The Chinese government is making efforts to boost the adoption of CBDCs in the country. Recently, China launched its digital yuan, called e-CNY. To boost its adoption among its citizens, China added a new feature of sending money in electronic ‘red packets’ that cover displaying traditional wishes for special occasions like birthdays, the New Year,…
Fireblocks, a crypto custody tech provider, has received the Cryptocurrency Security Standard (CCSS), a first-of-its-kind certification – a security standard for crypto wallets and custody. The CCSS was created in 2014, but no crypto company has met the necessary standards so far. The CCSS certification was created in 2014 specifically for the crypto industry, focusing…
Crypto exchange Coinbase has disabled NFT transfers on its iOS wallet app because of a dispute with Apple over the company’s in-app purchase policy. The exchange said Apple is demanding it pay a 30% tax on gas fees used to transfer NFTs. Crypto exchange Coinbase announced that users can no longer transfer NFTs using Coinbase’s…
Coinbase Wallet will no longer support the native tokens associated with Bitcoin Cash (BCH), Ethereum Classic (ETC), Ripple’s XRP Ledger (XRP), and Stellar (XLM), starting Dec.5, citing “low usage” as its reason for no longer supporting those tokens. According to a Nov. 29 notice on the crypto exchange’s website, Coinbase said its wallet will no…
ConsenSys, one of the firms behind the Ethereum Merge, revealed on Nov. 24 that it also collects user data related to its on-chain wallet service MetaMask. The firm said when using Infura as an RPC on MetaMask, a user’s IP address and wallet address information would be collected as well. According to the new…
Popular crypto wallet MetaMask has launched a new feature that will aggregate bridge services for users who want to transfer their crypto across different blockchains. The bridge aggregator shows users the best route for cross-chain token transfers. In a blog post, MetaMask said that the service is part of its newly launched portfolio app and…