Tagged: crypto wallets

Ongoing Crypto Wallet Drains Reportedly Hit EVM Chains as Major Security Concerns Persist

Blockchain investigator ZachXBT has recently raised alarms about a persistent exploit targeting numerous cryptocurrency wallets on the Ethereum Virtual Machine (EVM)-compatible networks. The attack, which continues to unfold, reportedly involves the unauthorized transfer of funds from hundreds of affected addresses / wallets, primarily in modest… Read More

Web3 : Bitpanda DeFi Wallet to Enhance Asset Management and User Engagement

The Vision and Bitpanda Web3 ecosystems are about to take a leap forward. With the launch of Engage, the updated Bitpanda DeFi Wallet is now said to be transforming from a simple asset management tool into “a dynamic, gamified hub where actions have meaning.” Bitpanda… Read More

Trust Wallet Browser Extension Security Breach: Over $6 Million Drained from Users

On December 25, 2025, the cryptocurrency space was alerted to a major security issue affecting Trust Wallet‘s Chrome browser extension. On-chain investigator ZachXBT first raised the alarm via Telegram, highlighting numerous reports of unauthorized fund withdrawals from users’ wallets in a short timeframe. The wallet‘s… Read More

Crypto Wallet Tied to Alleged Mt. Gox Hacker Moves Large Bitcoin (BTC) Holdings

A cryptocurrency wallet that has been associated with Aleksey Bilyuchenko, charged by the U.S. Department of Justice for involvement in the 2011-2014 Mt. Gox exchange hack, has seemingly transferred approximately 2,300 Bitcoin over the past month, according to on-chain data tracked by Arkham Intelligence analyst… Read More

CertiK Blockchain Investigator Comments on the Rise of Crypto Wallet Drainers as a Service

Wallet-drainer and phishing toolkits are surging, with ~$500M drained in 2024 and crypto losses hitting $3.1B in H1 2025 alone. Point-in-time audits aren’t enough without continuous monitoring and revocation playbooks. We recently caught up with Natalie Newson, Senior Blockchain Investigator at CertiK to better understand how “drainer-as-a-service”… Read More

Bitpanda Unveils DeFi Wallet to Bring Web3 to European Investors

Vienna-based Bitpanda, a European investment platform founded in 2014 by Eric Demuth, has launched its innovative Bitpanda DeFi Wallet, marking a significant step toward making decentralized finance and Web3 accessible to a broader audience. With a user base of nearly 7 million investors and partnerships… Read More

Dune Analytics Report Examines Crypto Wallet Infrastructure, Smart Accounts, Cross-Chain DeFi Activity

The cryptocurrency ecosystem continues to evolve with wallets and decentralized finance (DeFi) protocols driving innovation and adoption. Recent reports from Dune Analytics provide a comprehensive look at these trends, highlighting the rise of wallet infrastructure, smart accounts, and cross-chain DeFi activity. These reports underscore the… Read More

Crypto Hardware Wallet Maker Ledger Announces Ethereum (ETH) Pectra Upgrade Support, Transaction Check Feature

French crypto hardware wallet maker Ledger continues to focus on setting the standard for security, user experience, and workplace innovation. Recent updates from Ledger highlight the cryptocurrency hardware wallet firm’s commitment to advancing Ethereum’s (ETH) ecosystem, enhancing transaction security, and redefining collaborative work environments. Through… Read More

British Columbia Securities Commission (BCSC) Uncovers $4.3M Crypto Scam Targeting Canadian Investors

The British Columbia Securities Commission (BCSC) has exposed a $4.3 million scam targeting Canadian investors. The operation, dubbed “Operation Avalanche,” revealed a sophisticated scheme orchestrated by overseas crime groups using a tactic known as “approval phishing.” This fraudulent method reportedly tricked 89 unsuspecting victims into… Read More

OKX and SlowMist Report: Bom Malware Impacts Thousands of Users, Stealing $1.82M+ in Crypto

