Bubblemaps CEO Nick Vaiman said Sybil attacks are increasing across presales and airdrops, calling on teams to use KYC or algorithmic detection.
Wallet News
In the digital world, a wallet, or e-wallet, is where people store cryptocurrencies. A Bitcoin wallet stores a holder’s Bitcoin (BTC), which is sent to that crypto wallet by the user or another party.
There are many different types of cryptocurrency wallets, each catering to different user needs and preferences. Software wallets, including desktop, mobile and web wallets, offer convenience as they are accessible across devices. They are user-friendly but vulnerable to malware and hacking attacks. Hardware wallets, on the other hand, are physical devices that store cryptocurrency offline, providing enhanced security by keeping assets isolated from internet threats. While hardware wallets offer robust protection, they can be expensive and are susceptible to physical damage or loss.
Paper wallets involve printing private keys and addresses on paper, keeping them offline. They offer heightened security, but if the paper is lost or damaged, access to funds is irretrievable. Additionally, online wallets, often provided by exchanges, offer ease of use but pose higher security risks due to their susceptibility to cyberattacks.
Securing wallets involves encryption, two-factor authentication and backup mechanisms. Users must weigh the advantages of accessibility against the disadvantages of potential vulnerabilities, choosing a wallet type that aligns with their security requirements and usage preferences.
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A new wave of self-custodial smart accounts aims to eliminate seed phrases, introduce card-based spending and remove the fear of losing access to crypto forever.
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Ledger says it was able to gain “full and absolute control” over a smartphone by using electromagnetic pulses to take over its chip.
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Web3 neobank blends self-custody, stablecoins and DeFi with multicurrency accounts and cards to turn onchain finance into daily money infrastructure.
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Retail crypto shift to mobile-first as activity-linked tokens, AI-native wallets and universal gas unlock multichain access for everyday users.
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Bubblemaps shared blockchain data indicating that team-related wallets had purchased 30% of the token supply, but Edel’s co-founder said the acquisition was part of its token rollout plans.
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Federal Decree Law No. 6 expands the UAE central bank’s authority over DeFi, ending the “just code” defense and imposing penalties of up to $272 million.
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Exodus is using its Bitcoin reserves to back a $175 million acquisition of W3C Corp, bringing Monavate and Baanx under its roof as it expands into onchain payments.
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As quantum risks escalate, developers are turning to architectures built on entropy-as-a-service and post-quantum cryptography.
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The audit confirms a component built to keep blockchain systems stable as cryptographic standards change, supporting a secure path into the post-quantum era without disrupting current use.
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The launch of the UBI program, utilizing a “digital sovereign bond,” occurred two months after the IMF warned against the island nation using an “untested” digital asset.
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Private key theft has become an automated, industrialized threat, highlighting the need for crypto users to remain vigilant, according to a report by GK8, a subsidiary of Galaxy Digital.
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Mt. Gox just moved 10,608 BTC worth $953 million, its first big transfer in months, as $4 billion in creditor repayments stay delayed until October 2026.
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Every layer-1 crypto network has a “legal attack” surface, and while Bitcoin is resilient, it isn't immune, said American computer scientist Nick Szabo.
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Crypto wallets have evolved beyond asset storage into portable identity containers and self-custodial hubs, using zero-knowledge proofs.
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