Two personal crypto wallets of Jeff “Jihoz” Zirlin got compromised, allowing the hacker to walk away with $9.7 million worth of Ether.
Private Keys News
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Even if Coinbase goes bankrupt, the underlying Bitcoin of spot Bitcoin ETFs will not be commingled, 21Shares and 21.co co-founder Ophelia Snyder says.
12132User experience remains a barrier to entry for the world of Web3 and industry builders believe the solution lies in onboarding Web2 functionality.
15583To securely backup your crypto wallet private keys, create an encrypted offline copy on a hardware wallet or write them on paper.
5074Ledger emphasized that the ID checks required for its private key recovery tool are not like KYC checks as they require “much less” information.
35158The risks of cryptocurrency self-custody are real and should not be underestimated, as the private key can be stolen, destroyed or lost.
16614Explore seven methods for safely storing your private keys to ensure security of digital assets.
7141Several collapses in the past year have highlighted centralization problems, while fragmentation remains another hurdle in this nascent sector.
20161The BNB Beacon Chain mainnet is set to undergo the “ZhangHeng” hard fork around July 19, which will bring new upgrades aimed at improving security.
7412Open-sourcing crypto wallet designs offers some benefits, but there are trade-offs as well.
1677Despite facing notable criticism over the Ledger seed recovery tool, the hardware crypto wallet firm expects to launch the Ledger Recover tool in Q4 2023.
13336In the aftermath of the attack, Atomic Wallet — along with individual blockchain investigators — have amped up efforts to track and revert stolen funds.
12445Ledger’s “Recover” service may be concerning, but some crypto industry participants think the feature may onboard new users while helping crypto natives.
10645Ledger’s latest update, aimed at making private seed phrases on its wallets recoverable, was simply an attempt to innovate and improve user security.
3616Developers say third-party apps can’t access Ledger users’ keys without the device owner’s consent.
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