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Scammers are spoofing the support email for hardware wallet maker Ledger, prompting users to share their seed phrases under the pretense of checking for a compromise. Go to Source
Mastercard partners with Mercuryo to launch a euro-denominated crypto debit card, enabling users to spend crypto from self-custodial wallets at over 100 million merchants. Go to Source
Remembering and deliberately missing a few words from a seed phrase backup is not a good idea, as one can hack up to four words. Go to Source
According to the crypto portfolio tracking app, Coinstats, suspected North Korea-linked hackers are believed to be behind the security breach on June 22, which impacted 1,590 user wallets, The Coinstats team has advised users with affected wallet addresses to immediately transfer their funds using their exported private keys. Coinstats App Shut Down Coinstats, the crypto … Read more
Crypto wallets, which act like wheels for the digital asset ecosystem, are now incorporating tech innovations such as biometrics, DID, AI and smart contracts. Go to Source
To securely backup your crypto wallet private keys, create an encrypted offline copy on a hardware wallet or write them on paper. Go to Source
Ledger emphasized that the ID checks required for its private key recovery tool are not like KYC checks as they require “much less” information. Go to Source
CoinEx confirms that compromised private keys gave hackers access to hot wallets, leading to $70 million hack. Go to Source
The risks of cryptocurrency self-custody are real and should not be underestimated as the private key can be stolen, destructed or lost. Go to Source
Despite facing notable criticism over the Ledger seed recovery tool, the hardware crypto wallet firm expects to launch the Ledger Recover tool in Q4 2023. Go to Source Powered by WPeMatico
