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Ledger CEO says crypto key recovery service makes self-custody easier
29.5.2023
Ledger’s “Recover” service may be concerning, but some crypto industry participants think the feature may onboard new users while helping crypto natives
Ledger CEO says ‘sharded’ wallet keys could be shared if subpoenaed
23.5.2023
The private seed phrases of Ledger users could be shared with governments if they are ordered to, but this is “not a real concern,” says CEO Paul Gauthier
Ledger co-founder clarifies "there is no backdoor" in Recover firmware update
20.5.2023
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
I run a Ledger competitor — but I support them in blow-up over keys
19.5.2023
Ledger’s latest update — aimed at making private seed phrases on its wallets recoverable — was simply an attempt to innovate and improve user security
Bitcoin advocate cracks known 12-word seed phrase in minutes
27.4.2023
If the words of a 12-word seed phrase are known, it’s deceptively easy to enter the wallet and sweep the funds
MetaMask denies claims of wallet exploit in 'massive' $10M hack
19.4.2023
MetaMask stated its security team is working with others in the Web3 wallet space to uncover the source of this exploit
MyAlgo users urged to withdraw as cause of $9.2M hack remains unknown
28.2.2023
The Algorand wallet provider said it still hasn't determined the cause of the attack, urging users to withdraw funds from wallets created with a seed phrase
'Haunts me to this day' — Crypto project hacked for $4M in a hotel lobby
7.2.2023
The co-founder of Webaverse said they somehow got their crypto hacked from their Trust Wallet during a meeting with two people claiming to be investors
How to keep your crypto safe in 2023: a few tips from an analyst
9.1.2023
Lead on-chain analyst at Glassnode, James Check, explains why taking self-custody of your private keys has become more important than ever and how to do it in a few simple steps
Police body cam leaks suspect's seed phrase during vehicle inspection
20.12.2022
A viral video making rounds on Twitter showed two police officers searching a suspect’s car and coming across pieces of paper, one of which contained seed phrases
Only 1% of people can handle crypto self-custody right now: Binance CEO
15.12.2022
Changpeng Zhao’s comments come as billions of dollars of stablecoins continue to flow out of the Binance exchange
Chinese VC loses $42M in crypto due to compromised mnemonic seed phrase
23.11.2022
Bo Shen previously suffered another devastating hack to his personal wallet in 2016
Web3 Must Overcome Significant UX Challenges to Reach Mass Adoption
12.11.2022
User experience (UX) design affects nearly every waking moment of our lives. It’s not just digital either. Have you ever thought about the UX of doors? Perhaps a brief refresher of what UX is, will help. A useful definition of UX is as follows: ”A person’s perception and responses that result from...
What is a seed phrase and why is it important?
27.8.2022
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
The worst places to keep your crypto wallet seed phrase
31.7.2022
A look at the best practices and worst hiding places for what could be the most important and wealthy possession in a home: a seed phrase
The 2 Most Common Airdrop Phishing Attacks and How Web3 Wallet Owners Can Stay Protected
18.6.2022
In the world of cryptocurrencies, decentralized finance (defi), and Web3, airdrops have become commonplace in the industry. However, while airdrops sound like free money, there’s been a growing trend of airdrop phishing scams that steal people’s money when they attempt to get...
Warning: Smartphone text prediction guesses crypto hodler’s seed phrase
1.5.2022
Redditor Andre highlighted the ease with which hackers can use the text prediction feature to drain a user’s funds just by being able to first word out of the BIP 39 list
New Bitcoin Quest Contest Gives People a Chance to Locate Crypto Seeds Hidden in Pictures
9.1.2021
There’s an online-sleuthing contest starting on January 21st called “Bitcoin Quest,” where individuals can leverage their crypto-analytical skills to hunt for mnemonic bitcoin seed phrases hidden in artwork. Winners who drain the artwork’s crypto holdings will be able to...
Zengo Is a Keyless Yet Noncustodial Bitcoin Wallet
3.2.2020
Zengo is a non-custodial mobile wallet that dispenses with private keys in favor of threshold signatures to create two ‘mathematical secret shares’ – one stored on your mobile device, the other on their servers. In other words, there’s no single point of failure and no risk...
Seed Phrase and Wallet Recovery Still Isn't Idiot-Proof
1.2.2020
Prominent gold bug and Bitcoin skeptic Peter Schiff is a genius. Okay, he isn't, but the apparent loss of his bitcoin (BTC) holdings has helpfully raised the topic of crypto-wallet security.
Yes, your holdings will most likely remain safe so long as you follow best practices, but the frequency with...