The wallet received a $30 million controlling-stake investment by crypto exchange Bitget in March 2023 and rebranded shortly after.
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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Utila, Synnax, Sahara, TON Foundation, UXLINK, and TEN are among the startups securing funding in the first half of March.
15568Approximately $700 in satoshis were sent to El Salvador’s new “Bitcoin piggy bank” across dozens of donations.
24248Wallet APIs enable users to quickly locate ERC-20 tokens by wallet address. Chainbase, Alchemy and Moralis provide APIs to get token-related information.
1050Coinbase Wallet integrated Blockaid’s transaction simulation and validation five months ago to better protect users from bad actors.
14539Discover how to enhance cryptocurrency security by migrating digital assets from an exchange like Coinbase to a Ledger Nano X hardware wallet.
2333On-chain Bitcoin whales have had a slow return despite Bitcoin surpassing its previous all-time high.
6026Developed by an established crypto trading platform, this fiat on-ramp aims to seamlessly bridge traditional finance with the DeFi world, serving as a simple and cost-effective gateway to Web3.
22869A new project aims to address the scalability issues of crypto debit cards to increase crypto adoption.
21721Find out how to set up CEX, DEX and hardware Ethereum wallets that are essential for efficiently traversing the cryptocurrency ecosystem.
945From choosing a secure exchange to setting up DeFi protocols security, security sages have shared their top tips so you can keep crypto from falling into the wrong hands.
9085The crypto exchange is expanding its wallet-as-a-service offerings, addressing developers’ pain points when building Web3 applications.
5663"No more pop-ups. No more transaction windows," developers wrote.
3231Two personal crypto wallets of Jeff “Jihoz” Zirlin got compromised, allowing the hacker to walk away with $9.7 million worth of Ether.
8323The malicious app was still on Apple’s App Store four days after its users first discovered and flagged it.
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