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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
Another Mysterious Person Signs a 2009 BTC Address, Message Shared by Martin Shkreli Mentions Convicted Felon Paul Le Roux
15.12.2022
Just recently, the crypto community discovered a bitcointalk.org forum user who signed a message from bitcoin block 1,018, and the signer associated the signature with an address first seen in 2022. Moreover, further investigation and evidence have tied block 1,018 to the now-deceased computer...
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
Korean VC Firm Daesung Private Equity Announces $83 Million Metaverse Fund
3.12.2022
Daesung Private Equity, a Korean venture capital firm, has announced the launch of a metaverse fund of 110 billion won ($83.5 million). The fund, which will have the participation of the Korean state represented by Korea Venture Investment Corporation’s Korea Fund of Funds, aims to...
Bankman-Fried’s Private Jet Causes Buzz, Kraken CEO Addresses FTX Collapse, More Sleeping Bitcoins Wake Up — Week in Review
20.11.2022
With the colossal collapse of crypto exchange FTX in recent weeks, excitement in the world of cryptocurrency and finance has been in no short supply. Former FTX CEO Sam Bankman-Fried’s private jet was reportedly spotted heading to Argentina, Kraken’s CEO has addressed the fallout of...
Report: GALA token exploit resulted from public leak of private key on GitHub
7.11.2022
It appears that the leaked private key caused a change of ownership in the compromised smart contract 70 days prior
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...
Close to 60,000 BTC Erased From Bitcoin Treasuries in 9 Months, 4 Entities Hold More Than 100K BTC
17.10.2022
During the last two years, a number of public and private companies, exchange-traded products (ETPs), and countries have added bitcoin to their balance sheet. However, during the last nine months of 2022, the number of bitcoin stored in these types of treasuries dropped by 57,481 bitcoin, worth...
Samsung to Debut Knox Matrix Blockchain-Based Security System for Smart Devices
13.10.2022
Samsung, the consumer electronics giant, has announced the introduction of a blockchain-like security system for its smart devices. Named Knox Matrix, the objective of the system is to increase the security of a multi-device environment, with each smart device monitoring others and sharing access...
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
Many NFT projects lack adequate smart contract testing, says nameless founder
23.9.2022
Last year, the Akutars NFT collection sold out 15,000 tokens, but a major big saw $33 million worth of Ether (ETH) generated from sales locked into an inaccessible smart contract
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...
Polygon CSO blames Web2 security gaps for recent spate of hacks
9.9.2022
Polygon's chief of security says his department now employs 10 experts to ensure top-notch cyber security practices are adopted, recommending other crypto firms do the same
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
What is a seed phrase and why is it important?
27.8.2022
It’s crucial to remember your seed phrase, which is a string of random words produced by your cryptocurrency wallet when you initially set it up
Millions of dollars in ETH lie unclaimed in presale wallets — but there's a way to get them back
26.8.2022
Did you know that over 500 Ethereum presale wallets are yet to be recovered… and collectively, they have a value of several billion dollars?
Organizations look toward multiparty computation to advance Web3
16.8.2022
Multiparty computation is being leveraged to ensure private key security and decentralization within Web3 platforms. But why use it?