crypto wallet

Cryptocurrency wallet provider Atomic Wallet and its proprietor, Konstantin Gladych, are in the midst of a lawsuit due to a $100 million security breach allegedly executed by the Lazarus Group. The individuals behind the lawsuit, representing themselves as well as other patrons of Atomic Wallet,...

Bybit has secured a license to operate a crypto exchange and provide custody services in Cyprus. The license, granted by Cyprus's regulatory authorities, enables Bybit to provide trading between crypto pairs and fiat currency pairs, along with financial services related to crypto assets, and...

Markets in Crypto Assets (MiCA) regulation, inscribed in the Official Journal of the European Union on June 9, is expected to be enacted by Dec. 30, 2024. Certain provisions will even be brought into play six months in advance, on Jun. 30, 2024. MiCA, ratified on May 31, paves the way for a...

Democratic Congress members Brad Sherman and Stephen Lynch have publicly called for the U.S. Treasury Department and the Internal Revenue Service (IRS) to swiftly present forthcoming rules for cryptocurrency taxation. They argue this would foster complete compliance from the fast-growing industry,...

Cryptocurrency insurance firm Evertas has been granted authorization to provide coverage of up to $420 million per policy, a dramatic increase from its previous cap of $5 million. Arch Insurance International, a syndicate of the renowned Lloyd's of London, sanctioned Evertas to...

In a significant development, Chainalysis, a major player in blockchain analysis, has announced its acquisition of Transpose, a blockchain data and infrastructure company. The acquisition is aimed at streamlining the construction of applications using Web3 data, improving user experiences in...

Ledger CEO Pascal Gauthier says open-sourcing the company's Recover code does not equal better security, but ensures more transparency so people can verify the code is secure. Gauthier spoke with Benzinga regarding the roll-out of the Ledger Recover service after the Paris-based company...

Crypto wallet producer, Ledger, has drawn flak for introducing an update enabling its devices to transmit encoded fragments of users' seed phrases to others. The Paris-based firm has asserted that this move aims to facilitate the recovery of seed phrases, akin to passwords, for users....

There has been a recent surge in the launch of fraudulent meme coins by crypto scammers, blockchain experts have revealed. Cointelegraph reported ZachXBT, an independent blockchain investigator, stated that a single wallet address launched 114 meme coin scams in the last 45 days...

Singapore-based cryptocurrency exchange Bitrue on Friday announced that hackers had stolen $23 million from one of its wallets. The exchange did not provide details on how the attack occurred. In a tweet, Bitrue stated, "We have identified a brief exploit in one of our hot wallets on 07:...

Over the weekend, SushiSwap suffered a major security breach when a bug in its RouterProcessor2 contract was exploited, leading to the theft of approximately $3.3 million worth of Ethereum (CRYPTO: ETH) from a user's wallet. PeckShield, a blockchain security and data analytics company,...

Multichain wallet BitKeep has fully compensated users affected by the 7.2.9. Android Package Kit (APK) exploit that occurred on Dec. 26, 2022. The update was maliciously swapped by hackers, resulting in an estimated $8 million loss of funds from users who downloaded the malware. According to...

Cryptocurrency exchange Bitget has acquired a controlling stake in BitKeep, a cryptocurrency wallet provider, with an additional $30 million investment at a $300 million valuation. What Happened: According to a statement from Bitget, the acquisition is an important move that will allow the...

Microsoft Corp (NASDAQ: MSFT) is reportedly testing a built-in, non-custodial crypto wallet in its Edge browser. What Happened: According to a report by Bleeping Computer, this wallet may be used both for crypto payments and as an entry point to the world of DeFi and Web3 applications. ...

Even though 2021 was the best year for digital assets such as cryptocurrencies and non-fungible tokens (NFTs), 2022 has been a washout in comparison and has seen cryptocurrency prices fall to pre-COVID-19 levels, wiping out trillions of dollars worth of investor wealth in the process. Making...