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Pyth Token Debuts Near $500M Valuation as 90,000 Wallets Receive Airdrop
20.11.2023
Pricing oracle network Pyth has issued its native token [PYTH] with 90,000 wallets being eligible to receive the airdrop
Ethereum Exchange Outflows Exceed $1 Billion in 3 Weeks, IntoTheBlock Reports
20.11.2023
Ethereum sees significant exchange outflows as investors potentially eye long-term holds. Image by Dennis, Adobe Stock. A torrent of Ethereum has flowed out of centralized crypto exchanges and into private wallets over the past several weeks. ETH recorded $320M in exchange outflows this week,...
Bitcoin Held in Exchange Wallets Rising at Pace of $1.16B a Month, Data Show
20.11.2023
Historically, increased inflows into exchange wallets have presaged bull market pauses or price pullbacks
People’s Bank of China Tests Digital Yuan Payment Integration in Hong Kong
18.11.2023
The People’s Bank of China (PBOC) and the Hong Kong Monetary Authority (HKMA) are in the second phase of the integration tests of the digital yuan for payments and cross-border transactions in Hong Kong. This new phase includes more banks and the ability to use the Fast Payment System to...
Jupiter to Roll Out First Phase of Major Airdrop: 1 Billion JUP Tokens to Reward 955,000 Solana Wallets
17.11.2023
The decentralized exchange (dex) Jupiter has unveiled specifics regarding the distribution of the first 10% tranche of its community airdrop, encompassing 1 billion jupiter (JUP) tokens from a total pool of 10 billion. This initiative is designed to honor 955,000 distinct Solana wallets that...
Importance of cold wallets amidst rising crypto hacks
17.11.2023
Security plays a pivotal role in crypto exchanges, and the prominence of cold wallet solutions is growing as a vital tool to thwart crypto attacks. Discover what makes cold wallets more appealing for investors looking to keep their assets offline in this mini-guide. Understanding Cold Wallets...
A Major Vulnerability Found in Early Crypto Wallet Software Risks Billions in Assets
17.11.2023
A critical vulnerability in early cryptocurrency wallets, identified by cybersecurity startup Unciphered, threatens billions of dollars in digital assets. Originating from a flaw in the BitcoinJS software used for wallet generation between 2011 and 2015, this issue exposes wallets to potential...
255M Pyth Tokens to Be Airdropped to 90K Wallets Next Week
16.11.2023
The Claim Process for the Pyth Network Retrospective Airdrop will open on Monday, Nov 20 at 2 PM UTC
Bitcoin Wallets Created Before 2016 May Be Vulnerable – Billions at Risk?
15.11.2023
Source: AdobeStock / Zerbor The US-based cybersecurity firm Unciphered has warned users globally that their bitcoin (BTC) wallets created before 2016 may be in danger – as are billions in BTC. Early crypto adopters and participants in a number of blockchain platforms between 2011-2015 may...
Cybersecurity team claims up to $2.1B in crypto stored in old wallets are at risk
15.11.2023
The security firm urges those using wallets generated from 2011 to 2015 to transfer their assets to crypto wallets that were generated more recently
FTX Linked Wallets Shift $13.5M SOL as Solana Rally Takes a Breather
14.11.2023
SOL prices have risen 150% in the past month, making it the top-performing major cryptocurrency
Hackers Loot $60 Million From Ethereum Wallets With Create2 Code
13.11.2023
Source: Pixabay Hackers stole more than $60 million worth of crypto in six months from Ethereum wallets with Create2, according to on-chain sleuth ScamSniffer. On Sunday, X user ScamSniffer claimed that the hackers were taking advantage of Create2’s capability to pre-calculate contract...
Binance Client Execs Abducted and Forced to Empty Crypto Wallets, CZ Freezes Funds
13.11.2023
Source: Pixabay Executives from a client company of Binance were kidnapped to Montenegro and lured into a massive $12.5 million crypto robbery. According to Changpeng Zhao (CZ), CEO of Binance, the kidnappers lured senior staff from one of Binance’s client companies onto a ‘business trip’...
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...