Wallet News

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.  

The company has raised $80 million for wallet development since its inception in 2020.
Web3 developer Magic raises $52M in funding led by PayPal Ventures
Zhiyuan Sun
A look at the different techniques employed by crypto phishing scammers and how users can stay protected.
Crypto phishing scams: How users can stay protected
Anthony Clarke
Follow up
Ledger’s “Recover” service may be concerning, but some crypto industry participants think the feature may onboard new users while helping crypto natives.
Ledger CEO says crypto key recovery service makes self-custody easier
Rachel Wolfson
Its owner acquired the tokens during Ethereum’s ICO in 2015, when each ETH was worth only 31 cents each.
Another dormant Ethereum wallet reawakens after 8 years, moving millions
Tom Mitchelhill
The approval marks the first time a digital asset custody provider has come under federal regulation as the SEC tightens custody rules.
Prometheum subsidiary receives FINRA approval for digital asset qualified custody
Derek Andersen
Bitcoin has seen around $167.47 million in NFT sales over the past 30 days, while StepN has integrated Apple Pay to remove barriers to entry to the app.
Nifty News: Bitcoin surges to 2nd-largest NFT chain, StepN integrates Apple Pay and more
Brian Quarmby
The private seed phrases of Ledger users could be shared with governments if their custodians were ordered to do so, but this is “not a real concern,” according...
Ledger CEO says ‘sharded’ wallet keys could be shared if subpoenaed
Tom Mitchelhill
Ledger’s decision to introduce a third party to your wallet seed phrase could appeal to both governments and hackers.
Users will decide if they can still trust Ledger with their seed phrases
J.W. Verret

Follow us on Facebook