• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

TronWeekly

Crypto World News

  • Home
  • Education
    • Best TRON Wallets
    • Beginner’s guide to TRON
  • Opinion
    • Tron Tokens
    • Market Analysis
  • Industry
    • Tron Exchange
    • Project Review
  • Press Release
  • Advertise
  • About us
    • The Team
    • Editorial Policy
    • Write for us
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • Contact
You are here: Home / Archives for Education

Education

Warning: Hackers Can Steal Your Crypto With Coronavirus Maps – Safety Tips!

March 24, 2020 by Simran Alphonso

Recently, a security researcher pointed out how hackers were using coronavirus dashboards for malware injection to dig a user’s data and steal its personal information.

The pandemic has been all over the news, people from around the world are constantly hooked to find information about it on their screens. Be it to learn more about the disease, its prevention, symptoms or statistics – content related to coronavirus, sells. 

Shai Alfasi, a security researcher at Reason Labs figured out that Coronavirus dashboards were used not only to provide information related to the pandemic but was also sucking out data. 

Hackers are now in a position to steal personal empirical data such as passwords, account details, card details, and much more sensitive information most people have stored on their browsers. Shai even stated how the notorious parties are currently targeting Windows devices only but in no time can learn attacking other devices as well.

Screenshot from 2020 03 24 19 11 23 1

It has been recorded that malicious programmers are using AzoRult to steal users’ data. The malware was first discovered in 2016 as an information theft tool that is used to steal browsing history, cookies, IDs, passwords, etc.  It was sold on Russian underground forums to collect various types of sensitive information from an infected computer. But not just this, the malware is now advanced to even pull out cryptocurrency-related information such as wallets IDs, passwords, private keys [if saved] and a lot more!

All of us go through articles and online content on trustworthy as well s untrustworthy sites. SOme store our information and some make us feel like they don’t. Nevertheless, at such vulnerable precedented times, it’s vital to keep our selves safe not just physically but even digitally. 

In such situations, precautions and digital data security is important. Here’s a list of things you can do to maintain your personal digital security:-

  1. Backup your IDs, passwords and wallet details offline. 
  2. Erase your cache, personal data storage, passwords, etc from your browsers. 
  3. If you notice a device you own is responding slower than usual or you’re experiencing persistent pop-up messages, spam, or malfunctions, your device may be infected with malware. In such a situation reset your device, check if your wallet has been compromised and install anti-virus/ malware software.
  4. Keep 90% of your crypto offline in cold wallets. 
  5. Keep only 10% or less of your crypto in hot wallets if you need liquidity in hand. 
  6. Don’t visit unpopular, shady sites for information related to the pandemic. Stick to government forums or popular secured sites.
  7. Run regular scans on your computer to detect any malware. 
  8. ‘Secure’ your network, and ‘think’ before you ‘click’ or ‘submit’ your details or ‘allow’ any sort of permissions.

Additionally, always check the domain you visit to avoid phishing activities. Monitor coronavirus maps closely as malicious sites function differently than originals. 

 

 

Disclaimer note: This article is not a piece of investment advice. Please do your own research before investing/trading in cryptocurrencies.

Filed Under: Education Tagged With: Crypto Wallets, Hackers, Hacks

Top 5 Crypto & Blockchain Research Papers to Read in 2020

March 15, 2020 by Simran Alphonso

The world is really falling apart, isn’t it? Bitcoin to the moon and the Lambos that we were going to chill in this summer came crashing right down when the market collapsed. 

If you’re at home sinking in despair about how the stocks have crashed, how Bitcoin easily left its support margins and how coronavirus is spoiling your social life. –  here’s a list of research papers you can read, while you’re at it. 

    1.Impact of the 2020 Bitcoin Halving: A Mathematical, Social,               and Econometric Analysis

Starting with Jered Masters research paper on the impacts of the 2020 Bitcoin halving. His research “explores the consequences” of the Halving. It is a methodical approach that concludes the price of Bitcoin could drop in the short-term and increase in the medium. The paper also suggests how this halving could be different from the previous ones. Jered also talks about how the reaction to this halving could hold indicators for the long-term utility and security of Bitcoin – discussed in the later sections. 

      2.Crypto thesis for 2020

Messari the aggregate data provider company which provides insights to its users to make correct decisions around BItcoin and crypto wrote down a research paper as their “thesis” of crypto for the year 2020. Right from the top 10 people to watch in the crypto space to DeFi and policy trends – it has it all. To give a bit of investment advice, it says, 

“BTC: Digital Gold

  • ETH: DeFi Reserve (vs. ICO Reserve)
  • XRP: Too-Big-To-Jail Coin
  • USDT: Surprise! They’re more reserved than most Tier 1 banks. (vs. Surprise!

They’re solvent.)

