Wallets – Earlybirds Invest https://earlybirdsinvest.com Latest Crypto News Sat, 13 Sep 2025 20:37:29 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.7 https://i0.wp.com/earlybirdsinvest.com/wp-content/uploads/2024/12/cropped-New-Project-2024-12-17T235703.455.png?fit=32%2C32&ssl=1 Wallets – Earlybirds Invest https://earlybirdsinvest.com 32 32 240146708 Cross-OS Malware ‘ModStealer’ Threatens Crypto Wallets https://earlybirdsinvest.com/cross-os-malware-modstealer-threatens-crypto-wallets/ https://earlybirdsinvest.com/cross-os-malware-modstealer-threatens-crypto-wallets/#respond Sat, 13 Sep 2025 20:37:28 +0000 https://earlybirdsinvest.com/cross-os-malware-modstealer-threatens-crypto-wallets/

A new malware called ModStealer is spreading across macOS, Windows, and Linux, according to a report by 9to5Mac on September 11.

Researchers from the security company Mosyle found that the malware had been uploaded to VirusTotal but had gone unnoticed by antivirus tools for almost a month.

The malware is written in JavaScript using NodeJS and conceals its code to evade detection.

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Once installed, ModStealer runs in the background. It collects information such as wallet keys, certificates, account files, and browser extensions linked to crypto wallets.

Mosyle’s team identified code targeting more than 50 wallet extensions, including those on Safari and Chromium-based browsers.

The malware also records clipboard content, takes screenshots, and can run commands from a remote server. These features give attackers access to private information and control over infected systems.

On macOS, ModStealer exploits Apple’s launchctl tool to run as a LaunchAgent. This allows the malware to remain active even after a reboot. The stolen data is sent to a server that appears to be based in Finland but is connected to infrastructure in Germany.

Mosyle stated that ModStealer may be part of a Malware-as-a-Service model. In such setups, developers create the malware and sell it to affiliates, who then launch attacks without requiring deep technical skills.

Mosyle warned that antivirus tools that rely only on signatures are not enough to stop such threats. They recommend constant monitoring, behavior-based security systems, and more awareness of new attack methods.

Lucija Valentić at ReversingLabs recently reported that hackers have discovered a new method for spreading malicious software by using Ethereum
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White Label Crypto Wallets Explained: Features, Functionality, and Benefits https://earlybirdsinvest.com/white-label-crypto-wallets-explained-features-functionality-and-benefits/ https://earlybirdsinvest.com/white-label-crypto-wallets-explained-features-functionality-and-benefits/#respond Tue, 09 Sep 2025 03:05:22 +0000 https://earlybirdsinvest.com/white-label-crypto-wallets-explained-features-functionality-and-benefits/

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Cryptocurrency has grown from a niche investment sector to a significant component of today’s financial ecosystem. As individuals and businesses increasingly adopt digital currencies for trading, payments, and investment, the demand for reliable crypto wallets has grown just as rapidly. Among the solutions available, white label crypto wallets have gained strong interest from startups, enterprises, and financial providers because they offer a ready-made framework that can be branded and customized without the extended development cycle of building a wallet from the ground up.

For businesses exploring opportunities in the crypto ecosystem, working with companies that provide professional Wallet Development Services creates an accessible entry point. By choosing a white label solution, businesses can deploy a fully functional, brand-specific wallet within weeks while focusing more energy on growth strategy, market expansion, and customer experience.

This article will explain what white label crypto wallets are, how they work, their main features, practical use cases, and the benefits they can bring to businesses of all sizes.

What Are White Label Crypto Wallets?

A white label crypto wallet is a readymade digital wallet solution developed by a technology provider that can be customized by another business to show its brand identity. Essentially, it is a pre-built wallet core that includes critical functions such as storing, sending, and receiving crypto assets, while allowing businesses to add their logo, brand colors, and additional modules as needed.

Instead of investing months or years in architecture, coding, and testing, businesses select an already developed wallet platform from a specialist development company. They can then apply their business identity and launch in the market quickly.

For startups, this means entering the crypto market without the burden of complex technical development. Established enterprises, on the other hand, can expand their crypto service offerings efficiently while maintaining brand consistency.

Why Businesses Use White Label Crypto Wallets

The crypto market changes rapidly, and businesses need to respond quickly to user expectations. Developing a wallet from the ground up can become costly and complex due to security protocols, blockchain integrations, and compliance requirements. White label wallets reduce these challenges.

