Atomic Wallet Hack: What We Know (And What To Do Next)

Atomic Wallet, a self-custodial, decentralized cryptocurrency wallet, has confirmed the loss of millions of dollars in users’ assets.  Hundreds of users have reported losses on Twitter, Reddit, and other social media platforms, and the company says that they’re investigating the...
June 5, 2023

Texas May Become First State to Regulate Cryptocurrency

Texas will likely become the first state to regulate digital asset providers, which could have enormous ramifications for the cryptocurrency community. House Bill (HB) 1666 is awaiting the governor’s signature. Introduced by State Representative Giovanni Capriglione (R), the bill would...
May 30, 2023

Cryptocurrency Prices Fall Following Silvergate Liquidation

Silvergate Capital, a bank offering cryptocurrency-friendly services, has announced its impending liquidation, sending Ethereum and Bitcoin markets tumbling by about 2%. The last 12 months have been difficult for crypto investors, though the market has shown some signs of...
March 9, 2023

Are Crypto Wallets Safer Than Crypto Exchanges?

If you’re investing in cryptocurrencies, you actually need to be able to access your assets in order to trade them. To that end, you can either store your crypto on your computer in a wallet or use a cryptocurrency exchange....
January 19, 2023

Bitcoin Is Rallying: What Crypto Traders Should Know

Bitcoin, Ethereum, and other major cryptocurrencies seem to be bouncing back from the “crypto winter” bear market.  At the time of writing, 1 bitcoin (BTC) was valued at around $21,290, a dramatic increase from its recent low of $15,760 on...
January 18, 2023

What Are The Odds of Someone Getting The Same Bitcoin Seed Phrase?

Cryptocurrencies use seed phrases, also called recovery phrases, as a sort of master password. If you have the seed phrase, you can restore your crypto assets even if you’ve lost access to your wallet — so if your hard drive...
January 10, 2023

Can Someone Steal My Crypto with Just a Seed Phrase?

As leaders in cryptocurrency recovery, Datarecovery.com often receives questions about the security features of various wallets. While we don’t recommend a specific wallet — or a specific cryptocurrency — we’re happy to address some common misconceptions about the technology.  Recently,...
December 28, 2022

Will the Ethereum Merge Cause a Fork in the Blockchain?

For cryptocurrency enthusiasts, a hard fork is potentially exciting news — and the upcoming Ethereum Merge (also called Ethereum 2.0, or simply “the Merge”) could prompt one of the largest forks in recent memory. In September 2022, the Ethereum blockchain...
August 31, 2022

The Ethereum Merge is Coming: Here’s What You Should Know

The Ethereum network is expected to transition to a proof-of-stake (PoS) model in mid-September 2022, which could change the world of cryptocurrency in profound ways. For investors, these are exciting — and frightening — times.  Ethereum is the second-most popular...
August 26, 2022

Crypto Bridge Nomad Loses $200 Million in Alleged Hack

Nomad, a startup that allows users to trade cryptocurrency tokens between different blockchains, has acknowledged losses of nearly $200 million in crypto due to an apparent security vulnerability.  Crypto hacks certainly aren’t new, and blockchain bridges are frequent targets. In...
August 4, 2022