  • BCH: Bitmain casino chips
  • LTC: BTC betanet 4-> (vs. Now useless)
  • EOS: Actually no, it is in fact broken and run by a cartel. (vs.Wait, it’s legit?)
  • BSV: Faketoshi Coin
  • XLM: Burn the coins cuz no one wants them (vs. Cool. Enigmatic.)
  • BNB: exciting unregistered security
  • LINK: XRPArmy welcome
  • ADA: YOU STILL DON’T KNOW WHAT IT IS?
  • XTZ: Wow! Staking games will never backfire!
  • ALGO: Top 20 if no one redeems, amirite?
  • TRON: fake-it-til-you-make-it coin
  • XMR: Fluffy Pony Watch Fund
  • LEO: Quasi-security backing a quasi-Liberty Reserve
  • ATOM: Most interesting ETH “complement”
  • NEO: “Chinese ETH”
  • HT: Quasi-security that might have CCP blessing”

3. The Marketing Strategy of the Cryptocurrencies

Cryptocurrencies and Blockchain Technology – The Marketing Strategy of the Cryptocurrencies is written by Rafi F. Asgarl from Azerbaijan State University of Economics. The paper is a thesis intended to clarify the fundamental thinking or mentality towards cryptocurrencies, what they are perceived as what they should be – under two segments:

  • Theoretical analysis of the problem. Cryptocurrencies and their marketing strategy
  •  Methodology and the results of empirical research. Blockchain technology

It’s a good read for the non-techie community. 

4. Transformative effects of IoT, Blockchain and Artificial Intelligence on cloud computing: Evolution, vision, trends and open challenges

This study is done by multiple researchers, it is a collaborative effort. The study explores the scopes of how three emerging technology paradigms: Blockchain, IoT and Artificial intelligence will influence the growth of future cloud computing systems. The research even identifies several technologies driving these paradigms. The research invites international experts to discuss the current status and future directions of cloud computing. 

Additionally, the paper even proposes a “conceptual model for cloud futurology” to explore “the influence of emerging paradigms” and technologies on the evolution of cloud computing.

5.Stake Shift in Major Cryptocurrencies: An Empirical Study

This empirical study is done by multiple researchers namely Rainer Stütz, Peter Gaži, Bernhard Haslhofer, Jacob Illum; one the best researchers and computer scientists of this space. As interesting as it can get, the paper revolves around secure PoS proposals to observe the time gap between stake contributions. Further, it even investigates the ledgers of the top cryptocurrencies – Bitcoin, Bitcoin Cash, Litecoin and Zcash.

It’s a good read for geeks who are knee-deep into consensus mechanisms.

 

 

[Note:- To download any of the ‘unavailable’ research papers, please copy and paste the research links to https://sci-hub.tw/ for a free download.]

Disclaimer: The suggestions in the listicle are based on the writer’s research and personal opinion.

 

Filed Under: Education Tagged With: Bitcoin (BTC), Bitcoin halving, Crypto Halving

Are Blockchain Voting Systems the Solution to Election Fraud?

February 18, 2020 by Richard M Adrian

Blockchain has won attention as a means to boost public trust during elections. The Indian Election Commission is considering a blockchain voting system and has partnered with the Indian Institute of Technology to develop a blockchain voting system.

Mr Sunil Arora, Chief Election Commissioner, believes that blockchain will improve voter turnout as more people from different regions choose to vote even when they are away from their hometowns of registration.

Aleksander Essex and Jeremy were the developers who identified the potential of blockchain in the validation of the voters.  During the early stages of budding technology, when bitcoin was a meager $30; Clark and Essex used bitcoin as a form of carbon footprint in digital information that could make electronic voting secure and efficient. 

Several startups have since followed up to build on the Blockchain electronic voting infrastructure. One such startup is FollowMyVote-a Virginia-based company. FollowMyVote is trying to break the idea that voting systems can’t go online. Especially in an era that has infiltrated democracies through the lure of election fraud and third party tampering.

When governments do not accept the concept of democratic voting systems, developed democracies would probably collapse. Blockchain voting platforms will ensure effective voter identification, registration and also streamline the process of counting and validating votes. At a time when almost all aspects of life are conducted online, technology will help bridge political functions. 

In fact, blockchain researchers have successfully run acid tests on how to eliminate vulnerabilities in blockchain voting systems. However, several entities remain skeptical about the implementation of blockchain in voting. For example, the increasing trend of hackers exploiting blockchain applications provides further cause for concern.

 Back in 2017, Homeland Security posited U.S. elections as the country’s core infrastructure. US Homeland Security Secretary Jeh Johnson told media reporters how elections would qualify for state-funded cybersecurity assistance, federal transport systems, and federal protection.

The Department of Homeland Security reported more than 500,000 damaged voter records after the 2016 US election. A series of investigations led by Robert Mueller, a special counsel, indicted 26 Russian nations for allegedly hacking into voting systems. The investigation report highlighted the hackers target voting systems in at least 21 states.

Security researchers have just recently discovered attempts at phishing campaigns targeting three candidates in the 2018 midterm elections. Homeland Security Department claims that a lack of confidence would impact voter turnout. Say a scenario where you’d prefer to stay home and not vote, rather than participate in a rigged election or may lose their trust in the elections.

Blockchain voting remains one of the most explored blockchain use cases. However it isn’t clear why most tests for blockchain voting have been on a small scale. Especially targeting community projects and student organizations. Nonetheless, the largest blockchain voting system was tested in Moscow, Russia during a city council election. In fact, the end result was increased voter turnout with 90 percent of those registered to use the blockchain program.

