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Ryder Reveals Hardware Wallet That 'Replaces' Seed Phrases With Novel Recovery System and 'No Central Entity', Raises $1.2 Million
19.10.2023
Hardware wallet developer Ryder has announced the close of a $1.2 million raise and revealed the Ryder One hardware wallet featuring a recovery system designed to replace the typical seed-phrase process.
In a press release shared with Cryptonews, Ryder said it raised $1.2 million from "industry...
Hidden as colors, crypto seed phrases could hide in plain sight, says dev
14.7.2023
Speaking to Cointelegraph, Entero Positivo argued typical seed phrase storage methods are too obvious, so he devised a way to hide a crypto wallet in plain sight
Report: Zimbabwean Crypto Trader Uses Recovery Phrase to Steal Digital Assets Worth $457K From Client
9.6.2023
A Zimbabwean crypto trader has appeared in court to face theft and money laundering charges after prosecutors accused him of stealing digital assets worth more than $457,000 from his client. The crypto trader is accused of siphoning the digital assets using seed phrases and passwords he obtained...
Crypto Biz: Tether flees from banks, Ledger’s backdoor for seed phrases and more
20.5.2023
This week’s Crypto Biz explores Tether’s first quarter audit, Ripple’s partial victory against the SEC, Worldcoin fundraising and Ledger’s controversial recovery service
Users will decide if they can still trust Ledger with their seed phrases
20.5.2023
Ledger’s decision to introduce a third party to your wallet seed phrase created an exploit that could appeal to both governments and hackers
Ledger Faces Backlash for Controversial Backup Tool as Crypto Community Expresses Discontent
17.5.2023
Hardware wallet maker Ledger is facing significant backlash for its recent introduction of a tool enabling users to back up their seed phrases through the transmission of encrypted key fragments to third-party firms. The crypto community has not embraced this new feature, with numerous digital...
Hackers Are Cloning Web3 Wallets Like Metamask and Coinbase Wallet to Steal Crypto
15.6.2022
Confiant, an advertising security agency, has found a cluster of malicious activity involving distributed wallet apps, allowing hackers to steal private seeds and acquire the funds of users via backdoored imposter wallets. The apps are distributed via cloning of legitimate sites, giving...
Stepn impersonators stealing users' seed phrases, warn security experts
25.4.2022
When these cybercriminals obtain the seed phrase, they gain complete control over the Stepn user's dashboard
Solana integrates Web3Auth to lower DApp barrier-to-entry
3.2.2022
Web3Auth's technological infrastructure has already been implemented by the likes of Binance Chain, Ubisoft and Rarible across an array of Web3 projects
New Bitcoin Quest Contest Gives People a Chance to Locate Crypto Seeds Hidden in Pictures
9.1.2021
There’s an online-sleuthing contest starting on January 21st called “Bitcoin Quest,” where individuals can leverage their crypto-analytical skills to hunt for mnemonic bitcoin seed phrases hidden in artwork. Winners who drain the artwork’s crypto holdings will be able to...
How to Hide Your Bitcoin – Opsec, Anonymity, Cold Storage, Brainwallet, Dexes and Non-Custodials
25.2.2020
In an era of increasing economic uncertainty, surveillance, specialized cybercrime and hacking, knowing how to hide bitcoin safely has become a paramount concern for crypto holders. Whether it’s by way of taking wise opsec measures, utilizing noncustodial tools, leveraging a DEX, or even...