Coinbase Wallet Users Can Now Back Up Their Private Keys on Google Drive and iCloud. How Safe Is It?

A look into the Coinbase Wallet’s new feature. On Feb. 12, San Francisco-based cryptocurrency exchange Coinbase announced that users of its Coinbase Wallet can now back up their private keys on cloud storage, namely on Google Drive and iCloud. The move has received mixed reaction from crypto community and cybersecurity experts, some of whom seem […]

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Users of Crypto Wallets Electrum and MyEtherWallet Face Phishing Attacks

Users of digital currency wallets Electrum and MEW are purportedly facing phishing attacks attempting to steal their sensitive information. Users of cryptocurrency wallets Electrum and MyEtherWallet are currently facing phishing attacks, according to posts published on Reddit and Twitter on Feb. 4. A phishing attack is an attempt to obtain sensitive data like users’ personal […]

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QuadrigaCX Is Filing for Creditor Protection Amid Liquidity Crisis, Community Remains Largely Skeptical

Canadian cryptocurrency exchange is in hot water. Canadian cryptocurrency exchange QuadrigaCX is in hot water: Following the sudden death of its 30-year-old founder, Gerald Cotten, the exchange has allegedly lost access to its cold wallets, where most of the funds were stored. Now, the exchange has taken to court to avoid the collapse, but some […]

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Canadian Cryptocurrency Exchange QuadrigaCX Files for Creditor Protection in Nova Scotia

Canadian cryptocurrency exchange QuadrigaCX has filed for creditor protection in the Nova Scotia Supreme Court. Following months of financial and legal troubles, major Canadian cryptocurrency exchange QuadrigaCX has filed for creditor protection, according to an official announcement on Jan. 31. Per a statement on the exchange’s website, the firm filed an application for creditor protection […]

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