Wallet

General digitization has brought most of the world's population online. Most operations from virtually all walks of life, including payments, are going digital. Therefore, wallets have also gone digital. Storing money in a pocket is a relic of the past.

Digital wallets have been here for decades but its adoption and use has grown by about 70% during the Coronavirus plague era and expected to double this figure by 2025.

With New Zealand Exchange Cryptopia in the midst of a liquidation process, hackers seem to consider it an easy victim. Despite it being under the supervision of Grant Thornton liquidators, criminals have stolen over $40,000.

Launched in September 2020, Blender Wallet by Blender.io, a recognized privacy team, represents a new-gen approach to anonymous Bitcoin (BTC) wallets. It merges an unparalleled level of decentralization and an intuitive user interface.

There are some kinds of cyberattacks that blend in the ordinary network activity, so they are very easy to miss. How should an organization protect oneself against them?

It seems the rumours about the launch of digital dollars have been confirmed. The US Federal Reserve has been making actual efforts to launch their Central Bank Digital Currency (CBDC).

Phishing attacks have been a widespread tool for stealing and misusing people’s credentials. Now, they have penetrated the cryptocurrency industry, mostly to get access and steal the users’ funds.

Recent research shows massive growth of Bitcoin wallets since the beginning of the lockdown in different parts of the world due to the Covid-19 pandemic.

Japanese police are going to confiscate cryptocurrency funds stolen during the Coincheck hack. If successful, this will be the first digital currency confiscation of the kind in the country.