BitKeep exploiter used phishing sites to lure in users: Report

The Bitkeep exploit that occurred on Dec. 26 used phishing sites to fool users into downloading fake wallets, according to a report by blockchain analytics provider OKLink. The report stated that the attacker set up several fake Bitkeep websites which contained an APK file that looked like version 7.2.9 of the Bitkeep wallet. When users […]

How do crypto hardware wallet firms make money?

The hardware wallet industry has emerged as one of the most resilient sectors to the ongoing cryptocurrency winter, with issues like the FTX crash bringing in even more cold wallet sales. The bear market of 2022 has once again reminded crypto investors of the importance of self-custody and independence from centralized exchanges (CEX). As a […]

What is a seed phrase and why is it important?

A seed phrase might be confusing and probably you might be wondering how a seed phrase looks and maybe how it is created. The seed phrase is generated by a cryptocurrency wallet and the user has no way of customizing it. The words generated are derived from a list of 2048 words. So, how many […]

FDIC-FTX spat is another reason for investors to self-custody their funds

Searching for more evidence that self-custody of your cryptocurrency holdings beats a centralized manager? Look to the latest action by the Federal Deposit Insurance Corporation (FDIC). The agency sent a letter to FTX Exchange this month — along with four other entities — that included a cease and desist order for “false and misleading statements.” […]

Warning: Smartphone text prediction guesses crypto hodler’s seed phrase

Seed phrases, a random combination of words from the Bitcoin Improvement Protocol (BIP) 39 list of 2048 words, act as one of the primary layers of security against unauthorized access to a user’s crypto holdings. But, what happens when your “smart” phone’s predictive typing remembers and suggests the words next time you try to access […]

Seven common mistakes crypto investors and traders make

Investing in cryptocurrencies and digital assets is now easier than ever before. Online brokers, centralized exchanges and even decentralized exchanges give investors the flexibility to buy and sell tokens without going through a traditional financial institution and the hefty fees and commissions that come along with them. Cryptocurrencies were designed to operate in a decentralized […]

MetaMask rolls out Apple Pay integration and other iOS updates

ConsenSys-owned MetaMask tweeted a thread of updates on Tuesday for iPhone and Apple Pay users. The main feature is the ability to buy cryptocurrency using a debit or credit card through the mobile application, eliminating the need to transfer Ethereum (ETH) from a centralized exchange like Coinbase into the app.  MetaMask Mobile v4.3.1 is LIVE […]