In the realm of decentralized finance, choosing a wallet that is both secure and versatile is paramount for managing digital assets effectively. Among a sea of choices, several wallets distinguish themselves by providing standout benefits. Plus Wallet offers an unlimited rewards system, whereas Phantom Wallet facilitates a broad array of DeFi activities on Solana. Conversely, […]
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4 Premier iOS Crypto Wallets of 2024: How to Earn, Trade, & Secure Your Assets
As digital finance takes off, the importance of a superior crypto wallet is undeniable. iOS users now have access to an impressive lineup of wallets, each designed to meet specific needs—from solid security and lucrative rewards to effortless Web3 integration and interfaces perfect for beginners. This guide delves into four standout crypto wallets: Plus Wallet, […]
Shiba Inu: Tangem Wallet Speeds Up Shibarium Merge
Tangem, a Shiba Inu wallet provider, has begun the process of integrating the Shibarium Network and aims to wrap it up by the end of February. With this, users can take advantage of the layer 2’s speedy and affordable transactions, along with the opportunity to hold Shibarium tokens. The crypto hardware wallet firm first teamed […]
Over $60 Million Moves From FTX & Alameda Wallets As Founder’s Trial Unfolds
A significant amount of crypto funds have been reported to move out of wallets associated with FTX and Alameda, adding to the $8.6 million initially observed flowing from these wallets to Binance earlier in the week. The movement of these digital assets has caught the attention of the cryptocurrency community and raised questions about the […]
Crypto Cold Storage Surge: Bitcoin Investors Go Offline Amid Market Turbulence
A recent significant shift in Bitcoin storage practices has caught the attention of analysts. Crypto Rover, a prominent cryptocurrency analyst, recently took to Twitter to highlight a noteworthy trend: Bitcoin is being withdrawn from exchanges and moved into cold storage at an unprecedented rate. The shift towards self-custody of BTC signifies a growing preference among […]
Bitrue Exchange’s Hot Wallets Breached; Estimated Loss Over $22M
Crypto exchange Bitrue came under a brief exploit that targeted one of its hot wallets on 07:18 [UTC], 14 April 2023. During the onslaught, the unknown attackers made off with assets valued at around 23 million USD in the following currencies: ETH, QNT, GALA, SHIB, HOT, and MATIC. According to leading blockchain expert PeckShield, Bitrue […]
Ethereum Co-Founder’s Take On Multi-Sig & Social Recovery Wallets
Vitalik Buterin, the co-founder of Ethereum, recently took to his Twitter account to share his thoughts on the use of multi-sig and social recovery wallets. In his post, Buterin outlined the benefits and drawbacks of each type of wallet and offered suggestions on how to choose the right guardians for them. According to Buterin, he […]
Jed McCaleb’s Ripple (XRP) Wallet Hits Zero Finally
Jed McCaleb, the former creator of Ripple Labs, has finally stopped selling off all of his Ripple (XRP) assets after eight years, and now only has 46.7 XRP in his infamous “tacostand” wallet. The former creator of Ripple sent out his final payment of 1.1 million XRP, valued at $394,742.18, at 6:31 AM UTC on […]
Defiance Capital Founder Arthur Falls Victim to a Hot Wallet Hack Losing More Than $1.6M
Arthur Cheong, the founder of DeFiance Capital, was recently the target of a hot wallet assault. A total of $1.6 million in crypto and NFTs was lost due to the breach. The crypto community has rallied to Arthur’s aid, supporting him in recovering his funds. The community also asked that the hacker’s wallet be blocked. […]
Cryptocurrency Exchange Bilaxy Suffers Fund Losses as Hackers Attack Hot Wallet
On Monday, the digital asset world woke up to the news of cryptocurrency exchange Bilaxy being hacked. Sources close to the exchange revealed that the hacker stole the funds by exploiting a bug in Bilaxy’s ERC-20 hot wallet. The exchange announced the details of the hack via a Telegram post early Monday morning. During the […]