Coinbase is launching a platform for Web3 users to easily view, manage, and interact with their holdings and DeFi investments, offering a seamless onboarding process and improving user experience. Beyond that, this new app will also make it convenient for users to settle payments, communicate with others involved in transactions, and connect to numerous Web3 use cases. In an announcement, Coinbase introduced the app to the ecosystem, “Today, we’re excited to introduce the new Coinbase Wallet...
Read More »Wallets Linked to CoinStats Exploit Move Nearly $1 Million to Tornado Cash
Two wallets linked to the CoinStats exploit from June have moved 311 ETH to Tornado Cash to obfuscate their fund flows. One moved 211 ETH, while the other sent 100 ETH to the mixer, amounting to $959,000. Crypto mixers like Tornado Cash are used by a wide array of individuals for anonymizing their transactions. It prevents the tracking of the origin of their funds. While these services are praised for lending privacy—a human right—using them may not comply with anti-money laundering...
Read More »3AC Wallet Acquires NFT Due to Three-Year Old Uncancelled Bid
A wallet associated with Three Arrows Capital (3AC), the now-defunct crypto hedge fund, has acquired an NFT for 20 ETH or just shy of $60,000. It placed a bid nearly three years ago, which the NFT’s previous owner accepted after all this while. The 50 ETH offered by 3AC was held in SuperRare’s escrow—the trade occurred on the SuperRare NFT marketplace. Wallets often do not relay amounts held in escrows for such trades as balances, which is why the bid made by 3AC went unnoticed by Teneo, the...
Read More »Around 1,590 Crypto Wallets Affected Due to CoinStats Security Breach
CoinStats suffered a security breach late into Saturday as iOS and Android users reported receiving questionable notifications about them being eligible for rewards. However, the notifications took them to a shady website asking them to download another application to receive the rewards. CoinStats updated users about the same on X. “Some iOS users received a scam notification. We’re investigating it. Sorry for the inconvenience. We’ll update you ASAP. Thanks for your understanding.” Some...
Read More »Bitcoin Whale from Satoshi Era Resurfaces, Transfers $43.9M Worth of BTC After 10 Years
A wallet that laid dormant for 10.3 years has suddenly sprung to life, transferring all 687.33 bitcoins, worth almost $44 million, on May 6, according to Lookonchain’s latest findings. The wallet in question had received the 687.33 BTC, valued at $630,000 at that time, on January 12, 2014, when bitcoin’s price was $917 and, interestingly, a time when Satoshi Nakamoto was still on the scene. Satoshi-Era Bitcoin Wallet Comes Alive The movement of funds from such decade-old...
Read More »Kraken Launches Crypto Wallet Supporting Multiple Blockchains
Kraken, the second-largest crypto exchange in the U.S., has introduced its self-custodial mobile wallet. Dubbed Kraken Wallet, the product follows in the footsteps of prominent platforms such as Binance, OKX, Coinbase, Bitget, and Bybit. Kraken Wallet’s Focus on Privacy and Self-Custody Kraken Wallet offers users a solution for managing their tokens, NFTs, and DeFi across blockchain networks such as Bitcoin, Ethereum, Polygon, Dogecoin, Base, Solana, and Arbitrum. In...
Read More »Fake Rabby Wallet Approved on App Store Before Real One
Rabby Wallet is a somewhat popular crypto wallet made by Debank that has been around for a while now and boasts support for 141 chains and multiple signing modes. On the 16th of February, the company behind Rabby Wallet announced the launch of the beta version of its mobile app. Unfortunately for fans of the platform, the app you find when searching for Rabby Wallet on the iOS App Store is, in fact, a drainer with no ties to the real app. 🚨 A FAKE iOS app has resurfaced....
Read More »Vitalik Buterin: Digital Wallets Can Break Quite Easily
Vitalik Buterin – the Canadian-Russian crypto entrepreneur widely credited for bringing Ethereum, the world’s second-largest cryptocurrency by market cap and the primary competitor to bitcoin to the digital market – has warned traders and digital asset enthusiasts everywhere that virtual wallets aren’t as safe as they could be. He’s now pushing for the simplification of digital currency wallet technology, which he believes is not always kind to first-time traders and crypto holders.Vitalik...
Read More »The U.S. Is Taking Its Crypto Back from North Korea
Recently, Live Bitcoin News reported that the U.S. was looking to sue North Korea over several million dollars-worth of cryptocurrency that had been stolen over the past year via cyberattacks on two separate exchanges. There has been a break in the story in that the U.S. is no longer planning to file suit, as it has already gained access to the nearly 300 accounts that the stolen money had been filtered into. The country is now moving to transfer these funds back into American digital...
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