Category: Bitcoin Wallets

We’re Living in an Ethereum World

A Brand New Market Cap Wow! Look at it go! I’m talking, of course, about crypto’s ever-expanding market cap, touching US$800 billion as I write these words. Yes, that’s very close to a trillion bucks. And it’s still growing. At the start of the year (just over 5 days ago), we sat around US$670 billion, when seemingly out of nowhere, we all started watching the Ethereum (ETH) funds in our digital wallets …
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Bitcoin User Attaches $204,000 as a Transaction Fee

An unknown bitcoin user attached a total of $204,000 in fees to a series of transactions on July 6th. Earlier this week, BTC.com -the world’s seventh largest bitcoin mining pool- discovered these transactions and excessive fees were sent from the same user. The transactions included many inputs and outputs and p2sh / multi-signature transactions. 80 BTC as a Transaction Fee?! What Happened? Currently, Bitcoin blockchain fee estimations put a median-sized transaction at about …
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Credit Card & Paypal Details Exposed on Darknet; Importance of Financial Privacy

Exposure of cases involving the theft of credit card details or financial services accounts is demonstrating the importance of financial privacy and freedom. As anonymous cryptocurrency Monero lead developer Riccardo Spagni stated in his presentation at Coinbase headquarters, financial privacy and security are important for the general population. The only issue is that the vast majority is struggling to see the necessity of it just yet. There are a few …
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Users Outrage Over Xapo Bitcoin Platform’s Impractical KYC Processes

Xapo, a widely utilized bitcoin wallet platform and service provider has been criticized for its impractical Know Your Customer (KYC) policies in recent weeks. Users reported various infeasible situations when depositing and withdrawing funds to their bitcoin wallets. Over the past few years, Xapo has established an active user base with a simplistic and user-friendly application, bitcoin vault service, and bitcoin debit card. As the platform grew larger in size, the …
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