Here are some reasons businesses prefer them:

  • Faster time-to-market for wallet products.
  • Reduced development and maintenance costs.
  • Access to enterprise-grade security architecture.
  • Flexibility to configure branding and features.
  • Ability to integrate with multiple blockchain networks.

Core Features of White Label Crypto Wallets

White label crypto wallets come with a broad set of features that cover essential wallet functions as well as advanced utilities for businesses that want to stand out. Below are the core attributes usually included:

1. Multi-Currency Support

These wallets are developed to handle a wide range of cryptocurrencies and tokens across multiple blockchains such as Bitcoin, Ethereum, Binance Smart Chain, Solana, and more. Multi-currency support is critical, as users often hold multiple assets and want unified access in a single application.

2. Private Key Management

Managing private keys securely is one of the most important aspects of wallet technology. Depending on business needs, white label wallets can support non-custodial frameworks (where keys are stored with the user) or custodial setups (where a service provider manages custody).

3. User-Friendly Interface

The success of any crypto wallet also depends on the interface. Even though wallet infrastructures are complex, end-users expect simple navigation. White label solutions are designed with intuitive dashboards and smooth transaction flows.

4. Cross-Platform Access

Most leading providers support mobile (iOS and Android), desktop, and even web versions of wallets. Businesses can choose how they want their customers to experience them — on smartphones, desktops, or both.

5. Built-In Security Protocols

Security mechanisms such as biometric authentication, two-factor authentication (2FA), multi-signature wallets, session logout triggers, and hardware wallet integrations are usually pre-built to provide strong safeguards.

6. QR Code Scanner

Payment by scanning codes is one of the most popular features in everyday crypto transfers. White label wallets often integrate QR functionalities to simplify transactions.

7. Fiat Integration

Businesses may want their wallet to support direct fiat-to-crypto and crypto-to-fiat swaps. Many white label wallets can be integrated with payment gateways and exchange APIs for such functionality.

8. Staking and Yield Options

Some providers build staking and yield-generating modules into their wallet software to give businesses additional competitive offerings.

9. Compliance and KYC/AML Modules

For enterprises dealing with large user bases or regulated zones, wallets can include pre-built compliance tools that enable KYC verification and anti-money laundering checks.

How White Label Wallets Work

Technically, a white label crypto wallet works like any other digital wallet in allowing users to:

  • Create and manage addresses.
  • Send and receive assets.
  • Authenticate and broadcast transactions to blockchain networks.
  • Manage private/public keys, password recovery, and encryption.

The main difference lies in the ownership model: instead of the deploying company building its own infrastructure, it customizes and operates the wallet platform developed by another provider.

Benefits of White Label Crypto Wallets for Businesses

Businesses gain value from white label wallets in multiple ways.

Reduced Development Complexity

Developing a secure and feature-rich crypto wallet can take months of work for blockchain development teams. By adopting a white label product, businesses sidestep the entire initial coding, testing, and deployment process.

Cost Efficiency

Since development companies spread their costs across multiple clients, the pricing of white label solutions usually provides strong savings compared to custom wallet development.

Faster Market Entry

The time it takes to design, code, and launch a wallet can delay business opportunities. With white label solutions, businesses can launch products quickly to keep pace with user demand.

Brand Control

Although the wallet core is prebuilt, the business can completely control its branding, including color themes, logo placement, and custom service features for its community.

Easy Integrations

White label wallets are designed to work well with APIs, third-party services, and blockchain protocols. This gives businesses a wide base for expanding use cases.

Regulatory Readiness

For regulated markets, businesses can rely on pre-integrated compliance features, reducing the risk of legal bottlenecks.

Use Cases of White Label Crypto Wallets

Crypto Startups

Startups often face budget and technical limitations that prevent them from developing fully customized wallets. A white label solution helps them enter the market faster and scale their services efficiently.

Established Businesses

Banks, fintech companies, and payment providers use white label wallets to expand services into crypto without diverting energy from their primary business operations.

Exchanges

Crypto exchanges often integrate branded wallets for their users to deposit and withdraw funds more easily. White label wallets deliver this functionality without investing in new wallet infrastructure.

