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Showing posts with the label wallet

Bitcoin wallet worth $468 M awakens after 14.5 years; The original investment will shock you

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A Bitcoin (BTC) wallet containing 3,962 BTC has been activated after 14.5 years of dormancy, according to blockchain monitoring service Whale Alert. A dormant address containing 3,962 #BTC (468,046,931 USD) has just been activated after 14.5 years!https://t.co/LXdjguOqYv — Whale Alert (@whale_alert) July 24, 2025 The 3,962 BTC would have been worth approximately $1,189 when purchased 14.5 years ago at $0.30 per coin in January 2011, meaning the holdings have gained over $467 million in value, representing a 39,450,523% increase. While the wallet’s owner remains unidentified, transactions of this size and vintage often spark speculation around early Bitcoin adopters and miners from the cryptocurrency’s first years. Similar movements have been observed throughout 2025, including a Satoshi-era wallet that moved $4.68 billion in Bitcoin after 14 years and another address that transferred $1 billion worth of BTC after remaining dormant since...

Magic Eden set to launch its multi-chain wallet

Magic Eden is gearing up for the launch of its multi-chain wallet launch, designed to address the fragmentation in the non-fungible token (NFT) and crypto markets. The goal is to provide a more seamless experience for users across different blockchain networks. Magic Eden cross-chain interactions In a recent post on the X platform, Magic Eden, an NFT marketplace, shared a teaser video with an accompanying text suggesting the launch of its multi-chain wallet on Jan. 29th. In November 2023, Magic Eden announced the release of a multi-chain compatible crypto wallet browser extension, intending to simplify user interactions across various blockchains. As stated by CEO and co-founder Jack Lu, this initiative aims to foster a multi-chain environment for NFTs, tackling the existing fragmentation and complexity in handling digital assets across diverse blockchains. The launch of this wallet goes beyond the convenience of managing multiple assets in one interface. It presents the poten...

Trump-related crypto wallet cashed out $2.4m worth of ETH

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According to on-chain data, a crypto wallet associated with the former U.S. president has transferred millions of dollars worth of Ethereum to Coinbase. An Ethereum wallet, which has been accumulating royalties from Donald Trump‘s NFT collection for months, has started moving the funds to the centralized crypto exchange. According to Arkham Intelligence, the wallet has transferred 1,075 ETH (around $2.4 million at the time of the transaction) to Coinbase. Looks like Donald Trump is selling his ETH. 3 weeks ago he started sending ETH to Coinbase after months of accumulating Trump NFT royalties. His peak balance was $4 million. Based on the deposits, so far he's sold 1,075 ETH for $2.4 million. pic.twitter.com/JZzA3cS2je — Arkham (@ArkhamIntel) December 27, 2023 While the purpose behind transferring the funds to Coinbase remains unclear, data suggests that the Trump-associated wallet still holds multiple cryptocurrencies valued at over $2.2 million. You might a...

Binance enhances web3 wallet with Bitcoin, other crypto integrations

Binance’s web3 wallet now supports Bitcoin, Bitcoin Cash, Litecoin, Dogecoin, and the Sei Network. The integration enables users to transfer tokens across these networks, enhancing user experience and broadening the wallet ’s utility. We heard your feedback, so it's time to welcome five new networks to the #Binance Web3 Wallet! #Bitcoin Sei Bitcoin Cash Dogecoin Litecoin Find out more ️ https://t.co/T5iDvC7yRC pic.twitter.com/snCoPGV2wB — Binance (@binance) December 7, 2023 You might also like: K33 Research: Crypto markets remain steady despite Binance-DOJ settlement Binance ex-CEO Changpeng Zhao has been committed to the defi wallet amidst these challenges, reflecting a dedication to innovation and user service. However, the integration of coins and Zhao’s efforts must be viewed through a lens of cautious optimism, as the company struggled to balance tech progress with the need for robust regulatory compliance and ethical business pra...

