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A Hyperliquid trader lost $21 million in a private key exploit, raising new concerns about DeFi security and user vigilance amid growing DEX activity. On Thursday, a single user on the decentralized trading platform Hyperliquid lost about $21 million after a private key leak led to an exploit involving the platform’s Hyperdrive lending protocol. According…
Cointelegraph sat down with Trust Wallet CEO Eowyn Chen to talk about how Web3 can become a better experience for everyone. <p>Bringing the global crypto and blockchain communities together in Istanbul, Turkey, the Binance Blockchain Week 2023 was a clear indicator that the Web3 ecosystem continues to grow regardless of price movements. Despite being a…
The Estonia-based firm noted that only one plaintiff in the class action lawsuit is actually based in Colorado where the suit was filed. The company behind Atomic Wallet has asked a United States court to dismiss a class action suit seeking damages from a $100 million hack arguing the claims should’ve been filed in Estonia…
” MetaMask addresses privacy concerns with new features for enhanced control “ Web3 wallet app MetaMask has introduced a number of new features aimed at enhancing privacy and giving users more control, according to a March 14 blog post by the developer. The new features come after MetaMask had previously been criticized for allegedly intruding…
” How to keep your crypto safe in 2023: a few tips from an analyst “ There is no excuse for not putting a few hours of research into how to properly custody your crypto, according to lead on-chain analyst James Check. Joining the latest debate around self-custody, the analyst pushed back against the notion that…
” Are noncustodial crypto wallets a practical option for the everyday hodler? “ As crypto ownership becomes more and more common, holders will need to think about how they protect and hold their assets. The safest option is storing cryptocurrency in a personal wallet. Crypto wallets are programs that allow users to store, send and…
” Wallets like MetaMask need to become more user-friendly “ After Ethereum’s long-awaited Merge, it’s an ideal time to think about how we can also improve smart contracts. Essentially apps that run on blockchains, smart contracts are a vital component of our Web3 applications. But interacting with them remains quite dangerous, especially for non-developers. Many…
” Slope wallets blamed for Solana-based wallet attack “ As the dust settles from yesterday’s Solana ecosystem mayhem, data is surfacing that wallet provider Slope is largely responsible for the security exploit that stole crypto from thousands of Solana users. Slope is a Web3 wallet provider for the Solana layer-1 (L1) blockchain. Through the Solana…
” Coinbase offers ‘thousands of tokens’ in expanded swap service “ America’s largest crypto exchange Coinbase has added the BNB Chain (formerly Binance Smart Chain) and Avalanche to the Coinbase Wallet’s list of supported networks where users can swap and store cryptocurrencies. The May 24 blog post from the exchange boasts that the added functionality…
” Coinbase unveils Web3 mobile Dapp and DeFi wallet and browser “ America’s largest crypto exchange Coinbase has rolled out Web3 app functionality including a hot wallet and browser for a limited set of its mobile app users. The app will allow select users to access decentralized apps (Dapps) on the Ethereum (ETH) network such…