Civic Wallet Now Offers $1M ‘FDIC-Like Insurance’ for Crypto March 31, 2020

Civic Wallet is a multi-signature non-custodial wallet that now comes with a $1,000,000 guarantee from Coincover. Civic Technologies (CVC) has been known in the crypto space as one of the leading providers of decentralized identity and is now purportedly the first company to offer a non-custodial wallet with $1,000,000 protection. The wallet is currently in […]

VeChain Loses $6.6M in VET Tokens to Hacker in Attack on Buyback Wallet December 14, 2019

Note: This story has been updated to provide more details about the incident. VeChain Foundation’s wallet has been compromised in a hacker attack targeting funds earmarked for the foundation’s buyback program. Per a VeChain Foundation announcement on Dec. 13, an unknown hacker has redirected 1.1 billion VET tokens — valued at approximately $6,600,000 at press […]

Ripple Transfers 1 Billion XRP Tokens From Escrow Wallet and Back Again December 3, 2019

Whale Alert, the ever-vigilant live tracker for cryptocurrency transactions, noted that Ripple transferred a total of 1 billion XRP tokens from its escrow wallet on Dec. 2. The blockchain-based payments firm moved the massive amount of tokens in two separate transactions, worth around $219 million in total as of press time. Interestingly, the company transferred […]

With New Crypto Hardware Wallet, Evercoin Takes Aim at Trezor and Ledger November 13, 2019

Evercoin announced the launch of Evercoin 2 today, Nov. 12, at New York Consensus Invest Summit. Evercoin claims that its new wallet is the safest hardware wallet currently on the market, providing users with an end-to-end encrypted ownership solution for cryptocurrency storage.  Powered by YubiKey 5ci —  a security key designed to deliver strong hardware-backed […]

Binance’s Trust Wallet Releases Desktop App for MacOS August 13, 2019

The Binance-owned digital currency wallet, Trust Wallet, has released a desktop application for macOS. The team behind Trust Wallet announced the development in a tweet today, Aug. 12, also revealing that the wallet will be available in the Mac App Store shortly. In a series of tweets, Trust Wallet founder Viktor Radchenko disclosed that support […]

Computer Researcher Finds Wallet Vulnerability That Gave Same Key to Multiple Users May 27, 2019

Online cryptocurrency paper wallet creator WalletGenerator.net previously ran on code that caused private key/public key pairs to be issued to multiple users. The vulnerability was described in an official blog post by security research Harry Denley of MyCrypto on May 24. According to the post, the bad code was in effect by August 2018, and […]

Crypto Wallet Startup Ledger Detects Phishing Malware Targeting Desktop App April 26, 2019

Hardware cryptocurrency wallet manufacturer Ledger has detected malware targeting its desktop application, according to a tweet on April 25. Ledger warned its users that the malware locally replaces the Ledger Live desktop app with a malicious one, and advised to follow security practices published on its blog. The company’s Twitter announcement specifically reads: “WARNING: we’ve […]

Electrum Faces Another Fake Wallet Attack, Users Reported to Lose Millions of Dollars April 8, 2019

Bitcoin (BTC) wallet service Electrum is facing an ongoing Denial-of-Service (DoS) attack on its servers, the company reported on Twitter on April 7. According to tech news website The Next Web, the new attack has caused users to lose estimatedly millions of dollars to date, with a single person alone reportedly losing about $140,000. The […]

‘No Wallet Needed’: Mobile Cryptopunk Game Announces a New Approach to Non-Fungible Tokens February 26, 2019

Estonian game developer Ether Dale is ready to implement its new system — dubbed “Side-chain 2.0” — to its multi-blockchain mobile game Glitch Goons. The company says its aim is to build a platform on which people who are not familiar with blockchain can easily create, trade and exchange non-fungible tokens (NFTs). Easy way to […]

Abra Wallet and Exchange Service Introduces Token That Tracks Crypto Index October 4, 2018

Digital currency wallet and exchange Abra has launched support for a new token, BIT10, that tracks the Bitwise 10 Large Cap Crypto Index, according to an announcement published Oct. 3. The Bitwise 10 Large Cap Crypto Index was developed by cryptocurrency asset management firm Bitwise Asset Management and is reportedly listed exclusively on Abra. The […]

Cryptocurrency Exchange Binance Buys Ethereum Wallet Service in First-Ever Acquisition July 31, 2018

Binance, one of the world’s two largest cryptocurrency exchanges, has just completed its first-ever acquisition. According to TechCrunch, the Malta-based exchange operator acquired Trust Wallet, creator of the eponymous mobile Ethereum wallet that includes support for ether, as well as ERC-20 and ERC-223 tokens. Terms of the deal have not been disclosed, but Binance confirmed […]

Crypto Wallet to Replace Private Keys With Encrypted QR Codes July 27, 2018

Decentralized cryptocurrency wallet SafeWallet is launching a new QR code-based user identification system to replace mnemonic phrases and private keys, the firm announced Friday. The app, operated by China-based Cheetah Mobile, will use a two-tier security system to grant users access to their holdings, according to a press release. The first stage will have users scan […]

A Cutting-Edge Multi-Cryptocurrency Hardware Crypto-Wallet from OraSaifu is About to Hit the Global Market July 21, 2018

This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned […]