Australian police crack coded wallet, seize .9M in crypto

Australian police crack coded wallet, seize $5.9M in crypto

The Australian Federal Police cracked a coded crypto wallet backup holding $5.9 million after a data scientist deciphered a complex numerical sequence on a phone. Australian police cracked a coded cryptocurrency wallet backup containing 9 million Australian dollars ($5.9 million). Australian Federal Police (AFP) Commissioner Krissy Barrett described the effort as “miraculous work” during a…

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The dead don’t spend Bitcoin: How to set up a crypto inheritance plan (before it’s too late)

The dead don’t spend Bitcoin: How to set up a crypto inheritance plan (before it’s too late)

It is essential to secure your BTC, altcoins and NFTs with a crypto inheritance plan that safeguards keys and simplifies wealth transfer for heirs. A crypto inheritance plan is vital because losing private keys or seed phrases can permanently make assets like Bitcoin, Ether and NFTs unrecoverable. A strong inheritance plan includes asset inventories, secure…

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Circuit unveils recovery system to solve crypto’s ‘permanent loss’ conundrum

Circuit unveils recovery system to solve crypto’s ‘permanent loss’ conundrum

“Most people aren’t equipped for true self-custody,” said Circuit’s founder and CEO, Harry Donnelly. While Bitcoin (BTC) is often heralded as the ultimate bearer asset, not everyone is prepared for self-custody in a world where convenient and seemingly trusted intermediaries still play a major role. Circuit, an enterprise-grade recovery solution for digital assets, is betting…

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# Crypto exchanges need to start giving customers their keys

# Crypto exchanges need to start giving customers their keys

” Crypto exchanges need to start giving customers their keys “ The business model that cryptocurrency exchanges currently use relies on ignorance and fear.  It relies on their customers not knowing much about decentralized finance (DeFi) and their fear of what could happen if they get things wrong with their crypto investments. Cryptocurrencies seem like…

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