 

Filed Under: Education, Industry Tagged With: Blockchain Crime, cryprocurrency industry, India

IOTA In Policy Making and Regulation

February 14, 2020 by Richard M Adrian

Great administration is basic for the development of good technology. Both, be that as it may, have a sort of harmonious relationship. The mandate of future-minded policies is to create a world strict compliance laws that do not affect the prosperity of innovation.

It would seem that the blockchain’s practicality was only aligned to finance. However, trends in the application and implementation of blockchain have proved otherwise. Blockchains are driving social transformation and the creation of new governance structures.

The Internet of Things (IoT) and its coin IOTA, is working with national, regional and global level policymakers to create sustainable governance. 

Implications of Blockchain and DLT in Policymaking

The biggest challenge the blockchain needs to overcome is regulatory scrutiny. To understand the implications of innovation policy makers and financial regulators are still digging in. The space is still uncertain and it is highly speculative how policymakers will choose to regulate it.

Meanwhile,  the social impact sector is also attempting to experiment and adapt blockchain. This has led to the rise of terms such as blockchain charity, decentralized justice, and governance.

IOTA is fascinated to address all these challenges. The internet of things coin is betting on a better world where people with good intentions come together to design and deploy beneficial technology. 

In a press release on its website, IOTA announced to incorporate a distributed ledger non-profit foundation in Germany. The foundation will steward fundamental commitments of the European Union in law, governance,  constitution, and human prosperity.

Challenges in governance that the foundation wishes to address include administrative costs and unclear regulatory structure. There has been proof that smart contracting can help reduce overhead costs by cutting intermediaries in administration.  

IOTA Public Regulatory Affairs and PolicyMaking

IOTA together with its Public Regulatory Affairs teams is providing expert briefs, lawmaking reports, educative workshops and reports to compliance and policymaking bodies across the world. The foundation will work with major advocacy groups and innovators around the IoT and  DLT space.

Therefore forging partnerships that are likely to contribute to the deployment of effective, principled and innovation-friendly public policy frameworks that hold public interest at its core. In the release, IOTA promised that it would hold this responsibility seriously. 

In 2018, Malta made history as the first government to set a regulatory framework for blockchain, distributed ledger, and cryptocurrencies. The engagement of government in the decentralized universe made the Island one of the most favorable destinations to set a blockchain enterprise.

This shows how significant favorable governance structures can be for the development of blockchain innovation. The structure of the IOTA foundation makes governance an important mission to its mandate.

For instance, the foundation gets the majority of funding from government grants.  Donations from various individuals and enterprises make the organization put the interest of good intentions into its heart.

IOTA believes that active engagement with policymakers and regulators will drive the next phase of growth for the distributed ledger.  

It is interesting and fascinating to watch the unfolding of this technology, especially the interweaving of Blockchain and the Internet of Things in governance. 

 

 

 

Filed Under: Altcoin News, Education, Industry, News Tagged With: Blockchain, Crypto Regulations, Decentralized Applications, IOTA (MIOTA), IOTA market

Is Ethereum’s Price Action Dependent on Bitcoin?

February 9, 2020 by Mary

The Underlying Correlation Between Bitcoin and Ethereum

The correlation coefficient is the statistical measure of strength that two relative variables have in their relationship. Analysts observed a sync performance between Ethereum and Bitcoin since last year. Both coins have a strong positive relationship. Where their price correlation coefficient is 0.68.

This estimate represents the past 100 days of price action for both assets. The correlation measurement usually has 1 as the strongest positive correlation. -1 represents the strongest negative correlation.

A negative coefficient reveals two prices moving in opposite trends. The positive coefficient, however, shows price actions moving in the same direction.

In this regard, the price of Ethereum has most times depending on the valuation of Bitcoin. Here is why? 

Oftentimes factors such as expert forecasts, calamities and major political events have influenced cryptocurrency market sentiment.

Closely, it turns out that overall cryptocurrency market sentiment has a huge influence on Bitcoin. Therefore it is likely that the price of a couple altcoins could depend on the price action of Bitcoin.

According to Skew, Ethereum posted the highest correlation coefficient with Bitcoin for two consecutive years. The total average correlation is 0.9. While 2019 posted the highest correlation index between both digital assets. 

2018 bear market will go down the books of history given the historic bitcoin price crash. A squashing crypto market bloodbath followed the massive price shed. This indicated a striking correlation between the price of Bitcoin and that of all crypto assets.

The stock market has witnessed a high correlation between the United States Dollar and equity markets. As the US dollar is the largest store of wealth, so is Bitcoin the largest store of asset class wealth. It, therefore, makes sense that the overall performance of crypto markets is pegged on Bitcoin. 

However, most traders and analysts agree the Ethereum – Bitcoin correlation is a natural situation in the cryptocurrency market. Meanwhile, Michael Van de Poppe compared the correlation coefficient in crypto markets to that of commodities. The Amsterdam Stock Exchange trader and market analysts said gold leads in the commodities asset class. Gold’s price sets the pace for other metals. 

