How to buy Bitcoin and Ethereum in the UK

To navigate the process of buying Bitcoin effectively, it is essential to explore secure options. In the United Kingdom, acquiring cryptocurrencies is legal, yet it can pose challenges, as the government underscores the need to comprehend the associated risks. For an effective travers ...

Wallet of Satoshi vanishes from Apple and Google’s US app stores

Bitcoin (BTC) Lightning payments app Wallet of Satoshi (WoS) has disappeared from Apple’s App Store and Google’s Play Store in the United States as it closes in on over 1 million transactions for November.On Nov. 24, several users and crypto community participants shared on X ( ...

Number of Bitcoin millionaire wallets triples in 2023

The number of crypto wallet addresses holding more than $1 million in Bitcoin (BTC) has more than tripled this year. BitInfoCharts data shows the number of addresses with more than $1 million in BTC increased from 23,795 on Jan. 1 to 81,925 currently, a 237% increase in the last 11 mo ...

US CFPB proposes supervising digital app providers, including crypto wallets

The United States Consumer Financial Protection Bureau (CFPB) has proposed a rule to allow it to supervise large non-bank digital wallet and app providers. The rule is part of a larger move by the agency that has seen it extend its supervision to consumer reporting, consumer debt collection, stud ...

Step-by-Step Guide to Purchasing Bitcoin: How to Buy Bitcoin

In recent years, Bitcoin has gained significant popularity and has become one of the most talked-about topics in the financial world. With its decentralised nature and high potential for returns, more and more individuals are looking to invest in this cryptocurrency. If you are one of those people w ...

Fake Ledger Live app sneaks into Microsoft’s app store, $588K stolen

Almost $600,000 in Bitcoin (BTC) has been stolen from users who downloaded a fake Ledger Live application on Microsoft’s app store, according to cryptocurrency sleuth ZachXBT.The on-chain analyst spotted the scam, “Ledger Live Web3” on Nov. 5, which is tricking users into ...

Understanding Bitcoin Cryptocurrencies and How Bitcoin Works a Comprehensive Explanation

Bitcoin, the first and most popular cryptocurrency, has become a significant part of the digital world. To truly understand how Bitcoin works, we need to dive into its history and the underlying technology that powers it. Bitcoin, created by the mysterious Satoshi Nakamoto in 2009, works on the prin ...

3 Satoshi Era Bitcoin wallets transfer $230M in BTC after 6-year dormancy

Three Satoshi Era Bitcoin (BTC) whale addresses that have been dormant since November 2017 transferred 6,500 BTC, estimated to be worth $230 million, on Nov. 2. Satoshi Era BTC refers to the very early stage of Bitcoin network when it was still relatively unknown.According to data from Bit ...

Crypto horrors: Tales of lost Bitcoin wallets

In the shadowy corners of the digital world, where the glow of computer screens illuminates faces with eerie light, there exist tales of lost fortunes. These tales act as a terrifying reminder of the unpredictable nature and volatility present in the cryptocurrency markets and the need to adopt s ...

There are now nearly 40M Bitcoin addresses in profit — a new record

Bitcoin (BTC) has more wallet addresses in profit than ever before despite BTC price being 50% below all-time highs.The latest data from on-chain analytics firm Glassnode shows a record number of addresses “in the black.”$34,000 BTC price returns over 80% of Bitcoin addresses to profit ...

Recovery firm proposes cracking former Ripple CTO’s $244M Bitcoin hard drive

A company is petitioning former Ripple chief technology officer Stefan Thomas for a hard drive containing more than 7,000 Bitcoin (BTC) that he has been unable to access for years.In an Oct. 25 open letter, crypto recovery firm Unciphered offered to unlock an IronKey hard drive belonging t ...

FinCEN issues alert regarding crypto transactions connected to Hamas

The United States Treasury Department’s Financial Crimes Enforcement Network, or FinCEN, issued an alert for financial institutions as part of efforts to identify “suspicious activity” related to funding terrorist groups.In an Oct. 20 notice, FinCEN said the terrorist org ...

Mysterious Bitcoin Wallet Accumulates $3 Billion in 3 Months: BlackRock Connection?

A mysterious Bitcoin wallet has surged up the ranks to become the third-largest holder of Bitcoin (BTC) in the world in just over three months, with the timing sparking some wild theories about its owner. According to data from crypto statistics platform BitInfoCharts, the wallet address first re ...

Bitcoin Lightning Network is growing, but 3 major challenges remain

The Lightning Network is a layer-2 solution built on top of the Bitcoin blockchain, and its primary objective is to address the Bitcoin network’s scalability issues. It also allows for faster and cheaper transactions by facilitating off-chain payments through a network of payment channels.&n ...

Free Bitcoin on Zaps experiment — but what are Zaps?

A Bitcoin (BTC) advocate based in Canada has “Zapped” 600 people a total of 300 satoshis ($0.09, or 0.000003 BTC) each in a Bitcoin-inspired social media experiment. To date, marketing executive Michael Degroot has doled out over $50 in Bitcoin to people around the gl ...

Sleeping Bitcoin wallet stirs after 11 years, moving over $30M

A dormant Bitcoin (BTC) wallet holding over 1,037 Bitcoin — worth $31 million at current prices — has suddenly awoken after an 11-year slumber, transferring out its entire stash. The 1037 BTC was transferred amid a Bitcoin price of $29,956 and took effect at bloc ...

Hidden as colors, crypto seed phrases could hide in plain sight, says dev

A newly released tool called “BIP39 Colors” is turning Bitcoin (BTC) and other crypto wallet seed phrases into colors — giving users a potentially new way to hold their funds in cold storage.The developer, only known as Entero Positivo — Spanish for “posi ...

US government moves nearly 10K Bitcoin worth over $300M related to Silk Road seizure

A cryptocurrency wallet associated with the United States Department of Justice (DOJ) moved approximately 9,825.25 Bitcoin worth around $299 million in a series of transactions on July 12. It’s unclear at this time whether the transactions, which appear to have ultimately p ...

Crypto mass adoption is coming, but how fast?

Cryptocurrencies must reach mass adoption to unlock their maximum potential as a network technology and their value as financial assets. As with other technologies, the adoption of crypto follows a classic bell curve: Starting from a small number of innovators, it grows as early adopt ...

Open source: Buzzword or real security for crypto wallets?

Last month, hardware crypto wallet manufacturer Ledger announced its “Ledger Recover” program designed to allow customers to back up their seed phrases to the cloud and link it with their real-world identity.The announcement was met with heavy pushback from the crypto community, as many sa ...

How to access Bitcoin network data without advanced IT skills

The Bitcoin network is home to a variety of data that can offer investors, academics and fans useful insights. However, those without significant IT abilities might find it difficult to obtain this data. The good news is that anyone may explore Bitcoin network data without having substantial tech ...