private keys – DIGIT INFO

How to backup your crypto wallet private keys

To securely backup your crypto wallet private keys, create an encrypted offline copy on a hardware wallet or write them on paper.

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Ledger hardware wallet rolls out cloud-based private key recovery tool

Ledger emphasized that the ID checks required for its private key recovery tool are not like KYC checks as they require “much less” information.

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CoinEx hack – compromised private keys led to $70M theft

CoinEx confirms that compromised private keys gave hackers access to hot wallets, leading to $70 million hack.

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Brazilian crypto streamer loses $50K by accidentally exposing private key

The risks of cryptocurrency self-custody are real and should not be underestimated as the private key can be stolen, destructed or lost.

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Ledger releases white paper for hardware wallet seed recovery tool

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.

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Atomic Wallet says hack affected 1% of active users, but investors claim otherwise

In the aftermath of the attack, Atomic Wallet — along with individual blockchain investigators — have amped up efforts to track and revert stolen funds.

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Ledger CEO says crypto key recovery service makes self-custody easier

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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Kaspersky Uncovers Counterfeit Trezor Wallets That Jeopardize Crypto Assets With Pre-Knowledge of Private Key

Kaspersky, the multinational cybersecurity and anti-virus provider, made a startling revelation on May 10th. According to their report, a victim of a crypto hack had unwittingly purchased a counterfeit Trezor Model T from a “trusted seller through a popular classifieds website.” The researchers at Kaspersky were able to extract the custom firmware that the hackers […]

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‘The Future of Digital Payments Lies in Web3 Payment Services’ Says Robert Miller of Fuse

Despite not being mainstream payment solutions yet, cryptocurrency-based payments (also known as Web3 payments) already bring benefits such as lower transaction fees, Robert Miller, the vice president of growth at Fuse, a layer 1, EVM-compatible blockchain for launching dapps, has asserted. For merchants, Web3 payments come with the added benefit of what Miller called protection […]

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Solana’s Crypto and Web3 Smartphone ‘Saga’ Available to the General Public on May 8

Solana’s cryptocurrency and Web3 smartphone, Saga, will be available for purchase on Monday, May 8, 2023. Crafted by OSOM, the Android smartphone is designed specifically for Web3 applications and enables users to self-custody crypto assets using its Seed Vault feature. Solana Smartphone Saga Ready for the Masses Solana Labs, Inc., the company behind the Solana […]

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