It is therefore clear that Bitcoin’s price could change as a result of government policies, high volatility in traditional financial markets; but this change will likely reflect on the entire cryptocurrency market. However, Van de Poppe notes slight variations in this observation. He says: 

“Some parts the correlation is high in which Ethereum outperforms Bitcoin, in some parts, it’s low as Ethereum drops hard against Bitcoin, while Bitcoin trends up against USD. It’s different in different parts.”

Ethereum will not necessarily repeat Bitcoin price movements. A correlation study for the period between June 2017 and December 2019 revealed that 5 of 14 cases indicated a strong positive correlation. While four cases showed a negative correlation coefficient.

However, the correlation between Ethereum and Bitcoin has intensified since the last half of 2019. Nonetheless, researchers at the San Francisco Open Exchange reveal Ethereum’s strong correlation is a result of general failure.

Particularly the failure to launch Ethereum 2.0 in 2019. Several studies have also been trying to establish a correlation pattern between cryptocurrency and equity markets. Sadly, none was identified and traders have been quick to suggest that correlation is not a reliable tool for market analysis. 

 

Filed Under: Bitcoin News, Education Tagged With: Bitcoin news, cryprocurrency industry, ETH, Ethereum - Bitcoin correlation, Ethereum (ETH), Ethereum and Bitcoin

Korean University To Issue Diploma Degree on Blockchain Following Coronavirus 

February 9, 2020 by Tabassum Naiz

  • South Korea’s Pohang University of Science and Technology, POSTECH is reportedly issuing diplomas on top of blockchain technology. 
  • Coronavirus fear has led the university to take this step.

What’s New?

POSTECH is a science and technology university located in Pohang, South Korea. South Korean’s Maeil Broadcasting Network (MBN) was told by an unknown university official that the university feels it is unsafe for all students to gather for the graduation ceremony, particularly after Coronavirus has its presence across China. That fear led to the university issuing a digital diploma certificate.

The University will send a personal email that contains QR-code and a link to their diploma degree stored on the blockchain to all the graduates (precisely 828 graduates).

Adding further, the official also informed that even if a student is not able to visit the school, the diploma certificate will be sent online to the student encrypted with Blockchain technology. This certificate is created using “broof”, a Blockchain certification service handled by a Korean company ICONLOOP.

Back in June 2019, POSTECH had already issued Blockchain technology certificates. The Blockchain certificates were issued for the Blockchain CEO course.

Looking at the changes brought by POSTECH, other educational institutions have also shown their interest in Blockchain-based certificates.

For example, MIT Media Lab has also created a number of prototypes and tested them. They shared digital credentials with their Media Lab Directors and Media Lab Alumni.

How impactful will this change be? What’s next going further?

Reports suggest that POSTECH is now planning for a Blockchain-based voting system. POSTECH is presently working on developing a Blockchain-based voting survey system called Voting for Students.

Reportedly, POSTECH and Yonsei University in SEOUL had also announced their plans to create a Blockchain campus back in April 2019 last year.

Also, it was reported by iHodl that ICONLOOP has signed a strategic Memorandum of Understanding (MOU) with the Korea Productivity Center (KPC), the first consulting educational firm in Korea, to build a blockchain-based industrial ecosystem.

Considering the advantages of Blockchain technology, POSTECH is also in the process of using Blockchain technology in various management level certificates, using digital way at the time of school enrolment, providing other graduate degrees and grades in digital form. Reportedly, these projects will be running as pilot projects in schools. It will start as early as this year. This will ultimately reduce the cost of building and maintaining the database to store information. Also, this will reduce the cost of maintaining paper-based certificates.

Consequently, students will have access to their certificates easily anywhere across the globe. It will also keep their data safe from any suspicious activities, fraud, and scams happening around the globe.

Filed Under: Industry, Education, News Tagged With: Blockchain, blockchain technology, coronavirus, Crypto Adoption, Pohang University of Science and Technology, POSTECH

The 20 Best Wallets For Your Digital Currencies in 2020

February 1, 2020 by Arnold Kirimi

 

The cryptocurrency industry has experienced significant growth in recent times. As the cryptocurrencies grow in development and demand, their platforms are working more and more to offer to their clients and investors. Basically, a cryptocurrency wallet store’s digital assets manage security issues and identity verification.

The most important part of a cryptocurrency wallet is the key. Prior to deciding on the wallet, you intend to store your digital wealth, you should analyze the advantages and disadvantages of a platform. There are five types of digital wallets and in this article, we are going to narrow down the 20 best wallets to store your cryptocurrency. We hope this helps you make a Shrewd choice.

Coinbase

Coinbase

 

Coinbase is one of the most secure cryptocurrency wallets and trading platform. On top the sufficient security, Coinbase has covered all the crypto-assets through an insurance policy. In addition, you can also link your bank account and start buying and selling cryptocurrencies using the wallet.

Coinbase offers its users a lucrative user-friendly interface that is easy to use even for beginners. The wallet can store more than one signature and the two-factor authentication ensures added security. The firm is backed by several reputable exchanges on top of a big number of investors. Furthermore, Coinbase has a long way to go but it is one of the safest cryptocurrency wallets on the planet. 

Exodus Wallet

Exodus

Exodus is a universal cryptocurrency wallet that was rightfully considered one of the best wallets of 2019. The hot wallet supports over 100 altcoins. Moreover, it has a built-in cryptocurrency exchange service on top of a convenient user interface.

