Wallet Financial News
29.05 / 02:03
Blockchain
Ethereum
wallet
Ether price
Whale
Another dormant Ethereum wallet reawakens after 8 years, moving millions
An Ether (ETH) wallet that has been inactive since Ethereum’s ICO (Initial Coin Offering) in 2015, has suddenly awoken after eight years of dormancy, moving a total of 8,000 ETH in just two minutes.
25.05 / 12:03
Hack
wallet
Cybersecurity Firm Unciphered Hacks Popular Trezor T Crypto Wallet
The US-based cybersecurity firm Unciphered claims to have successfully hacked into a Trezor T hardware crypto wallet by exploiting a hardware vulnerability.
24.05 / 07:17
regulation
wallet
SEC
Wall Street
Digital Asset
FINRA
Prometheum
Prometheum subsidiary receives FINRA approval for digital asset qualified custody
Prometheum subsidiary Prometheum Ember Capital has received approval from the Financial Industry Regulatory Authority (FINRA) as a special purpose broker-dealer (SPBD) for digital asset securities. This approval allows Prometheum to custody digital asset securities on behalf of retail and institutional clients.
20.05 / 00:05
business
wallet
privacy
Cybersecurity
security
LedgerX
Bitcoin Wallet
Users will decide if they can still trust Ledger with their seed phrases
Self-custody is important in crypto, and security is essential to self-custody. Ledger, a notable hardware wallet manufacturer, has built its reputation on the secure storage of users’ private keys. Hardware wallets create a secure offline environment for storing keys and using keys to execute transactions.
19.05 / 21:33
Ethereum
Adoption
wallet
Bitcoin Wallet
Bitcoin
Self Custody
Multisignature
Ethereum users are increasingly demanding self-custody: Casa CTO
The demand for Ethereum self-custody solutions is growing, according to Jameson Lopp, co-founder and chief technology officer of Bitcoin wallet provider Casa. In a conversation with Cointelegraph at Bitcoin 2023, Lopp stated that Casa has found it necessary to provide Ethereum support due to the increased number of Ethereum users seeking the service.
19.05 / 18:07
business
Blockchain
Technology
wallet
Web3
Decentralization
Innovators
Jack Dorsey's TBD announces new Web5 toolkit
TBD, a division of fintech company Block, which is led by CEO Jack Dorsey, has announced a novel Web5 decentralized web platform at Bitcoin Miami on May 19.
19.05 / 09:15
wallet
Hardware
Ledger
Trezor
controversy
Discounts
Hardware Wallet Rivals Offer Discounts in Wake of Ledger New Product Controversy
In response to the latest controversy related to hardware wallet specialist Ledger and its new service, competitors are taking advantage of the worries expressed by some users. Among others, hardware producer Trezor hopes to capitalize on Ledger’s trouble by offering a discount to buyers.
18.05 / 22:59
business
wallet
Hardware Wallet
Ledger
Cold Storage
LedgerX
Bitcoin Wallet
Support
I run a Ledger competitor — but I support them in blow-up over keys
It’s counterintuitive for a CEO to defend a competitor, particularly when that competitor is rolling out a feature similar to one we pioneered years ago. But given the debacle around Ledger’s new “Ledger Recover” feature, it’s time to provide a balanced perspective.
18.05 / 22:01
Adoption
wallet
Cybersecurity
security
Hardware Wallet
Private Keys
Seed Phrase
controversy
Ledger clarifies how its firmware works after deleted tweet controversy
On May 18, crypto hardware wallet provider Ledger clarified how its firmware works after a controversial May 17 tweet was deleted by the company. The deleted tweet, which Ledger said was written by a customer support agent, had stated that it was “possible” for Ledger to write firmware that could extract users’ private keys.
16.05 / 18:17
Blockchain
Adoption
wallet
Social Media
identity
Power
Are we underestimating the power of digital identity?
In this era of rapidly evolving digital landscapes, digital identity has emerged as a fundamental aspect not only of online presence but even more so of digital lives. While digital identity has enabled consumers to access services, build trust, and personalized digital experiences, the true potential of digital identity reaches far beyond these conventional realms. It stands as a crucial catalyst for a significant change in financial empowerment, ushering in a transformative era of digital transactions.