Polygon Foundation denies MATIC dump on Binance, claims wallets were mislabeled

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Nansen, who was responsible for labelling these wallets, claimed that these addresses showed strong links to Polygon, however it removed the label after Polygon CEO’s public refute. Blockchain analytic firm Lookonchain flagged a crypto wallet allegedly belonging to Polygon Foundation that transferred large amounts of Matic tokens on Binance. Polygon Labs founder Sandeep Nailwal refuted the claim and said it was a case of mislabeling and the wallet doesn’t belong to Polygon Foundation. One more time, incorrect labelling @lookonchain. This is the second time this has happened. Plz be careful about these tweets , creates unnecessary FUDs for the community https://t.co/mVpaIYB9Xt — Sandeep Nailwal | sandeep. polygon (@sandeepnailwal) September 7, 2023 Lookonchain flagged two wallets "Polygon Foundation: 0x8d36" and "Polygon Foundation: 0xf957" that collectively deposited over $5.5 million worth of MATIC onto Binance over the past 30 days with more than half of the ...

How to send and receive payments on the Lightning Network

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Learn to use Lightning Network by setting up a wallet, funding it, and using it to make and receive payments. To send and receive payments on the Lightning Network, users must first set up a Lightning wallet and fund it with Bitcoin. From there, they can create payment channels and start transacting. This article will guide users through the process, from setting up their Lightning wallet to making their first Lightning payment. What is the Lightning Network The Lightning Network (LN for short, or simply “Lightning”) is a decentralized system for instant, high-volume micro payments that prevents users from delegating custody of funds to trusted third parties. It is a layer-2 protocol — a computer network built on top of the Bitcoin base layer (layer 1), the actual blockchain. The Lightning Network uses the Bitcoin base layer’s high protection standards to secure the network. Bitcoin is a payment system designed to be slow, and its transactions are finalized in as long as one hour; th...

California approves blockchain-based digital wallet for gov't services

Santa Cruz voted to approve the use of a blockchain-based digital wallet for government services and official documentation and is set to begin a pilot program in July 2023. The county of Santa Cruz in northern California is one of the latest to adopt and implement the usage of blockchain-based solutions on a governmental level.  In a meeting of the Board of Supervisors for the County of Santa Cruz held on April 25, the members unanimously decided to go forward with implementing the usage of digital wallets, for government services and official documentation purposes. According to the final consensus of the meeting, the white-label digital wallet powered by HUMBL will launch a 3-stage pilot program starting in July 2023. Beta testers during the pilot period will be mobile users seeking to access government services such as bicycle registration and RV parking registration. Other potential pilots would be for registration of park facilities, tracking volunteer hours, over-the-counte...

BitKeep completes compensation for $8M APK exploit, announces rebranding

BitKeep Wallet will now be known as Bitget Wallet following a $30 million investment from the namesake crypto derivatives exchange last week. On March 29, multichain wallet BitKeep announced that it had fully compensated users affected by the 7.2.9. Android Package Kit (APK) exploit that took place on Dec. 26, 2022. On the day of the incident, the 7.2.9. APK update for BitKeep was maliciously swapped by hackers, resulting in an estimated $8 million loss of funds from users who downloaded the malware. According to BitKeep, 11,090 wallets affected by the incident have been fully reimbursed as of March 29. In addition, BitKeep says its customer service channels remain open to processing several “irregular” claims and appeals. At the same time, BitKeep will re brand to Bitget Wallet following a $30 million investment last week at a $300 million valuation from the namesake cryptocurrency derivatives exchange. As part of the integration, BitKeep will have access to Bitget’s $300 million B...

OneKey says it's fixed the flaw that got its hardware wallet hacked in 1 second

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Unciphered posted a video showing a "Massive critical vulnerability" in the OneKey Mini. The creators noted it's been patched and is now working on further securing the wallet. Crypto hardware wallet provider OneKey says it has already addressed a vulnerability in its firmware that allowed one of its hardware wallets to be hacked in one second flat. On Feb. 10, a video on YouTube posted by cybersecurity startup Unciphered showed they had figured out a way to exploit a "Massive critical vulnerability" in order o "crack open" a OneKey Mini. According to Eric Michaud, a partner at Unciphered, by disassembling the device and inserting coding, it was possible to return the OneKey Mini to “factory mode” and bypass the security pin, allowing a potential attacker to remove the mnemonic phrase used to recover a wallet .  "You have the CPU and the secure element. The secure element is where you keep your crypto keys. Now, normally, the communications are e...