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Keychainx CEO Says Advanced AI and Nvidia GPUs Assisted in Recovering 120 BTC
8.4.2024
According to the CEO of Keychainx, new wallet features and security upgrades, such as 25-word passphrases, Shamir secrets, and two-factor authentication (2FA) for Electrum wallets, can decrease the likelihood of recovery if access is lost. The CEO stated that advanced artificial intelligence (AI)...
Must Bitcoin ‘Drop Ideals’ of Decentralization to Achieve Mass Adoption?
3.4.2024
Key management is crucial to Bitcoin maintaining decentralization. But, as hacks and exploits have grown in number, the dream of self-custody has become more difficult to maintain
Security Vulnerability in Apple’s M-Series Chips Puts Mac Users’ Crypto Private Keys at Risk
22.3.2024
Researchers have uncovered a significant security vulnerability in Apple's M-series chips, raising concerns about the safety of crypto private keys stored on Mac computers.
The post Security Vulnerability in Apple’s M-Series Chips Puts Mac Users’ Crypto Private Keys at Risk appeared...
Uphold Warns Of Fake Phishing Scam Seeking Customers’ Private Keys
28.2.2024
Crypto exchange Uphold has warned customers that fake emails from scammers posing as the company is trying to fleece users of the keys to their Bitcoin wallets.
The post Uphold Warns Of Fake Phishing Scam Seeking Customers’ Private Keys appeared first on Cryptonews
Craig Wright Admits Destroying Satoshi’s Hard Drives While Under Influence of ‘Sedatives’
15.2.2024
Self-proclaimed Bitcoin creator Craig Wright admitted to destroying the hard drives containing his private keys on February 15. According to Wright, he did this under the influence. Giving reasons behind this misstep, Craig Wright stated that he came back from the hospital and was ‘sedated’ as...
Crypto for Advisors: Unlocking Crypto Custody
25.1.2024
As a financial advisor, it is crucial to understand that there is no one-size-fits-all approach to crypto custody. Instead, the most suitable solution depends on your client’s specific needs, goals, and risk appetite
XCAD Network launches SocialFi app
20.12.2023
‘Influencers like Mr Beast & KSI Back project allowing Influencers to issue ‘private keys’ With some saying a ‘confirmed’ bull-market as Bitcoin crossed over $40,000 for the first time since last year, trends like Socialfi seem to continue to keep growing. Although some...
How to backup your crypto wallet private keys
17.11.2023
To securely backup your crypto wallet private keys, create an encrypted offline copy on a hardware wallet or write them on paper
Founder of Estonia's LHV Bank Lost Access to $472M of Ether
8.11.2023
"It's no secret that I have a wallet with 250,000 Ethereum units," Lõhmus said in an interview with Estonian national radio channel Vikerraadio in late October
Zero-Knowledge WaaS a Prospective Standard Configuration for Web3 Application-Layer Products — Pengyu Wang
26.10.2023
According to Pengyu Wang, the founder of Particle Network, developer solutions known as zero-knowledge wallet-as-a-service (ZK-WaaS) embody Web3 principles and “are highly performant” which in turn makes them “an evergreen solution that will become the industry...
Ledger hardware wallet rolls out cloud-based private key recovery tool
24.10.2023
Ledger emphasized that the ID checks required for its private key recovery tool are not like KYC checks as they require “much less” information
Non-Regulation of Web3 Space Making ‘Mainstream Adoption Harder’ Says AGG’s Jack Vinijtrongjit
29.9.2023
According to Jack Vinijtrongjit, the co-founder and CEO of the Web3 infrastructure company AAG, more prospective users will be drawn to decentralized finance (defi) and non-fungible tokens (NFTs) if tools that help them avoid falling prey to scammers are developed and deployed. Vinijtrongjit argued...
CoinEx hack - compromised private keys led to $70M theft
19.9.2023
CoinEx confirms that compromised private keys gave hackers access to hot wallets, leading to $70 million hack
Brazilian crypto streamer loses $50K by accidentally exposing private key
1.9.2023
The risks of cryptocurrency self-custody are real and should not be underestimated as the private key can be stolen, destructed or lost
7 ways to safely store your private keys
16.8.2023
Explore seven methods for safely storing your private keys to ensure security of digital assets
Dormant Since 2010, Bitcoin Address Awakens to Move 1,005 BTC Worth $29.7 Million
14.8.2023
On the morning of Monday, August 14, 2023, at the precise block height of 803,135, a dormant bitcoin address — created on November 9, 2010 — stirred to life. After lying in slumber for an exacting 12.9 years, it awoke to spend a staggering 1,005 bitcoin, a sum swelling to...
New Tool Allows Bitcoin Holders to Store Private Keys as Colors
12.7.2023
One of the challenges crypto investors face is the issue of asset loss. Sometimes, scammers steal users’ assets when they access their private keys.
Other times, the government can seize an investor's crypto assets when flagging them for illegal transactions or other cases unrelated to crypto. ...
Web3 Industry Losses Topped $656 Million in H1 of 2023 — Study
5.7.2023
Hackers stole about $471 million in the first six months of 2023 and the theft of $197 million from Euler Finance in March was the single biggest hacking incident in the period, the latest Beosin Web3 report has shown. Contract vulnerability was the most common (60) type of attack during the period...
Ledger releases white paper for hardware wallet seed recovery tool
21.6.2023
Despite facing notable criticism over the Ledger seed recovery tool, the hardware crypto wallet firm expects to launch the Ledger Recover tool in Q4 2023
More Crypto Holders Now Realize the Importance of Having an Inheritance Plan — Venket Naga, Serenity Shield CEO
6.6.2023
According to Venket Naga, the CEO of Serenity Shield — a privacy-preserving decentralized application — many of today’s crypto holders understand the importance of not just protecting and preserving their assets but the ability “to pass them on in case of unexpected events.”...