Tags: Hot wallet

Cointelegraph sat down with Trust Wallet CEO Eowyn Chen to talk about how Web3 can become a better experience for everyone.

The Estonia-based firm noted that only one plaintiff in the class action lawsuit is actually based in Colorado where the suit was filed.

Blockchain security firm CertiK believes the $2.4 million draining of a CoinSpot hot wallet is likely the result of a “private key compromise.”

The proposal would affect retail transactions carried out from crypto wallets, but not crypto trading.

The hacker’s wallet with more than $100K worth of USDT was blacklisted and frozen, while the Victim had been drained for almost $170K worth of NFTs and other assets.

A series of attacks drained the wallets of BTC users by exploiting a faulty random seed generation algorithm.

Fireblocks said the vulnerabilities affecting Coinbase, Binance, and Zengo have since been fixed and has reached out to more than 12 others still at risk.

Cybersecurity certification platform CER said the vast majority of wallets do not hire outside experts to perform penetration tests.

Bitrue executives promised to fully compensate all the identified users affected by the hot wallet hack that accounted for 5 of all funds on the exchange.

The new features allow a user to manage which servers are able to receive their IP address.

Lead on-chain analyst at Glassnode, James Check, explains why taking self-custody of your private keys has become more important than ever and how to do it in a few simple steps.