Bitcoin’s Appeal Rises as Chinese Wallet Apps Will Now Check ID
Digital wallet solutions are gaining more mainstream traction, and this industry has largely been unregulated for the most part. The Chinese government will require wallet apps to demand real-name registration Come July 1st. Chinese Wallet Apps to Require ID. Hardly anyone will be surprised to find out the Chinese government would like to know what its....
Related News
Bitcoin services provider SpectroCoin has unveiled a new mobile app for iOS devices, a debut that follows the release of its Android and Windows apps in December. The UK and Lithuania-based company indicated the iOS app is designed to appeal to existing Apple customers who had previously used its desktop service, but turned to other wallet providers for on-the-go purchases and trading. SpectroCoin CEO Vytautas Karalevičius told CoinDesk: "It makes SpectroCoin more of a one-stop shop, as there is no need for third-party mobile apps. Also, differently from most apps, clients can have both....
From hacks to apps, a report says more than 10 counterfeit Bitcoin-related apps found their way into Apple’s App Store with some of them being designed to steal Bitcoin worth thousands of dollars from users. Though all the counterfeit apps have since been removed from the App Store, one user claimed to have lost about $10,000 with a trace to the deposit address showing it has $20,000 listed on it, according to Breadwallet co-founder Aaron Voisine in an interview. Breadwallet case. Breadwallet was one of the first legitimate Bitcoin wallets to be identified as being counterfeited to....
The scheme, which has been in operation since May 2021, targeted Chinese users through social media groups and fake websites. Research by cyber security firm ESET has uncovered a “sophisticated scheme” that disseminates Trojan apps disguised as popular cryptocurrency wallets.The malicious scheme targets mobile devices using Android or Apple (iOS) operating systems which become compromised if the user downloads a fake app.According to ESET's research, these malicious apps are distributed through bogus websites, and imitate legitimate crypto wallets, including MetaMask, Coinbase, Trust....
Fake bitcoin wallet apps have emerged in the Apple iTunes App Store, potentially putting bitcoin accounts at risk and reinforcing the need for people to make sure they are downloading apps from official wallet websites, according to Kyt Dotson, a senior editor at Silicon Angle. A representative of Breadwallet, a bitcoin app available in App Store and Google Play, has posted a notice on Reddit listing a number of fake bitcoin wallet apps in the iTunes App store, calling into question Apple’s vetting process. The fake apps have names similar to the official mobile wallet apps, but they can....
U.S. President Donald Trump signed an executive order on Tuesday banning the Alipay payment platform and seven other apps with links to the Chinese, saying the apps can access private information from their users. Separately, U.S. officials are considering banning U.S. citizens from investing in Alibaba Group, an affiliate of Alipay’s parent, and Tencent Holdings, […]