Tagged: crypto wallets

May 1, 2026 @ 8:13 am By Omar Faridi  |  

On April 30, 2026, Wasabi Protocol—a so-called “decentralized” perpetual futures platform focused on leveraged trading of memecoins and other assets—experienced a significant exploit resulting in the drainage of approximately $4.5–5.5 million from its vaults and pools. The breach impacted deployments on Ethereum, Base, Berachain, and… Read More

April 15, 2026 @ 10:19 am By Omar Faridi  |  

Tether—which claims to be one of the largest digital assets companies and a key player in the web3 and stablecoin as the issuer of USD₮—has released tether.wallet. This self-custodial mobile application delivers the company’s vast financial network straight to individual users, targeting the hundreds of… Read More

April 7, 2026 @ 12:58 pm By Omar Faridi  |  

Phantom, a widely used cryptocurrency wallet service, has confirmed a temporary technical interruption that briefly altered how digital asset values and account summaries appeared to users. The issue surfaced unexpectedly, leading to inconsistencies in the displayed market rates for various tokens and the reflected balances… Read More

April 6, 2026 @ 8:33 am By Omar Faridi  |  

Circle (NYSE:CRCL), the stablecoin issuer behind USDC and other digital assets focused products, has unveiled an update in digital asset security through its research arm. The digital assets company recently detailed Star DKG (SDKG), a composable distributed key generation protocol engineered specifically for hardware-enforced key isolation… Read More

January 2, 2026 @ 8:25 am By Omar Faridi  |  

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

December 29, 2025 @ 12:57 am By Omar Faridi  |  

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

December 27, 2025 @ 5:21 pm By Omar Faridi  |  

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

December 26, 2025 @ 1:45 am By Omar Faridi  |  

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

November 17, 2025 @ 9:05 pm By Omar Faridi  |  

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

August 25, 2025 @ 5:04 pm By Omar Faridi  |  

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

June 12, 2025 @ 4:48 pm By Omar Faridi  |  

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

May 12, 2025 @ 3:42 pm By Omar Faridi  |  

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

April 20, 2025 @ 2:09 pm By Omar Faridi  |  

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

February 27, 2025 @ 10:04 pm By Omar Faridi  |  

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

February 24, 2025 @ 7:59 am By Omar Faridi  |  

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

November 7, 2024 @ 8:51 am By Omar Faridi  |  

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

October 10, 2023 @ 11:15 pm By Omar Faridi  |  

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

September 12, 2023 @ 11:59 am By Omar Faridi  |  

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

August 14, 2023 @ 4:56 pm By Omar Faridi  |  

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

August 11, 2023 @ 8:46 am By Omar Faridi  |  

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