According to Elliptic, a blockchain analysis company, an estimated 5,500 crypto wallets have been affected by the attack.
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According to Elliptic, a blockchain analysis company, an estimated 5,500 crypto wallets have been affected by the attack.
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A look at the different techniques employed by crypto phishing scammers and how users can stay protected.
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Ledger’s “Recover” service may be concerning, but some crypto industry participants think the feature may onboard new users while helping crypto natives.
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Ledger Recover is an OTA firmware update, which would allow users to back up their seed phrases by third-party entities only if a user chooses to opt-in to the new service.
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Developers say third-party apps can’t access Ledger users’ keys without the owner’s consent.
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Many members of the crypto community believe Ledger’s latest seed phrase recovery feature is a bad idea.
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Cryptocurrency users are once again reminded about the importance of using only authentic hardware wallets.
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A researcher at the Ethereum Foundation said he had “internally” discovered that staking Ether reveals a user’s IP address information.
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Trust Wallet has partnered with MoonPay and Ramp to allow customers to convert their crypto to fiat without using any centralized exchange.
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