Coral, a Solana-based developer, has finished a strategic funding round with $20 million to go toward building a wallet for NFTs, a Coindesk report said. Called Backpack, it will be the company’s first “flagship product.” This product will specifically work with executable NFTs. NFTs are...
A proposal being reviewed by the U.S. Treasury Department that would ID who controls unhosted cryptocurrency wallets would also allow innovations related to fighting financial crime, Deputy Secretary Wally Adeyemo said at Consensus 2022, according to a CoinDesk report Friday (June 10). Adeyemo told attendees...
Digital assets technology firm Metallicus is expanding its financial app Metal Pay across the European Union (EU) and European Economic Area (EEA). The free Metal Pay app enables people to buy and sell more than 65 cryptocurrencies and link directly with the user’s cash balance,...
How many wallets do you want? It’s a simple question, and for the vast majority of people, the answer is “one.” In the last two days, two of crypto’s biggest names, Coinbase CEO Brian Armstrong and Kraken CEO Jesse Powell, talked about turning their U.S.-based...
If you’re buying and selling crypto on a particular exchange, there’s something to be said for using its wallet, too. After all, you know it will be able to handle the cryptocurrencies available of that platform. However, another strategy would be to use that as...
There are a number of things to consider when selecting a bitcoin and crypto wallet, starting with the exchange on which you plan to use it. That said, your thoughts on the best wallet to use should also affect your choice of exchanges. So, look...
In her latest broadside at crypto, Sen. Elizabeth Warren, D-Mass., has resurrected a controversial proposal from the end of the Trump Administration that would require the collection of personal data from private cryptocurrency wallets. On Wednesday (March 9), the Massachusetts Democrat and frequent crypto critic...
A member of the Blockchain Caucus on Capitol Hill has introduced legislation to prohibit regulators from limiting the personal use of convertible virtual currency to purchase goods or services, CoinDesk.com reported. The “Keep Your Coins Act,” sponsored by U.S. Rep. Warren Davidson, R-Ohio, would also...