Enterprises with Global Operations

Corporates increasingly use white label wallets to support payment systems, employee crypto payouts, and cross-border settlements.

Key Considerations When Choosing a White Label Crypto Wallet

When evaluating service providers for wallet solutions, businesses should review:

  • Security protocols: Look for authentication layers, strong encryption, and audit capabilities.
  • Scalability: The wallet must support growth as user numbers increase.
  • Blockchain compatibility: Ensure the wallet supports the networks and tokens relevant to your user base.
  • Regulatory features: Verify if compliance modules like KYC/AML are included if operating in regulated jurisdictions.
  • Provider experience: Choose a development company with proven background in delivering crypto applications.

White Label vs. Custom Wallet Development

Future Outlook for White Label Wallets

As adoption of cryptocurrency continues to grow, the demand for easy-to-deploy, cost-effective wallet solutions will increase. White label wallets are expected to keep evolving with features like integration for CBDCs (Central Bank Digital Currencies), support for NFT storage, DeFi modules, and cross-chain compatibility. Businesses that deploy wallets early position themselves ahead in gaining customer trust and loyalty.

Conclusion

White label crypto wallets provide a ready pathway for businesses that want to participate in the expanding cryptocurrency economy. With a strong balance of reliability, market readiness, and branding opportunities, they serve as an effective method for companies to step into this fast-moving sector without excessive development overhead.

If your business is looking to build a crypto wallet solution that fits your brand identity and operations, working with experts in Wallet Development is the best way forward.

Are you ready to launch a crypto wallet under your brand name without the delays of starting from scratch? Partner with Codezeros for specialized wallet development solutions. Our team builds white label crypto wallets that are secure, scalable, and customizable to help businesses enter the market with confidence.

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Just 10 Wallets Control Majority Of Ethereum Supply: How Do Other ETH Tokens Compare? https://earlybirdsinvest.com/just-10-wallets-control-majority-of-ethereum-supply-how-do-other-eth-tokens-compare/ https://earlybirdsinvest.com/just-10-wallets-control-majority-of-ethereum-supply-how-do-other-eth-tokens-compare/#respond Thu, 04 Sep 2025 05:26:01 +0000 https://earlybirdsinvest.com/just-10-wallets-control-majority-of-ethereum-supply-how-do-other-eth-tokens-compare/

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On-chain data shows over half of the Ethereum supply is held by just 10 addresses. Here’s how other ETH-based tokens like Shiba Inu stack up.

Shiba Inu, Uniswap, & Ethereum Are Among The Most Centralized ETH Tokens

In a new post on X, on-chain analytics firm Santiment has talked about how the different assets in the Ethereum ecosystem line up against each other in terms of the amount of supply that’s concentrated on the top 10 wallets.

Below is the chart shared by Santiment that shows the trend in this metric for eight cryptocurrencies over the past few months.

Ethereum Supply

Looks like SHIB is at the top of the list at the moment | Source: Santiment on X

From the graph, it’s visible that 51% of the Ethereum supply is owned by the 10 largest wallets on the network. This is more than most of the other ETH-based tokens on the list.

The two coins that are ahead in this metric are Shiba Inu (SHIB) and Uniswap (UNI). The latter is only marginally ahead of ETH with a value of 52.2%, but the former is significantly ahead at 62.3%.

Generally, a cryptocurrency’s supply being heavily concentrated on just a few hands doesn’t tend to be a constructive signal, as it means only a few players are needed to move the market.

Beyond market dynamics, supply centralization has another drawback: it potentially weakens the network security. Chains like Ethereum’s run on a consensus mechanism called the Proof-of-Stake (PoS). Under this system, validators called stakers have to lock up a stake in order to receive a chance at adding the next block to the chain.

The higher is a validator’s stake, the higher is the chance that they get picked. If a single staker crosses the 51% supply threshold, they can, in theory, gain total control over the blockchain.

This type of attack doesn’t exist on Bitcoin, where the Proof-of-Work (PoW) consensus mechanism is employed instead. In PoW networks, miners compete against each other using computing power. Here, too, however, if a validator gains control over 51% of the network computing resources, they can mold BTC to their will.

Considering that Ethereum has just 10 holders controlling 51% of the supply, an attack on the network is possible if these entities come together. The chances of it happening, though, are quite slim.

