Wallet Financial News

03.07 / 09:33

Blockchain Adoption wallet Polygon Entertainment Web3 Harry Styles' Concert App Introduces Blockchain Rewards for Fans

5,000 fans of British megastar Harry Styles recently used an app that allowed them to open a self-custodial wallet in which to keep their blockchain-based rewards.

28.06 / 18:49

Blockchain defi wallet Decentralization Bitcoin Crypto needs better self-custody: This platform is solving it

While Bitcoin (BTC) offered the world an era of true decentralization, the introduction of centralized exchanges and custodial services has lured people away from the original premise of crypto — trustlessness and self-custody. However, the collapse of major crypto exchanges such as FTX acted as a bitter reminder of the importance of the “Not your keys, not your coins” mantra, triggering an exodus from centralized platforms to noncustodial solutions.

28.06 / 13:07

business Adoption wallet Hardware Wallet Private Keys Bitcoin Wallet Mobile Wallet open Open source: Buzzword or real security for crypto wallets?

Last month, hardware crypto wallet manufacturer Ledger announced its “Ledger Recover” program designed to allow customers to back up their seed phrases to the cloud and link it with their real-world identity.

23.06 / 10:03

Blockchain Ethereum wallet Blockchain Storage Cold Storage Bitcoin Wallet Bitcoin Casa launches multi-signature Ethereum self-custody vault

Since its inception in 2016, Casa promoted multi-signature self-custody of BTC in the industry with its flagship Bitcoin vault allowing users to store the cryptocurrency using up to five keys for more distributed security.

22.06 / 01:59

business Hackers hacks wallet Atomic Wallet gives major update on hack but questions remain unanswered

Atomic Wallet users have been left wanting more answers, despite the decentralized wallet provider finally releasing a full "event statement" about the June exploit — which some estimate has run up to $100 million in losses.

21.06 / 20:11

Blockchain Adoption defi wallet Support Wallet providers introduce BRC-20 token support despite market drawdown

On June 21, self-custody wallet provider BitKeep announced support for BRC-20 tokens issued on the Bitcoin network. With the feature, users can view, rank and transfer BRC-20 tokens and nonfungible tokens (NFTs). Developers also stated BRC-20 in-wallet swaps are coming “in [the] future."

19.06 / 21:25

Blockchain Ethereum Adoption wallet Messaging App Web3 usernames may see greater adoption due to recent advancements

Ever since the Ethereum Name Service (ENS) was launched in 2017, Web3 users have been able to replace the long strings of characters that make up a crypto address with a more easily memorized blockchain username or Web3 domain name. For example, Ethereum (ETH) users can now send crypto to the network’s founder, Vitalik Buterin, at his username of vitalik.eth without knowing that his address is 0xd8da6bf26964af9d7eed9e03e53415d37aa96045.

16.06 / 15:21

Blockchain wallet Market Capitalization Bitcoin Self Custody Self-custody Bitcoin amount unmeasurable so far, says Santiment exec

There is no way to measure the amount of Bitcoin (BTC) that is being sent to self-custody wallets so far, according to one industry executive.

14.06 / 07:17

business Blockchain Hackers hacks wallet security Hardware Wallet North Korean hackers swipe over $100M from Atomic Wallet users

Atomic Wallet, a noncustodial decentralized wallet, has been hit by a staggering exploit, leading to users reporting losses of their entire cryptocurrency portfolios. This unforeseen breach has sent shockwaves through the crypto community, as Atomic Wallet’s fundamental premise relies on users assuming full responsibility for storing their assets securely.

14.06 / 01:12

Blockchain NFT wallet Metaverse Footwear conglomerate Puma launches 3D Web3 experience

On June 13, German footwear conglomerate Puma launched its 3D metaverse experience, Black Station. As told by developers, Black Station is an “experiential home” for product drops built to provide “unbridled access” for Puma Pass nonfungible token (NFT) holders.

08.06 / 22:53

business wallet BitGo Crypto custodian BitGo signals intent to acquire Prime Trust

Wallet infrastructure provider and digital asset custodian BitGo have signed a non-binding letter of intent to acquire fintech infrastructure provider Prime Trust, according to an announcement on June 8.

