Companies without a crypto wallet will be left behind

November 3, 2024 Coin Telegraph

Wallets can be a gateway to a multitude of functionalities that will expand businesses.

On the ceiling of the Sistine Chapel in Rome resides a very famous fresco. Its centerpiece, The Creation of Adam depicts God giving life to Adam, their fingers extending towards one another, poised to infuse a spark of creation.

It’s a vivid visualization of the creation of mankind. But it’s also an effective metaphor for the gulf between Web2 and Web3: So close and yet just out of reach.

For Web2 businesses trying to bridge that gap, the spark they’re missing is the Web3 wallet that will connect their app with all the functionalities on the other side.

Artist threatens legal action on ‘Chill Guy’ meme tokens; community responds

SafePal launches Telegram crypto wallet with Visa card support

November 2, 2024 Coin Telegraph

Banks

SafePal’s new Mini Wallet App will enable 950 million Telegram users to create individually owned and compliant crypto-friendly Swiss bank accounts, the firm said.

Self-custodial cryptocurrency wallet SafePal is joining Telegram’s rapidly growing crypto ecosystem by launching a Mini App wallet on Messenger.

SafePal officially introduced its Telegram Mini Wallet App on Nov. 2 after announcing pre-launch during a keynote at the TON Gateway event dedicated to The Open Network (TON) ecosystem.

According to an announcement shared by SafePal, its new Mini Wallet App will enable 950 million Telegram users to create individually owned and compliant crypto-friendly Swiss bank accounts.

Artist threatens legal action on ‘Chill Guy’ meme tokens; community responds

Bitget wallet on Telegram hits 6 million users 3 days after launch

October 31, 2024 Coin Telegraph

Bitget

Bitget Wallet’s Telegram Mini App, Bitget Wallet Lite mini, has attracted more than six million users in just three days after its soft launch.

Bitget Wallet, a self-custodial cryptocurrency wallet operated by Bitget exchange, is gaining popularity on Telegram, where its Mini App attracted millions of users within days of launch.

On Oct. 31, Bitget Wallet announced the official launch of Bitget Wallet Lite, a multichain wallet integrated into Telegram, allowing users to buy, store and send crypto within the app.

The official launch comes three days after the Bitget Wallet Lite’s soft launch on Oct. 28, with six million users joining the Mini App on Telegram since.

Artist threatens legal action on ‘Chill Guy’ meme tokens; community responds

Italy Targets Bitcoin With Capital Gains Tax Hike as EU Prepares for MiCA Regulations

October 17, 2024 Bitcoin.com

bitcoin.com

Italy plans to raise its capital gains tax on bitcoin to 42%, up from 26%, as part of efforts to fund election promises and curb the fiscal deficit. The government cites growing bitcoin adoption as a key factor. This comes as the European Union prepares to implement its Markets in Crypto-Assets Regulation (MiCA), aiming to […]

Artist threatens legal action on ‘Chill Guy’ meme tokens; community responds

Tesla moves entire $765M Bitcoin stash to unknown wallets

October 15, 2024 Coin Telegraph

Tesla moves entire 5M Bitcoin stash to unknown wallets

address

Before the mass transfers, Tesla’s Bitcoin wallet had remained dormant since June 2022.

Electric vehicle maker Tesla has transferred its entire Bitcoin stash worth over $765 million to several unknown wallets.

Crypto wallets labeled as owned by Tesla moved virtually all of the company’s 11,500 Bitcoin (BTC) on Oct. 15 across 26 transactions, including test transfers, according to data from Arkham Intelligence.

The first test transfer was made on Oct. 15 at 8:41 pm UTC, and the wallet currently holds just $6.68 worth of Bitcoin.

Artist threatens legal action on ‘Chill Guy’ meme tokens; community responds

Tons of options: 5 crypto wallets that support TON blockchain

September 30, 2024 Coin Telegraph

Blockchain

As the TON network continues to develop, holders are demanding wallets with complex functionalities that support the chain’s assets.

Toncoin (TON), the eponymous cryptocurrency associated with The Open Network, also known as TON, exploded in popularity this year.

Toncoin has become one of the 10 largest cryptocurrencies, with a market capitalization of $13.4 billion.

There are currently 2.5 billion coins in circulation worldwide, and the cryptocurrency’s total supply is 5.1 billion. Over the last nine months, the value of Toncoin has increased by around 150%.

There are a number of wallets that support TON, each with its own peculiarities. Some are custodial and focused on convenience and ease of use, while others provide users complete control over the cryptocurrency.

There are simple wallets with a minimum set of functions, more complicated ones with options such as staking, and secure solutions for long-term storage.

Artist threatens legal action on ‘Chill Guy’ meme tokens; community responds

Polymarket users complain of mysterious Google login wallet attacks

September 29, 2024 Coin Telegraph

Coin Telegraph

The attacker used a “proxy” function to swipe victims’ USDC balances, but only a small number of Google login users have been affected.

Some users of the Polymarket prediction market app are complaining that their wallets were mysteriously drained after they logged in via their Google accounts.

After making deposits, users found that their wallets were wiped out, leaving a balance of zero. The attacks have not occurred against users that relied on wallet browser extensions such as MetaMask or Trustwallet.

Cointelegraph spoke to two victims of the attacks. The first victim identified himself by the Discord username, “HHeego,” and claimed to be the owner of a Polymarket account whose address ends in C3d4.

Artist threatens legal action on ‘Chill Guy’ meme tokens; community responds

Wazirx Granted 4-Month Moratorium, Will Make Wallet Addresses Public

September 26, 2024 Bitcoin.com

addresses

Indian crypto exchange Wazirx has secured a four-month moratorium granted by a Singapore court, providing time for the company to address its financial obligations while crafting a resolution plan. Wazirx explained that as part of the court’s conditions, it will “make wallet addresses public via a court affidavit, respond to user queries raised in the […]

Artist threatens legal action on ‘Chill Guy’ meme tokens; community responds

Crypto adoption still stunted by lack of technical literacy

September 20, 2024 Coin Telegraph

Adoption

Confusion around crypto storage, regulations, and other factors tech-savvy people take for granted could be keeping average users on the sidelines and away from the technology.

Despite the growing popularity of cryptocurrencies and blockchain, the complexity of the technology might be making it hard for average users to understand, adding a barrier to more people entering the space.

According to an August survey conducted by Australian crypto exchange Swyftx, 43% of 2,229 respondents said they hadn’t used the tech because they were unsure how it works.

Similar data from the 2023 Crypto Literacy Survey found that at least 28% of 3,000 respondents worldwide shared the same sentiment.

Artist threatens legal action on ‘Chill Guy’ meme tokens; community responds

Skyfire launches blockchain payment network that lets AI spend your money

August 21, 2024 Coin Telegraph

artificial intelligence

The company is currently focused on B2B, but there are countless potential applications for consumers.

Blockchain development firm Skyfire recently launched a payment platform that allows artificial intelligence agents to spend money autonomously.

Helmed by former Ripple VP of products and services Amir Sarhangi, the company’s platform makes it possible for a business to give a pre-loaded wallet to an AI agent. The company’s protocol converts the cash into USD Coin (USDC). When the agent’s task involves payment, the platform handles the conversions, thus enabling autonomous payment agents.

An AI agent is, for lack of a better term, a “bot” that’s designed to carry out a certain task. Examples include AI agents that monitor inventories across multiple sites in order to autonomously generate orders, or bot that monitors sale prices across multiple online marketplaces.

Wallet

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