An electronic wallet is a smart card or other electronic media with an embedded chip that allows you to store electronic money and make various payments. The term can also refer to devices and software that allow replenishment, storage and transfer of electronic money.
This week, the European Parliament (EU) has made significant strides in the field of digital wallets and smart contracts. These developments are important not only for the overall digitalization of the European Union, but also for the field of cryptocurrencies. Of the 545 members present, 418 voted in favor of the digital identity proposal, 103…
A certain type of Ethereum wallet address has a vulnerability that allows unauthorized access. Users can lose their entire assets stored there and should therefore react as soon as possible. Ethereum: Vulnerability in wallet addresses The five-year-old vanity address generator Profanity has a critical vulnerability that allows unauthorized users to gain access to the private keys. Profanity creates…
Robinhood announced its crypto revenue totalled $233 million in the second quarter and $51 million in the third quarter, marking a 78% decrease compared to the previous quarter. Since there are so many options for trading on crypto nowadays, the market for crypto wallets is saturated yet growing. However, Robinhood Markets Inc’s crypto trading revenue has been staggering. According to…
El Salvador’s digital Bitcoin wallet Chivo removed a pricing feature that allowed users to make quick profits on trades. The Latin American nation’s Chivo wallet had planned to remove a feature that freezes Bitcoin’s price for one minute before confirming a trade. The feature allows users to check pricing on other cryptocurrency exchanges and decide whether to buy or…