Wallets
MetaMask Wallet Review 2023 – Is It A Reliable Cryptocurrency Wallet?
A cryptocurrency wallet is not a traditional wallet that stores cash. The blockchain stores… The post MetaMask Wallet Review 2023 – Is It A Reliable Cryptocurrency Wallet? appeared first on The Home of Altcoins: All About Crypto, Bitcoin & Altcoins | Cointext.com.
8 Useful Tips To Prevent Intruders From Stealing Your Crypto Wallet
The cryptocurrency market has now expanded significantly, which has caught the interest of both… The post 8 Useful Tips To Prevent Intruders From Stealing Your Crypto Wallet appeared first on The Home of Altcoins: All About Crypto, Bitcoin & Altcoins | Cointext.com.
BitKeep CEO says some users’ private keys remain at risk after exploit
According to a letter posted on Chinese blockchain news publisher Odaily.com on Dec. 27, Kevin Como, the anonymous CEO of BitKeep, warned that users’ private keys are still at risk after a security incident on Dec. 26 led to over $13 million in losses at the time of publication. BitKeep is one of the more popular noncustodial, decentralized finance multichain wallets with over 6 million users. Specifically, Como wrote: “This was a large and atrocious hacker attack incident. The BitKeep APK 7.2.9 (Android Package Kit) installation package was hijacked and swapped by the hacker, and as a result, some users already installed the APKs that were planted malware by the hackers, leading to a leak of users’ private keys.” Como urged users who had already downloaded the Android APK 7.2.9. to transf...
Wallets like MetaMask need to become more user-friendly
After Ethereum’s long-awaited Merge, it’s an ideal time to think about how we can also improve smart contracts. Essentially apps that run on blockchains, smart contracts are a vital component of our Web3 applications. But interacting with them remains quite dangerous, especially for non-developers. Many of the incidents where users lose their crypto assets are caused by buggy or malicious smart contracts. As a Web3 app developer, this is a challenge I think about often, especially as waves of new users keep onboarding into various blockchain applications. To fully trust a smart contract, a consumer needs to know exactly what it’s going to do when they make a transaction — because unlike in the Web2 world, there’s no customer support hotline to call and recover funds if something goes wrong...
DeFi platform Oasis to block wallet addresses deemed at-risk
According to a new community Discord post on Thursday, decentralized finance platform Oasis.app says that sanctioned addresses will no longer be able to access the application. As a result of the change to the terms of service, wallets flagged as high risk are prohibited from using Oasis.app to manage positions or withdraw funds. Instead, such category of users must interact directly with the relevant underlying protocol where funds are stored or find another service. In explaining the decision, Oasis.app team member Gabriel said: “We’ve recently needed to update the Terms of Service of the Oasis.app front-end to comply with the relevant laws and regulations. In line with the latest regulations, Oasis.app has an updated Terms of Service. Any sanctioned addresses will no longer ...
Blockchain forensics firm finds millions in sanctioned crypto wallet
Blockchain security and forensics firm Elliptic has been working with authorities to expose crypto wallets affiliated with sanctioned individuals or organizations. The United Kingdom-based company has discovered a wallet with “significant crypto-asset holdings” in the millions of dollars that may be linked to sanctioned Russian officials and oligarchs. Speaking to Bloomberg on March 14, Elliptic co-founder Tom Robinson said that crypto could be used for sanctions evasion. However, it has been widely reported and generally accepted now that Russia is very unlikely to pivot to crypto assets to circumvent them. The report did not specify the exact value of the crypto in the wallet it discovered or the nature of the assets it held. Robinson added that the scale of the use of crypto is in...
Argent’s L2 wallet could bring gas fees as low as $1 on Ethereum
Argent aims at 95% better carbon emission efficiency Its layer two wallet will eliminate seed phrases for its non-custodial wallet Argent, an Ethereum wallet that broke into the scene in 2018, is launching a layer two version. It aims to reduce the cost (in gas transaction fees) incurred when completing transactions on the mainnet and improve environmental sustainability. According to Argent’s CEO Itamar Lesuisse, Argent will provide fees as low as $1 and also cut carbon emissions by up to 95% in order to remedy the current state, which he described as “expensive, slow and less secure.” Having chosen zkSync as the preferred layer two on which it built its wallet, Argent said in a statement sent out today that more than 500,000 users have joined the waitlist to use the wal...
Where to store Cryptocurrency Coins and Tokens, Custodial or non custodial Wallet?
Facebook WhatsApp Reddit Twitter Shares Beginners in cryptocurrency World often ask the questions, where can they stores their cryptocurrency? There are Many wallets out there that is secure for you to store your cryptocurrency. In cryptocurrency world, wallet are group into two. 1. custodial Wallet As the name imply, Custodial wallet is a wallet which the developers has control over it. The developers can set a limits of coin you store, and trade with the wallet. .u832d569992651a924801a3a74176d3e4 { padding:0px; margin: 0; padding-top:1em!important; padding-bottom:1em!important; width:100%; display: block; font-weight:bold; background-color:inherit; border:0!important; border-left:4px solid #16A085!important; box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); -moz-box-shadow: 0 1px 2px rgba(0, 0,...
