibez-x-DJ-4kerty-Wallet-Official-Audio.mp3 Download
South Korean crypto exchange Coinone has announced it plans to no longer allow withdrawals of tokens to unverified external wallets starting in January. In a Wednesday announcement, Coinone said users would have from Dec. 30 to Jan. 23 to register their external wallets at the exchange, after which time it would restrict withdrawals. The exchange specified that crypto users could only register their own wallets, and the verification process “may take some time” and could change in the future. According to Coinone, it planned to verify users’ names and resident registration numbers — issued to all residents of South Korea — to ensure crypto transactions were “not used for illegal activities such as money laundering.” Customers at the exchange likely won’t be able to withdraw funds to wallet...
Cryptocurrency and stock trading app Robinhood plans to roll out the beta version of its digital wallet feature starting in January 2022. In a Wednesday blog post, Robinhood said tens of thousands of users currently on the waitlist for the trading app’s crypto wallet would have access to the beta version starting in mid-January. The trading app said more than 1.6 million people were waiting for the wallet, which will support depositing and withdrawing Bitcoin (BTC), Ether (ETH), Dogecoin (DOGE) and other tokens. The trading app has been testing its digital wallet feature since it was first announced in September, completing its first alpha transfer — using DOGE — on Nov. 22. According to Robinhood chief operating officer Christine Brown, the beta rollout would be focused on the secur...