WALLET
A designated storage location for digital assets (cryptocurrency) that has an address used for sending and receiving funds to and from the wallet. The wallet can be online, offline, or on a physical device.
El Salvador Relaunches Chivo Wallet and Plans to Roll Out 1,500 BTC ATMs Nationwide
El Salvador relaunches the Chivo Wallet, which promises to enable instant low-fee Bitcoin transactions by integrating with white-label infrastructure provider AlphaPoint while addressing issues related to stability and scalability.
Robinhood's Crypto Wallet Goes Live, Allowing Crypto Withdrawals for First 1,000 Users
Robinhood’s crypto wallet is officially live, allowing the first 1,000 users to make crypto withdrawals.
Robinhood Plans to Roll out Beta Version of Crypto Wallet Feature in Jan 2022
Cryptocurrency and stock trading application Robinhood stated that it will start the beta phase of cryptocurrency wallets in mid-January 2022.
Coinbase Wallet Rolls Out Support for NFTs
Nasdaq-listed digital currency trading platform Coinbase Global Inc has expanded the support for its self-custody wallet to include NFTs.
WhatsApp to Test Crypto Payments in U.S. by Using Novi Digital Wallet
WhatsApp is getting into the payments game with a new pilot test for sending and receiving cryptocurrency in its mobile app.
Aussie Trading Platform Collapses after User's Damning Complaints
MyCryptoWallet, a platform that operates as a trading platform in Australia went bankrupt. A situation that was inevitable as many of the platform’s users started complaining that they were unable to access their funds on the exchange.
At Least $150M Stolen by Hackers: BitMart CEO Confirms; While Security Firm Estimates More
BitMart experienced a large-scale security breach in which hackers were able to withdraw assets valued at up to approximately $150m, according to the cryptocurrency trading platform's CEO.
Coinbase Acquires Crypto Wallet Firm BRD
US-based crypto exchange Coinbase announced the acquisition of crypto wallet startup BRD, aiming to create more secure and reliable access to the encrypted decentralized world for users.
Around 1.6 Million Users Now on Robinhood's Crypto Wallet Waitlist
Robinhood Markets announced that 1.6 million people are on the waitlist for its cryptocurrency wallet; the figure is up from 1 million just a few weeks ago.
Facebook Rebrands to Meta, Seeking to Develop the Metaverse
The pioneering social media giant, Facebook Inc, has rebranded its name to Meta as it seeks to foster the development of the metaverse, a term made famous by the current craze in the NFT ecosystem.