wallet

Sanctioned Crypto Wallet Linked to North Korean Hackers Keeps On Laundering

Sanctioned Crypto Wallet Linked to North Korean Hackers Keeps On Laundering

CoinDesk has not been able to confirm when the oracle integration went live. Either way, it only affects Tornado Cash’s front-end, meaning savvy users can still interact with the smart contracts powering the decentralized service. The primary wallet hasn’t attempted to move funds through Tornado Cash since that tweet, but the operators of the sanctioned …

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Nigeria’s eNaira Wallet Nears 500,000 Downloads in First 3 Weeks: Report

Nigeria’s eNaira Wallet Nears 500,000 Downloads in First 3 Weeks: Report

More than 488,000 people have downloaded the consumer wallet for Nigeria’s central bank digital currency, the eNaira, according to a Bloomberg report on Monday. Launched on Oct. 25, the eNaira has been used for NGN 62 million ($150,000) in transactions, according to Osita Nwanisobi, a spokesman for the central bank that the Bloomberg story cited. …

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Coinbase Has Received the Third-Most Complaints Among Digital Wallet Firms

Coinbase Has Received the Third-Most Complaints Among Digital Wallet Firms

Coinbase’s digital wallet has received the third-most complaints among companies operating such wallets over the past four years. Coinbase received 755 complaints from 2017 through April 2021, according to the Massachusetts Student Public Interest Research Group (MASSPIRG), the consumer research and consumer advocacy group that reviewed complaints filed with the Consumer Financial Protection Bureau (CFPB). …

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Seven USDC wallet addresses were blacklisted on Wednesday

Seven USDC wallet addresses were blacklisted on Wednesday

The Centre Consortium, the organization behind the USD Coin (USDC) stablecoin co-founded by Coinbase and Circle, blacklisted seven seemingly inactive Ethereum addresses Wednesday, data from Dune Analytics shows. This development appears to be the first time that Centre has blacklisted USDC-containing addresses since July 2020, when Centre blacklisted an address containing more than 100,000 USDC. …

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PayPal CEO says the payments giant wants to be 'the digital wallet for global CBDCs'

PayPal CEO says the payments giant wants to be ‘the digital wallet for global CBDCs’

PayPal CEO Dan Schulman said Thursday that he sees PayPal playing a significant role in the utility of central bank digital currencies (CBDCs). On the company’s investor day call, Schulman said PayPal is gearing up to be “the digital wallet for global CBDCs.” PayPal’s newly unveiled product roadmap for crypto includes becoming a CBDC platform. …

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