This week, we zoom out to talk about our high-level vision and goals, and introduce our latest feature: The brand new Airdrop Center.
There are countless cryptocurrency wallets, and the key difference between them is how the private key is kept. This article focuses on the private key management mechanism and technology used in decentralized wallets like KryptoGO Wallet.
This week, bug fixes and improvements following our latest big update, as well as testing our infrastructure for affording utility to NFTs.
This week, we're delivering some big architectural changes. Introducing: The Multiple Multi-wallet Update.
Deciding how to store encrypted assets is an important decision. Therefore, understanding the type of wallets is necessary for choosing which wallet works best for us.
As virtual assets are difficult to recognize but easily adopted by criminal organizations, FATF has issued relevant norms and guidelines requiring countries to include virtual assets in anti-money laundering supervision of financial systems since June 2020, and has then officially implemented its audit against member countries.
We'll keep this week short, for most of the work we've been doing are under the hood in preparation for our next big update.
Taiwan-based regulatory technology (RegTech) developer and non-custodian (DeFi/NFT) wallet provider KryptoGO has raised a total of US$3 million in its recently concluded seed funding round. The round was participated by global venture capital firm Hive Ventures, alongside other VCs including Taiwan's National Development Council, Red Building Capital, AVA Angels, New Economy Ventures, Hao Fong Investment and Pegatron Venture Capital. The funds will be utilized by KryptoGO to expand its market presence in the United States, in addition to growing its team and launching new product features later in the year.
What's new this week? Keeping bugs out of our wallet despite the summer heat, and the option to delete your account, among other things.
Blockchain, bitcoin, crypto assets, virtual currencies ... a whole new vocabulary describing innovative technology to swiftly transfer value around the world. The fast-evolving blockchain and distributed ledger technologies have the potential to radically change the financial landscape. But, their speed, global reach and above all anonymity also attract those who want to escape authorities’ scrutiny.
The Financial Action Task Force (FATF) was established in 1989 by Group of Seven (G-7) as a global authority to regulate Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT). FATF consists of 39 members who currently preside over more than 200 countries and almost every major global financial center. FATF also works closely with 8 regional associate members and 30 observer countries and organizations (e.g., IMF, UN, World Bank).
In the cryptocurrency world, transaction monitoring is a little different and more complex. Due to the anonymity of transactions, cryptocurrency transactions are often considered high-risk and approached with strict due diligence measures.
What's new July 20th? Home page asset list customization, streamlined reward redemption, and KryptoGO Dashboard version 1.0, among other things.
Under the regulation of FATF (Financial Action Task Force), countries and international organizations all over the world have the corresponding anti-money laundering (AML) standards to supervise the financial industry and some non-financial industries (such as jewelry shops and silverware shops).
KYC is the abbreviation of “Know Your Customer.” We can dully understand the purpose of KYC’s implementation in the literal meaning: confirm the identity of customers through a series of processes and understand the risks that will be brought by providing services, so as to ensure that he will not affect the business and social stability of financial institutions for money laundering, raising funds for terrorists, drug lords and other criminals.
We’re back with another biweekly update, detailing the most important changes that happened in the past couple of weeks. Or should I say, the most important “chain-ges”?
Hey — we’re back again with another dev update. Over the past two weeks, we have been focusing on improving the user experience.
This week, we released version 1.0.0 of our app, and you know what that means — some major upgrades coming your way! Let’s take a more detailed look at the update.
In order to allow the community to participate more in our discussions and to make our development progress transparent, we will share our development progress every two weeks starting from this week.
Managing NFT assets is getting harder and harder. Here are 3 tools helping you manage NFT more efficiently. Some of them are even free for use.
The Travel Rule is a new regulatory requirement regarding counterparty risks. As we mentioned in our previous article, it is relevant to almost all cryptocurrency industries operating under the jurisdiction of the FATF. The Travel Rule requires that a VASP (Virtual Asset Service Provider), such as an exchange, must identify the originator and beneficiary of cryptocurrency transactions over a certain scale initiated by their users. If the counterparty to those transactions is also a VASP, then the original VASP must transmit the user’s information to the second VASP.
Before adding or importing wallets, you need to select which chain or chains your wallet is on. If you don't know which chain to choose, this article may help you.
Last year, the trading volume of decentralized exchanges has grown eight times more than centralized exchanges. What’s even more exciting is that according to the data on the chain, the number of DeFi users are only 2 % of Crypto users, and we can expect that there will still be a huge potential in the future.
In KryptoGO’s TGIF meeting last week, we talked about judging faith in Blockchain. An internal debate for nearly five hours arose on the origin of belief in Blockchain. Do people put faith in blockchain because of the technology or is it all market speculation?