Ireland Central Bank Grants Approval To Ripple, Immutable Launches ‘Passport’ Wallet Infrastructure With Google, Apple Login

Here are some of the major developments from the world of crypto over the past few days
Ireland Central Bank Grants Approval To Ripple
Ireland Central Bank Grants Approval To Ripple

The Central Bank of Ireland (CBI) has granted an approval to cryptocurrency payment network Ripple to function as a virtual asset service provider (VASP) in the island nation.

Ripple said in an announcement on December 19, 2023 that it has now been added to the Central Bank of Ireland’s list of registered VASPs, thus allowing them to provide certain digital asset services in Ireland.

According to data from Central Bank of Ireland’s VASP register, Ripple can conduct transactions on behalf of another natural or legal person who moves digital assets from one address or account to another. Ripple is also allowed to provide crypto exchange services against fiat currencies, as well as exchange between different cryptocurrencies, along with providing custody services, according to Cointelegraph.

Immutable Launches ‘Passport’ Wallet Infrastructure With Google, Apple Login

Web 3.0 game publisher Immutable has launched its new wallet infrastructure, called ‘Immutable Passport’. The new login method allows users to create and recover their wallet using a Google or Apple account or through an email address.

At launch, five games and apps have implemented Immutable Passport: Gods Unchained, Blocklete Golf, B/R Watch 2 Earn, TokenTrove and AtomicHub. These apps have a combined user base of over 500,000 people.

In addition to launching the wallet infrastructure, Immutable has also debuted a dashboard that automatically displays details after login. The dashboard will allow players to “find new games with ease, store and add funds, link third-party wallets, and manage all [their] in-game items within one familiar experience,” Immutable said.

Atomic Wallet Launches $1M Bug Bounty Amid Hacking Lawsuit

The developer of Atomic Wallet has launched a $1-million bug bounty to find security flaws in its wallet software. The launch comes amid an ongoing class action lawsuit against the developer related to a $100-million hack in June 2023.

Now, the development team is extending an invitation to ethical hackers and security experts worldwide to find software bugs and security flaws in its open-source code. White hat hackers who find the most serious type of vulnerability and report it to the team will receive $100,000.

According to Cointelegraph, the vulnerability has been defined as any flaw that would allow “the ability to attack and/or drain a wallet without physical access, installed malware, or social engineering indicating an actual over-the-internet attack and a flaw in our code or dependencies,” Atomic Wallet said in an announcement.

If a hacker reports bugs or flaws that fits this definition, they will be paid $500-10,000, depending on the severity of the vulnerability. For instance, hackers will be paid $5,000 for the discovery of a “high-risk” vulnerability and $10,000 for a “critical-risk” one. The total amount of the bounty pool for all discoveries is $1

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