News
A crypto user who lost $5,000 from a hot wallet after a stay at a hotel said the real culprits were open WiFi, a casual lobby phone call and one careless wallet approval.
2013
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.
- News
Employees who left the Electric Coin Company en masse on Wednesday are launching a new Zcash wallet, citing the need to return to cypherpunk principles and to scale faster.
2163 - News
The wallet enables Rumble users to tip creators in Bitcoin and Tether-issued tokens, with MoonPay providing fiat on- and off-ramps.
2113 - News
Dfns integrated Concordium’s layer-1 blockchain to add identity-verified wallets to its WaaS platform as institutions seek compliant Web3 adoption.
1972 - News
According to SlowMist, attackers are impersonating MetaMask, aiming to steal users’ secret recovery phrases.
2614 - News
Millions of long-inactive users still hold crypto at Bithumb, highlighting how early retail capital can remain untouched for years.
3310 - News
Trust Wallet said it has identified 2,596 compromised addresses following its Christmas Day exploit as investigators work to separate real victims from false claims.
4185 - News
The malicious Trust Wallet extension has also been exporting users’ personal information, pointing to potential insider activity, according to cybersecurity company SlowMist.
7330 - New Year Special
Quantum computing won’t break Bitcoin in 2026, but the growing practice of “harvest now, decrypt later” is pushing the crypto industry to prepare sooner rather than later.
7432 - News
Some Polymarket users reported that their accounts had been breached and drained, which the prediction market blamed on a third-party provider.
4262 - Recap
Ice Open Network CEO Alexandru Iulian Florea explained how ION’s new social app Online+ works while explaining why ICE is migrating to ION.
37733 - News
Kaspersky found a new malware, dubbed Stealka, that disguises itself as game mods and pirated software to steal crypto wallets, passwords, and browser data.
2568 - News
Forensic analysis suggests an attacker took control of a whale’s multisig wallet minutes after creation and has been slowly draining funds since.
2815 - News
The rollout provides Telegram users with access to tokenized US stocks via a self-custodial wallet, but it will not be available in the US at launch.
2220 - News
Vitalik Buterin says Ethereum needs to boost the number of people who can understand the entire blockchain, and it can “get better at this by making the protocol simpler.”
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