Unfortunately, one cannot link their bank account to the wallet. However, one can buy bitcoin or Ether using fiat deposits. In addition, Private keys are stored on the user’s device. Incase of operating system failure, the program can be easily restored. 

Jaxx Wallet

jax wallet

Jaxx wallet has been operating since 2014. The wallet supports multiple currencies as one can exchange more than 80 cryptocurrencies using Jaxx. Jaxx wallet is available on Android, iOS, Windows, and Linux while one can also use the chrome extension. The platform boasts excellent customer care support through online platforms like email or social media.

In addition, it has a news module that enhances the app’s value as it shares all the significant updates and crucial information on digital currencies and Blockchain. Jaxx wallet also enables users to keep track of the market by analyzing price and market cap while following the latest trends.  

Copay Wallet

Copay

Copay wallet is a product of BitPay Inc. Bitpay has led to many businesses accepting Bitcoin as a payment medium. That makes Copay one of the most accepted Bitcoin wallets in the world. All keys in Copay are stored locally for device-based security. However, the wallet lacks two-factor authentication.

Using Copay, a user can pay on some very popular e-commerce websites such as Amazon and other businesses. The wallet supports Bitcoin and Bitcoin Cash. Copay is an open-source wallet that has been backed by developers to provide security for your crypto-assets.

Coinomi

coinomi

Coinomi Blockchain wallet supports multiple currencies such as BTC, ETH, LTC, etc. The hot wallet has a multi-currency application for smartphones. It also has a Russian language interface on top of two integrated cryptocurrency exchange services. Private Keys are exclusively stored in the mobile app. The wallet is available on iOS, Android, macOS, Windows, and Linux. 

KeepKey Wallet

KeepKey 630x261 1

Keepkey refers to a hardware wallet that stores private keys in cold storage to keep them safe from vulnerabilities. The wallet generates a 12-words security key that can be retrieved incase it gets lost. Moreover, the wallet supports BTC, BCH, DASH, DOGE, ETH, LTC, and NMC. 

In addition, KeepKey is a safe wallet in terms of security as it is safe from any virtual or physical attacks. It also provides an online platform alongside desktop and mobile applications for efficiency. Anyone looking to build an online portfolio on cryptos should try this very reliable cold wallet.

Blockchain Wallet

Blockchain wallet screenshot 01

Blockchain wallet is very easy to create and very suitable for private one-time transactions. The wallet supports multiple currencies and uses two-factor authentication to safeguard them. In addition, Blockchain Wallet’s administration doesn’t have access to information about the users. 

The wallet is quite similar to the Coinbase wallet.  The wallet allows users to send and receive payments directly. The wallet is supported in over 35 different states.  It has affordable transaction prices and it supports a range of cryptocurrencies such as Bitcoin, Bitcoin Cash, Ethereum, and Stellar Lumens. 

Moreover, the wallet offers instant transactions to users which is convenient. Moreover, a user can store funds in the cold wallet and use the hot wallet for daily transactions. Both public and private keys have to be written on a piece of paper that will be stored offline. Blockchain wallet Connects users for exchanging funds all around the world and there are no intermediaries.

Blockchain wallet is available on both Android and iOS platforms. 

Ledger Nano

iota ledger nano s 750x430 1

Ledger Nano boasts among the best Bitcoin, Ether and altcoins hardware wallets. The device has an enclosed execution environment that protects digital assets and transactions. It can be connected to a computer using a USB cable and it also has an OLED display for extra confirmation.

Ledger Nano supports multi currencies and the list keeps growing. In case you lose the device but you still have the secret phrase and backups, you can restore all your assets in a new device. No one can access the device without a PIN code.

In addition, while using the hardware, your private keys will always remain secure inside the device and they will never reach the computer. This guarantees protection against hackers. 

Trezor Wallet

Trezor Wallets2

When considering hardware wallets, Trezor is among the best Bitcoin wallets in the industry. This wallet allows one to store cryptocurrencies in cold storage and at the same time use it like a hot wallet. Additionally, Trezor can be safely used in a computer affected by malware.

It is small in size and it can be easily carried in the pocket. The device is backed by a 24-letter recovery seed and a user has total control of the private keys. On top of that, it has two-factor authentication. It has a unique sign for every transaction to keep the user’s crypto safe. However, it has been a victim of attacks and threats due to its firmware. 

Electrum Wallet

electrum mobile 800x600

Electrum is a highly reliable, fast, secure and easy to use a cryptocurrency wallet. The wallet is developed to allow regular use of cryptocurrency as a payment medium since it provides straight-forward and easy solutions while transacting. 

The wallet has a newbie-friendly user interface that enables effortless use. It also has a two-factor authentication to provide adequate protection of your digital wealth. The software is open source meaning any developer can contribute towards its development.No data is stored online and anonymity is highly maintained.  Unfortunately, only Bitcoin is supported.

Edge Wallet

edge wallet

Edge is a simple and easy to use Bitcoin wallet that is supported by both android and iOS. The wallet is highly convenient for beginners in the crypto world and provides automatic backups. In addition, it supports several currencies including BTC, ETH, LTC, etc.