OKX and SlowMist noted in a report that on February 14, 2025, multiple users reported unauthorized access to their wallet assets. On-chain data analysis indicated that the incidents “exhibited characteristics of mnemonic phrase/private key leakage.” Further follow-ups with affected users revealed “that most of them… Read More

Blockdaemon Institutional Vault to Support Digital Assets Custodians, Exchanges

Blockdaemon Wallet, introduced in 2023, has been rebranded as Blockdaemon Institutional Vault. According to an update from Blockdaemon, the name change reflects the platform’s continued evolution into what is “considered the most secure wallet available for institutional digital asset operations and storage.” Designed to support… Read More

Blockchain Security Firm CertiK Releases Preliminary Assessment of Web3 Destkop Wallets

CertiK has shared a security assessment focused on Web3 desktop wallets. As explained in an extensive update by the team at CertiK, desktop wallets play a key role in the Web3 ecosystem, providing users with a means to manage their digital assets within decentralized networks…. Read More

Phishing Scams: Binance’s Hong Kong Clients Have Reportedly Lost $450K+ via Series of Fraudulent Texts

Hong Kong’s authorities have claimed that 11 of the city’s Binance clients had been targeted in a series of phishing scams that were reportedly carried out via text messages. Hong Kong law-enforcement agencies have cautioned users of the scam as part of an October 9,… Read More

Coinbase Cloud Joins Kiln On-Chain Platform to Provide Staking for Self-Custodial Crypto Wallets

Enterprise-grade staking platform Kiln announced that Coinbase Cloud has integrated Kiln’s On-Chain Platform into its product offering, “marking a significant milestone for Coinbase Cloud in streamlining and simplifying the Ethereum staking process.” Kiln On-Chain is a suite of smart contracts designed “to connect integrators and… Read More

Jeremy Allaire, CEO at Circle, Says Web3 Services Are Major Pillar of Fintech Firm’s Strategy

Jeremy Allaire, CEO at Circle Internet Financial, says that the next major pillar of the Fintech firm’s strategy is Web3 services. Last year, Circle made an acquisition of a crypto infra platform called Cybavo. This week, the company has launched the first new product milestone… Read More

Crypto Payments: BitPay Introduces Bill Pay for Settling Transactions with Virtual Currencies

BitPay, a firm that claims to be the world’s largest provider of Bitcoin and cryptocurrency payment services, today announced the launch of BitPay Bill Pay, a new solution that allows cryptocurrency users to pay bills directly from their crypto wallets. From credit cards and mortgages… Read More

Web3 Adoption: Circle Introduces Programmable Wallets as Part of Web 3.0 Services Line

On July 30th, 2015, the Genesis block of Ethereum was created. Eight years later, today Ethereum is the dominant blockchain network “with growing developer interest, lower transaction fees, and faster settlement times.” Yet, fewer than 0.5% of the 100 million developers worldwide “are actively building… Read More

Digital Assets: Bybit P2P Crypto Trading Provides Instant On-Chain Deposits to Clients’ Web3 Wallets

Bybit, which claims to be one of Coingecko’s top-five cryptocurrency exchanges, is pleased to announce that users can now “buy crypto on-chain using Bybit’s peer-to-peer (P2P) trading service.” The P2P enhancement currently “allows for the purchase of USDT using more than 62 fiat currencies, with… Read More

Framework Ventures Leads $5.5M Round for DFlow, a Decentralized Payment for Order Flow Protocol

DFlow, a “decentralized” payment for order flow (PFOF) protocol that enables wallets and crypto trading applications to sell their flow to best-execution market makers via open and permissionless auctions, announced that it has successfully raised a $5.5 million funding round led by Framework Ventures, a… Read More

Web 3.0, NFTs: Self-Custody Crypto Wallet MetaMask Announces Web3 Educational Programming with Superchief Gallery NFT

MetaMask, the self-custody Web3 wallet developed by ConsenSys is pleased to announce Web3 educational programming at The Oculus at the Westfield World Trade Center in partnership with Superchief Gallery NFT, the IRL NFT gallery. As part of the partnership, approximately 300 students from marginalized &… Read More

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