Auto Added by WPeMatico

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…

Continue ReadingHackers Are Cloning Web3 Wallets Like Metamask and Coinbase Wallet to Steal Crypto

Robinhood Launching New Non-Custodial Web3 Crypto Wallet

Trading platform Robinhood is launching a non-custodial, web3 cryptocurrency wallet. “Customers will be able to hold the keys for their own crypto,” the company said. Robinhood Building Non-Custodial, Web3 Wallet…

Continue ReadingRobinhood Launching New Non-Custodial Web3 Crypto Wallet

Russian Bankers Suggest Criminalizing Crypto Storage in Non-Custodial Wallets

Keeping cryptocurrencies in non-custodial wallets may be criminalized in Russia, if authorities accept a proposal from the trade association representing Russian banks. While financial regulators think the idea deserves attention,…

Continue ReadingRussian Bankers Suggest Criminalizing Crypto Storage in Non-Custodial Wallets

Robinhood Crypto Wallets Rolled Out to Over 2 Million Customers

Trading platform Robinhood has rolled out its new crypto wallets to more than two million customers. In addition, Robinhood CEO Vlad Tenev announced that the platform will integrate with the…

Continue ReadingRobinhood Crypto Wallets Rolled Out to Over 2 Million Customers

EU Lawmakers Back Regulation Threatening Unhosted Crypto Wallets, Defi Space

Members of the European Parliament have approved a controversial regulation that could undermine the decentralized finance (defi) sector in the EU. Some of its provisions, which are yet to be…

Continue ReadingEU Lawmakers Back Regulation Threatening Unhosted Crypto Wallets, Defi Space

Number of Addresses Holding BTC Taps 40 Million, Non-Zero Bitcoin Address Metric Grew 92% Since 2018

While bitcoin has risen in value in recent times, jumping 8% during the last seven days, statistics show that the number of addresses holding bitcoin has surpassed 40 million addresses.…

Continue ReadingNumber of Addresses Holding BTC Taps 40 Million, Non-Zero Bitcoin Address Metric Grew 92% Since 2018

Investors Inject $450 Million Into Consensys, Ethereum Incubator Now Valued at $7 Billion

The Ethereum software firm Consensys has announced the incubator has raised $450 million in a Series D funding round led by Parafi Capital. The latest financing brings the company’s valuation…

Continue ReadingInvestors Inject $450 Million Into Consensys, Ethereum Incubator Now Valued at $7 Billion