Guarda Wallet

Guarda Wallet 1

Guarda’s non-custodial wallet is based in Europe and supports multiple currencies.  It supports over 40 digital currencies. In addition, it has a number of in-built crypto tools such as exchange, digital assets manager and also a Guarda tokens generator. Its system is user-friendly and is supported across desktop, mobile, web as well as desktop, mobile, web, and chrome extension.

Guarda does not allow the direct purchase of cryptocurrencies from the wallet. However, one can purchase through credit cards or through bank transfer. The wallet does not store vital information like private keys or client data. Once you log out, it clears all the information automatically as fast as possible.

In addition, it supports a wide range of digital currencies which makes it convenient.

FreeWallet

freevwallet

Freewallet boasts a built-in cryptocurrency exchange system that makes it convenient to acquire and trade all the relevant cryptos. This Hierarchical and Deterministic wallet provides support for a variety of signatures.

Two Freewallet users can transact between them without any cost. However, network fees are charged for any other transaction. The wallet does not provide private keys to users. Also, the users don’t have control over their private keys.

Unfortunately, the web version is prone to vulnerabilities and malicious attacks.

Infinito Wallet

infinito

Infinito Wallet is the world’s first cryptocurrency wallet to avail of global transactions to users.  The wallet provides faster transactions through a 24/7 blockchain regulation. It also supports a variety of digital currencies including Bitcoin, Ethereum, Litecoin as well as Neo tokens.

It provides features such as contacts and Price Management, multi-language, transaction history, QR code scanner, and a digital portfolio.  It provides a private key to protect your virtual assets from scammers and a public key to receive payments from others.

Unfortunately, it is vulnerable to mobile malware and its possible to lose all your coins if affected.

Nexo Wallet

nexo

Nexo wallet is the best wallet for Nexo token holders. The wallet gives 30% of its profits to users as dividend payments. This ensures a passive income to the holders.

The wallet is available on Android and iOS platforms. A user can check the value of their tokens even without selling them through the wallet.

In addition, Nexo users can access crypto loans through the wallet as Nexo provides crypto-backed loans. An individual can earn upto 8% of their idle funds  on top of guaranteed safety.

Bitcoin Wallet 

bitcoin wallet

 

Bitcoin wallet, the same as Bitcoin has earned a reputation as the most widely used wallet in the world. Bitcoin is the most popular and trusted cryptocurrency in the world. The wallet has engaged more than 42 million users and it is actually the most secure wallet.  The wallet has reported over $200 million transactions to date.

The bitcoin wallet is the best BTC wallet and gives users full control over their funds. The wallet can be accessed at any time anywhere in the world and offers exchange and trading services.  The wallet can be operated using iOS, Android, Windows, Linux, or Mac.

Greencoin Wallet

greem coin

Greencoin wallet is a reliable BTC wallet as it balances between the convenience and security of a BTC transaction. However, the wallet is designed for the experienced investor and it runs on a very powerful system. It can also be integrated on both iOS and Android.

Greencoin wallet has a very beautiful UI that allows users to exchange and trade Bitcoins. Moreover, it is referred as the most flexible hardware wallet in the market.  It is suitable for long-term traders due to the additional features that offer the best services to users.

After every transaction, the wallet generates a unique public key automatically. This ensures that your public address will always remain unique. Setting up the wallet may take a lot of time and it is not advisable for newbies.

Airbitz Wallet

airbitz

 

Airbitz is a hot wallet best for BTC. It allows users to store, collect, and send bitcoin across the globe. iPhone and smartphone users can effortlessly  manage their cryptocurrencies using the mobile app. However, the desktop version is not yet ready. Customized PIN code and password will be attached and write them down for future reference.

Robinhood Wallet

robin hood

The Robinhood wallet offers unmatched features that are really helpful to the users. Moreover, the wallet is aiming to offer commission-free cryptocurrency transactions to its users. The wallet supports Bitcoin, Ethereum and Dogecoin besides other popular digital currencies. 

The app version is powerful and it facilitates buying, selling and trading of assets using the application. Unfortunately, the dividends reinvestment program is not available on the wallet. However, the company is working on it.

Hive Wallet

hive 1

 

The Hive wallet aims at providing greater convenience to the traders. The wallet has a simple user interface; where one can use the navigation buttons to increase visibility. It facilitates buying and selling of cryptocurrency using two main screens.

Hive is one of the best wallets out there due to its simplified payment verification process. This eliminates the need for a third-party application.Additionally, the wallet has a game-changing feature in bitcoin AppStore. It lets the user interact with other systems within the blockchain ecosystem. 

 Conclusion

Cryptocurrency wallets play a significant role in the cryptocurrency ecosystem. More people are becoming interested in trading using digital currencies and these wallets; are there to make their experience convenient, secure, and simple.

In fact, every wallet is very different from others and has quite unique features. With all the information provided, you can make a good choice of a wallet that will suit your needs and make your cryptocurrency journey an enjoyable one.

 

Filed Under: Education Tagged With: Bitcoin (BTC), Blockchain, Coinbase, Ethereum (ETH), Litecoin (LTC)

Facebook’s Libra Project is Developing a Governance Model that will Disrupt the Remittance Space

January 28, 2020 by Arnold Kirimi

The controversial Facebook’s Libra project has been 2019’s biggest story. However, it is not the only payments project hoping to transform the payments sector, when still ripe to throw into disarray.

