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Hacking Attempts on Upbit Surge to 159,061 in First Half of 2023
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Hacking Attempts on Upbit Surge to 159,061 in First Half of 2023

Hacking attempts on South Korea's largest cryptocurrency exchange, Upbit, have surged to 159,061 in the first half of 2023, according to data submitted to the National Assembly. The figure represents a 2.17-fold increase compared to the same period last year. Lawmaker Park Sung-jung criticizes the ambiguous role of the Ministry of Science and Technology in regulating the exchange.

Shiba Inu's Shibarium Hits 600k Wallets and 700k Transactions
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Shiba Inu's Shibarium Hits 600k Wallets and 700k Transactions

Shibarium, Shiba Inu's Layer 2 network, has reached new milestones with 634,438 wallet addresses and 698,607 transactions. Despite initial technical challenges, collaborations with Alchemy have scaled operations, and asset withdrawals now occur within 45 minutes to 3 hours.

25,000 New Bitcoin Addresses Generated in a Single Hour
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25,000 New Bitcoin Addresses Generated in a Single Hour

Glassnode, an on-chain market analytic company, has shared data showing 24,807 Bitcoin (BTC) addresses were developed in just one hour on Nov 18.

Congress Members “Express Concern” Over Treasury’s Potential Crypto Wallet Regulations
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Congress Members “Express Concern” Over Treasury’s Potential Crypto Wallet Regulations

Four members of Congress have expressed concerns in a letter to the US Treasury Secretary Steven Mnuchin, over their rumored self-hosted crypto wallet regulation ban.

Polygon Emerges as Second-Largest Blockchain Gaming Network
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Polygon Emerges as Second-Largest Blockchain Gaming Network

Polygon, a layer-2 scaling solution for Ethereum, has become the second-largest blockchain gaming network with 138,081 unique active wallets engaging in games in March. Polygon surpassed third and fourth-ranked Hive and BNB Chain, with Wax in the first place with 314,000 UAWs. Polygon's surge in user activity was primarily due to Hunters On-Chain, which saw a UAW increase of over 17,000% in the past 30 days alone. Polygon is gaining recognition as a gaming blockchain and has notched big-name partnerships such as Warner Music, Starbucks, and Adobe.

Malaysian Authorities to Extend Crypto Regulations to Wallet Providers
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Malaysian Authorities to Extend Crypto Regulations to Wallet Providers

The Malaysian Securities Commission plans to extend crypto regulations to wallet providers in the country owing to their importance in the cryptocurrency ecosystem.

Ethereum's Pectra Upgrade to Enhance Wallet Functionality and User Experience
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Ethereum's Pectra Upgrade to Enhance Wallet Functionality and User Experience

Ethereum's Pectra upgrade, expected in late 2024 or early 2025, will enhance crypto wallets' user experience and functionality, enabling smart contracts and sponsored transactions, but posing security concerns.

Worldcoin Emerges as Largest Deployer of Safe Wallets on Polygon Blockchain, Onboards 1.2 Million Self-Custodial Safe Smart Accounts
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Worldcoin Emerges as Largest Deployer of Safe Wallets on Polygon Blockchain, Onboards 1.2 Million Self-Custodial Safe Smart Accounts

A tweet from Worldcoin states that they have successfully onboarded an impressive 1.2 million self-custodial Safe Smart Accounts

Xpring Invests in Towo Labs To Develop Software for XRP Hardware Wallet
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Xpring Invests in Towo Labs To Develop Software for XRP Hardware Wallet

Xpring, Ripple’s investment arm and tech incubator announced in a recent report that it has invested in Towo Labs, a Swedish cryptocurrency self-custody startup, to develop a software that will support XRP on a hardware wallet.

Circle Launches Programmable Wallets for Developers
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Circle Launches Programmable Wallets for Developers

Circle has launched Programmable Wallets, a service allowing developers to embed crypto wallets in apps. The blockchain-agnostic tool supports Ethereum, Polygon, and Avalanche.

Fantom Foundation Wallets Compromised in Suspected Chrome Exploit
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Fantom Foundation Wallets Compromised in Suspected Chrome Exploit

Fantom Foundation's wallets were reportedly compromised with a suspected Google Chrome zero-day exploit. While the breach resulted in a loss of $550K from the Foundation's funds, over 99% of their assets remain secure. The attacker demonstrated expertise in the DeFi ecosystem, with total gains estimated at $6.7 million.

Robinhood to Plan Testing Cryptocurrency Wallets, Speeding up Crypto Territory Escalation
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Robinhood to Plan Testing Cryptocurrency Wallets, Speeding up Crypto Territory Escalation

Robinhood Markets is extending its reach in the growing cryptocurrency market and now plans to test its cryptocurrency wallets. The so-called crypto wallets will give customers more ability to own and spend crypto coins.

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