Still, the fact the likes of ETH, SHIB, and UNI are notably centralized on just a few holders could be something to watch for. In contrast, some other tokens in the ecosystem like USDC (28.6%), DAI (31%), and Chainlink (31.5%) are in a healthier zone in terms of this metric.

ETH Price

Ethereum has seen a surge of almost 4% over the last 24 hours that has taken its price to the $4,380 mark.

Ethereum Price Chart

The price of the coin seems to have shot up over the past day | Source: ETHUSDT on TradingView

Featured image from Dall-E, Santiment.net, chart from TradingView.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.

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Apple patches iOS zero-day that put crypto wallets at risk via malicious images https://earlybirdsinvest.com/apple-patches-ios-zero-day-that-put-crypto-wallets-at-risk-via-malicious-images/ https://earlybirdsinvest.com/apple-patches-ios-zero-day-that-put-crypto-wallets-at-risk-via-malicious-images/#respond Fri, 22 Aug 2025 12:37:00 +0000 https://earlybirdsinvest.com/apple-patches-ios-zero-day-that-put-crypto-wallets-at-risk-via-malicious-images/

Apple released iOS 18.6.2 and iPadOS 18.6.2 on Aug. 20, 2025, along with macOS Sequoia 15.6.1, Sonoma 14.7.8, and Ventura 13.7.8, to fix a zero-day in the ImageIO framework that was exploited in the wild.

Per Apple, processing a malicious image could corrupt memory, enabling code execution, and the company is aware of a report of use in an extremely sophisticated attack targeting specific individuals.

The flaw sits in ImageIO, the component that parses common image formats, which makes delivery via everyday channels, including messaging apps and web content, straightforward from an attacker’s perspective. As security outlets reported, the bug is tracked as CVE-2025-43300 and stems from an out-of-bounds write that Apple addressed with improved bounds checking.

The crypto angle is direct. Wallet owners often copy and paste recipient addresses, and many keep recovery phrases in screenshots or photo storage for convenience. Research this year documented families of mobile spyware and stealers that scan galleries using optical character recognition and exfiltrate images with seed phrases, as well as strains that monitor the clipboard to swap addresses during a transaction.

As Kaspersky reported, SparkCat and its successor SparkKitty used OCR to harvest seed phrases from photos on both iOS and Android, including samples observed on official app stores.

A compromise achieved through a booby-trapped image can, therefore, act as an initial foothold to enable gallery scraping for recovery phrases, surveillance of crypto app activity, and clipboard hijacking during on-chain transfers. Previous research on clipboard hijackers explains how address strings are silently replaced to redirect funds during copy-paste, a tactic long used by drainer operations.

The current incident also fits a pattern of high-value iOS exploit chains used against targeted users. In 2023, Citizen Lab documented a zero-click chain, dubbed Blastpass, used to deliver commercial spyware, demonstrating how image and message parsing bugs can be linked for device takeover without user interaction.

That historical baseline, coupled with Apple’s acknowledgment of real-world use in the present case, frames the risk for crypto users who rely on mobile devices as primary signing endpoints.

Impact spans recent iPhone models and iPads covered by iOS 18 and iPadOS 18, including iPhone XS and later, plus supported Macs on Sequoia, Sonoma, and Ventura. Users can verify protection by confirming iOS or iPadOS 18.6.2, macOS Sequoia 15.6.1, Sonoma 14.7.8, or Ventura 13.7.8 in Settings, then rebooting after installation.

Security outlets urged immediate updates following Apple’s release and disclosure.

For a crypto-savvy audience, the operational takeaway is to close exposure by updating and to reduce post-exploit blast radius by moving seed storage off photo libraries, reviewing app photo permissions, limiting clipboard access, and treating mobile wallets as hot environments with strict hygiene.

Apple’s notes state the root cause was an out-of-bounds write in ImageIO that is now mitigated with stricter bounds checks, and the company confirmed exploitation reports when shipping the patch.

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Google Play Store bans crypto wallets in 15 jurisdictions, requires new licensing compliance https://earlybirdsinvest.com/google-play-store-bans-crypto-wallets-in-15-jurisdictions-requires-new-licensing-compliance/ https://earlybirdsinvest.com/google-play-store-bans-crypto-wallets-in-15-jurisdictions-requires-new-licensing-compliance/#respond Thu, 14 Aug 2025 06:52:43 +0000 https://earlybirdsinvest.com/google-play-store-bans-crypto-wallets-in-15-jurisdictions-requires-new-licensing-compliance/

Google Play Store introduced licensing requirements for cryptocurrency wallet applications across 15 jurisdictions, including the US and the EU.

