Wallet Financial News
31.03 / 10:13
wallet
Investment
Ledger
Crypto Wallet Maker Ledger Raises $109 Million in Latest Funding Round – Is the Bull Market Back?
Major crypto wallet maker Ledger announced its Series C funding round, raising $108.8 million.
30.03 / 17:53
business
Adoption
wallet
Hardware Wallet
Ledger
Cold Storage
Crypto wallet provider Ledger raises $109M as demand for self-custody soars
Hardware wallet provider Ledger has raised 100 million euros ($109 million) in a Series C funding round extension, placing its valuation at 1.3 billion euros ($1.4 billion), in line with its previous funding in June 2021, Bloomberg reported on March 30. The funding is the first of three investment rounds.
29.03 / 10:47
business
Blockchain
hacks
wallet
compensation
Exploit
BitKeep completes compensation for $8M APK exploit, announces rebranding
On March 29, multichain wallet BitKeep announced that it had fully compensated users affected by the 7.2.9. Android Package Kit (APK) exploit that took place on Dec. 26, 2022. On the day of the incident, the 7.2.9. APK update for BitKeep was maliciously swapped by hackers, resulting in an estimated $8 million loss of funds from users who downloaded the malware.
29.03 / 05:45
23.03 / 19:15
Blockchain
Ethereum
defi
VISA
wallet
Gaming
DApp
Today in Crypto: Bitpanda Partners with Visa, Near Joins Hands with WEMADE, Ethereum-based Decentralized RPC Goes Live
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________
22.03 / 16:41
business
Blockchain
wallet
Multichain
valuation
Multichain wallet BitKeep raises $30M at $300M valuation
On Mar. 22, cryptocurrency derivatives exchange Bitget announced a $30 million investment into multi-chain wallet BitKeep at a $300 million valuation. The deal will see Bitget become the controlling shareholder of BitKeep and allow the latter to "access to the exchange's proven technology and security capabilities in the exchange domain, thus helping it improve the stability and security of its services." Gracy Chen, managing director at Bitget, commented:
21.03 / 11:59
business
Adoption
wallet
MetaMask
Self Custody
MetaMask enables direct crypto purchases in Nigeria
Self-custody cryptocurrency purchases are becoming easier in Nigeria as major crypto wallet MetaMask expands direct onramps with local banks.
18.03 / 09:29
Blockchain
wallet
Hardware Wallet
Self Custody
safe
Diversified set of guardians required for safe self-custody: Vitalik Buterin
Ethereum co-founder Vitalik Buterin has emphasized the importance of having a varied set of “guardians” to maximize the safety of crypto asset self-custody via multisig and social recovery wallets.
18.03 / 04:37
business
Microsoft
wallet
Web3
Bitcoin Wallet
testing
Microsoft reportedly testing Edge browser web3 wallet integration
Microsoft is reportedly working on integrating a crypto and nonfungible token (NFT) friendly Web3 wallet into its Edge web browser.
16.03 / 17:03
CBDC
regulation
wallet
Europe
European Union
European Parliament votes to form final law on EU digital wallet
European lawmakers are moving forward with the introduction of a European Union-wide digital wallet by passing a plenary vote on moving the initiative to interinstitutional negotiations.
15.03 / 00:57
Blockchain
Ethereum
Adoption
NFT
defi
wallet
Mobile Wallet
Features
Metamask addresses privacy concerns with new features for enhanced control
Web3 wallet app Metamask has introduced a number of new features aimed at enhancing privacy and giving users more control, according to a March 14 blog post by the developer. The new features come after Metamask had previously been criticized for allegedly intruding on users’ privacy.
14.03 / 18:23
NFT
wallet
Bitcoin
How to create and sell Bitcoin NFTs
Bitcoin nonfungible tokens (NFTs) have captured the crypto world’s attention fast, opening new opportunities for the oldest blockchain and digital art enthusiasts. Since their explosion in 2020, NFTs have been typically minted and traded on Ethereum-based platforms, besides other blockchains, such as Cardano and Solana.
14.03 / 15:19
business
Stablecoin
regulation
wallet
FTX
FTX-related stablecoins on the move: $145M transferred to crypto exchanges
Amid multiple ongoing investigations, FTX continues to move funds. Addresses related to the failed crypto exchange reportedly transferred around $145 million in stablecoins to various platforms.
14.03 / 15:19
Blockchain
wallet
security
Cold Storage
How a new cold wallet model may solve the mnemonic phrase dilemma
Part of the fear that first-time users experience when using cryptocurrencies is the security of their assets. Unlike fiat currency, which can be stored in a physical wallet, digital currencies must be held in the lesser-known digital wallet. What’s more, with the growing adoption of blockchain technologies, hackers are finding digital wallets an increasingly appealing target. Unfortunately, when it comes to security, cryptocurrency users must learn not only how to protect their assets, but also ensure that their passwords and mnemonic phrases aren’t lost or stolen.
14.03 / 06:55
business
Blockchain
Binance
wallet
banking
partnership
Debit Cards
Binance to lose its GBP on-and-off ramp provider in 9 weeks
Binance is scrambling to find a new service partner to process British Pound (GBP) transfers on its trading platform after its current partner, Skrill Limited announced it will soon cease providing services to the crypto exchange.
10.03 / 13:29
MARKET
wallet
Exchange
Investment
Blockchain.com
Blockchain.com Announces Closure of Crypto Asset Management Arm in London Following Market Challenges
Major crypto platform Blockchain.com is closing its London-based crypto asset management arm less than a year after its launch.
09.03 / 17:15
regulation
wallet
Decentralized Exchange
Taxes
Bitcoin Regulation
CoinTracker integrates with H&R Block to offer crypto tax preparation
Crypto tax software provider CoinTracker is integrating its software with H&R Block, a company that helps millions of customers prepare their income taxes across Canada, the United States and Australia.
09.03 / 17:15
business
Blockchain
Mining
wallet
NVIDIA
GPU
Trezor crypto wallet's move into the semiconductor business isn't for everyone
Crypto wallet maker Trezor recently decided to start manufacturing its own hardware wallet chips to respond quickly to demand-triggering events like the FTX collapse.
09.03 / 16:49
Blockchain
Adoption
wallet
Web3
Africa
Web 2.0
Self-Custody Wallet
Web3 platform partners with self-custody wallet to broaden crypto adoption in Africa
Cassava Network, an African Web3 platform focused on NFTs, gaming and loyalty rewards, has launched the third version of its platform, featuring an integration with non-custodial smart contract wallet Unipass to lets users use email addresses instead of seed phrase and gas.
09.03 / 16:43
Ethereum
defi
wallet
Cybersecurity
security
Multisig
Multisig wallets vulnerable to exploitation by Starknet apps, says developer Safeheron
Certain multisignature (multisig) wallets can be exploited by Web3 apps that use the Starknet protocol, according to a March 9 press release provided to Cointelegraph by Multi-Party Computation (MPC) wallet developer Safeheron. The vulnerability affects MPC wallets that interact with Starknet apps such as dYdX. According to the press release, Safeheron is working with app developers to patch the vulnerability.
08.03 / 17:29
business
wallet
coinbase
businesses
Coinbase launches wallet-as-a-service for businesses
Crypto exchange Coinbase has launched a new business solution for enterprises looking to offer Web3 wallets to their customers — a move it says will help streamline the adoption of Web3 products and services.
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