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Robinhood has announced it’s working on a second cryptocurrency wallet. It’s non-custodial, which means that its users will hold the private keys for their cryptocurrency. That means they’ll have full control over the digital assets. A little over a month after Robinhood publicly released its first crypto wallet, the company has announced it’s working on a second. The new wallet will be non-custodial, giving users sole custody over the private keys necessary to control their

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MiamiCoin crypto lost 88 percent of its value in less than a year

Miami’s CityCoin is reportedly going unused, can only be traded on one exchange, and it’s currently worth less than one-half of a penny. NYCCoin is worth even less. Miami, host city of the Bitcoin 2022 event we recently visited, doesn’t own or manage the MiamiCoin cryptocurrency, although the coin has enjoyed the support of Mayor Francis Suarez, who at one point suggested it raised “the possibility of being

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US prosecutors are going after crypto sanctions evasion

A DC judge has revealed the existence of a criminal case against an unnamed crypto payment platform that sent $10 million in Bitcoin to an unnamed sanctioned country. The US Department of Justice is prosecuting the operator of a payment platform that flouted economic sanctions using cryptocurrency. As reported by The Washington Post, it’s possibly the first criminal prosecution of crypto-related sanctions

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Phishing attack pop-up targets MetaMask users visiting popular crypto sites

A pop-up prompted users on popular cryptocurrency sites to connect their MetaMask wallets, likely in an attempt to drain them of their contents. The phishing attack appeared on Etherscan, CoinGecko, and several other sites. As if this week weren’t bad enough for many cryptocurrency owners, with stablecoins crashing and Coinbase suffering an outage at a particularly bad time, now they’ve reportedly been targeted by a new phishing attack. As reported by CoinDesk and

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Over $200 billion wiped off from cryptocurrency market in a day: Report

Over $200 billion were wiped off from the global cryptocurrency market in around 24 hours after TerraUSD stablecoin collapsed. Nearly $200 billion worth of wealth was wiped off from the cryptocurrency market in just 24 hours after TerraUSD stablecoin collapsed. TerraUSD, or UST, which was pegged one-on-one to US dollar, fell sharply below USD 1 mark, while its

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Stablecoins are struggling to survive the crypto crash

After the Terra stablecoin broke its dollar peg and dropped to less than 30 cents, investors have been watching closely for repercussions across cryptocurrency markets. It’s been a crushing few days for the Terra project, in a week that has been unforgiving for cryptocurrency as a whole. Over the past few days, the TerraUSD (UST) stablecoin, which is meant to maintain a dollar peg, uncoupled dramatically from the

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Coinbase experiencing major outage as crypto prices plummet

A leading cryptocurrency exchange, Coinbase, has been hit hard by a recent drop in the price of Bitcoin and other cryptocurrencies, making the recent outage particularly alarming to users. Coinbase users are reporting difficulty withdrawing funds, heightening fears amid a widespread crash in cryptocurrency prices. The company confirmed the issues in a tweet on Thursday. “We are aware that some customers are having issues trading and

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US punishes Blender.io for helping North Korea launder millions in stolen Axie crypto

Blender.io, a cryptocurrency mixer, has been sanctioned by the US government for allegedly laundering stolen funds tied to the North Korean government. The US Treasury Department announced on Friday that it’s sanctioning Blender.io, essentially cutting the Bitcoin mixer off from the US financial system (legally speaking, anyway). The department alleges that the service, which lets people

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Nvidia fined $5.5 million for hiding how many gaming GPUs were sold to crypto miners

The SEC has announced a $5.5 million settlement with Nvidia for not informing investors how many of its gaming GPUs were sold to cryptocurrency miners. Nvidia will pay $5.5 million to settle charges that it unlawfully obscured how many of its graphics cards were sold to cryptocurrency miners. The US Securities and Exchange Commission announced the charges and a settlement with the company today.

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Google’s finally straightening out its legacy free G-Suite mess

It seems like Google has finally arrived at a solution for legacy free G-Suite users who weren’t terribly excited about having to pay to keep their accounts. Almost five months after Google announced that it was going to make G-Suite legacy free edition users start paying for their accounts, it seems to finally have a path in place that most people will be happy with. According to 9To5Google, there’s

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Netflix has been screening new shows and movies among subscribers before their release

Netflix has been showing movies and TV shows ahead of their public release to small groups of subscribers in the US, according to a report from Variety. The company takes feedback into account for potential changes ahead of a film or show’s debut. Netflix has been showing movies and TV shows ahead of their public release to small groups of subscribers in the US, according to a report from Variety. Subscribers who participate in the feedback panels will watch “several upcoming movies and

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