With major exchanges suffering outages and hacks, and some abruptly suspending withdrawals, are wallet platforms a more compelling alternative?
A cryptocurrency wallet is a type of software, hardware or service that allows a user to store private and public keys that are used for exchanging cryptocurrency for various goods and services, including other cryptocurrencies. Personal crypto wallets are popular, as they have more protection than wallets that are offered by cryptocurrency exchanges. Some blockchain projects make their own e-wallets. For example, The Ethereum project has its own crypto wallet that is also used as a gateway to the Ethereum blockchain and to DApps. Some cryptocurrencies haven’t published their own wallets and are stored on the wallets made by third parties. Those projects are mostly open-source and that allows users to make their own wallets. For example, Ripple and Bitcoin wallets are made by third parties. Hardware wallets are the most robust way of storing cryptocurrency, as they are immune to the majority of malware that steal crypto from software wallets.
A French project says it is creating a “paradigm shift” in the security of our personal information through the launch of cutting-edge decentralized identifiers.8355
Crypto-native web browser Brave has unveiled plans for a new wallet boasting an integrated DEX aggregator and NFT functionality.13128
Take a look at a few crypto transactions that came with unnecessarily high fees.49615
Three and a half years after the activation of SegWit, adoption of the space-saving transaction format is still far from ideal.10393
After launching a crypto debit card in the U.S., Uphold is planning to roll out a multi-asset crypto card in Europe in April 2021.6519
IOVLabs wants to improve on Ethereum's meta-transaction adoption.4060
The fake Trezor app has been downloaded by at least 1,000 people on the Android’s app store Google Play.9221
With Bitcoin’s price clocking $40,000 recently, safe and secure measures for storing the valuable digital asset are once again on the agenda.27442
Ripple's woes multiply as Blockchain.com becomes the latest exchange to suspend trading of XRP.21955
The venture capital firm has taken issue with U.S. regulators latest move against crypto.7364
The crypto space needs your help to impact the outcome of the United States’ Treasury’s crypto wallet proposal.21969
Ledger wallet users face mounting home invasion and other scareware threats as hacker dumps private customer information online.19952
Many have called the long-rumored rules an existential threat to peer-to-peer transactions.46564
Rumored upcoming crypto wallet regulation gains further opposition, this time from Cynthia Lummis, a recently elected Wyoming senator.23608