According to a report by the Rage, developers must obtain regulatory approvals before publishing apps on the platform.

Furthermore, the policy requires software wallet developers to comply with local financial regulations “to ensure a safe and compliant ecosystem for users.” 

The requirements apply to both custodial and non-custodial wallets, creating compliance burdens that many developers cannot meet.

In the US, developers must register with FinCEN as a Money Services Business (MSB) and obtain state money transmitter licenses, or operate as federally or state-chartered banking entities.

MSB registration requires adherence to strict Anti-Money Laundering, Counter Terrorist Financing, and Know Your Customer frameworks.

Policy exceeds legal requirements

The report noted that Google’s requirements extend beyond current legal obligations for non-custodial wallets. 

FinCEN’s 2019 guidance on Convertible Virtual Currencies distinguishes between “hosted” custodial and “unhosted” non-custodial wallets, explicitly stating that non-custodial wallets do not qualify as money transmitters under existing regulations.

The compliance programs required of MSBs represent the highest cost burden for financial institutions and would effectively exclude most non-custodial wallet developers from the Play Store. 

The policy forces AML and KYC requirements on all non-custodial wallets available through standard Google devices.

Industry criticism mounts

Consensys lawyer Bill Hughes highlighted the policy inconsistencies on August 1, noting that Google announced the updated policy on July 10 without clearly defining “software wallet” terminology. 

Hughes observed that registering as an MSB is “something FinCEN has specifically and clearly not required” for non-custodial wallets.

He added:

“They don’t define the term and do not acknowledge that registering as an MSB is something FinCEN has specifically and clearly not required.”

He noted Google’s broader statement that cryptocurrency activities “should be conducted through certified services in regulated jurisdictions,” despite certification not being legally required.

Hughes characterized the situation as “a bit of a mess” and warned that “the final boss for crypto is now more likely to be the Big Tech platforms that still dictate the major crypto app distribution channels.”

Justin Slaughter, vice president of regulatory affairs at Paradigm, criticized the policy as particularly problematic given Google’s ongoing antitrust litigation. 

He said:

“Surprising move here by Google, especially amid their antitrust litigation, to suddenly place draconian restrictions on persons making non-custodial wallets available on the App Store.”

Slaughter referenced pending congressional legislation, noting that “pure coding should not require a federal license” as outlined in draft bills addressing cryptocurrency regulation.

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Scammers Pose as Tech Firms to Drain Crypto Wallets, Darktrace Warns https://earlybirdsinvest.com/scammers-pose-as-tech-firms-to-drain-crypto-wallets-darktrace-warns/ https://earlybirdsinvest.com/scammers-pose-as-tech-firms-to-drain-crypto-wallets-darktrace-warns/#respond Sat, 12 Jul 2025 19:14:21 +0000 https://earlybirdsinvest.com/scammers-pose-as-tech-firms-to-drain-crypto-wallets-darktrace-warns/

Darktrace, a cybersecurity firm, has warned that online scammers are using fake startups to steal cryptocurrency from unsuspecting users.

According to the findings shared on July 10, the attackers use methods similar to those seen in “Traffer Group” campaigns, which are known for stealing account details and other sensitive data through malicious software.

This scam works by creating fake companies that claim to work in areas like artificial intelligence (AI), gaming, Web3, and social media. These fake start-ups use hacked X accounts to contact people and also publish posts on Medium and GitHub to make their projects look real.

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Darktrace explained in the report that victims are usually approached through private messages on X, Telegram, or Discord. The cybersecurity firm noted:

A fake employee of the company will contact a victim asking to test out their software in exchange for a cryptocurrency payment.

The attackers then send a link to download the malicious software. When victims install it, a Cloudflare security screen appears, while the program secretly begins collecting data from the computer.

As part of this process, the malware steals the victim’s cryptocurrency wallet credentials. Both Windows and Mac users have been affected, the report stated.

On July 8, BitMEX



$51.24K

Research reported that a Bitcoin
BTC


$117,573.51

wallet linked to the Mt. Gox hack has become the target of a new scam. How? Read the full story.

Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.


