Crypto analytics platform Santiment says one key factor is elevating the odds of digital assets witnessing a recovery. In a new thread on the social media platform X, the market intelligence firm says excessive bearish sentiment by investors raises the likelihood that digital assets spark a rally, similar to what was witnessed in Q4 of […]
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Kaspersky says scammers are targeting digital thieves, baiting them with keys to loaded-up crypto wallets and swiping any crypto added to pay fees.
Scammers are pretending to be naive crypto users who post the seed phrase to a loaded-up wallet online in a scheme that swipes crypto from those trying to raid it.
“Scammers have invented a new trick — they post crypto wallet seed phrases in YouTube comments using newly created accounts,” cybersecurity firm Kaspersky analyst Mikhail Sytnik said in a Dec. 23 blog post.
The researcher found comments in finance-related videos from users asking how to transfer Tether (USDT) from a crypto wallet to another wallet, which shared a seed phrase.
The WDK will enable developers to integrate non-custodial wallets for USDT and Bitcoin into any app, website or device.
The world’s largest stablecoin issuer, Tether, launched an open-source wallet development kit (WDK) to enable businesses and developers to integrate non-custodial wallets into any website or app — and it’s even designed to work with AI agents.
On Nov. 11, Tether announced the launch of its WDK, which it described as a modular software development kit “designed to empower businesses and developers to seamlessly integrate non-custodial wallets and user experiences for USDT and Bitcoin in any app, website, and device.”
The WDK was designed to support both human users and “embrace new digital beings like AI agents, robots and autonomous systems,” the firm said.
The number of wallets with less than $10 in BTC swelled by 75% in the same period but cryptocurrency’s middle class shrank.
The number of Bitcoin (BTC) wallets containing 1,000 or more BTC has increased by nearly 3.5% over the past 52 weeks. This growth is accompanied by a 75% increase in the number of wallets containing 0.0001 or less.
On the surface, these numbers indicate growth at both ends of the spectrum. However, a categorical examination shows that Bitcoin’s middle class — those holding between one and ten BTC — appears to be shrinking.
A chart showing the increase in wallets and their holdings between Oct. 1, 2023, and Sept. 23, 2024, segregated by total BTC. Source: Google
Crypto exchange Binance has responded to accusations from Wazirx and Zettai about how its dispute with Wazirx affects user funds lost in the July cyberattack. The company insists that responsibility for the incident lies with Wazirx’s management under Zanmai and Zettai, not Binance. Rejecting claims from co-founder Nischal Shetty, Binance maintains it “bears no responsibility […]
Coinbase CEO Brian Armstrong announced the platform’s first AI-to-AI cryptocurrency transaction, highlighting a new application of digital currency by artificial intelligence agents. Armstrong believes this advancement will enhance AI’s capacity to independently obtain resources and engage with humans and other AI systems. He encourages developers to add crypto wallets to support the growth of AI-to-AI […]
Indian crypto exchange Wazirx has informed users that it is focusing on resolving issues related to INR and crypto balances. The exchange emphasized that both solutions require ongoing legal analysis and urged users not to panic. Wazirx acknowledged users’ frustration but cautioned that drastic actions could cause further delays. Wazirx’s Update on Top Priority Post […]
Exodus Movement, Inc. has announced a new partnership with Blockchain.com to integrate Passkeys Wallet with Blockchain.com’s fiat on-ramp services. The integration aims to streamline the process of creating and funding cryptocurrency wallets, potentially expanding access to digital assets. Exodus and Blockchain.com Collaborate to Streamline Global Crypto Access Exodus’ Passkeys Wallet now allows users to purchase […]
Indian crypto exchange Wazirx is in the process of migrating the remaining assets from custodian Liminal to new multisig wallets following a security breach that resulted in the theft of over $230 million. Wazirx claims that while its own systems remain secure, the custodian’s interface was compromised, prompting this precautionary measure. Wazirx Updates on Cyberattack […]
Crypto exchange Binance has announced the conversion of several delisted tokens into stablecoin USDC. Users are advised to withdraw affected crypto tokens by Sept. 1, as they will no longer be accessible afterward. After this date, withdrawals of the delisted tokens will no longer be supported, and users will not be able to transfer them […]