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Showing posts with the label wallet

Jack Dorsey’s company, Block, launches Bitkey Bitcoin hardware wallet

Block, led by Jack Dorsey, introduces Bitkey, a $150 Bitcoin hardware wallet. The wallet is currently available for pre-order in over 95 countries including US, UK, Nigeria, and India. Customers won’t receive their hardware devices until 2024. In a groundbreaking move, Block, spearheaded by former Twitter CEO Jack Dorsey , has unveiled Bitkey, a secure and user-friendly Bitcoin hardware wallet . Priced at $150, Bitkey is available for pre-order in over 95 countries, marking a significant stride in global accessibility. This strategic move aligns with Dorsey’s steadfast commitment to advocating for Bitcoin and its transformative potential in digital transactions. We’re excited to announce people in 95+ countries can now pre-order Bitkey! Bitkey is the self-custody bitcoin wallet with an app to send on the go, hardware to protect your savings, and recovery tools in case you lose your phone, or hardware, or both. https://t.co/OR60vH6InG pic...

Atomic Wallet says hack affected 1% of active users, but investors claim otherwise

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In the aftermath of the attack, Atomic Wallet — along with individual blockchain investigators — have amped up efforts to track and revert stolen funds. A hack that drained $35 million from Atomic Wallet users since June 2 impacted less than 1% of its monthly active users , according to the company. In the aftermath of the attack, Atomic Wallet — along with individual blockchain investigators — have amped up efforts to track and revert stolen funds. Trying to cash in on the commotion, a few verified scam Twitter accounts impersonated Atomic Wallet while sharing phishing links claiming to help users recover lost funds. Pseudonymous on-chain researcher ZachXBT further claimed to have helped a victim recover $1 million of lost funds. However, the recovery process is yet to be disclosed, which ZachXBT allegedly “Will share in time but best not to yet.” A huge shoutout goes to @buffalu__ @brian_smith_0 for helping us successfully rescue $1m from the Atomic Wallet hacker for one of the...

Bitcoin addresses holding 1 BTC or more reach one million: Glassnode

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Convicted buyers have bought up cheap Bitcoin as prices fell over the course of last year. The number of Bitcoin (BTC) wallet addresses holding one whole BTC or more has surpassed the one million mark.  The one million wholecoiner milestone was reach ed on May 13, according to data from Glassnode. Number of Bitcoin wallets holding more than 1 Bitcoin since inception. Source: Glassnode . As the price of Bitcoin fell more than 65% over the course of last year, the number of wallet addresses holding one Bitcoin or more spiked, with the most notable surges occurring during an acute market crash in June and from November 11, the date that FTX collapsed and subsequently filed for bankruptcy. In total, a whopping 190,000 or so wholecoiners were added from early-February, 2022 as the price of Bitcoin fell from its November 2021 highs.  Glassnode cofounder @Negentropic informed his 54,000 Twitter followers that the best time to buy Bitcoin is when there’s “blood in the streets.” His commen...

One crypto wallet launched 114 dodgy memecoins in two months

According to ZachXBT, one alleged scammer in particular launched around 114 projects in the past 45 days alone. Crypto scammers have been ramping up the launch of spurious memecoins over the past two months, according to crypto sleuths.  According to research from blockchain sleuths ZachXBT, one address, in particular, has allegedly launched “114 memecoin scams” in the past 45 days alone. In an April 26 Twitter thread, ZachXBT tracked the movements of the Wallet address: 0x739c58807B99Cb274f6FD96B10194202b8EEfB47 , noting that “each time stolen funds from the scam are sent to the exact same deposit address.” “I suspect there are more too. These are just ones sent to that deposit address lol,” ZachXBT added in response to a comment. Over the past 1.5 months one person has created 114 meme coin scams. Each time stolen funds from the scam are sent to the exact same deposit address. 0x739c58807B99Cb274f6FD96B10194202b8EEfB47 pic.twitter.com/uwVAiG9WGG — ZachXBT (@zachxbt) April 26, ...