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36 articles found
Latest
Crypto Tax Evasion Costs Ukraine $200M
Global Ledger, a blockchain forensics company, has disclosed that Ukraine has lost over $200 million in tax revenue from crypto transactions in the last four years. The Ministry of Digital Transformation sponsored the analysis.
Introducing Ledger Flex: A “Cold Storage” Star Among Wallets
Ledger, the French leader in hardware wallets, has revealed its latest model, Ledger Flex. Combining sleek design with robust functionality, it’s a secure solution for crypto storage and management within Web3.
Unique Monero Wallets To Store Your XMR
Monero (XMR) is prized for its anonymity and security. While it can be stored in popular wallets like Trezor, Ledger, or Atomic, there are also unique software solutions that enhance storage with additional privacy features.
The Swedish Central Bank Shares CBDC Development Insights
The Riksbank has published a report detailing the fourth phase of testing for the e-Krona. Throughout the pilot phase, which spanned from 2020 to 2023, the bank tested the e-Krona's fundamental use cases as a retail currency accessible to the general public. This iteration of the e-Krona was developed on the Corda distributed ledger platform by R3, with the central bank serving as a notary node responsible for verifying and finalizing transactions.
Ledger Refutes Claims of Tracking Users
Developer REKTBuildr, who detected user tracking by the Ledger Live software, shared his exchange with the company regarding this matter. He spoke highly of the response from the Ledger development team and the technical depth of their conversation.
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Ledger to Reimburse Stolen Crypto Assets
Ledger, the manufacturer of hardware cryptocurrency wallets, has announced its plan to return stolen crypto assets valued at approximately $600,000. These assets were unlawfully appropriated through an exploit of the Ledger Connect Kit.
DZ Bank Launches a Blockchain-Based Crypto Custody Platform
Germany's third-largest bank, DZ Bank AG, has unveiled a digital assets custody platform built on distributed ledger technology (DLT).
Swift sees blockchain as a practical solution
The prominent banking system, SWIFT, has outlined its plans to incorporate blockchain technology. Instead of combining CBDCs and tokenized assets using distributed ledger technology, it aims to utilize blockchain and address interoperability challenges across different networks.
Hardware Wallets with a Credit Card Form Factor
A number of hardware wallet manufacturers have adopted a unique approach. If they can't compete with the functional prowess of market leaders such as Ledger and Trezor, they can distinguish themselves in another area - the form factor. The convenience of a credit card-sized wallet over bulkier alternatives holds appeal for many.
Ledger is still set to launch its seed phrase recovery feature
Despite the hefty backlash, Ledger is still set to launch its seed phrase recovery feature in Q4, 2023.
Cardano Sidechain Set for Potential Integration with XRP Ledger
Cardano (ADA) founder Charles Hoskinson hinted at a possible collaboration with Ripple during his recent AMA session.
Ripple Minted 99% of Its RLUSD Stablecoin Total Supply in a Day
At the end of September, Ripple got a major update related to its Ripple USD (RLUSD) stablecoin. The blockchain payments company minted 800,000 RLUSD, or 99% of the total supply in 24 hours, according to an X post by XRP Ledger validator Vet.
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ShapeShift Takes the Lead in THORChain Trading
Over the past few days, decentralized exchange ShapeShift has climbed to the top spot in terms of daily trading volume facilitated by THORChain technology. ShapeShift's average transaction size reaches $123,697, significantly outpacing its competitors (DefiSpot, TS Ledger, THORSwap) by nearly double.
Imperium Markets Advocates for Swift Tokenization in Australia
Fintech company Imperium Markets has called on the Australian government to accelerate the tokenization of debt instruments to stay competitive in today’s market. The company has long been working with the government on a pilot project employing distributed ledger technology for tokenization.
Is Ledger Gathering User Data?
A developer, known by the pseudonym REKTBuildr, investigated the Ledger Live software, revealing that the app tracks its users and gathers data about them.
Ledger CEO Addresses Recent Incident
In his open letter, Pascal Gauthier reassured users that the hack of Ledger’s Javascript connector library was an ‘isolated incident.’
Ukrainian Official Robbed of $647,000 from Ledger
Maksym Kyselov, the head of the Executive Service Department of Ukraine's Ministry of Justice, reported a theft to the Cyber Police back in May.
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Securitize Brings Tokenization to European Equity Market
Securitize, a digital asset trading platform, has started tokenizing equity in Spanish real estate investment trust, Mancipi Partners. The tokens will trade on the Avalanche blockchain from September. This marks the first tokenized equity issuance under the European Union’s pilot scheme for distributed ledger technology, supervised by the European Securities Market Authority. Securitize will also undergo a six-month supervision period by Spain’s National Securities Market Commission (CNMV). Securitize's CEO, Carlos Domingo, believes the move will significantly benefit European businesses, providing new avenues for capital raises and potential tax benefits.
Molten Indicates Depreciation of Ledger and Revolut
Ledger and Revolut, likened to a familiar quote from the Old Testament, have been weighed and found wanting. According to the specialists at investment firm Molten, the fair market value of these crypto projects has taken a substantial hit this past year.
The Future of Money is Tokenization, Says BIS Report
Switzerland-based monetary authority, the Bank of International Settlements (BIS), has made public its plan to build a global "unified ledger" to facilitate Central Bank Digital Currencies (CBDCs) and tokenized assets. Even though it acknowledges the potential of tokenization, BIS has expressed its misgivings about decentralized cryptocurrencies.
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