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War Wallets Exposed: 60 Crypto Operators Under Ukraine’s Gun https://earlybirdsinvest.com/war-wallets-exposed-60-crypto-operators-under-ukraines-gun/ https://earlybirdsinvest.com/war-wallets-exposed-60-crypto-operators-under-ukraines-gun/#respond Tue, 08 Jul 2025 06:30:22 +0000 https://earlybirdsinvest.com/war-wallets-exposed-60-crypto-operators-under-ukraines-gun/

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In a defiant move, Ukraine strikes at crypto routes fueling Russia’s war machine. The war-torn European country has unleashed a dramatic wave of sanctions designed to choke off the digital pipelines that have been fueling Russia’s military campaign.

President Volodymyr Zelenskyy signed Decree No. 465/2025, effectively freezing the assets and banning operations of 60 crypto firms—55 based in Russia and five scattered across Cyprus, Kazakhstan and the UAE.

This sweeping action is meant to send a strong message: crypto won’t be a safe haven for money that bankrolls conflict.

Sanctions Span Exchange Miners And Issuers

According to the decree, five crypto exchanges are accused of moving funds for sanctioned Russian entities. Nineteen mining operations have been caught processing coins linked to sanctioned individuals.

Seventeen platforms that issue digital assets already under US restrictions are now blocked in Ukraine. Another 19 companies—from makers of payment terminals to brokers arranging international transfers—face asset freezes and activity bans.

Ukraine didn’t stop at companies. The sanctions list also names 73 individuals, all Russian citizens, including high‑ranking central bank officials.

Based on reports from Ukraine’s National Security and Defense Council, these measures will be shared with allies like the EU and the US. That way, they can mirror the bans and tighten the grip on every channel Russia uses.

Total crypto market cap currently at $3.3 trillion. Chart: TradingView

Coordination With Allies Aims To Close Loopholes

Vladyslav Vlasiuk, Ukraine’s commissioner for Sanctions Policy, said Kyiv will urge its partners to adopt matching rules. The goal is to close every loophole Russia uses to fund its military.

Zelenskyy revealed that one single firm moved “several billion dollars” since January to support Russia’s military‑industrial complex. That figure shows why digital channels have become critical for sanctioned players.

New Stablecoin Highlights Growing Risks

Based on reports by the Financial Times and the Centre for Information Resilience, Russia’s crypto use is on the rise. A new stablecoin called A7A5, pegged to the ruble, moved over $9 billion in just four months on the Grinex exchange.

More than 12 billion A7A5 tokens now float in circulation, backed by roughly $156 million in reserves held at the US‑sanctioned Promsvyazbank. Only a few wallets handled most of that volume, showing how a small group can steer vast sums.

Meanwhile, five non‑Russian companies also made the list: Token Trust Holdings Limited in Cyprus, EXMO RBC Limited in Kazakhstan, AWX Solutions and Crypto Explorer DMCC in the UAE, and Bitpapa IC FZC in the UAE.

All five are already under US restrictions. Their inclusion highlights how sanctions evasion often relies on a global network of service providers.

Featured image from Unsplash, chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.

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Two Ethereum Genesis wallets wake, move $2.9M ETH https://earlybirdsinvest.com/two-ethereum-genesis-wallets-wake-move-2-9m-eth/ https://earlybirdsinvest.com/two-ethereum-genesis-wallets-wake-move-2-9m-eth/#respond Tue, 08 Jul 2025 00:54:17 +0000 https://earlybirdsinvest.com/two-ethereum-genesis-wallets-wake-move-2-9m-eth/

Two Ethereum wallets dormant for nearly a decade were activated on Monday, moving a combined 1,140 Ether tokens worth nearly $2.9 million.

The two wallets — one starting in “0x27” and the other “0x7f” — were created 3,630 days ago, on July 30, 2015. That date marked the mainnet launch of the Ethereum blockchain, a phase called “Frontier” in the history of the ecosystem. Both wallets received their inicial Ether (ETH) from transactions labeled as “GENESIS” on Etherscan, indicating they were funded at launch.

Wallet, Hodl, Ethereum Price
900 ETH moved after nearly a decade of dormancy. Source: Whale Alert

Ethereum debuted in 2015 as a proof-of-work blockchain, featuring traditional mining and block rewards akin to the Bitcoin network. It transitioned to a proof-of-stake mechanism in September 2022 during The Merge, a move aimed at reducing the energy usage required to run the network.

