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Squads Labs Raises $10 Million in Series A Round, Launches Fuse Smart Wallet


Squads Labs, the team behind the Squads Solana-based smart accounts protocol, the Squads app, and the smart account-enabled wallet Fuse, announced it raised $10 million in its Series A funding round. Led by Electric Capital, the funds will be used to improve the functionality of already existing...

ZKsync announces airdrop of 3.67B $ZK token to 695k wallets next week


ZKsync has announced plans to deliver a generous gift to its loyal community members. According to an announcement on ZKNation, starting June 17th, an unrestricted airdrop of 17.5% of the total token supply, i.e., 3,675,000,000 tokens, will be distributed as a show of gratitude. While this sizable...

Over 200 BTC From 2013 and 2012 Wallets Awaken, Now Valued at Over $14M


Over the past weekend, 211.51 dormant bitcoins valued at $14.79 million were reactivated after over a decade of inactivity. More than half of these funds originated from bitcoin wallets that had been inactive since 2012. Vintage Bitcoin Wallets Unleash 211.51 Bitcoin Since June 8, 2024, a series...

Coinbase Launches ‘Smart Wallets’ in Bid to Simplify Crypto Onboarding


Coinbase has introduced “smart wallets,” aimed at easing the entry into blockchain activities by eliminating complex processes and high fees associated with traditional crypto wallets. This new offering seeks to onboard over one billion users through simplified, gasless transactions...

Ronin Network shatters records with over 20 million unique wallets


Sky Mavis’s prominent blockchain platform, Ronin Network, has achieved a remarkable milestone by surpassing 20 million unique wallets. This achievement underscores Ronin’s rapid growth and its increasing popularity, particularly in the blockchain gaming sector. Launched as a dedicated...

Crypto wallets, explained


Crypto wallets, which act like wheels for the digital asset ecosystem, are now incorporating tech innovations such as biometrics, DID, AI and smart contracts

Why account abstraction wallets could soon compete with MetaMask?


Non-custodial wallets have surged in popularity, with MetaMask now serving over 30 million users on a monthly basis. This growth in usage, however, is nowhere near the levels of custodial wallets offered by centralized exchanges such as Binance and Coinbase. The reason? Like any nascent technology...

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