08.06 / 15:49

Blockchain Ethereum Adoption NFT wallet Social Media Polygon Subsocial chat program implements Ethereum usernames, Polygon donations

Grill.chat, a chat app based on the Subsocial network, has now implemented Ethereum Virtual Machine (EVM) wallet compatibility, allowing users to chat using their Ethereum identities and send crypto to each other via Polygon, according to a June 7 announcement.

08.06 / 13:03

Technology defi wallet MetaMask Self Custody Multisignature MetaMask Institutional to integrate with Fireblocks MPC platform

Web3 wallet MetaMask will integrate with Fireblocks’ multi-party computation (MPC) platform, allowing Fireblocks users to access the wallet’s portfolio dashboard, according to a June 6 announcement. The integration will be part of the MetaMask Institutional product aimed at institutional investors. It will go live on June 12.

07.06 / 19:17

NFT wallet Gaming Marketplace Blockchain Game Nike NFTs are coming to EA Sports games: Nifty Newsletter, May 31–June 6

In this week’s newsletter, read about GameStop’s nonfungible token (NFT) platform partnership with game company Illuvium, and check out how NFTs can store digital assets, and how blue-chip NFT collaterals are being used in NFT lending. In other news, Nike’s NFTs are coming to EA Sports games, and don’t forget this week’s Nifty News, featuring upcoming blockchain games from Epic Games.

06.06 / 21:29

defi Hackers hacks wallet Atomic Wallet exploited, users report loss of entire portfolios

Atomic Wallet has been apparently exploited, with users on Twitter reporting complete losses of their crypto portfolios. Atomic is a noncustodial-decentralized wallet, meaning users are responsible for assets stored in the application.

06.06 / 21:20

Blockchain Hackers hacks wallet Bitcoin lazarus Atomic Wallet hacker sends crypto to mixer used by Lazarus Group: Elliptic

Illicit funds gained from the $35 million Atomic Wallet hack have been moving to a crypto mixer known to be favored by North Korea’s most notorious cyber-hacking group.

06.06 / 19:16

business Blockchain Hackers hacks wallet Decentralization Mobile Wallet Atomic Wallet says hack affected 1% of active users, but investors claim otherwise

A hack that drained $35 million from Atomic Wallet users since June 2 impacted less than 1% of its monthly active users, according to the company. In the aftermath of the attack, Atomic Wallet — along with individual blockchain investigators — have amped up efforts to track and revert stolen funds.

02.06 / 20:13

Adoption defi regulation wallet Altcoin privacy Aleo Privacy-focused Aleo blockchain gets new wallet as mainnet launch approaches

Demox Labs has debuted a new wallet for the privacy-oriented Aleo blockchain network, according to a June 1 announcement. Called “Leo,” the wallet allows users to generate zero-knowledge (ZK) proofs within their browsers, letting them interact with Aleo’s ZK-based apps. Aleo is in its testnet phase but expects to launch a mainnet later this year.

02.06 / 12:11

Ethereum NFT wallet AIM Here’s how developers aim to store crypto inside NFTs

Developers have recently published an Ethereum Improvement Proposal (EIP) introducing a new way to use nonfungible tokens (NFTs). With this system, all NFTs can have a smart contract account, allowing them to store other NFTs or crypto tokens.

31.05 / 15:19

business Blockchain wallet Web3 developer Magic raises $52M in funding led by PayPal Ventures

On May 31, San Francisco-based wallet-as-a-service (WaaS) provider Magic announced that it had successfully raised $52 million in a strategic funding round led by PayPal Ventures. The funding round also saw participation from venture firms Cherubic, Synchrony, KX, Northzone, and Volt Capital, bringing Magic's total funds raised to over $80 million.

31.05 / 13:35

business Adoption wallet Cybersecurity security Scams Bitcoin Wallet Phishing scams crypto phishing Crypto phishing scams: How users can stay protected

In the fast-paced and ever-evolving world of cryptocurrency, where digital assets are exchanged, and fortunes can be made, a lurking danger threatens the safety of both seasoned investors and newcomers alike: crypto phishing scams.

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