The post Ctrl Wallet to shut down August 3 after security exploit appeared on BitcoinEthereumNews.com.
Ctrl Wallet, a multi-chain crypto wallet application that supported more than 2,500 blockchain networks, has told users that it will pull most of its features from the app by August 3, urging them to move their funds before this date. The decision follows a security breach on the wallet last month tied to its Cardano integrations. The wallet’s developers chose to decommission the product after the exploits, and as of today, the app cannot be downloaded anymore. The app has disappeared from the Apple App Store, Google Play, and all browser extension marketplaces. The app remains available to all who had it already installed till August 2. Until this date, transfers, swaps, and dApp connections will continue to work as normal, along with seed-phrase exports. On August 3, the wallet would go into an export-only state where users will only be able to reveal and export their recovery phra
The Aptos flaw highlights the critical need for robust security measures in blockchain networks, influencing DeFi deployment decisions.
The post Aptos flaw exposes $70B in network value risk, say hackers appeared first on Crypto Briefing.
The post Ctrl Wallet Shuts Down, Users Must Move Funds Today. appeared on BitcoinEthereumNews.com.
Ctrl Wallet will disable core services on August 3, leaving only recovery phrase exports available. Users should move funds or import recovery phrases into supported wallets before the shutdown date. Ctrl Wallet warned that migration rewards, airdrops, and CTRL token offers are all fraudulent scams. Ctrl Wallet will permanently shut down its services on August 3 after a recent security incident, prompting users to secure their assets immediately. The company confirmed wallet functions will stop operating after the deadline, while recovery phrase exports will remain available for users migrating funds. Users Have Until August 3 to Move Assets In a blog post, Ctrl Wallet announced that sending, receiving, swapping, and decentralized application connections will permanently end on August 3, 2026. However, users will still retain access to export their recovery phrases after the service shutd
Ctrl Wallet will disable core services on August 3, leaving only recovery phrase exports available. Users should move funds or import recovery phrases into supported wallets before the shutdown date. Ctrl Wallet warned that migration rewards, airdrops, and CTRL token offers are all fraudulent scams. Ctrl Wallet will permanently shut down its services on August […]
The post Ctrl Wallet Shuts Down After Exploit, Urges Users to Withdraw Funds appeared first on Live Bitcoin News.
The post European Giant Clearstream Adds XRP and Other Tokens to Custody Offering: Full List appeared on BitcoinEthereumNews.com.
Clearstream, the major European post-trade services provider and subsidiary of the Deutsche Börse Group, has expanded its cryptocurrency custody footprint. The firm has announced the addition of a roster of new cryptocurrencies, including the Ripple-linked XRP, Stellar (XLM), Cardano (ADA), Solana (SOL), Litecoin (LTC), and Avalanche (AVAX). These new digital assets join Bitcoin (BTC) and Ether (ETH). According to the firm, this expansion caters to the growing demand for MiCA-compliant (Markets in Crypto-Assets) digital assets within institutional finance. European Giant Clearstream Adds XRP and Other Tokens to Custody Offering: Full List Ripple Exec: Washington Can’t Ignore Crypto Initial entry into crypto Clearstream is one of the world’s largest settlement and custody firms. It provides infrastructure securities across 60 different markets. In early 20
The post Ctrl Wallet Sets Aug. 3 Deadline for Asset Migration appeared on BitcoinEthereumNews.com.
Ctrl Wallet will end core services on August 3 and switch to recovery phrase export only. Users must export recovery phrases or move assets before August 3 to retain access. Ctrl Wallet warns users to ignore fake migration token refunds and airdrop scams. Ctrl Wallet users have less than a month to secure access to their digital assets after the company confirmed that the wallet will permanently discontinue its core services. Under the announced timeline, the application will continue operating normally until August 2, 2026, before switching to an export-only mode on August 3. Users who rely on the mobile application or browser extension must either transfer their assets to another wallet or exchange or export their recovery phrase before the shutdown date. The announcement also outlines the staged removal of the wallet from app stores and warns users against fraudulent migration or airdr
The post Cardano (ADA) Gives Back Half of Its 27% Weekly Rally appeared on BitcoinEthereumNews.com.
Cardano News Cardano (ADA) has surrendered roughly half of a punishing 27% weekly rally, sliding toward $0.18 in its third consecutive session of losses. Our reading of the tape shows the token down about 3.5% over 24 hours, with the retreat looking less like orderly profit-taking and more like a fading impulse. The question facing every ADA holder is whether this is healthy consolidation after an outsized surge or the opening leg of a structural rollover. The candles alone do not settle it — but the derivatives book beneath them, which we walk through below, leans toward caution as leveraged positioning unwinds and buyers step back from chasing this altcoin higher. Derivatives open-interest data underscores the shift. ADA futures open interest fell 8% in 24 hours to $434.34 million, a meaningful flush of leveraged exposure that typically accompanies position closures rather than fresh c
The post ‘Regular cycle’ disrupted? Hoskinson blames U.S. politics for crypto’s stall appeared on BitcoinEthereumNews.com.
Cardano’s Charles Hoskinson has criticized Trump’s involvement in the industry after nearly two years in office. In a recent interview with David Gokhshtein, Hoslinon contended that the cryptocurrency market is no longer propelled by its own technological advancement and uptake. Instead, it has become unduly reliant on American politics and regulation. Why is Hoskinson taking a jab at Trump? Hoskinson added his frustration, noting that what they consider to be a typical cryptocurrency market cycle has been repeatedly disrupted by political unpredictability in the United States. He believes investors spent much of their time reacting to policy uncertainty. Key questions included whether the U.S. would pass comprehensive crypto legislation, how tariff or monetary policies would affect risk assets, and whether the Trump administration would continue supporting the in
The post Ctrl Wallet shuts down after exploit, urges users to move funds appeared on BitcoinEthereumNews.com.
Ctrl Wallet has announced the permanent shutdown of its services after a recent security exploit, giving users until Aug. 3 to move their crypto assets before core wallet functions go offline. Summary Ctrl Wallet will permanently shut down on Aug. 3 and has urged users to move funds before wallet services end. Users can still recover assets later by importing their 12- or 24-word recovery phrase into compatible wallets. The shutdown follows a recent Cardano-related exploit and comes amid a string of crypto wallet and bridge security incidents. Ctrl Wallet said in a blog post published Tuesday that it will disable sending, receiving, swapping and all other wallet functions from Aug. 3, leaving users with only the ability to export their recovery phrases. Ctrl Wallet is shutting down. Starting 3 August 2026, sending, receiving, swapping and dApp connections within the app will no