Ethereum co-founder Vitalik Buterin took to social media to tout the benefits of using multi-sig and social recovery wallets for self-custody of crypto assets. Buterin said that self-custody is important as centralized entities can become untrustworthy and people can lose their funds without notification. However, he added that being solely responsible for the entirety of…
Ad ZachXBT blasted Algorand’s failure to “acknowledge” an ongoing wallet drain hack. The self-described “on-chain sleuth” said the Algrorand users had lost millions of dollars in the attack. Yet the project is continuing to drag its feet in helping those affected. “How about you clowns actually acknowledge the on-going attack stealing millions from community members…
Ad Ethereum developer Yoav Weiss announced ERC-4337, or “smart accounts,” at WalletCon in Denver, Colorado, on March 1. ERC-4337 (formerly EIP-4337) is also known as account abstraction. It provides a basis for various features such as account recovery and group-access wallets. Other possible applications include bundled and sponsored transactions for reduced transaction fees. It will…
Ad Polygon Labs announced that it has open-sourced its Web3 ID solution, as indicated in a blog post from the company on March 1. Polygon initially announced the suite of tools in March 2022 and released it over course of the year. The toolset allows developers to leverage zero-knowledge proofs (or zk-proofs) to manage user…
Ad Crypto exchange platform Robinhood‘s wallet application launched on the iOS application store on Mar. 1, according to the announcement published on the Robinhood blog. The announcement states that the users can earn a one-time reward of up to 5 USD Coin (USDC) if they transfer $10 to the wallet app using their Robinhood Crypto…
Ad Intu — a decentralized account management protocol for web3 designed to make it more user-friendly — emerged from stealth mode and announced its beta launch during ETHDenver Buidl week on February 24th. Intu announced on Feb. 20 that it had secured $2 million in pre-seed funding from notable crypto industry players — including CoinFund,…
Ad MetaMask parent company Consensys has confirmed a partnership with payment provider Mercuryo to allow users to purchase crypto directly using their bank cards, and other local payment methods. The hassle of identity verification on centralized exchanges has deterred many users with little crypto experience from on-ramping their fiat to crypto for use in decentralized…
Ad In Nov 2022, the world experienced the sudden fall of one of the largest crypto exchanges in the crypto sphere. FTX mainly faced a liquidity crisis, and its founder and former CEO, Sam Bankman-Fried (SBF), was linked to the mayhem. Consequently, the incident that happened in a matter of days impacted the entire crypto…
Ad Non-custodial wallet provider MetaMask has warned users against revealing their secret recovery phrase via a phishing email sent from Namecheap. Email service provider Namecheap confirmed that its email account was breached on Feb. 12 — due to a compromise in its upstream system provider. As a result, phishing emails were sent to steal the…
Latest Report Is the crypto bottom in? On-chain says yes, macro says pain occurs after the fed pause Is Bitcoin poised for a new low or has the bottom been set at $15,500? CryptoSlate analyzed on-chain and macro data to present both sides of the argument. Andjela Radmilac · 4 days ago