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New Android Malware Posing As Legitimate App Emerging, Stealing Seed Phrases of Crypto Users: Cybersecurity Firm

New Android Malware Posing As Legitimate App Emerging, Stealing Seed Phrases of Crypto Users: Cybersecurity Firm

Crypto wallet owners in Korea should be wary of a new type of mobile malware designed to steal seed phrases, warns the cybersecurity firm McAfee. A seed phrase is a collection of 12 to 24 random words used to restore access to a crypto wallet. McAfee researchers note the new malware threat, called SpyAgent, has […]

The post New Android Malware Posing As Legitimate App Emerging, Stealing Seed Phrases of Crypto Users: Cybersecurity Firm appeared first on The Daily Hodl.

SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin Collapse

New ‘Brokewell’ Smartphone Attack Drains Bank Accounts and Leaks Location, Posing ‘Significant Threat to Banking Industry’: Report

New ‘Brokewell’ Smartphone Attack Drains Bank Accounts and Leaks Location, Posing ‘Significant Threat to Banking Industry’: Report

Security researchers are issuing an urgent alert about a new malware attack that’s targeting Android users’ bank accounts. The malware, which has been nicknamed “Brokewell,” takes the form of a fake Google Chrome browser update webpage that mimics Google’s own messaging style, reports ThreatFabric. When users are directed to the page, they see a message […]

The post New ‘Brokewell’ Smartphone Attack Drains Bank Accounts and Leaks Location, Posing ‘Significant Threat to Banking Industry’: Report appeared first on The Daily Hodl.

SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin Collapse

‘Privacy Is Not a Crime’ — Samourai Indictment Provokes Strong Reactions From Crypto Advocates

‘Privacy Is Not a Crime’ — Samourai Indictment Provokes Strong Reactions From Crypto AdvocatesOn Wednesday, the U.S. Department of Justice from the Southern District of New York brought charges against the creators of Samourai Wallet for running an unlicensed money transmission service and for engaging in money laundering activities. This development has left the cryptocurrency community in dismay, with many expressing their displeasure over the aggressive measures employed […]

SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin Collapse

Uniswap launches Android wallet app with built-in swap function

The Uniswap Android app has finished beta testing and is now publicly available.

Uniswap Labs has publicly released an Andriod mobile wallet app with built-in swap capability on the Google Play store.

The new app allows users to make swaps through the decentralized exchange (DEX) from within the app, eliminating the need for a separate web browser extension, Uniswap Labs vice president of design Callil Capuozzo told Cointelegraph.

The app was released in a closed beta on Oct.12, but this is the first time the Android version has become available to the general public. An iOS version was released in April.

Uniswap mobile app demo. Source: Uniswap Labs

Uniswap currently has over $3 billion of crypto locked up in its contracts. The DEX was developed by Uniswap Labs and is governed by the Uniswap decentralized autonomous organization, UniswapDAO.

Capuozzo said after hearing user feedback, the team changed the location of the app’s wallet address display, making it potentially easier for users to cut and paste their address.

Capuozzo said Uniswap added support for new languages and now supports English, Spanish, Japanese, Portuguese, French and Chinese — both traditional and simplified — and added a setting that allows users to view the value of their crypto in their local currency.

Related: Uniswap starts charging fees for some swaps, but not for wrapping Ether

Capuozzo added that Uniswap’s Android app was one of the most requested items the team has been asked for and is expecting demand to be high.

“We’ve been hearing from Twitter replies and our community — they’re always asking ‘When Android? When Android?’” Capuozzo said. He emphasized the team encourages users to continue to submit improvement suggestions.

SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin Collapse

Uniswap launches Android wallet beta for Google Play

Uniswap launched a beta version of its wallet app for Android, paving the way for a Google Play Store launch once testing is complete.

Decentralized crypto exchange Uniswap launched a closed beta Android version of its mobile app on October 12, according to a blog post from the app’s development team. Uniswap has previously only been available on PC and iOS mobile devices.

Uniswap is the world’s largest decentralized crypto exchange by cumulative volume, having processed over $1.7 trillion worth of trades since its inception, according to data from DeFi Llama. Most of its trades have been done via a web-based application. However, the team launched a mobile app for iOS on April 13. Prior to this date, the team had complained that Apple was holding up the app’s launch in the Apple App Store. Even after getting the green light from the App Store, Uniswap still did not have a dedicated app for Android devices.

According to the Oct. 12 announcement, the new Android beta app allows users to select coins on different chains without switching networks. It automatically detects which network a coin is on and switches to that network without the user prompting it to. It can be used on Polygon, Arbitrum, Optimism, Base and BNBChain currently, with more chain compatibility slated for the future.

The wallet also routes Ethereum transactions through a private pool in order to help avoid front-running and sandwich attacks, although this feature can be turned off if the user prefers. In addition, it automatically detects most coins that have built-in transfer fees. These fees are displayed in the interface, making the user aware of them.

Related: Google Assistant will soon incorporate Bard AI chat service

The announcement linked to a signup for an email waitlist, which it stated will be used to roll out copies of the app to early adopters. The team also plans to release the app’s open-source code in the coming weeks, as part of its security audit with Trail of Bits.

Uniswap is not the only decentralized exchange to offer a mobile wallet. In 2021, 1Inch launched a mobile wallet for iOS, and an Android version of it was published in October.

SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin Collapse

OpenAI launches official ChatGPT app for Android

The company provided a preorder page in the Google Play Store, allowing users to register for installation once the app is ready.

On July 21, OpenAI revealed its plan to launch an Android version of the popular artificial intelligence (AI) ChatGPT chatbot in the coming week. The launch follows its release to iOS users in May.

