Category Archives: Wallet

15-Year-Old Hacks Hardware Crypto Wallet Ledger

Hardware wallet Ledger Nano S had a break in – teenage security expert, Saleem Rashid, found an issue with the “tamper-free” wallet. The story began on Nov. 2017, when Rashid reported a flaw to Ledger CTO, Nicolas Bacca, which could allow attackers to steal funds from wallet users. Continue reading 15-Year-Old Hacks Hardware Crypto Wallet Ledger

Coinbase Introduces New Tax Calculator

Coinbase has added new tax features for its customers. The new features are aimed at simplifying the often complex process of paying tax and come with a reminder that gains made from digital currencies are taxable in the US. Under IRS guidance virtual currencies are treated as property, meaning that investors must pay taxes adjusted to the fair market value of the asset at the time of each transaction. It’s a process that Coinbase has tried to make easier in the past, providing a complete report of all transactions from which investors can work out their profit and loss. Continue reading Coinbase Introduces New Tax Calculator

Circle Rolls Out Cryptocurrency Investing App to 46 US States

Fintech startup Circle has opened up early access to its new cryptocurrency investing app, providing most US customers with instant, commission-free cryptoasset trading. On Tuesday, the Goldman Sachs-backed company sent emails to users who had participated in Circle Invest’s beta testing program, informing them that it had released version 1.0.1 of the mobile brokerage platform, which is available on both Apple and Android. Continue reading Circle Rolls Out Cryptocurrency Investing App to 46 US States

Coinbase Granted UK E-Money License

Major cryptocurrency exchange Coinbase is making significant strides in its European expansion. San Francisco-based Coinbase has now received an e-money license by the Financial Conduct Authority (FCA), the UK’s financial regulator, enabling the cryptocurrency exchange to provide payment- and electronic money services as cash alternatives to customers in the United Kingdom and 23 countries within the European Union. Continue reading Coinbase Granted UK E-Money License

Coinbase Wallet Fixes SegWit Implementation Bug

The Coinbase wallet and exchange service has fixed a bug in the payment gateway system which caused users to lose their funds from Bitcoin transactions via the platform. The issue emerged two weeks after the cryptocurrency exchange announced the launch of Segregated Witness (SegWit) support for its transactions. Continue reading Coinbase Wallet Fixes SegWit Implementation Bug