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Showing posts with the label users

Crypto.com reaches over 100 million global users 

On May 6, 2024, Crypto.com, one of the leading cryptocurrency exchanges, announced surpassing the 100 million worldwide user mark. This marks a pivotal moment for the company, founded back in 2016, which has consistently been one of the leaders in the space when it comes to regulatory compliance, security, and privacy. The achievement comes hot on the heels of Crypto.com’s latest brand film, “INEVITABLE,” under the theme of Fortune Favors the Brave. Interestingly, Crypto.com’s user base has been on a steady rise since the adrenaline-fueled Formula 1 Crypto.com Miami Grand Prix in May 2022, as per the latest information shared by the exchange with Finbold.com. Picks for you AI predicts Platinum price for May 31, 2024 44 mins ago How to invest 100k to make $1 million: A guide to maximizing your returns! 53 mins ago Warren Buffett predicts ‘higher taxes are likely’ for the U.S. 2 hours ago Chinese scholars agree on merits of Bitcoin ...

Crypto.com offers up to 100% rebate on Apple Store purchases for its Visa Card users

Crypto.com Visa Card users can start earning the exclusive rebates by meeting conditions such as locking up their CRO and upgrading the card to a higher tier. Reimbursements will range from $40 to $20,000 on Apple product purchases. Promotion period is from March 7, 2024 to April 2, 2024. Crypto.com has announced a limited-time promotion that will see users with the Crypto.com Visa Card get up to 100% in reimbursement when they purchase Apple products. The crypto exchange revealed the promo on Thursday, March 7, 2024, noting that the campaign will run until April 2, 2024. Crypto.com Visa Card users can get up to $20k in rebates According to the announcement, Crypto.com App users who upgrade their Crypto.com Visa Card or meet set conditions with regard to their CRO Net Buy will be eligible for the rebate . This offer is also open to new users who apply for a card and meet the requirements. The amount reimbursed will depend on the card tier and the Ap...

CertiK urges immediate iOS update for OKX users amidst major security risk

Blockchain security company CertiK has issued an urgent update to OKX wallet users on iPhone following the discovery of a major security vulnerability in the iOS application. In a post dated Dec. 19 on X, CertiK urgently advised OKX wallet users on iPhones to upgrade their app to the latest version. The security flaw identified in the OKX iOS application posed a risk of compromising sensitive user data and cryptocurrency assets. Attention! We urge users of OKX wallets to update their iOS app to the latest version immediately. Earlier this month, we identified and reported a critical Remote Code Execution (RCE)  vulnerability in the OKX iOS App,  leading to potential compromise of sensitive data and… — CertiK (@CertiK) December 19, 2023 Earlier this month, Certik identified and reported a critical Remote Code Execution (RCE) vulnerability in the OKX iOS App, “leading to potential compromise of sensitive data and crypto assets,” the blockchain security firm added. ...

Scammers exploit Threads launch, impersonating crypto Twitter users

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Threads, Meta’s newly launch ed microblogging app, has become a target for scammers wasting no time trying to deceive users . The platform has already drawn the attention of several influential Crypto Twitter users , who are sounding the alarm about imposter accounts lurking on Threads. On July 8, decentralized finance platform Wombex Finance shared an image of an imposter Threads account pretending to be associated with their project. Wombex Finance promptly alerted users , cautioning them that scammers could potentially operate the account since their project was not present on the Threads platform. Attention, #WombexWarriors! Please be aware that Wombex Finance DOES NOT have an account on the Threads platform. Any account claiming to be Wombex Finance on that platform is fraudulent and is operated by a scammer! To avoid scams, always refer to our official channels:… pic.twitter.com/uU8fc2lTiB — Wombex (@WombexFinance) July 8, 2023 Similarly, nonfungible token (NFT)...

Account abstraction will drive a billion users from Asia to Web3: ConsenSys exec

In addition to “smart accounts” Ethereum adoption will be boosted by Web3 gaming along with zkEVM scaling and security, says Laura Shi. Account abstraction , also known as “smart accounts” could eventually onboard a billion users from the Asia region to Web3, according to an executive at Ethereum software solutions provider ConsenSys. Speaking to Cointelegraph, the director of strategic initiatives at ConsenSys, Laura Shi, noted that the Ethereum and Web3 ecosystem has seen a strong expansion in Asia this year. “More dApps are improving UX for the Asian market, including introducing Asian language support,” she said. Shi added this expansion is primarily being driven by the introduction of zero knowledge Ethereum Virtual Machine (zkEVM) rollups and the mass adoption of Optimistic rollups. The two rollups are layer-2 scaling solutions with zkEVM offering developers security, scaling and direct compatibility with Ethereum smart contracts. Shi believes the development of account abstra...

NatWest now only allows users to move £1,000 per day to the crypto industry

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Join Our Telegram channel to stay up to date on breaking news coverage As the UK continues its attempts to regulate the crypto industry, some companies have taken their own steps to try and prevent scams and fraud in the emerging digital assets sector. NatWest is the most recent example of this, as the bank imposed new limits to how much money its customers can send to digital currency exchanges. According to the firm, users will now be limited to sending £1,000 per day, with a limit of £5,000 ($6,088) in a 30-day period. According to the bank, daily and monthly limits are necessary in order to protect consumers from online criminals. NatWest puts a limit of £1,000 per day or £5,000 every 30 days on the amount customers can transfer into crypto exchanges , in a bid to stop them “losing life changing sums of money," per Bloomberg. — unusual_whales (@unusual_whales) March 14, 2023 NatWest introduced its new limitations this Tuesday NatWes...

BlockFi files motion to return frozen crypto to wallet users

Crypto lender BlockFi has asked a U.S. Bankruptcy Court for the authority to return the crypto held in BlockFi Wallets to users. Bankrupt crypto lending platform BlockFi has filed a motion requesting authority from the United States Bankruptcy Court to allow its users to withdraw digital assets currently locked up in BlockFi Wallets.  In a motion filed on Dec .19 with the U.S. Bankruptcy Court in the District of New Jersey, the lender asked the court for authority to honor client withdrawals from wallet accounts as of the platform’s pause on Nov. 10. The court documents also request permission to update the user interface to properly reflect transactions as of the platform’s pause. In a widely shared email sent to affected users , BlockFi called the motion an “important step toward our goal of return ing assets to clients through our chapter 11 cases," adding “It is our belief that clients unambiguously own the digital assets in their BlockFi Wallet Accounts.” According to Bl...