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IBM Unveils New Cold Storage Technology for Enhanced Crypto Asset Security


Source: DALL·E IBM has announced the release of latest technology designed to enhance the security of cold storage for digital assets, aiming to revolutionize the way cryptos are managed and protected. The IBM Hyper Protect Offline Signing Orchestrator (OSO) is specifically developed to overcome...

Binance Backed Crypto Wallet Firm Web3Auth, and Safe Launch SafeAuth


Source: PexelsWeb3Auth, a wallet-as-a-service infrastructure provider has teamed up with the smart contract-based multi-signature crypto wallet provider Safe (formerly known as Gnosis Safe) to launch “SafeAuth” a service which allows users to create wallets quickly without the need for seed...

Hacker Drains Over $2 Million from Safe Wallet- What’s Going On?


Source: Pixabay A malicious actor has stolen over $2 million from Safe Wallet users in the past week through address poisoning theft raising the total victim count to 21.  Several blockchain security firms have tracked suspected activity from different transactions resulting in losses from Safe...

Trust Wallet and Alchemy Pay Partner for Seamless Crypto Ramp Solutions


PRESS RELEASE. Alchemy Pay, the leading fiat-crypto payment solution provider, has announced a new partnership with Trust Wallet, the leading self-custody and mutichain wallet with over 70 million users, enabling users to easily buy and sell crypto with multiple fiat payments within Trust Wallet...

Avalanche is phasing out its Web Wallet effective November 30


Avalanche has announced that it will be phasing out its Web Wallet on November 30, 2023. The aim is to transition to Core Stake. The development largely affects stakers on the network, who have been assured that their stakeholder needs will remain the same except for a few upgrades that they...

Bitcoin User Alleges Hack Linked to Erroneous 83.65 BTC Fee Incident


The crypto community was initially baffled by the massive fee of 83.65 BTC, originally attributed to a costly mistake. However, recent revelations paint a darker picture. According to a social media account on X called “@83_5BTC,” hackers stole the funds from the unnamed individual...

Bitcoin User Claims Hack Triggered Record $3M Bitcoin Fee, 139 BTC Lost


Bitcoin hack drained user’s wallet and forced record $3 million transaction fee payment. Image by Myst, Adobe Stock. A Bitcoin user has come forward claiming they were the victim of a hack that led to the record-breaking $3 million Bitcoin transaction fee paid last week. The anonymous user...

Crypto Scam-Kit Inferno Drainer Shuts Down Operations


Source: AdobeStock / Tomasz Bidermann Digital asset wallet-draining platform, Inferno Drainer has closed shop after helping bad actors drain millions from several cryptocurrency platforms. In a recent Telegram post, the firm announced an end to its operations citing a need to move on after helping...

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