16.05 / 17:23
cryptocurrency
wallet
Trading
Web3
NFTS
Metaverse
Marketplace
Time
All-in-One Web3 Trading, DeFi, P2E Gaming & Metaverse Platform Launchpad XYZ Hits Major Presale Milestone – Time to Buy?
Launchpad XYZ has an ambitious vision for the future of web3. The platform envisions constructing an all-in-one hub where users can navigate opportunities in DeFi trading, NFTs, play-to-earn gaming, and the metaverse—and it looks like it will have the resources to pull it off.
15.05 / 01:43
Adoption
wallet
Bitcoin Wallet
Bitcoin
Bitcoin Price
Bitcoin addresses holding 1 BTC or more reach one million: Glassnode
The number of Bitcoin (BTC) wallet addresses holding one whole BTC or more has surpassed the one million mark.
12.05 / 14:13
business
Adoption
wallet
Cybersecurity
security
Mobile Wallet
New tech could make crypto and Web3 wallets more convenient
The foundation of the Web3 ecosystem is the wallet, an app or browser extension that lets users verify their web identities and authorize transactions. But using a wallet has always involved a steep learning curve. New users must learn to copy down their seed words and store them in a safe place, create a strong password to encrypt their keystore file, copy addresses accurately when sending funds, and other things they may never have to learn when using a Web2 app.
11.05 / 13:07
business
Ethereum
Adoption
wallet
Cybersecurity
security
Bitcoin
New wallet uses Amazon hardware security modules to eliminate seed words
A new crypto wallet has just launched in Apple’s App Store store that uses Web2 trickery to ensure users don’t need to interact with seed phrases or passwords.
11.05 / 12:33
Blockchain
Ethereum
Adoption
wallet
interview
Podcast
Account abstraction could bring the next billion users to Ethereum: Ambire CEO
In episode 19 of Cointelegraph’s Hashing It Out podcast, Elisha Owusu Akyaw talks to Ivo Georgiev, CEO of Ethereum smart contract wallet Ambire. Georgiev explained account abstraction and how wallets can bring more people to the network.
09.05 / 21:35
Technology
Adoption
wallet
Web3
Tech
play
ChatGPT and other AIs could play a big role in driving more users to crypto
It’s no secret that bear markets are challenging. A quick scan of top projects of any past market cycle will unveil how many once-promising projects have faded into oblivion. While these cycles are often discouraging, many fail to realize that with every market downturn comes the opportunity for innovation toward a stronger future for Web3. Just look at Uniswap and OpenSea’s success to see how real the potential is for “building in a bear market” to spark new bullish cycles.
09.05 / 16:05
wallet
ChatGPT
Sam
Sam Altman's Worldcoin Introduces App for Eyeball-Scanning Crypto Project
Sam Altman’s Worldcoin project has launched a self-custodial mobile app that allows users to manage their World ID and a range of cryptocurrencies.
08.05 / 13:21
Blockchain
Ethereum
Adoption
wallet
Uniswap
Mobile Wallet
Human ID project ‘Worldcoin’ launches gas-free wallet only for humans
Worldcoin, a project to identify humans and distinguish them from artificial intelligence, has launched a gas-free crypto wallet for verified humans, according to a May 8 announcement.
05.05 / 03:33
defi
wallet
Altcoin
security
Scams
Decentralized Exchange
Smart Contracts
Rugpull
blockchain security firm
Blockchain security firm freezes $160K stolen in Merlin DEX 'rugpull'
Smart contract auditor CertiK claims to have blocked $160,000 from Merlin, a zk-Sync-based decentralized exchange (DEX) which has been the center of a rogue insider "rugpull" that lost users $1.8 million last week.
03.05 / 21:13
Stablecoin
CBDC
Adoption
wallet
Tokens
Time
moody’s
Digitalization won’t displace commercial bank money any time soon: Moody’s
Digitalization is shaping the future of money, but traditional central bank money housed in commercial banks will remain dominant, Moody’s predicted in a new report. Essentially, trust trumps efficiency, it said after surveying a wide range of emerging or potential forms of money.
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