Category: Bitcoin wallet

Secure Bitcoin self-custody: Balancing safety and ease of use

January 17, 2021

Crypto Nanobot 0

Bitcoin’s supply is capped at 21 million, but a significant proportion of that total sum is likely lost forever. This situation is due to a variety of reasons such as lost private keys and discarded storage devices containing substantial amounts of Bitcoin (BTC). When Bitcoin owners are not being careless with their wallet passwords, they […]

Continue Reading

It’s here: Treasury proposes rule to monitor crypto going to self-hosted wallets

December 18, 2020

Crypto Nanobot 0

Many have called the long-rumored rules an existential threat to peer-to-peer transactions. 36254 Total views 133 Total shares The Treasury has released its long-awaited proposal to restrict money services businesses, including U.S.-registered crypto exchanges, from dealing with self-hosted wallets. In a Friday evening announcement, the Treasury’s Financial Crimes Enforcement Network, or FinCEN, announced proposed rules […]

Continue Reading

Millionaire Bitcoin addresses go parabolic as BTC price crosses $20K

December 17, 2020

Crypto Nanobot 0

Early BTC miners with the foresight to hodl have now become millionaires. 3262 Total views 16 Total shares Bitcoin’s (BTC) parabolic run has turned early miners into millionaires at a pace rarely seen before. Data from Glassnode shows that the number of Bitcoin addresses holding at least $1 million has skyrocketed to 66,540 this week […]

Continue Reading

Dutch Bitcoin firm reluctantly tightens rules at central bank’s behest

November 18, 2020

Crypto Nanobot 0

Unique in Europe, the Dutch central bank now requires Bitcoin exchanges to prove that their users actually control their withdrawal addresses. 3141 Total views 24 Total shares Bitconic, a Netherlands-based Bitcoin (BTC) exchange, has informed its users that they now need to comply with a new verification measure in order to continue to use its […]

Continue Reading

Bitcoin soars to $12.9K as PayPal proves crypto is ready for everyone

October 21, 2020

Crypto Nanobot 0

Further gains in Wednesday trading come as mixed reactions flow in over PayPal’s decision to support four cryptocurrencies in 2021. 6072 Total views 52 Total shares Bitcoin (BTC) hit highs of $12,865 during trading on Oct. 21 as news that PayPal would support cryptocurrency continued to boost markets. Cryptocurrency daily market overview. Source: Coin360 BTC […]

Continue Reading