What is a seed phrase and why is it important?
It’s crucial to remember your seed phrase, which is a string of random words produced by your cryptocurrency wallet when you initially set it up. Go to Source Powered by WPeMatico
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Millions of dollars in ETH lie unclaimed in presale wallets — but there’s a way to get them back
Did you know that over 500 Ethereum presale wallets are yet to be recovered… and collectively, they have a value of several billion dollars? Go to Source Powered by WPeMatico
FDIC-FTX spat is another reason for investors to self-custody their funds
Between the collapse of Celsius and the FDIC’s warning to FTX, consumers should be awakening to the benefits of moving their funds off of centralized exchanges. Go to Source Powered by WPeMatico
Ukraine Blocks Crypto Wallet Used to Raise Funds for Russian Forces
The law enforcement and counter-intelligence agency of Ukraine has managed to seize the funds in a cryptocurrency wallet used to finance the Russian military campaign in the country. Officials in Kyiv claim that money collected through the wallet has been spent on military equipment for the pro-Russian separatist forces in the east. Ukraine Seizes Crypto … Read more
Bitcoin won’t hedge inflation until it hits 1B wallets: Scaramucci
The Skybridge Capital CEO said Bitcoin needs much more proliferation before it can act as an inflation hedge. Go to Source Powered by WPeMatico
Organizations look toward multiparty computation to advance Web3
Multiparty computation is being leveraged to ensure private key security and decentralization within Web3 platforms. But why use it? Go to Source Powered by WPeMatico
Solana-hacked crypto could be claimed as a tax loss: Experts
Australian, Canadian & U.K. crypto investors may potentially claim hacked crypto as a tax loss, but U.S. investors will miss out, according to tax experts. Go to Source Powered by WPeMatico
Self-custody isn’t for everyone: WisdomTree exec on ‘be your own bank’
As self-custody puts a lot of responsibility on a user, many may find self-custody way too uncomfortable or too hard to handle. Go to Source Powered by WPeMatico
Binance, KuCoin, OKX CEOs flex security amid Solana FUD storm
Parallel to the ongoing investigations of the Solana fiasco, CZ warned investors of “an active security incident on Solana” that drained funds in SOL and USDC off over 7000 wallets. Go to Source Powered by WPeMatico
BTC wholecoiners up by 40K since June crash began
A sharp fall in the cryptocurrency’s price in May and June appears to have coincided with the increase in wallet addresses holding more than one Bitcoin. Go to Source Powered by WPeMatico