As per the most recent statistics, the remittance course leading to low and middle-income nations is predicted to extend to  $574 billion in 2020; and $597 billion by 2021. However, this is a sector that has been pestered by carelessness, which has been an expensive occurrence to some. The high cost on top of the rigorous laws and regulations, continue to bear an impediment to the payments sector.

Dante Disparte, the Head of Policy and Communications at the Libra Association, likens the current payments system as “walled gardens.” He notes that the current 230 million economic asylum seekers are the individuals that propel the GDP of their mother countries. This is bigger than the p2p payments, foreign direct investments or even official government aid and development assistance. However, he adds that there is no way to achieve this in a less expensive and systematic way.

Libra Tapping Payments Space

Moreover, Disparte claimed in a recent interview that the competition in the payments space is minimal; and the existing methods are “one big monopolist player or there’s a duopoly operator” running the remittance sector. He also touched on the Libra project exploring this opportunity. He said:

“If we introduce the opportunity for digital wallet providers to emerge that are interoperable, that’s a big game-changer for the world. To do that right, of course, means you have to go through the process we’re going through now – build a governance model that can withstand the the the vagaries and the vicissitudes of any one organizations and association but also build a model that could achieve a regulatory standard that protects consumers.”

In addition, the lack of infrastructure has led to slow digital currency and remittance engagement. However, in the case that Facebook’s Libra project receives regulatory approval, it will go head-to-head with an experienced figurehead in the industry; Ripple. The blockchain firm has multi-partnerships under its wing.

Will Libra Disrupt the Remittance Space?

As per the initial expectations, Facebook expects the Libra cryptocurrency to launch within the first half of 2020. The global stablecoin is designed to enable users to be able to initiate payments using Facebook and WhatsApp and stored in its digital wallet called Calibra. 

The main focus of the Libra project is on developing countries and the unbanked. However, it remains to be seen which companies the project will partner within these regions because their targets are not expected to book Uber or buy hamburgers. The ineptitude to bring value is expected to make make it hard to sell in the particular regions especially; since it will disrupt the local players on top of limiting the government’s oversight on the banking system.

In addition to this, Libra will facilitate payments regardless of whether the parties involved are criminals or not; whether they are under sanctions or not. Facebook will have to provide good proof that it will not facilitate terrorism. Given how the social media giants handle their social network, this will be a difficult task.

In conclusion, the stablecoin will have to get rid of many middlemen (in this case banks) from the market. However, they still need banks in their loop. In order for Libra users to use it, they will have to convert fiat into Libra. Additionally, if its target is the over $500-billion-dollar remittances market, there is a need for a smooth transition from Libra back to local currency. These are the areas where banks will be required.

 

Filed Under: Education, Industry, Market Analysis, News, Opinion Tagged With: Crypto Regulations, Facebook's Libra, Stablecoins

China Pilot Testing its Digital Currency: Will the Digital Renminbi Challenge the US Dollar in the Currency Wars ?

January 14, 2020 by Richard M Adrian

The majority of Chinese intellectuals called out over-reliance on the United States Dollar and seemed worried about the safety of Beijing’s massive amount of US dollar reserves. These scholars suggested the diversification of China’s reserve and pressed the government to globalize the Chinese Renminbi.

Against this backdrop to potentially unleash a currency war against the United States amidst heightening tensions with the Trump administration; The central bank of China is on its way to launch the digital renminbi.

Almost overnight, China has transformed into a global economic powerhouse. The nature of money has changed, and with it has come to a cashless payment society in China. Hundreds of Millions of Chinese citizens use popular payment applications to make purchases such applications like WeChat and Alipay. It is easy to see how immensely technology and quantum macroeconomics have redefined the future of money.

Since the inception of Bitcoin in 2009, many people have objected to the concept of fiat money.  Perhaps even challenging the perceived notion of the US dollar as a good store of value.

New Era in the Currency Wars

Now the People’s Bank of China (PBoC) is preparing to test the genesis of a global stable coin. In a bid to solve one of the biggest results of conspiracy in financial crises, several experts believe China’s digital currency marks the beginning of a New Era in the currency wars.It was unlikely that a digital currency could have the potential to challenge national currencies. Yet as it turns out, projects such as the Digital Renminbi and Facebook’s Libra could catalyze a new economic arms race against the US Dollar.

The fact is that programmable algorithms were initially not better storage of value, hence the rise of a volatile bitcoin. A cryptographic asset that could easily skyrocket by $10,000 or even declines to as low as $1000. Invariably, governments and central banks still had an upper hand in the financial ecosystem. However, Bitcoin and other altcoins still maintained a vast potential as mediums of exchange and international remittance.

Meanwhile, China’s Central Bank has been working on digital currency for the past six years in an effort to usurp the US dollar from its reserves. Figures have it that at least 58% of global foreign exchange reserves are held in dollars. While China could create an all parallel new financial ecosystem presently dominated by giants such as Paypal and SWIFT; it is unlikely that it would catch up with the US dollar. China positions its digital Renminbi as a stablecoin. And as it holds, stablecoins are regarded as the quintessential stepping stones towards the mass adoption of digital currencies.

