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As Cardano Summit 2023, the special competition for all early-stage Cardano (ADA) startups, begins in Dubai, United Arab Emirates (UAE), one project has received particular attention – the world’s first-ever hardware crypto currency wallet in the form of a stylish ring. Indeed, the new crypto currency cold storage product developed by Tangem is the first jewelry crypto wallet in the world, and it made its debut at the annual summit for the Cardano community, giving fans a first look at its special Features and characteristics at a workshop on November 3. Cardano community team director shows off Tangem Ring. Source: ADAtainment As previously announced, the participants of the workshop received their own Tangem Ring and wallet for free to take these products for a test ride and become the first owners of the ring-shaped hardware wallet before its public sale. Commenting on the development, Tangem CTO Andrey Lazutkin said: “As we unveil Tangem Ring, we’re not just l...

A court-ordered liquidation process allows FTX to sell nearly $3.4 billion worth of crypto assets in weekly batches starting from $50 million a week. The crypto wallet s linked to now-defunct crypto exchange FTX and its sister trading firm Alameda Research have sent over $13 million in different altcoins to numerous crypto exchanges early on Nov. 1. According to data from on-chain analysis firm Spotonchain, the FTX wallet first transferred $8.12 million worth of altcoins to Coinbase. The assets include 46.5 million GRT ($4.85 million), 972,073 RNDR ($2.3 million), and 708.1 MKR ($967,000). FTX and Alameda linked crypto deposit on Coinbase. Source: SOC The wallet addresses of FTX and Alameda Research made another $5.49 million transfer after three hours to Binance and Coinbase. The top 3 assets with the highest value in this transaction include 1.14 million DYDX ($2.64 million), 192,888 AXS ($1.05 million), and 5,858 AAVE ($522,000). #FTX and #Alameda Research further deposited...

Before it was taken down, Ordswap users said the compromised website directed users to a phishing link. Ordswap, a marketplace that allows users to inscribe, auction, and trade Bitcoin Ordinals, has devised a method for users to retrieve their private keys as it scrambles to regain control of its website domain. In an Oct. 10 X (Twitter) post, the Ordswap X account shared an online tool that purports to help users who logged into the site through MetaMask to recover their Ordswap private keys, allowing them to move to other providers. Source for metamask users to obtain key is now available below. You are able to import(hex) to Unisat. https://t.co/oETb7h7sA0 https://t.co/NGaaLiNNwW — Ordswap (@ordswap) October 10, 2023 Hours earlier, on Oct. 9, Ordswap posted a stark warning to users not to connect to its domain as it was not in control of it. It pinned the issue on Netlify — a website development and hosting firm. We are working on publishing source for metamask users to o...

Bitcoin has seen around $167.47 million in NFT sales over the past 30 days, while StepN has integrated Apple Pay to remove barriers to entry to the app. Bitcoin, the next biggest NFT network? With nonfungible tokens (NFTs) still causing a stir among the Bitcoin community, the network has rapidly become the second-largest NFT chain, according to data from CryptoSlam. Looking at the 24-hour, seven-day and 30-day metrics, CryptoSlam data indicates Bitcoin has hosted the second -largest amount of NFT sales volume across the market. Over the past 30 days, Bitcoin has seen a whopping $167.47 million worth of NFT sales on secondary markets, though it’s still far behind the $395.95 million posted on Ethereum during that same period. Notably, Bitcoin is now well ahead of its nearest competition, including Solana and Mythos Chain, which have only seen $55.8 million and $35.4 million worth of sales over the past 30 days, respectively. 30-day NFT sales volume by blockchain. Source: CryptoSlam In...

Tune in to the third episode of Hashing It Out as Cointelegraph's Elisha Owusu Akyaw discusses the future of noncustodial cryptocurrency wallets with Kosala Hemachandra, CEO of MyEtherWallet. In the third episode of Hashing It Out podcast series, Cointelegraph’s Elisha Owusu Akyaw discusses the future of noncustodial cryptocurrency wallets with Kosala Hemachandra, CEO of MyEtherWallet. Recent issues with centralized platforms have put the spotlight on decentralized applications (DApps), and self -custody — where users keep their funds completely under their responsibility — has become a major trend. MyEther Wallet is one of the oldest noncustodial wallets with a focus on the Ethereum blockchain. According to Kosala Hemachandra, the Wallet went live just two weeks after the Ethereum mainnet launch. The CEO of MyEther Wallet explains that they chose to make a decentralized Wallet because they believed it was the only proper way to interact with Blockchain technology. “Blockchain, ...

Swan Bitcoin has simplified Bitcoin saving with automatic recurring buys and one-time buys. Find how Swan Bitcoin works. When someone wants to buy Bitcoin (BTC), they usually take the route of a cryptocurrency exchange. Newbies may buy BTC on just any exchange they come across, while those with some sort of experience may opt for a reputable one. The exercise though bears little fruit as most exchanges function almost identically as centralized entities, often working as custodians of the crypto assets of the buyers. The security factor is generally limited to passwords and 2-factor authentication (for the buyers who have opted for it). Customer support, wallet support and ease of use are other factors that buyers might consider when zeroing in on an exchange to buy Bitcoin. Exchanges have a drawback when it comes to supporting customers who want to buy Bitcoin. With an array of digital coins on their platforms, it is simply not possible for them to focus exclusively on Bitcoin buyers...