Ledger’s latest update — aimed at making private seed phrases on its wallets recoverable — was simply an attempt to innovate and improve user security.
Ledger Continues to Defend Recovery System, Says It’s Always ‘Technically’ Possible to Extract Users’ Keys
“Technically speaking it is and always has been possible to write firmware that facilitates key extraction. You have always trusted Ledger not to deploy such firmware whether you knew it or not,” Ledger said on Twitter.
Decentralized Wallet Developer Odsy Raises $7.5M at $250M Valuation
The funding round was led by Blockchange Ventures and included participation from firms such as Rubik Ventures, Node Capital and FalconX.
Mastercard Launches Crypto Credential Service for Cross-Border Transfers
The set of verification standards uses technology from the CipherTrace, the well-known blockchain analytics platform Mastercard agreed to acquired in late 2021.
Elizabeth Warren wants the police at your door in 2024
Senators Elizabeth Warren and Roger Marshall want to make your crypto wallet illegal — and their plan runs contrary to the principles they campaigned on.
How to stake Cardano (ADA) in a self-custodial wallet
Cardano is one of the largest layer-1 blockchains by market capitalization, but what does the DeFi ecosystem offer for staking?
Cardano Developer IOG Releases Lace Wallet, Boosting ADA Ecosystem
Users can stake ada tokens directly from Lace to contribute to the security of the Cardano network and receive rewards for their participation.
Bank collapses are spurring interest in self-custody startups
The implosions of Signature Bank and Silicon Valley Bank are giving self-custody startups an opportunity to prosper.
Bitcoin Ordinals Custody Solutions Would Be Better if They Embraced Bitcoiner Values
The perfect Ordinals wallet should (1) integrate Ordinals support without requiring a full node, (2) be easy to use for the average collector, (3) follow Bitcoin’s great cultural tradition of embracing self-custody and trustless transacting.
Hedera confirms exploit on mainnet led to theft of service tokens
Hedera said the March 9 smart contract exploit has not impacted the network or its consensus layer.
Crypto Wallet Firm Dfns Says ‘Magic Links’ Have Critical Vulnerability
Crypto wallet service provider Dfns is publicly disclosing that some “magic link” passwordless sign-in services are vulnerable to phishing attacks, but affected companies are concerned the company rushed to publish.
Hacking Crypto Wallets Is Latest Strategy in Quest to Recover Lost Billions
Unciphered recovers lost crypto funds by auditing code and finding vulnerabilities in wallets.
Is BTC price about to retest $20K? 5 things to know in Bitcoin this week
Bitcoin looks like it is treading on thin ice as February fails to match the gains of last month.
‘Blockchain Bandit’ reawakens: $90M in stolen crypto seen shifting
The hacker accumulated as much as $90 million worth of crypto from wallets with weak private keys during a six-year thieving spree.
Bitcoin inches closer to a 10-year record, as other stats turn bullish
Right now, Bitcoin is a day away from matching a nearly 10-year-old record and Ethereum could hit a significant milestone by Q2.
BitKeep CEO says some users’ private keys remain at risk after exploit
The blockchain executive urged users who downloaded the BitKeep 7.2.9. APK malware to transfer their assets immediately.
Exchange outflows hit historic highs as Bitcoin investors self-custody
Confidence in centralized exchanges appears to be waning as Bitcoin flows into self-custody wallets at near-record levels.
Wallets like MetaMask need to become more user-friendly
Most wallets feel like they were created for developers. That’s becoming a bigger problem in terms of both practicality and security as crypto adoption increases.
DeFi platform Oasis to block wallet addresses deemed at-risk
Users report that their sessions were disconnected when trying to interact with Oasis with allegedly high risk wallets.
13 apps removed after researchers uncover Trojan crypto wallet scheme
The scheme, which has been in operation since May 2021, targeted Chinese users through social media groups and fake websites.