Despite the Central Bank’s statue as one of the most advanced central banks in the world, PBoC shifted its acceleration forward following Facebook’s plan to unveil a global stablecoin. Beijing worried that if Facebook would unleash its currency to approximately 3.0 billion of its Facebook, whatsapp and Instagram users, China’s digital currency would be reduced to nothing. Therefore, the bank geared its effort to complete its work quickly and is currently preparing to launch its first pilot test.

Facebook CEO Mark Zuckerberg was skeptical about the United States laxity to renovate its financial system. The internet mogul referred to the currency war as global competition and guaranteed that his country’s financial leadership was at risk:

“China is moving quickly to launch a similar idea in the coming months,If America doesn’t innovate, our financial leadership is not guaranteed.“

While Libra is tied to a diverse amount of major currencies, the digital renminbi is backed by the regular yuan. Hence, it will be relatively stable. Yet unlike Bitcoin’s decentrality, the central bank will monitor all transactions that take place.

 

Filed Under: Altcoin News, Education, Industry, News, Opinion Tagged With: China, digital assets, European Central Bank, Facebook, Libra, Stablecoins

Learning the Cryptocurrency Ropes

September 26, 2019 by Naveed Iqbal

In the modern world, cryptocurrency is one of the most exciting investment markets that people can get involved with. If you are looking for a potentially lucrative investment that is going to bring you the potential for a lot of money in the future, crypto is the way forward. A lot of people fear this industry because they don’t really understand it, but there is so much to love when it comes to the world of digital currencies.

Finding out as much as you can about crypto and how it works is so vital for the future. There are a lot of factors to consider here, and, if you are looking to invest in cryptocurrency, it is essential to learn a little more about the market. Here are some of the core things you need to learn when discovering what you can about cryptocurrency.

Bitcoin is King

The thing to remember about cryptocurrency is that Bitcoin is the most crucial crypto on the market. Basically, Bitcoin can determine the direction the rest of the market goes in, and this is important to remember. There are a lot of factors that you are going to need to keep in mind when assessing the cryptocurrency market, and it’s clear that Bitcoin remains an essential part of the process. You have a lot to think about when it comes to Bitcoin, and, by tracking its history, it is clear to see that this is a digital currency that’s going places in a big way.

Digital Wallets

If you are serious about investing in cryptocurrency, you are going to need to try to protect your assets as much as possible. Now, there are a lot of ways in which you can do this, and one of the key ones is to get a digital wallet. This will come with a strong passcode and phrase, and you can use it to secure your digital currency safely.

You can also transfer between wallets, as well as moving currencies from wallets to crypto exchanges, and vice versa. Choosing the right digital wallets is really important, and this is something you need to keep in mind right now.

Study Crypto

Studying cryptocurrency is an excellent way of better understanding it, and you might even find that you need to study some as part of your homework. If you are just starting, then one of the best approaches to take might be to use an easy to use homework helper to find people knowledgeable about crypto. This is important, and it will prepare you as much as possible for being able to find out as much as you can about the world of cryptocurrency.

There are a lot of things to consider when it comes to improving and boosting any investment potential you might have. When it comes to learning the ropes, cryptocurrency is definitely something you are going to need to think about. There are a lot of factors that play a part in this, and you should look to learn as much as you can so that you can make the right choices moving forward.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

Never miss our daily cryptocurrency news, price analysis, tips, and stories. Join us on Telegram | Twitter or subscribe to our weekly Newsletter.

Filed Under: Education Tagged With: Crypto, Crypto Market

  • « Go to Previous Page
  • Page 1
  • Page 2
  • Page 3
  • Page 4
  • Page 5
  • Go to Next Page »

Primary Sidebar

Recent Posts

  • XRP Eyes $2.63 Breakout as Altcoins Ignite Under Bitcoin’s Surge May 11, 2025
  • 5 Best Cryptos to Buy in May That Are Solving Real Problems May 11, 2025
  • Pundit Says XRP Price At $1,000 And Dogecoin At $10 Is A Pipe Dream, Buy This Rival Altcoin Instead For Max Gains May 11, 2025
  • $4M Cryptocurrency Theft: Florida Teens Face Kidnapping Charges May 11, 2025
  • MSTR’s Purchase of 555,000 BTCs Deflates the Annual Bitcoin Supply by 2.23% May 11, 2025

Footer

News

  • Altcoin News
  • Bitcoin News
  • Blockchain
  • Tron News
  • World

Digest

  • Meet the Founder
  • Price Winning Article
  • DeFi
  • Cyber Security
  • Crypto Scam

Industry

  • Project Review
  • Technology
  • Fintech
  • Tron Exchange
  • New in Town

Tron Universe

  • Event and Tron Parties
  • New in Town
  • Tron Tokens

Follow Us

Subscribe US

Copyright © 2025 · Tron Weekly. All Rights Reserved. NOTE: Tron Weekly is an independent crypto news site that adheres to the strict journalism policy anchored on transparency, trust, and objectivity, we have no affiliation with the TRON Foundation, its founder Justin Sun or any other cryptocurrency firm.