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Binance Client Executives Kidnapped, Forced to Empty Crypto Wallets — CZ Says Total Loss Was $12.5 Million
13.11.2023
Binance CEO Changpeng Zhao (CZ) has shared a story of how executives of a Binance client were abducted and forced to empty their crypto wallets. CZ detailed how the cryptocurrency exchange was able to track the transactions and freeze over 94% of the stolen funds. CZ Shares Story of How Binance...
Number of Bitcoin millionaire wallets triples in 2023
13.11.2023
Over 81,000 wallet addresses now hold $1 million or more worth of Bitcoin
Binance Launches Web3 Wallet to ‘Lower the Barrier’ for Self Custody
10.11.2023
Binance has announced the launch of a new “self-custody” Web3 wallet aimed at simplifying the user experience and protecting user funds when using decentralized apps. The wallet features multi-party computation (MPC) tech, which Binance alleges allows users to manage the wallet without...
Poloniex Hit by $114 Million Hot Wallet Heist; Justin Sun Pledges to Recover Funds
10.11.2023
Onchain data and reports have highlighted unusual outflows from cryptocurrency exchange Poloniex, prompting concerns of a possible hot wallet breach worth approximately $114 million. Justin Sun, the exchange’s proprietor and Tron’s creator, has stated that the incident is under...
Poloniex Hot Wallets Hacked With $114M Seemingly Stolen: On-Chain Data
10.11.2023
Cryptocurrency exchange Poloniex has had its hot wallets drained by hackers with an estimated loss of around $60 million
Senator Introduces ‘Keep Your Coins Act’ to Protect Right to Use Self-Hosted Wallets
10.11.2023
The Keep Your Coins Act has been introduced in the Senate to allow individuals to maintain custody of their cryptocurrencies in self-hosted wallets. The bill also seeks to prohibit federal agencies from “proposing a rule that would impair a person’s ability to act as a self-custodian...
Trust Wallet’s WaaS lets businesses explore Web3’s potential
9.11.2023
Businesses looking to leverage the potential of the Web3 sphere will soon have access to Trust Wallet WaaS. The idea is to allow businesses to onboard customers to Web3 and offer them expanded offerings with decentralized solutions. This is available for customers who hail from different...
Senator Ted Budd Proposes Keep Your Coins Act Following SBF’s Conviction
8.11.2023
Senator Ted Budd (R-NC) introduced a bill yesterday that would see crypto users’ assets kept in self-hosted wallets in hopes of mitigating third-party risk. Self-hosted wallets The bill, appropriately titled the “Keep Your Coins Act,” was formally introduced by Budd in the Senate on November...
US CFPB proposes supervising digital app providers, including crypto wallets
7.11.2023
The proposal would affect retail transactions carried out from crypto wallets, but not crypto trading
November Marks Rare Awakening of 2 Vintage 2010 Bitcoin Wallets Valued at $3.4 Million
7.11.2023
Bitcoin has surged over 24% against the U.S. dollar this month, and on November 7, 2023, an intriguing event took place: two dormant bitcoin addresses from 2010 were activated and transferred roughly 100 BTC, valued at $3.4 million according to the current bitcoin exchange rates. While 100 BTC...
Bitcoin Wallets Holding Over $1K Surge to 8M, Setting New Record
6.11.2023
According to current data from Blockware Solutions and Glassnode, the number of Bitcoin wallets with balances exceeding $1,000 has reached a new high. Data analysis reveals that the number of such wallets has reached 8 million, signaling a potential shift in investor behavior and hinting at...
Pyth Network’s Token Airdrop Program Includes 75,000+ Eligible Wallets – Here’s How to Check Eligibility
2.11.2023
Pyth Network – a popular blockchain oracle provider – has announced plans for a “retrospective token airdrop” to community members who have contributed to its network. The airdrop will distribute 6% of the total supply of the network’s governance token, PYTH,...
Satoshi-era Bitcoin Whales Transfer $230 Million Worth Of Assets- Here’s What You Need To Know
2.11.2023
Three Satoshi-era Bitcoin wallets have transferred about $230 million worth of assets to new addresses after almost six years in the dark. On-chain data from BitInfoCharts on Nov 2 show three Bitcoin (BTC) whales moved 6,500 BTC sparking trading concerns among the crypto community as this year...
3 Satoshi Era Bitcoin wallets transfer $230M in BTC after 6-year dormancy
2.11.2023
Over the course of 2023, several Satoshi-era Bitcoin wallets have risen from dormancy to transfer their BTC to a new address
Worldcoin’s World App Hits 1M MAU Six Months After Launch
1.11.2023
Six weeks after its launch, Worldcoin’s crypto wallet app, the World App, has reached over one million active users (MAUs) and achieved over four million downloads. World App has topped 4 million downloads in 6 months, making it one of the most popular hot wallets in the world....
Millions in Altcoins Sent from FTX and Alameda Research Wallets to Exchanges
1.11.2023
Crypto wallets associated with the now-defunct crypto exchange FTX and its sister company Alameda Research have moved a significant amount of altcoins, sending a total of $13.1 million to various crypto exchanges overnight, on November 1. Data provided by the on-chain analysis firm Spotonchain...
FTX, Alameda Wallets Move More Than $13 Million in Crypto to Exchanges: Spotonchain
1.11.2023
Just over $13 million in crypto were moved to Binance and Coinbase overnight, data from Spotonchain show
Web3 Protocol WalletConnect Halts Services in Russia, Following US Treasury Guidelines
1.11.2023
Web3 platform WalletConnect, which links cryptocurrency wallets, has restricted its services in Russia, in light of the latest US Guidelines. The US Treasury’s Office of Foreign Assets Control (OFAC) unveiled sanctions in Russia and a few parts of Ukraine. The restrictions came into effect...
Cubist, Led by Computer Science Professors, Releases Wallet-as-a-Service 'CubeSigner'
1.11.2023
According to CEO Riad Wahby, who's an assistant professor of electrical and computer engineering at Carnegie Mellon, the new wallet will be "a hundred times faster" than competing products
Metamask and Blockaid Unite to Fortify Web3 Security With Security Alerts
1.11.2023
In a recent development, Metamask, a self-custody Web3 platform developed by Consensys, has partnered with Blockaid, a Web3 security provider. The collaboration aims to integrate security alerts within the Metamask extension in order to enhance the platform’s security features. Metamask...