Category: Wallets

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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. Bitcoin (BTC) investors have been increasingly moving their holdings to self-custody solutions following the collapse of the world’s second-largest crypto exchange last week. On-chain exchange flow data is showing a surge in withdrawals to self-custody wallets, according to…
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Ethereum Wallet Metamask Adds Bank-to-Crypto Transfers via Sardine

According to a Consensys blog post published on October 11, the Ethereum-based wallet Metamask has added instant bank-to-crypto transfers via the automated clearing house (ACH) settlement merchant Sardine. Metamask Users Can Swap Fiat for Over 30 Crypto Tokens On Tuesday, the crypto firm Consensys published an announcement that explains the ETH wallet Metamask has added…
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Key EU Parliament Committee Approves MiCA Deal to Regulate Crypto

European Parliament’s economic committee has backed the adoption of the comprehensive Markets in Crypto Assets (MiCA) regulation. It has also supported the introduction of rules for tracing cryptocurrency transfers, part of the latest EU anti-money laundering push. European Union’s MiCA Crypto Law Passes Another Hurdle Before Final Adoption The European Parliament Committee on Economic and…
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EU Bans Crypto Services for Russians in New Sanctions Over Ukraine Escalation

An array of crypto-related services have been targeted in the latest round of sanctions on Russia approved by the EU. The measures are part of an expected tightening of the economic and financial restrictions in response to Moscow’s decision to annex Ukrainian territories. EU Council Adopts Full Ban on Crypto Wallet and Custody Services for…
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A Step-by-Step Guide on How to Access Your ETHW Tokens if You Held ETH Before The Merge

With the new Ethereumpow (ETHW) network launch, ethereum holders are eligible to receive a single ETHW for every ether they own. The following is a simple guide that shows ethereum holders how to access their ETHW tokens using a wallet like Metamask. Accessing the ETHW Network via Metamask’s Network Settings 16 days ago, Ethereum transitioned…
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Robinhood Debuts Web3 Crypto Wallet to 10K Customers — Beta Version Supports Polygon

The American financial services company headquartered in Menlo Park, California, Robinhood Markets, Inc., announced the launch of a new non-custodial Web3 crypto wallet on Tuesday and said the product supports the Polygon blockchain network. The application is currently for iOS users only and Robinhood is rolling out the beta version of the Web3 wallet to…
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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. 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…
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Linux Launches Foundation to Bolster Open-Source, Multi-Purpose Crypto Wallets

On Tuesday, the non-profit technology consortium, the Linux Foundation, announced the launch of the Openwallet Foundation (OWF) in order to bolster the development of open-source crypto wallets. OWF’s goal is to increase “interoperability for a wide range of wallet use cases” and to develop a “secure, multi-purpose open source engine” that anyone can use to…
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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. 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,…
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Hackers Are Cloning Web3 Wallets Like Metamask and Coinbase Wallet to Steal Crypto

Confiant, an advertising security agency, has found a cluster of malicious activity involving distributed wallet apps, allowing hackers to steal private seeds and acquire the funds of users via backdoored imposter wallets. The apps are distributed via cloning of legitimate sites, giving the appearance that the user is downloading an original app. Malicious Cluster…
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