Circle Launches Wallet-as-a-service Developer Platform
Circle, has announced the beta testing of a new service that allows programmers to incorporate web3 wallets into their applications. Developers are the target audience for a wallet-as-a-service initiative launched by USDC stablecoin issuer Circle. The ground-breaking service offers a framework for programmers to incorporate web3 wallets into their applications easily and boasts a user-friendly […]
IRS broadens tax regulations for crypto to apply to everyone
The IRS stated that everyone who received, earned, transferred, or sold bitcoins is now subject to tax and reporting requirements. According to a Forbes story, the International Revenue Service (IRS) has modified its taxing and reporting guidelines and expanded its coverage to include anyone who “has transacted” with digital assets. According to the Forbes report, […]
Ledger Hardware Wallets Affected By FTX Crisis
According to reports on social media, some Ledger hardware users were unable to complete withdrawals using Ledger Live on Wednesday. Ledger, a maker of hardware-based cryptocurrency wallets, has reportedly run into some problems as a result of significant cryptocurrency exchange outflows during the FTX bloodbath. On Nov. 9, Ledger experienced “massive usage” of their platforms […]
MetaMask Enables Transfer Of Tokens To Various Blockchains
According to a MetaMask executive, Bitcoin integration is not currently planned for blockchain bridge support via MetaMask Bridges. ConsenSys, a provider of blockchain software technology, has added a new feature to the MetaMask wallet as part of its ongoing efforts to increase blockchain interoperability. As of Nov. 9, the cryptocurrency wallet users can now connect […]
Mysterious Wallet Sends 73,840 ETH to Huobi as ETH Falls 8%
One of the biggest cryptocurrency exchanges in the world, Huobi, has seen a significant deposit of ETH, according to crypto portal WhaleAlert. The deal, which was completed just a few hours ago, involved 73,840 ETH, which is currently valued at $111 million. The wallet’s owner is unknown, and the transaction’s wallet was anonymous. Although the […]