Coinbase says it helped the US Secret Service seize $225 million in crypto allegedly stolen by scammers, the largest crypto seizure in the agency’s history.
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.
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Kaspersky says the malware SparkKitty has been around since at least early 2024, and is likely connected to a similar type of malicious software dubbed SparkCat.
11422 - News
Anchorage Digital is expanding its Porto wallet with Uniswap integration, giving institutions direct access to DeFi swaps and liquidity.
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Trezor warned of ongoing phishing attempts exploiting its support contact form.
3831 - Spotlight
An onchain gifting model ties emotion to value, lowers onboarding barriers with gasless claims and turns token transfers into shared social moments that tighten community bonds.
10154 - Opinion
Intents overhaul crypto's clunky user experience by letting people state what they want while the system handles the complexity behind the scenes. This outcome-driven approach opens the door to mainstream adoption and agent-driven financial automation.
1692 - Defined
How do crypto scammers exploit trust, greed and sophisticated techniques to drain assets? And what measures can be taken to strengthen defenses in the digital asset space?
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A leak of 16 billion passwords from services including Apple, Google and Facebook poses serious risks for crypto holders.
24650 - How to
Discover how to mine Bitcoin at home in 2025 using the latest ASIC hardware, optimized mining software, low-cost electricity setups and secure wallets to maximize efficiency and profitability.
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SlowMist’s chief information security officer said it’s important not to “gamble your entire fortune on a wallet that’s a few hundred bucks cheaper.”
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Crypto analytics firm Santiment found that Ether whales boosted their ETH holdings by 3.72% while retail investors have been banking profits.
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The crypto trader was reportedly forced into a stolen vehicle by four assailants as part of a 50,000 euro kidnapping plot.
17175 - News
The acquisition of Privy follows Stripe’s entry into the stablecoin market in 2024.
4931 - Opinion
While headlines proclaim the NFT market’s demise, NFTs are quietly shifting from speculative assets to essential digital infrastructure. NFTs are moving beyond speculation to underpin gaming, AI and Web3.
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Digital asset infrastructure companies have seen more attention in recent years, with some fundraises in the hundreds of millions of dollars.
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