News
MetaMask will expand from Ethereum Virtual Machine chains for the first time in May when it will add support for Solana, while Bitcoin will also be integrated in the third quarter.
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Wallet News
In the digital world, a wallet, or e-wallet, is where people store cryptocurrencies. A Bitcoin wallet stores a holder’s Bitcoin (BTC), which is sent to that crypto wallet by the user or another party.
There are many different types of cryptocurrency wallets, each catering to different user needs and preferences. Software wallets, including desktop, mobile and web wallets, offer convenience as they are accessible across devices. They are user-friendly but vulnerable to malware and hacking attacks. Hardware wallets, on the other hand, are physical devices that store cryptocurrency offline, providing enhanced security by keeping assets isolated from internet threats. While hardware wallets offer robust protection, they can be expensive and are susceptible to physical damage or loss.
Paper wallets involve printing private keys and addresses on paper, keeping them offline. They offer heightened security, but if the paper is lost or damaged, access to funds is irretrievable. Additionally, online wallets, often provided by exchanges, offer ease of use but pose higher security risks due to their susceptibility to cyberattacks.
Securing wallets involves encryption, two-factor authentication and backup mechanisms. Users must weigh the advantages of accessibility against the disadvantages of potential vulnerabilities, choosing a wallet type that aligns with their security requirements and usage preferences.
- Breaking news
According to Cyvers Alerts, Mask Network founder Suji Yan’s account is suspected of being hacked as a suspicious address received almost $4 million worth of cryptocurrency.
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The complex onboarding process is a major hurdle for reaching the first billion crypto users, industry watchers told Cointelegraph.
3474 - News
Kaspersky found that at least one victim lost 5 Bitcoin, worth around $442,000, to a malware-riddled fake project in November.
14464 - How to
In Canada, you can buy Bitcoin on centralized exchanges, decentralized exchanges, Bitcoin ATMs and other options. You can also buy Bitcoin ETFs.
968 - Spotlight
The one-stop wallet boasts advanced security features and a user-friendly mobile app.
21499 - Market Analysis
Ether price is down nearly 6% even though Bybit has been buying in bulk. Cointelegraph explains why.
12042 - News
Abstract devs said the wallet drain was “not a global AGW issue” but isolated to a specific application, a potential breach in the Abstract-based game Cardex.
1974 - News
A Bitcoin analyst says he has moved his self-custodied Bitcoin into spot Bitcoin ETFs to give himself “peace of mind” by not having to deal with the hassle of having his own private keys.
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Although USDT on-ramps are now free on Wallet, withdrawal fees can still be as high as 3.5 USDT.
3729 - News
Ethereum devs have agreed to deploy future hard forks in quicker succession as part of a broader move to accelerate Ethereum’s roadmap.
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Tether has invested in Zengo Wallet to boost self-custody features as USDt faces regulatory pressure in the EU.
5408 - How to
Learn how to set up and use a Phantom wallet, including downloading the extension, creating an account, securing your keys and more.
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Following the acquisition, Holonym plans to offer its rebranded Human Passport to users worldwide.
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Scammers have been connecting to Phantom wallets in an attempt to lure users with a fake update extension signature request.
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