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Showing posts with the label wallet

Popular Bitcoin wallet bans United States citizens from its service

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The Wasabi Wallet provider, zkSNACKs, announced it now prohibits U.S. citizens and residents from using its services. This decision came to light on April 27 amid a United States regulatory and enforcement crackdown on Bitcoin (BTC) wallets. Notably, Wasabi Wallet is one of the most popular Bitcoin wallets focused on privacy solutions. As announced, zkSNACKs has started “blocking U.S. citizens and residents from visiting its websites, downloading and using Wasabi Wallet, and any related products and service s, including APIs and RPC interfaces.” Picks for you ‘Final warning’ as Bitcoin faces imminent devastating capitulation 9 mins ago Has Bitcoin topped out? Peter Brandt signals potential end of bull run 34 mins ago Opportunity? Silver to face historical deficit as industrial demand grows 2 hours ago Buy signal for Ethereum as gas fees drop to 6-month low 2 hours ago The prohibition extends to anyone with a United States passport o...

PEPE leadership blames shady wallet activity on ‘nefarious ex-team members’

The PEPE token team has stepped forward to shed light on a series of bizarre wallet transactions that had market watchers buzzing with speculation. In a statement communicated via X on Jan. 26, the meme coin’s current leadership separated itself from these activities, suggesting involvement by “nefarious” former team members . It has come to our attention that there has been a recent action in the $PEPE deployer. These transactions and any future transactions from the deployer wallet have no association to the remaining team of $PEPE and Pepe is not associated with any other projects or tokens. These… pic.twitter.com/4qjLNqkYgr — Pepe (@pepecoineth) January 26, 2024 This response from PEPE springs from a need to address the swelling uncertainties following notable transactions in the meme coin’s deployer wallet . Market participants were left in the dark about the specifics of these transactions, but the team’s swift denial of any current affiliation poin...

Wallet providers introduce BRC-20 token support despite market drawdown

There are currently more than 34,000 types of BRC-20 tokens in circulation. On June 21, self-custody wallet provider BitKeep announced support for BRC-20 tokens issued on the Bitcoin network. With the feature, users can view, rank and transfer BRC-20 tokens and nonfungible tokens (NFTs). Developers also stated BRC-20 in-wallet swaps are coming “in [the] future."  Last month, cryptocurrency exchange OKX also announced support for BRC-20 assets via the OKX Wallet app. Many centralized and decentralized exchanges have also rolled out BRC-20 support.  Although bullish on its outlook, Trust Wallet currently does not support BRC-20 token s. They also cannot currently be stored on MetaMask.  Best wallet for your #BRC20 assets! ️ Great news: BitKeep now supports #BTC #Taproot addresses! Easily manage your #Ordinals BRC20 Token/NFT assets in BitKeep wallet, and complete transactions with a simple click In future, we will also support the BRC20 #Swap function! pic.twitter.com/W48wsNH5k...

Algorand facing criticism for ignoring the week-old MyAlgo wallet hack

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Join Our Telegram channel to stay up to date on breaking news coverage Over a week ago, on February 27th, wallet provider MyAlgo posted an urgent recommendation to its users, advising them to withdraw funds from Mnemonic wallet s stored in MyAlgo. This was, of course, in response to the wallet drain hack that targeted the wallet users and Algorand holders. IMPORTANT: ⚠️We strongly advise all users to withdraw any funds from Mnemonic wallet s that were stored in MyAlgo. As we still don't know the root cause of recent hacks, we encourage everyone to take precautionary measures to protect their assets. Thank you for your understanding. — MyAlgo (@myalgo_) February 27, 2023 However, Algorand itself failed to react or even acknowledge and address the issue. According to ZachXBT, the self-described “on-chain sleuth,” the project’s users have lost millions of dollars in the attack. However, Algorand continues to behave as if nothing happened,...

Solana Spaces will close New York and Miami stores 7 months after opening

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Norby said the “experiment” was part of a plan to onboard more people onto Solana, however the stores didn’t bring in as many users as they initially hoped. Solana Spaces will close down its two Solana (SOL)-themed, community-oriented retail stores in New York City and Miami at the end of the month, as the physical stores didn't onboard as many users as it initially anticipated. Solana Spaces tweeted the news on Feb. 21 sharing a note from its founder, Vibhu Norby, explaining the reasons behind the store shutdowns. The following is a note from our founder, @vibhu. Dear @solanaspaces community, We’ve made the difficult decision to sunset our stores in NYC and Miami by the end of February, and to pivot our Solana onboarding efforts into digital products like DRiP, our free NFT product with… https://t.co/kjNu9Ay4Gk — Solana Spaces (@solanaspaces) February 21, 2023 Norby — who founded Solana Spaces in early 2022 — explained the company reached an “inflection point” with the stores...

Hackers takeover Azuki’s Twitter account, steal over $750K in less than 30 minutes

The majority of the funds stolen were from a single wallet which had $751,321.80 USDC drained from the malicious link. Azuki, a popular nonfungible token (NFT) project, had its Twitter account compromised on Jan. 27 leading to hackers stealing over $750,000 worth of USD Coin (USDC) by posting a malicious “wallet drainer link” posed as a virtual land mint. Hackers stole $751,321.80 USDC from a single wallet within half an hour of the malicious links being tweeted, according to Etherscan data provided to Cointelegraph by crypto wallet security firm Wallet Guard. The data also revealed that Hackers stole a further $6,752.62 worth of USDC from various wallets holding 11 NFTs and over 3.9 Ether (ETH). Wallet Guard stated that the total amount stolen was $758,074.42. Emily Rose, community manager for the anime-inspired NFT project confirmed via Twitter on Jan. 27 that the Azuki account was hacked, warning users not to click any links from Azuki’s Twitter account . AZUKI OFFICIAL TWITTER AC...