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Kaspersky Uncovers Counterfeit Trezor Wallets That Jeopardize Crypto Assets With Pre-Knowledge of Private Key
17.5.2023
Kaspersky, the multinational cybersecurity and anti-virus provider, made a startling revelation on May 10th. According to their report, a victim of a crypto hack had unwittingly purchased a counterfeit Trezor Model T from a “trusted seller through a popular classifieds website.”...
‘The Future of Digital Payments Lies in Web3 Payment Services’ Says Robert Miller of Fuse
14.5.2023
Despite not being mainstream payment solutions yet, cryptocurrency-based payments (also known as Web3 payments) already bring benefits such as lower transaction fees, Robert Miller, the vice president of growth at Fuse, a layer 1, EVM-compatible blockchain for launching dapps, has asserted....
Solana’s Crypto and Web3 Smartphone ‘Saga’ Available to the General Public on May 8
14.4.2023
Solana’s cryptocurrency and Web3 smartphone, Saga, will be available for purchase on Monday, May 8, 2023. Crafted by OSOM, the Android smartphone is designed specifically for Web3 applications and enables users to self-custody crypto assets using its Seed Vault feature. Solana Smartphone Saga...
Bitcoin ATM maker shuts cloud service after user hot wallets compromised
20.3.2023
Bitcoin ATM manufacturer General Bytes said a hacker was able to install and run a Java application in its terminals that could access user information and send funds from hot wallets
Major Cryptocurrency ATM Manufacturer General Bytes Hacked, Over $1.5M in Bitcoin Stolen
19.3.2023
General Bytes experienced a security incident on March 17 and 18 that enabled a hacker to remotely access the master service interface and send funds from hot wallets, according to the company and sources. The breach forced a majority of U.S.-based crypto automated teller machine (ATM) operators...
BitGo patches critical vulnerability first discovered by Fireblocks
17.3.2023
BitGo has patched a vulnerability that threatened to expose the private keys of retail and institutional users
Wyoming’s private keys bill addresses growing threat to rights and assets
14.3.2023
Wyoming's new law ensures that courts won't overstep their authority in requiring individuals to disclose their private keys
Wyoming Lawmakers Pass Bill Prohibiting Forced Disclosure of Private Crypto Keys
16.2.2023
The prohibition will not apply in cases where there is no alternative way to access the requisite information
Stiffing the Staker: The SEC’s Latest Crackdown on Crypto Innovation
11.2.2023
The crypto world was jolted last week when the Securities and Exchange Commission (SEC) shut down Kraken’s staking program, much to the satisfaction of Chairman Gary Gensler and his team. But what does this mean for the future of cryptocurrency and, more specifically, staking? The following...
'Blockchain Bandit' reawakens: $90M in stolen crypto seen shifting
26.1.2023
The hacker accumulated as much as $90 million worth of crypto during a six-year thieving spree
What are hierarchical deterministic (HD) crypto wallets?
19.1.2023
A hierarchical deterministic wallet uses a single seed to create an infinite number of addresses, allowing users to recover funds using a master key
How to keep your crypto safe in 2023: a few tips from an analyst
9.1.2023
Lead on-chain analyst at Glassnode, James Check, explains why taking self-custody of your private keys has become more important than ever and how to do it in a few simple steps
Crypto on-chain crime drama sees the good guys finally win
21.12.2022
The security firm managed to avert a crypto robbery by simply paying a higher gas fee than the exploiter
Only 1% of people can handle crypto self-custody right now: Binance CEO
15.12.2022
Changpeng Zhao’s comments come as billions of dollars of stablecoins continue to flow out of the Binance exchange
How do crypto hardware wallet firms make money?
8.12.2022
All the companies that are involved in producing hardware crypto wallets have multiple revenue streams, either directly or indirectly
Hackers Are Taking Advantage of Typing Mistakes to Steal Cryptocurrency
25.10.2022
A group of hackers have taken advantage of typing mistakes in order to introduce malware to Android phones and Windows-based PCs. Using a technique called typosquatting, which consists of registering domains that are dramatically near to the ones of official brands of organizations, hackers...
Report: The Oldest Bank in America, BNY Mellon Can Now Custody Bitcoin and Ethereum
11.10.2022
America’s oldest bank, the Bank of New York Mellon Corporation, commonly known as BNY Mellon, has announced the financial institution can now custody cryptocurrencies. A report published by the Wall Street Journal on Tuesday, says BNY Mellon was approved by the New York State Department...
Amber Group uses simple hardware to show just how fast, easy the Wintermute hack was
30.9.2022
The Hong Kong-based group documented its reproduction of the hack on its a tech and security oriented blog, seeking insights into Web3’s attack surface spectrum
Bitcoin vs. Quantum Computers: US Government Says Post-Quantum World Is Getting Closer, CISA Warns Contemporary Encryption Could Break
20.9.2022
According to the U.S. Cybersecurity and Infrastructure Security Agency (CISA), while quantum computers are incapable of breaking public key encryption algorithms, public and private entities need to prepare for future threats against cryptography that is not quantum resistant. Most...
Crypto winter teaches tough lessons about custody and taking control
2.9.2022
Many agree that digital assets should be held in hard wallets, but recent actions in the EU and the U.S. may make that more difficult, not easier