In the last two months, the crypto community has been buzzing about a wallet affectionately named ‘Mr. 100.’ This moniker originates from its pattern of receiving 100 bitcoin deposits every few days, leading to speculation that it might belong to a wealthy individual from the Middle East. However, onchain analysts from Arkham Intelligence suspect that […] Original
Tag: Wallet
El Salvador Moves ‘Big Chunk’ of Its BTC to Cold Wallet — President Bukele Says ‘Call It Our First Bitcoin Piggy Bank’
El Salvador has transferred “a big chunk” of its bitcoin holdings to a cold wallet, President Nayib Bukele has announced. “You can call it our first bitcoin piggy bank,” he said. As of writing, the wallet’s balance totals approximately 5,690 bitcoins. El Salvador Establishes Its First ‘Bitcoin Piggy Bank’ El Salvador’s President Nayib Bukele announced […] Original
El Salvador Moves $400M BTC Into Cold Wallet, More than Doubling Known Holdings
El Salvador became the first country to purchase bitcoin as a treasury asset in September 2021, when a single coin cost around $52,000. On Thursday BTC prices were north of $72,000, though in the past 24 hours the asset has traded above $73,000 and as low as $68,000. Source
Developing a Keyless Crypto Wallet Utilizing Biometrics – KeychainX CEO Robert Rhodin
KeychainX AG, a Swiss-based crypto recovery company, has been assisting people in accessing their lost crypto since 2017. The company also holds patents around the world for a keyless crypto wallet that utilizes biometrics, such as fingerprints or even DNA. Robert Rhodin is the CEO of KeychainX. He recently joined the Cryptox.trade News Podcast to […] Source CryptoX Portal
Bitcoin (BTC) Ordinals Wallet Oyl’s Raises $3M With Arthur Hayes, BRC-20 Creator Domo Among Investors
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14-Year Old Dormant Bitcoin Wallet Wakes Up To Crash BTC Price
The Bitcoin foray past its previous all-time high into new territory was short-lived as the crypto dipped in the hours after. On-chain data has shown an interesting scenario that contributed to selling pressure leading to the crash. According to Spot On Chain, a dormant Bitcoin address holding $67.1 million worth of Bitcoin recently came to life after 14 years of inactivity to sell all of its large holdings. Bitcoin Wallet Wakes Up To Crash BTC Price Bitcoin recorded a new all-time high of $69,200 during the week to surpass the…
Crypto Wallet SafePal Ventures into Banking with New USDC Visa Card
“While this seems to be an unorthodox move for a decentralized wallet suite, inaccessibility is a pressing issue plaguing crypto users that needs to be solved for better onboarding and adoption,” said Veronica Wong, CEO and co-founder of SafePal, said in a message to CoinDesk. Source
Institutional Crypto Wallet Provider Utila Raises $11.5M, Aims to Facilitate Tokenization Boom
Utila’s self-custodial wallet offers a simplified user interface, fast onboarding process and recently added enhanced tokenization capabilities to better serve token issuers, co-founder and CEO Bentzi Rabi said in an interview. Source
Coinbase Adds Account Abstraction to Wallet SDK, Built Atop Layer-2 Base
The smart wallet will be an addition to Coinbase Wallet SDK, a software toolkit that allows developers to create a wallet instantly inside of decentralized applications with passkey, meaning no complex systems like using seed phrases or any extra steps will be needed. Source
Solana Veterans Raise $17M For ‘Backpack’ Crypto Wallet, Exchange
Just weeks-old, their exchange product is already posting nine-figure days of dollarized trading volume with customers in Asia, the Middle East as well as the United States, Yver said. The fresh capital will cover hefty compliance and licensing costs as it works to expand into more jurisdictions. Source