South Korean technology giant Samsung recently unveiled its latest smartphone series, the Galaxy S20, at the Unpacked 2020 event in San Francisco. While the headline feature is undoubtedly the new camera, according to the official marketing material the phone will also improve on the integrated blockchain security features introduced a year ago on the Galaxy S10. Security is still a highlight After copious details regarding the new camera, and briefly mentioning 5G, battery life and storage, Samsung highlights the new phones’ security features. These build on the Knox platform, a defense-grade security solution which stores private keys in a secure …
The Bank of America (BoA) has won a patent for a system for enterprises to store customers’ crypto deposits, published by the U.S. Patent and Trademark Office (USPTO) yesterday, Nov. 13. The patent, first filed in mid-June 2014, outlines the background to the invention by stating that “as technology advances, financial transactions involving cryptocurrency have become more common,” and noting: “For some enterprises, it may be desirable to aggregate cryptocurrency deposited by customers in an enterprise account.” The patent filing outlines different interactions between customers’ crypto holdings and an enterprise account, with the latter functioning to securely store (or “aggregate”) …
Samsung has refuted rumors that it has plans to offer a cryptocurrency cold wallet on its Galaxy S10 smartphone, in comments to Cointelegraph Dec. 11. The Korean-headquartered transnational tech conglomerate had recently filed three E.U. trademarks for blockchain- and cryptocurrency-software Dec. 10. As reported by Samsung community news sharing site SamMobile today, Dec. 11, the trademark requests are part of alleged plans to offer a cryptocurrency cold wallet on the Galaxy S10 smartphone, but this suggestion was swiftly refuted by Samsung in private correspondence with Cointelegraph: “Unfortunately we are unable to provide any information as the below is rumour and …
Dapper Labs, developer of the world’s most used blockchain app CryptoKitties, has received $15 million in another financing round, global news agency PR Newswire reported on Nov. 1. The new funding will help the Canada-founded Dapper Labs to expand it services on a local and global scale, as well as to address infrastructure issues and to boost mainstream adoption of distributed ledger technology (DLT). According to the press release, the company is planning to set up a subsidiary in the U.S. headed by execs from video gaming firms Unity and Disney. Led by Venrock, the official venture capital arm of …
Wyoming lawmakers have passed a bill that will prohibit courts in the state from forcing someone to disclose their digital asset private keys, with one minor exception. The bill was passed through the Wyoming House of Representative in the state’s 67th general session of 2023 on Feb. 15. The law will officially come into effect on Jul. 1, 2023. “No person shall be compelled to produce a private key or make a private key known to any other person in any civil, criminal, administrative, legislative or other proceeding[s]” in the state of Wyoming, the incoming law reads. The law includes …