According to TradingView, ETH has appreciated 89,450% in the nearly 10 years that the wallets have remained dormant.

ETH-USD price change over time. Source: TradingView

Crypto watchers have seen a wave of dormant whale wallets reawakening lately. On Friday, three Bitcoin (BTC) wallets that had been dormant for 14 years awakened and transferred billions of dollars in funds.

In 2024, dormant Satoshi-era Bitcoin wallets reawakened to transfer coins worth nearly $44 million at the time.

Related: Ethereum’s comeback strategy — Foundation exec reveals what’s next

Ethereum developments include Pectra upgrade, gas cap

Ethereum’s latest upgrade, called Pectra, has brought smart accounts, improved scalability, and higher staking limits to its ecosystem. Ethereum developers initiated the upgrade on May 7, and since then, the price of ETH has risen to $2,540 from $1,812, according to CoinMarketCap.

Vitalik Buterin has submitted further developments for the ecosystem. On Sunday, the Ethereum co-founder and researcher Toni Wahrstätter issued a proposal that contains a gas cap of 16.77 million for individual transactions.

According to the authors, this would increase Ethereum’s performance and security. “By implementing this limit, Ethereum can enhance its resilience against certain DoS vectors, improve network stability, and provide more predictability to transaction processing costs.”

Magazine: TradFi is building Ethereum L2s to tokenize trillions in RWAs — Inside story

]]> https://earlybirdsinvest.com/two-ethereum-genesis-wallets-wake-move-2-9m-eth/feed/ 0 46365 Bitcoin’s ‘Elite’ Wallets Rise by 231 as Retail Sentiment Declines Sharply https://earlybirdsinvest.com/bitcoins-elite-wallets-rise-by-231-as-retail-sentiment-declines-sharply/ https://earlybirdsinvest.com/bitcoins-elite-wallets-rise-by-231-as-retail-sentiment-declines-sharply/#respond Fri, 20 Jun 2025 11:09:46 +0000 https://earlybirdsinvest.com/bitcoins-elite-wallets-rise-by-231-as-retail-sentiment-declines-sharply/

Bitcoin remains steady above the crucial $100K threshold as it traded just 6% below its all-time high of $111.8K. While this price strength amidst geopolitical concerns, global trade tensions, and seasonal sluggishness might suggest increased on-chain activity, a clear disconnect has started to form on the network.

In fact, Bitcoin wallets are showing a substantial divergence as the leading crypto asset’s price hovers above.

Elite Wallets Rise

Over the past 10 days, the number of “elite wallets” holding 10 or more BTC has increased by 231, a 0.15% rise, according to Santiment’s latest analysis. On the other hand, retail wallets holding between 0.001 and 10 BTC have dropped by 37,465.

Historically, rising whale accumulation paired with falling retail confidence has indicated bullish momentum ahead for the broader crypto market.

Meanwhile, Glassnode made a similar observation and revealed that the Bitcoin network is seeing fewer transactions but larger ones, as settlement volumes rise despite a dip in total transaction count. This pattern implies that big players, such as institutions or high-net-worth individuals, are driving current on-chain activity and have replaced smaller retail movements with high-value transfers.

Beyond reduced participation, sentiment among retail investors has turned sharply negative. Bullish-to-bearish comment ratios have dropped to 1.03, which happens to be the lowest since April 6th, during peak fear around tariff concerns. Historically, such pessimism has often signaled a price rebound, as markets tend to move against prevailing retail sentiment.

Bitcoin’s Ownership Landscape

Only a small group of large buyers – mainly ETFs, corporate treasuries, and funds – are absorbing supply. This has resulted in a “plateau” in new wallet creation and reduced transactional activity. Matrixport said that Bitcoin is increasingly viewed as a store of value rather than a spending tool.

The market is now seeing the distribution of supply from early miners and mega whales to newer institutional whales. With minimal new retail capital entering the space, these two groups dominate market influence. Despite the bullish ETF narrative, the real test lies ahead – if selling pressure continues to meet ETF demand, the current market lull could break dramatically in either direction.

