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What is a Mobile Wallet?

A mobile wallet is a virtual wallet that stores your credit or debit card information and cash balances. It is accessible through a mobile...

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This Week in Fintech ending 25 March 2022

This week our experts brought you the following insights based on their experience as investors, entrepreneurs & executives. Monday Ilias Hatzis our Greece-based crypto entrepreneur (Founder & CEO at  Kryptonio a “keyless” non-custodial bitcoin and cryptocurrency wallet, that lets users manage bitcoin and crypto, without private keys or passwords and Weekly Columnist at Daily Fintech) @iliashatzis […]

The post This Week in Fintech ending 25 March 2022 appeared first on Daily Fintech.

App Store Outages and Missing Crypto Wallets: What to Do? BTCWires Explains

Trust Wallet, a crypto wallet app rated at 4.7 stars and with a total of 166,379 reviews – take from that what you will – has reported on its official Twitter page and community webpage that the app became unavailable “on March 21, 2022 at 1pm PST”, which seems to match the time of the outage reported by more than 3,000 users on Downdetector

BTC Wires, a leading online digital platform that provides information about crypto and blockchain technology, examined possible reasons in the Trust Wallet case, and came up with steps that crypto users can take. 

What Was the Reason?

It is still uncertain if the above mentioned events are related, though the company behind Trust Wallet seems committed to assuring its users that the problem will be solved in “a timely manner”, and transactions have been confirmed to be working just fine. 

Another possible explanation for the sudden disappearance of the app from the store might be related to App Store guidelines regarding the use of third-party payment services, which seems to be the case, at least for Trust Wallet, with the words:

“The app does not sell any crypto, you will be redirected to a 3rd party provider” hanging over its official community post forewarning crypto adventures just as those of Dante in the famous Italian comedy. 

Apple has reportedly restricted the use of third-party payment integrations when there's no physical exchange of goods or services, making adjustments to their policies whenever legally obliged and/or pressured, as is the case in the Netherlands and in South Korea. However possible for this to be the case surrounding the issue with some wallets, nothing has been disclosed by Apple or by any other company that would confirm this theory. 

Are Other Wallets at Risk?

Nevertheless, many users of other wallets and wallet services embedded with exchange platforms have understandably become wary about the situation, which expands the proportion of need-to-know information one requires before trusting any amount of money to a service. 

With that in mind, here are a couple of options one can rely on to not have that issue:

  • NOW Wallet: Since the company behind the wallet is likewise behind the exchange platform, they do not depend on a third party to execute the payments, thus they are compliant with App Store guidelines. The wallet supports nearly 400 cryptocurrencies, about 60 fiat currencies, and NFTs. Since it is non-custodial, the user has full control of the private keys and the funds. There are other benefits to this wallet as well, such as its simplicity and straightforward app design, making the learning curve accessible even to the most tech-averse person.
  • Coinbase Wallet: Coinbase is a staple in the crypto market by now, and its Wallet product, in opposition to the regular Coinbase service, is a DEX, thus allowing crypto swapping just as other DEXs. It supports all ERC-20 tokens (including USDC and DAI), BTC, BCH, LTC, XRP, XLM, and DOGE. Since its inception, it has been known for its appeal among beginners and is well regarded by its users.
  • eToro Money Crypto Wallet: Another great option for those who like stability. eToro, like Coinbase, has established itself in the crypto market as a reliable broker service and a wallet. It's trustworthy, supports over 500 crypto pairs, and is secure. On the other hand, it might be too much of a challenge for beginners.
  • Gemini Wallet: If you are out there looking for something different, this might be what you're looking for. Gemini offers a hot wallet insurance in case of a security breach or hack, which is an added bonus when dealing with money on the internet. There is good and bad in this wallet. Some of the fees can be quite high, and you don't get as many options of currencies (about 70 crypto assets) and they're not as variable as you would get with other wallets. Despite this, it still has a reputation as a reliable wallet.
  • Ledger Live Wallet: Now if you are in for something more niche, you might like Ledger Live. The wallet is powered by Ledger, the most reliable hardware wallet available, supports 1,800 coins & tokens, and uses advanced security features. The only downside is the lack of online customer support.

Those are not the only alternatives but are currently some of the most reliable ones out there. The perfect fit for you will largely depend on your crypto interests, and while the aforementioned wallets deal with a wide range of assets, you should always do your own research and see what better matches your needs.

Visit BTC Wires to find more news and other crypto-related information. 

What to consider when migrating data warehouse to Amazon Redshift

Customers are migrating data warehouses to Amazon Redshift because it’s fast, scalable, and cost-effective. However, data warehouse migration projects can be complex and challenging. In this post, I help you understand the common drivers of data warehouse migration, migration strategies, and what tools and services are available to assist with your migration project. Let’s first […]

This Algorithm Designs Proteins From Scratch to Accelerate Drug Discovery

protein binders
The proteins that control our lives are like rolling tumbleweeds. Each has a tangled, unique shape, with spiky side-branches dotting its surface. Hidden in the nooks and crannies are the locks to battle our most notorious foes—cancer, diabetes, infections, or even aging—if we can find the right key. We just got a universal key maker. […]

Demystifying blockchain oracles: Part 1

Simply put, blockchain oracles facilitate accessing, processing, and transmitting information between the outside world of off-chain data and smart contracts.

The post Demystifying blockchain oracles: Part 1 appeared first on CryptoSlate.

Silex introduces new solution to accelerate cryptographic operations on FPGA or ASIC

Silex Insight, a provider of cryptographic IP solutions, announced today it is now extending its offering by introducing a Network Security Crypto Accelerator. The Network Security Crypto Accelerator is a hardware IP core platform that accelerates cryptographic operations in System-on-Chip (SoC) environment on FPGA or ASIC. In order to answer the needs of high-performance systems, […]

The post Silex introduces new solution to accelerate cryptographic operations on FPGA or ASIC appeared first on CryptoNinjas.

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Improve reusability and security using Amazon Athena parameterized queries

Amazon Athena is a serverless interactive query service that makes it easy to analyze data in Amazon Simple Storage Service (Amazon S3) using standard SQL, and you only pay for the amount of data scanned by your queries. If you use SQL to analyze your business on a daily basis, you may find yourself repeatedly […]

Wireshark HTTPS Decryption

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If you’ve done any network programming or hacking, you’ve probably used Wireshark. If you haven’t, then you certainly should. Wireshark lets you capture and analyze data flowing over a network …read more

Elon Musk unveils Tesla’s first European Factory with Fanfare

Here are the top trending news from the world of technology 1) Elon Musk unveils Tesla’s first European Factory with Fanfare Tesla’s CEO and founder Elon Musk on Tuesday unveiled company’s Gigafactory in Germany. This is a milestone moment for the electric vehicle manufacturer as this is its first factory in the Europe. To mark [...]

The post Elon Musk unveils Tesla’s first European Factory with Fanfare appeared first on Platform to Showcase Innovative Startups and Tech News.

Participate and build on Avalanche with Coinbase Cloud

Coinbase Cloud provides web3 APIs, services, and infrastructure to power the next generation of software builders. As part of our vision to empower...

Accelerate your data warehouse migration to Amazon Redshift – Part 5

This is the fifth in a series of posts. We’re excited to share dozens of new features to automate your schema conversion; preserve your investment in existing scripts, reports, and applications; accelerate query performance; and potentially simplify your migrations from legacy data warehouses to Amazon Redshift. Check out the all the posts in this series: […]

The three keys to omnichannel retailing success

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