WALLET
A designated storage location for digital assets (cryptocurrency) that has an address used for sending and receiving funds to and from the wallet. The wallet can be online, offline, or on a physical device.
Shiba Inu Shibarium's Wallets Top 100,000 as Transactions Exceed 445,000
Shibarium, Shiba Inu's Ethereum Layer 2 network, has achieved 100,000 wallet addresses and 445,000 transactions, demonstrating rapid adoption, user engagement, and lower transaction costs for decentralized finance applications and NFTs.
Russian Investors File Class Action Against Atomic Wallet Following $100 Million Heist
Russian and CIS investors have filed a class action lawsuit against Atomic Wallet, claiming losses of around $12 million following a security breach in June. The lawsuit, coordinated by German lawyer Max Gutbrod and Moscow's Destra Legal, highlights concerns about the platform's security measures and the growing reliance on cryptocurrencies in Russia.
Circle Launches Programmable Wallets for Developers
Circle has launched Programmable Wallets, a service allowing developers to embed crypto wallets in apps. The blockchain-agnostic tool supports Ethereum, Polygon, and Avalanche.
Breaking: CoinsPaid, AtomicWallet, and Alphapo Incidents All Connected to North Korea's Lazarus Group
MistTrack links CoinsPaid, AtomicWallet, and Alphapo incidents to North Korea's Lazarus Group. The hacks, totaling over $183M, highlight the need for robust crypto security.
Alphapo Hot Wallets Drained of Over $23M in BTC, ETH and TRON
Alphapo, a payment processor for various gambling services, reported a breach of their hot wallets today, July 23, 2023. The breach resulted in a loss of over $23 million in Ethereum (ETH), TRON (TRX), and Bitcoin (BTC) cryptocurrencies.
OKX Founder Star Xu Advocates for Compliance Controls while questioning UniSat Wallet
OKX founder Star Xu emphasizes compliance controls in crypto, citing 'Multichain' as a risk example. He also questions the nature of UniSat Wallet's new brc20-swap.
What is Bitcoin Ordinals?
Bitcoin Ordinals, introduced in January 2023 by Casey Rodarmor, are a way to inscribe digital content on the Bitcoin blockchain.
Donald Trump's NFT Success Unveils Former President's Crypto Ventures
Former U.S. President Donald Trump has made significant strides in the NFT market, as revealed in a recent financial disclosure form submitted to the Office of Government Ethics.
Coinbase Uses Multi-Party Computation to Enhance Crypto Wallet Security and User Experience
Coinbase is making strides towards simplifying the onboarding process for web3, bolstering both security and recovery for crypto wallets. The company is deploying a cryptographic technique called Multi-Party Computation (MPC) to eliminate key management hurdles that have long been a barrier to mainstream web3 adoption.
Ethereum Co-founder Vitalik Buterin Engages in Spirited Debate on Wallet Security
In a recent Ask Me Anything (AMA) session on Twitter, Ethereum co-founder Vitalik Buterin fielded various questions from the cryptocurrency community. The session largely revolved around the pros and cons of MPC-based (EOA) wallets versus Smart Contract wallets, providing intriguing insight into Buterin's perspective.