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16 Billion Exposed Passwords Give Hackers Blueprint to Drain Wallets – Crypto Security Alert https://earlybirdsinvest.com/16-billion-exposed-passwords-give-hackers-blueprint-to-drain-wallets-crypto-security-alert/ https://earlybirdsinvest.com/16-billion-exposed-passwords-give-hackers-blueprint-to-drain-wallets-crypto-security-alert/#respond Thu, 19 Jun 2025 21:43:02 +0000 https://earlybirdsinvest.com/16-billion-exposed-passwords-give-hackers-blueprint-to-drain-wallets-crypto-security-alert/

Journalist

Hassan Shittu

Journalist

Hassan Shittu

About Author

Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in…

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A recent data breach has exposed over 16 billion login credentials from online platforms, including Apple, Google, Facebook, Telegram, and GitHub.

The Cybernews research team, which uncovered the leak, described it as one of the largest credential dumps ever recorded, with serious implications for online users, crypto security, and digital asset management.

16B Login Records Leaked in Alarming Wave of Fresh Malware-Based Breaches

According to researchers, the breach is not a single incident but a combination of datasets collected from infostealer malware, credential stuffing attacks, and previously unreported leaks.

Some of these datasets contained up to 3.5 billion entries on their own, with the average dataset holding around 550 million records. The researchers have been tracking the data since early 2024, uncovering at least 30 exposed sets, many of them never publicly disclosed before.

“This is not just a leak—it’s a blueprint for mass exploitation,” the Cybernews team stated.

“With over 16 billion login records exposed, cybercriminals now have unprecedented access to personal credentials that can be used for account takeover, identity theft, and highly targeted phishing,” they added.

The structure and recency of the data make the breach especially dangerous. Unlike older, recycled leaks, much of this data was harvested recently by modern info-stealing malware, posing an urgent crypto security threat to users.

The data typically includes login details organized by URL, along with associated usernames, passwords, cookies, and even tokens.

Some datasets point to specific services, such as Telegram, which was linked to a 60 million record dump.

Another, allegedly tied to the Russian Federation, held more than 455 million records. A number of entries also appear related to cloud services, government portals, and business accounts.

Most of the data was found in unsecured Elasticsearch databases and object storage instances. Though these were exposed for only a short period, it was long enough for researchers to copy the contents.

The origin of the datasets remains unclear, but experts believe that at least some were compiled by criminal actors.

Massive Credential Leaks cRaise Alarm for Crypto Users Amid Dark Web Sales

At this scale, credential leaks are a direct threat to crypto security. Attackers can deploy phishing scams, ransomware, business email compromise tactics, and unauthorized access to crypto wallets and trading platforms.

Users without multi-factor authentication (MFA) are especially vulnerable.

“The inclusion of both old and recent infostealer logs—often with tokens, cookies, and metadata—makes this data particularly dangerous for organizations lacking multi-factor authentication or credential hygiene practices,” researchers added.

While the full number of people affected is impossible to determine due to overlapping records, the scale means even a small success rate could translate into millions of compromised accounts.

Crypto users, in particular, are advised to act quickly. Since wallet services and exchanges often rely on credentials linked to mainstream email providers or cloud services, any breach could lead directly to asset theft.

Cybernews stressed the importance of basic cyber hygiene. Users should change passwords immediately, turn on MFA wherever possible, and scan their devices for malware.

“There’s little impact users can have on the existence of these leaks,” the research team noted, “but staying proactive with your own security remains the best defense.”

At the time of reporting, no single actor has claimed responsibility for the leaked databases.

But with new datasets emerging every few weeks, researchers say this reflects a growing trend of sophisticated infostealer operations that threaten the entire crypto security ecosystem.

For now, the leak stands as a stark reminder of how exposed digital life can be and how quickly stolen credentials can turn into real-world consequences.

This reminder can be corroborated with the recent incident of threat actors on the dark web allegedly selling personal data from users of major crypto exchanges Gemini and Binance, according to a March 27 report by cyber threat tracker Dark Web Informer.

A threat actor known as “AKM69” is claiming to offer 100,000 Gemini records, including names, emails, phone numbers, and location data, mostly from the U.S., U.K., and Singapore.

Another seller, “kiki88888,” listed 132,000 alleged Binance user records, though the source appears to be infostealer malware, not an exchange breach.

Though there’s no confirmed breach of the exchanges themselves, the incident shows the evolving threat to crypto security, with stolen credentials often repurposed for phishing, fraud, and wallet recovery scams.


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