The company announced the launch in a tweet and provided a preorder page in the Google Play Store, allowing users to register for installation once the app is ready.

The announcement follows OpenAI’s recent efforts to enhance the safety and transparency of its tools with initiatives like content watermarking. The company has been under scrutiny due to concerns about misinformation generated by its AI.

OpenAI highlights the Android app’s improved security measures compared to the web version. It will also offer features like conversation history synchronization across devices, similar to the iOS version.

By introducing Android and iOS apps, OpenAI directly competes with Microsoft’s Bing Chat, which also utilizes OpenAI’s GPT-4 technology. The apps are an alternative means to test large language models (LLMs) without relying on a web browser.

Related: AI21 Labs debuts anti-hallucination feature for GPT chatbots

The release coincides with Google rolling out its Bard chatbot in the European Union and Brazil. Other competitors are also emerging, such as Anthropic, with its Claude 2 assistant, which offers functionalities surpassing OpenAI’s paid version of ChatGPT. ChatGPT witnessed a decline in traffic in June — the first since its launch.

The crypto community has broadly embraced ChatGPT and other AI chatbots, with some even utilizing the technology to develop new tokens.

Magazine: AI Eye: AI travel booking hilariously bad, 3 weird uses for ChatGPT, crypto plugins

SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin Collapse

Solana’s Crypto and Web3 Smartphone ‘Saga’ Available to the General Public on May 8

Solana’s Crypto and Web3 Smartphone ‘Saga’ Available to the General Public on May 8Solana’s cryptocurrency and Web3 smartphone, Saga, will be available for purchase on Monday, May 8, 2023. Crafted by OSOM, the Android smartphone is designed specifically for Web3 applications and enables users to self-custody crypto assets using its Seed Vault feature. Solana Smartphone Saga Ready for the Masses Solana Labs, Inc., the company behind the Solana […]

SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin Collapse

Robinhood Wallet rolls out on iOS with Android support to follow

The full launch and removal of the 1 million waitlisted users come six months after Robinhood launched its beta version in September.

Trading platform Robinhood has launched its Web3 wallet on Apple’s App Store, becoming available to iOS users in over 130 countries.

Robinhood shared the news in a Mar. 1 post, stating that users would no longer need to sit on a waitlist to access the new multi-chain, self-custody wallet. It added that it will be supported on Android “later this year.”

Since the beta launch of the Robinhood Wallet in September, the trading platform integrated Ethereum — in addition to already supporting Polygon — and added 50+ ERC tokens to be bought, sold and held on the self-custody wallet.

Among the tokens now supported include USDC, UNI, MATIC and SHIB.

These tokens can be traded without paying transaction fees and users are able to use these cryptocurrencies to interact with a range of decentralized applications (Dapps).

A preview of the Robinhood Web3 Wallet. Source: Robinhood.

Robinhood Crypto general manager Johann Kerbrat said the support for Ethereum and ERC-20 tokens came in response to customers wanting access to more coins and tokens on more chains.

Since the beta launch, Robinhood Wallet has also added a nonfungible token (NFT) feature to enable users to collect and store their favorite collectibles on Ethereum and Polygon.

A Robinhood spokesperson told Cointelegraph that Robinhood NFTs would not be subject to Apple’s 30% commission on apps and in-app purchases of digital goods and services.

While the Robinhood Wallet is self custodied there is a range of self-verification methods that can be implemented to provide security to its Web3 users:

“When users get started, they need to set up either Face/Touch ID or a custom PIN, which they’ll use to authenticate every time they open the app. They will also be asked to create a secret recovery phrase, also known as a seed phrase, that allows them access to their wallet and crypto.”

Robinhood stated that users “can–and should–back up their wallet” by writing it down, storing it offline, or saving it in a secure manner.

Related: Robinhood board gives nod to buy Sam Bankman-Fried’s $578M stake

However, not everyone is on board with the security mechanisms set in place with the Robinhood Wallet.

A Reddit poster by the name of “StamInBlack” wasn’t happy with the option of having seed phrases stored on iCloud, while others in the same thread expressed unrelated reservations with the trading platform.

An additional method to secure the Robinhood Wallet. Source: Robinhood.

However, Kerbrat said the feedback on the Robinhood Wallet thus far has been ”extremely positive.”

The rollout comes two days after Robinhood Markets revealed in a 10-K filing that it received a subpoena from the United States Securities Exchange Commission (SEC) in December to conduct an investigation into its cryptocurrency listings, custody and platform operations.

SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin Collapse

Localbitcoins, the Pioneer P2P Bitcoin Exchange, Shuts Down After a Decade of Service Due to Crypto Winter

Localbitcoins, the Pioneer P2P Bitcoin Exchange, Shuts Down After a Decade of Service Due to Crypto WinterLocalbitcoins, the Helsinki, Finland-based bitcoin exchange founded in 2012, is closing operations after over a decade of service. The company’s operators attribute the shutdown to the “ongoing crypto-winter,” which has left them unable to continue offering their bitcoin trading services. The Challenges Faced by Localbitcoins and its Ultimate Demise in the Crypto Market The first […]

SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin Collapse

File Transfer Giant Wetransfer Joins NFT Industry, Partners with Blockchain Platform Minima for March Launch of Minting Product

File Transfer Giant Wetransfer Joins NFT Industry, Partners with Blockchain Platform Minima for March Launch of Minting ProductFile transfer service giant Wetransfer announced Monday it is collaborating with blockchain platform Minima to offer a non-fungible token (NFT) minting product in March. Wetransfer’s announcement details that users leveraging the Minima cooperative will be able to mint NFTs from a mobile device or computer. Wetransfer and Minima Partnership Aims to Bring NFT Minting to […]

SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin Collapse