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Dutch bank ABN AMRO ditches its Bitcoin wallet because it’s ‘too risky’

May20
by on May 20, 2019 at 8:30 am
Posted In: Around the Web, blockchain, cryptocurrency, Hard Fork


Dutch bank ABN AMRO has decided to cancel its plans for a custodial cryptocurrency wallet, called Wallie, claiming that digital assets are “just too risky.” Back in January, the rumor mill spun into action after images surfaced on Twitter that appeared to suggest Dutch bank ABN AMRO was designing a cryptocurrency wallet. But now the bank’s senior press officer, Jarco de Swart, confirmed to Hard Fork in an email that the bank has “decided not to follow up on the Wallie enquiry [sic].” “We have approached all the people who have shown interest,” he continued. “We have concluded that cryptocurrencies…

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Report: Google breaks up with Huawei, blocking it from Android apps and services

May20
by on May 20, 2019 at 1:31 am
Posted In: Around the Web, Insider


In a surprise bit of weekend news that could have major implications on the smartphone market, Reuters reports that “Google has suspended business with Huawei that requires the transfer of hardware, software, and technical services except those publicly available via open source licensing.” Translation: Huawei can no longer implement a full-fledged version of Android, losing access to Google services and more. Instead, it’ll only be allowed to use the open source components of Android. That means no Google Play Store, no Gmail, no YouTube – at least not without major workarounds. This presumably affects future devices; it’s not clear what…

This story continues at The Next Web

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