wallet safety
Vitalik Buterin Emphasizes Importance of Varied Guardians for Crypto Wallet Safety
Ethereum co-founder Vitalik Buterin has highlighted the importance of having a diverse group of "guardians" for maximizing the safety of self-custody crypto assets via multisig and social recovery wallets. Buterin advised decentralizing wallet guardians, so that if the wallet owner disappears, there are enough other guardians left to recover their funds. He also recommended using guardians who can respond quickly to suit fast-moving needs and testing each guardian at least once a year to confirm they haven't lost their accounts.
Yonghui, Hema among supermarkets singled out by China's food safety watchdog for breaches
Market regulator highlights 11 cases where supermarkets and online platforms sold food products that did not meet national food safety standards
Hacking 101: Security of Bitcoin Wallets, From a Hacker's Point of View
The safety of crypto wallets was recently questioned, after an incident where a Bitcoin address was successfully hacked.
SAP and GS1 to Establish Blockchain Prototype to Enhance Road Safety
SAP and GS1 have created a blockchain prototype intended at the digitization of tire retread activities for better road safety. Notably, the blockchain network deployed will be instrumental in tracking tires’ life-cycle.
Bitfinex CTO: Keeping Crypto Safe with State-of-the-Art Cyber Security
Paolo Ardoino, the CTO of Bitfinex and Tether tells us why safety and security should always be a top priority for crypto exchanges.
FunFair’s New Crypto Wallet Intended for Blockchain Mass Adoption
FunFair, a decentralized gaming platform has developed a new non-custodial crypto wallet, intended for propelling blockchain mass adoption.
US FDA Calls Meeting on Blockchain, AI and the New Era of Smarter Food Safety
The FDA will hold a meeting on October 21st, with the aim of gathering input and feedback to help shape an FDA blueprint for the initiative. The FDA will propose leveraging modern technologies such as blockchain, artificial intelligence, and IoT to improve the transparency and decrease the risks of contamination in the food supply chain.
Upbit Exchange Hacked For 50 Million Dollars in Ethereum
CEO of Upbit, wrote a report explaining the reasons why deposits and withdrawals were not functional on the exchange at the moment, noting that a shocking total of 342,000 ETH were stolen from the Upbit Ethereum Hot Wallet.
Cryptocurrency wallet Lumi launches new payment method Apple Pay
Multi-currency crypto wallet Lumi, which enables the purchase, exchange & storing of digital assets, has added Apple Pay as an available payment method.
IOTA’s Next Generation Wallet—Firefly: What New Features to Expect
Firefly, the new wallet comes with a range of improvements that will transform IOTA into an enterprise-ready protocol.
Maiar Wallet Makes Sending Money as Easy as Sending a Text
Maiar Wallet, a decentralized, non-custodial, low fee, multi-currency digital wallet built on the Elrond blockchain to empower everyday users.
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.
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.