2011

Dormant Bitcoin Wallet From 2011 Awakens, Transfers $8.6 Billion

Dormant Bitcoin Wallet From 2011 Awakens, Transfers $8.6 Billion

On July 4, 2025, a previously dormant Bitcoin wallet suddenly came back online. It implemented an astounding transfer of 80,000 BTC, netting a jaw-dropping $8.6 billion. The movement is the biggest single day transfer of coins over 10 years old in Bitcoin history. Bitcoin was valued at $107,895 at the...

HW Wallets
North Korean Hackers Deploy NimDoor Malware to Target Mac Crypto Wallets

North Korean Hackers Deploy NimDoor Malware to Target Mac Crypto Wallets

Cybercriminals are intensifying their focus on attacks against crypto wallets. The newest threat to macOS users comes in the form of a recently uncovered malware, NimDoor. Developers of NimDoor are believed to be affiliated with North Korean state-sponsored hacking groups. It’s particularly aimed at cryptocurrency wallets, underscoring the increasing trend...

Drake Reveals Crypto Holdings, Compares Friends to Bitcoin's Price Swings

Drake Reveals Crypto Holdings, Compares Friends to Bitcoin's Price Swings

The Grammy-winning artist recently disclosed his cryptocurrency portfolio, which consists of bitcoin, ether, solana, and PAXG. In doing so, this disclosure puts the value of his crypto assets well above CoinDesk’s $1,000 reporting threshold.Drake’s role in the crypto space goes beyond just owning a few coins. He’s invested heavily in...

Dormant Bitcoin Wallets Awaken, Signaling Market Shifts and Regulatory Concerns

Dormant Bitcoin Wallets Awaken, Signaling Market Shifts and Regulatory Concerns

Bitcoin has a reputation for being volatile. Now, it’s starting to show signs of maturity as dormant wallets come back to life, holding large quantities of the cryptocurrency. These reactivations, combined with new legislation, may portend major changes in the crypto market and raise potential regulatory red flags. Recent activity...

Electrum vs. Best Wallet: Evaluating Top Crypto Wallet Choices for 2025

Electrum vs. Best Wallet: Evaluating Top Crypto Wallet Choices for 2025

Electrum and Best Wallet are two major players in the Cryptocurrency wallet market. Electrum, founded in 2011, has proven itself to be a reliable Bitcoin-only wallet that’s especially popular with more advanced users. Best Wallet launched in early August 2024. It has emerged as one of the most exciting DeFi...

Ledger CISO Matt Johnson Addresses 2020 Data Breach, Outlines Security Enhancements

Ledger CISO Matt Johnson Addresses 2020 Data Breach, Outlines Security Enhancements

Ledger, a leading hardware wallet provider for cryptocurrencies, continues to grapple with the fallout from a significant data breach that occurred on July 14, 2020. The breach was their customers' email addresses and transactional associated data such as purchase items. In response, the company is implementing significant efforts to bolster...

Watchdog Finds Lapses in IRS Crypto Asset Seizure Practices

Watchdog Finds Lapses in IRS Crypto Asset Seizure Practices

The Treasury Inspector General for Tax Administration (TIGTA) specialize in them, just released their latest report. It underscores major shortcomings in the Internal Revenue Service Criminal Investigation (IRS-CI) unit’s management of seized digital assets. Making matters worse, the investigation uncovered serious inventory management, documentation, and valuation errors that further called...

Best Wallet App Simplifies Crypto Management on Mobile

Best Wallet App Simplifies Crypto Management on Mobile

Best Wallet has established itself as the largest non-custodial platform. It fuses real-time crypto analytics, token swaps, and presale access into one simple mobile interface. Best Wallet went public in mid-August 2024. It currently supports more than 60 blockchain networks and provides access to hundreds of decentralized exchanges and bridges....