Blockchain.com

Photo: Lukas Gojda / Shutterstock.com (Shutterstock)Bitcoin wallets older than 2016 could have a vulnerability that puts over $1 billion worth of cryptocurrency at risk, according to a report in the Washington Post. Why Should Crypto Currencies be Called Securities? | Gizmodo InterviewAccording to Unciphered, a cryptocurrency recovery company, an untold number of crypto wallets were designed with baked-in flaws that leave a backdoor in the code that hackers could easily break open. Encrypted software systems like crypto…

Blockchain.com suspends its subsidiary asset management arm which was launched in April According to a Bloomberg report, crypto financial services company Blockchain.com is suspending operations of its asset management arm, citing the prolonged crypto winter as the reason for its decision. Reports say that Blockchain.com is to pause operations. BCAM, or Blockchain.com Asset Management, was founded in April 2022 to attract institutional investors. Shortly after, the crypto industry hit a rough patch, with asset prices…