New features aimed at protecting users come amid recent crypto thefts and phishing attacks targeted at well-known crypto executives and influencers.
In the digital world, a wallet, sometimes called an e wallet, serves as a place in which people store cryptocurrencies. A Bitcoin wallet stores a holder’s Bitcoin (BTC), sent to that crypto wallet by the user or another party. In turn, an Ethereum wallet stores Ether (ETH).
A cryptocurrency wallet typically comes in a number of forms, such as software and hardware wallets. A Ledger wallet and Trezor wallet are two examples of hardware wallets. Each hardware wallet device can typically store a number of different assets, each with its own address and section in the corresponding wallet app or interface, rather than requiring a user to buy an individual Litecoin wallet, Ripple wallet or other wallet device for each and every asset they wish to store.
Some software wallets can also hold numerous different asset types, while others work with just one type. The area of crypto wallets includes a plethora of other details and information, such as the difference between hot and cold wallets, as well as other key topics.
Most of the funds stolen were from a single wallet, with $751,321.80 in USDC drained from the malicious link.10818
To start mining Bitcoin at home, one needs to obtain a Bitcoin wallet and a mining rig, install the Bitcoin mining software, and join a mining pool.13545
Among the nonfungible tokens (NFTs) stolen from the PROOF co-founder were 25 Chromie Squiggles and one Autoglyph NFT.13072
Binance previously said the firm’s corporate holdings are recorded in separate accounts and should not form part of the proof-of-reserves calculations.4921
A hierarchical deterministic wallet uses a single seed to create an infinite number of addresses, allowing users to recover funds using a master key.7
1inch Networks’ upcoming hardware wallet has no direct connection to the internet and doesn’t require any wired connection.8509
Tune into Cointelegraph’s latest AMA with Web3 Antivirus on January 18th.5590
The Thai securities regulator now requires crypto custodians to have a contingency plan in case of unforeseen events.20076
A sponsored advertising link on Google hid malware that siphoned thousands of dollars worth of crypto and NFTs from an influencer’s wallet.21226
Avalanche users can enjoy Ethereum Web3 and DeFi applications by connecting the network to MetaMask. Here’s a step-by-step guide to doing it.4576
The scammers will use wallet addresses generated from vanity address generators and match the first and last characters of their victim’s wallet address.18565
Multiparty computation can help users to protect their private keys and seed phrases when used in wallets.2171
Crypto lawyers suggest including highly detailed instructions in one’s will and appointing a crypto-savvy next-of-kin, among other suggestions.10405
The company says it wants to make it easier for users to engage with Web3 and use digital wallets.2703