Wallet

A Bitcoin (CRYPTO: BTC) transfer of nearly $1 billion has caused a stir in the cryptocurrency market. What Happened: The transfer, which originated from Coinbase, was sent to an unidentified wallet, leading to speculation about potential institutional accumulation or a significant holder...

A Bitcoin (CRYPTO: BTC) wallet valued at $250 million has sprung back to life after an eight-year hiatus, triggering a wave of speculation among cryptocurrency enthusiasts. What Happened: A Bitcoin wallet, initially valued at around $3 million in 2017, has recently become active after eight years...

Bitcoin (CRYPTO: BTC) is celebrating its 15th birthday. But this past year was especially celebratory, as the number of Bitcoin millionaire wallets skyrocketed by 300%. There are now over 91,000 such wallets, nearly four times as many as this time last year, according to analytics firm...

Block Inc (NYSE: SQ), a company established by Jack Dorsey, has launched its self-custody Bitcoin (CRYPTO: BTC wallet, Bitkey, now accessible in over 95 countries. What Happened: Self-custody Bitcoin wallet, Bitkey will be available as a mobile app or hardware storage and will highlight a two-...

Ethereum (CRYPTO: ETH), the second-largest crypto token, has gone up by 73% over the past year, climbing 26% in the past month alone. The anticipation of a spot Bitcoin ETF approval has driven the surge. Leveraging the boom, ETH investors have been increasing their holdings, with...

Cybersecurity firm Unciphered revealed information about a vulnerability that it says can affect wallets generated by BitcoinJS. What Happened: While Unciphered was trying to retrieve a Bitcoin wallet, it found a potential issue called "Randstorm.” It will mainly impact crypto wallets...

Web3 wallet company Backpack received a Virtual Asset Service Provider (VASP) license from the Dubai Virtual Assets Regulatory Authority (VARA) for Backpack Exchange, which will provide crypto exchange services in Dubai. What Happened? Backpack is also behind Mad Lads, a...

Mastercard Inc (NYSE: MA) wants to team up with self-custody wallet firms such as MetaMask and Ledger, according to a Web3 strategy workshop presentation, reported CoinDesk.  The company believes the payment card can assist wallet providers in increasing active users,...

The U.S. Securities and Exchange Commission (SEC) will review Grayscale’s Bitcoin Trust ETF filing once more. Meanwhile, BlackRock’s iShares Bitcoin Trust was recently listed on Nasdaq-traded ETFs maintained by DTCC. The two instances have pushed Bitcoin (CRYPTO: BTC) and the broader...

Amid the rising popularity of social finance platforms and the increasing challenges faced by the crypto industry, security breaches remain a pressing concern. What Happened: In a recent incident, friend.tech wallet fell prey to a phishing scam, resulting in the loss of 22 Ether (CRYPTO: ETH)...

Upbit, the South Korea-based crypto exchange, will now use more cold wallets due to the surge in hacking attempts since 2020. In the first half of 2023, hackers tried to breach crypto exchange Upbit about 160,000 times, which is more than double the attempts in the first half of 2021 as...

Whales are major players in the industry who accumulate or dump tokens of various types of cryptocurrencies. They either take advantage of prices, macroeconomics, accumulate tokens or leverage falling prices to buy the token. Movements in whale activity sometimes impact the price of tokens and...

After sending out indications about Web5 and BitKey in June 2022, Block (NYSE: SQ) is officially launching its self-custody hardware wallet, BitKey. Benzinga's Future of Digital Assets conference, scheduled for Nov. 14, is poised to be a pivotal gathering for the digital assets...

After the crypto exchange HTX, formerly known as Huobi, suffered an $8 million loss due to a hack, Binance CEO Changpeng “CZ” Zhao stepped forward, offering his exchange’s security team to investigate the attack. The incident resulted in a reduction of around 5,000 Ethereum (...

MoneyGram International plans to launch a noncustodial wallet service beginning in 2024. Find out more on how financial services have blended with technology. Meet and engage with transformative Fintech business leaders and investors at Benzinga's exclusive event — Fintech...