The security attack on the Ledger Connect Kit on Thursday showcased not only how vulnerable Web3 is to security issues but also how much the industry has evolved in dealing with challenges.
Key initiatives include the introduction of a self-custody mobile wallet and a strategic partnership with Moonpay to make asset purchases more straightforward. These expansions aim to simplify access to decentralized finance for both new and seasoned users.
Key initiatives include the introduction of a self-custody mobile wallet and a strategic partnership with Moonpay to make asset purchases more straightforward. These expansions aim to simplify access to decentralized finance for both new and seasoned users.
The security attack on the Ledger Connect Kit on Thursday showcased not only how vulnerable Web3 is to security issues but also how much the industry has evolved in dealing with challenges.
Rainbow Wallet incentivizes users to switch from Metamask with a unique points system, potentially leading to token airdrop. The campaign has already seen a surge in user numbers, jumping from 400k to over 6.3 million.
An attacker has exploited the 'address poisoning' technique to steal over $2 million from Safe Wallet users. This method exploits user inattention, stressing the importance of careful transaction verification.
The wallet uses a new security system and has tools to assess smart contract risks. It comes at a time when Binance faces a decline in market share and ongoing regulatory issues.
MetaMask is expanding its reach. The popular Web3 wallet has added a ’Sell’ feature to its Portfolio platform, has PayPal integrated and is currently preparing 'Snaps', which will allow users to interact with different blockchains from inside their MetaMask wallet.
Wallet on Telegram, a crypto wallet application integrated into Telegram Messenger, is beta testing its 'TON Space' self-custodial wallet. Besides managing digital assets, the new wallet promises blockchain-based apps within Messenger's user interface.
