Bank of America Bitcoin Wallets blockchain Cryptocurrency News 

Is This Bank’s Blockchain-Powered Crypto Wallet a Game Changer?

Bank of America is creeping into the crypto space and has filed a patent application for a blockchain crypto wallet. | Source: Shutterstock By CCN Markets: Bank of America (BofA) continues its steady creep into the crypto world, filing another blockchain-related patent application. This new one is particularly interesting because it’s for a crypto wallet. CCN discussed the move with several crypto players. Here’s what they had to say. Is BofA’s move game-changing? BofA’s latest crypto-related patent application was published by the U.S. Patent and Trademark Office on Aug. 15….

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CCN is Shutting Down after Google’s June 2019 Core Update

Dear readers, Let’s get straight to it. Google’s June 2019 Core Update rolled out on June 3th 2019 and CCN’s traffic from Google searches dropped more than 71% on mobile overnight. Our traffic has experienced a massive impact by Google’s June 2019 Core Update. Image from Sistrix.com.   CCN’s visibility index on Sistrix.com shows how our site was affected by Google’s Core Update. As data from SEO analyzer Sistrix shows, our visibility on Google dropped from 1.2 to less than 0.6. You might say we ought not to face any…

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Bitcoin Wallets Coinomi Crypto 

Coinomi Addresses Spellcheck Vulnerability, Accuses Victim of Bitcoin Extortion

CCN earlier reported that Coinomi wallet had a confirmed bug that allowed Google to view the details of a user’s seed phrase. The seed phrase generates a wallet. Coinomi uses a 24-word phrase. It enables a user to regenerate their wallet on any platform, and maintain a simultaneous wallet on their phone and on their desktop. According to Coinomi’s own blog post on the subject, CCN and social media users wrongly characterized the transmission of seed phrases. Packets Were Not “Plain-Text” For one thing, the transmission was not intentional or…

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Bitcoin Wallets Brian Armstrong coinbase Crypto 

It’s Okay to Use Hot Wallets to Store Bitcoin

Brian Armstrong, CEO of $8 billion crypto exchange Coinbase, wants to set some misconceptions straight about the security of various types of Bitcoin wallets. Writing in Fortune, Armstrong clarifies – for a mainstream audience – the difference between hot and cold wallets. If the reader is unfamiliar with the concept, it’s pretty simple. A “hot” wallet is connected to the internet and capable of making immediate transactions. A “cold” wallet is secured offline, by definition, although there are degrees of coldness. A private key stored on an internet-connected device but…

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bitcoin Bitcoin Wallets Crypto samsung samsung galaxy s10 

Samsung Galaxy S10 Features Built-in Crypto Support

South Korean smartphone giant Samsung unveiled its long-awaited Samsung Galaxy S10 on Wednesday, and bitcoin investors waited with breathless anticipation to learn whether the S10 would feature an integrated crypto wallet. Does Galaxy S10 Include A Bitcoin Wallet? Samsung confirmed today that it has integrated “Samsung Knox” into the S10, a feature which uses hardware security to store private keys for blockchain applications. | Source: Samsung In a word, yes. Samsung confirmed today that it has integrated “Samsung Knox” into the S10, a feature which uses hardware security to store private…

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Bitcoin Crime bitcoin hacks Bitcoin Security Bitcoin Wallets Electrum electrum wallet malware 

Bitcoin Wallet Malware Scam Targets Electrum Users And Garners Over 200BTC

An attack on the Electrum bitcoin wallet has so far netted hackers over 200 bitcoin worth around $750,000. The attack began on December 21, 2018. Though it has victimized some unsuspecting users, it can be avoided. Electrum is a Bitcoin wallet which doesn’t require the user to download the full blockchain. Instead, servers remotely provide users with the blockchain and they access it through their wallet. It is one of the most popular Bitcoin wallet implementations and forks of it for both versions of Bitcoin Cash as well as Litecoin,…

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bitcoin Bitcoin & Blockchain Investments Bitcoin Technology Bitcoin Wallets Bundil Kevin O'Leary Lawnmower Mark Cuban Shark Tank 

Shark Tank’s Kevin O’Leary Invests $100,000 in Bitcoin Investing App

For several decades, banks and financial advisors have searched for ways to get those without vast resources to invest and save their money. An early example was Bank of America’s Keep the Change program, which rounded up purchases and moved the change to savings accounts. The Need for Passive Investment A few years back, the Lawnmower app came to fruition, enabling users to do a similar thing, except their spare change went to buy a small amount of Bitcoin. It later expanded to allow for numerous blockchain assets, though it is…

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Bitcoin Wallets china Cobo 

Chinese Crypto Wallet Cobo Raises $13 Million, Eyes Global Expansion

Plans for worldwide growth are on track for cryptocurrency wallet startup Cobo after it managed to raise US$13 million in a Series A round. The cryptocurrency wallet startup, which is based in Beijing, China, has set its sights on expanding in the United States as well as in Southeast Asia particularly Indonesia and Vietnam. The Series A round was led by Chinese family office Wu Capital and DHVC. This brings the total amount that Cobo has raised in Series A to approximately US$20 million since it was founded in 2017,…

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Bitcoin Cash Bitcoin Mining Bitcoin Wallets bitmain telescope 

Crypto Mining Giant Bitmain Acquires Bitcoin Cash Wallet

Open source browser-based cryptocurrency wallet Telescope has officially announced its acquisition by Bitmain Technologies Inc., the world’s largest crypto mining rig manufacturer, which also runs one of the world’s most extensive cryptocurrency mining pools. The move comes at an important time for Bitmain, which is increasing its involvement in the bitcoin cash space as it continues to reinvent itself as more than just an ASIC maker ahead of its planned mega-IPO in Hong Kong. Telescope is a browser-embedded cryptocurrency wallet that currently allows users of Google Chrome and Mozilla Firefox…

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Abra Altcoin News Bitcoin Wallets purse.io roger ver 

Abra Adds Native Bitcoin Cash Support, Wins Roger Ver’s Praise

Abra, a mobile cryptocurrency investing app, has added native bitcoin cash (BCH) support, allowing users to deposit and withdraw BCH directly, Abra announced on its website. Anyone who held BCH in Abra previously can now withdraw it to a hardware wallet or use it to make a payment on a merchant site. The app also makes it easier to use BCH to invest in the growing selection of cryptocurrencies in the Abra app. In making the announcement, Abra, which in March announced support for 70 cryptocurrencies as a real-time exchange…

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