LHV Bank founder has $470M worth of Ether, but lost his private key
Rain Lõhmus, the founder of LHV Bank told Estonian media last month he’s not made much effort to recover the funds, but is willing to pay someone who can. Go to Source
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Telegram Wallet avoided self-custody to ease crypto onboarding, COO says
As Telegram prepares to roll out Telegram Wallet as a native setting on the messenger in November, it’s important to understand why Wallet opted for custody over self-custody. Go to Source
VC Roundup: private accounts, tokenization, and healthcare infrastructure grab investors’ attention
Nocturne, Untangled Finance, Account Labs, Rymedi, and Waterfall network secure venture capital funding in the latest funding blitz. Go to Source
Web3 wallet Backpack to launch VASP-licensed crypto exchange in Dubai
The Backpack exchange has bagged operational licenses across several jurisdictions worldwide over the past five months, according to the company announcement. Go to Source
Crypto Biz: BlockFi emerges from bankruptcy, Worldcoin halts USDC payments and more
This week’s Crypto Biz looks at BlockFi’s emergence from bankruptcy, BlackRock’s spot Bitcoin ETF developments, Worldcoin’s operator payment scheme upgrades and more. Go to Source
Bitget releases MPC wallet, includes 2/3 private key sharding
Cryptocurrency exchange Bitget has released a MPC wallet to improve asset security and user experience. Go to Source
Atomic Wallet freezes $2M in ‘suspicious deposits’ on exchanges
This was the result of a collaboration between Atomic Wallet, forensic companies and centralized exchanges following reports from users claiming unauthorized transactions from their wallets. Go to Source
Apple briefly pulls MetaMask from App Store
MetaMask was removed from Apple’s App Store for a few hours on Oct. 14, reviving concerns about legal challenges with Big Techs. Go to Source
Ordswap urges users to recover keys after losing control of website
Before it was taken down, Ordswap users said the compromised website directed users to a phishing link. Go to Source
Ledger lays off 12% of staff, citing ‘macroeconomic headwinds’
The wallet manufacturing firm reportedly had roughly 734 employees at the time of publication, suggesting that roughly 88 people may have lost their jobs. Go to Source
