Crypto Wallet

Exodus

2026-08-11 03:22:33

Exodus posts $18.6 million net loss in Q2 as administrative costs jump 138%

Crypto wallet company Exodus reported second-quarter revenue of $26.2 million, up 2% from a year earlier, but swung to a net loss of $18.6 million after posting a $37.7 million profit in the same period last year. The company’s general and administrative expenses rose 138% year over year to $44.7 million. Exodus said its quarterly results included partial contributions from the acquisitions of Monavate and Baanx. User and trading metrics also weakened during the period, with month-end monthly active users falling to 1.4 million, down 6.7% from the previous quarter, while quarterly Swap volume came in at $1.1 billion, down 8.3% quarter over quarter. The figures were cited by AP News and relayed by BlockBeats on Aug. 11.

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Changpeng Zha

2026-08-03 06:20:57

CZ shares mnemonic backup guide first written in 2020 and updated in 2025

Changpeng Zhao, known on X as @cz_binance, said he has shared an article on how to back up wallet mnemonic phrases, a guide he originally wrote in 2020 and updated in 2025. Zhao said the piece goes through several backup methods in detail and, despite its length, is worth reading. The guide focuses on one of the most important security elements in crypto wallets: the mnemonic phrase, whose storage and recovery setup can directly affect asset safety. According to the Techub News item, the article also offers specific backup recommendations for different usage scenarios, aiming to help users strengthen how they protect their crypto holdings. The update puts renewed attention on self-custody practices and the practical steps users can take to reduce the risk tied to losing or exposing wallet recovery information.

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MoonPay

2026-07-29 19:31:03

MoonPay launches PayBox, putting a crypto wallet and payments inside Claude and ChatGPT

MoonPay has launched PayBox, a payment vault that connects to Claude and ChatGPT and lets AI agents complete transactions after user approval. The system stores crypto wallets and payment cards in a secure vault, lines up transactions inside the chat flow, and uses a passkey on the user’s device to authorize payment. At launch, PayBox supports restaurant reservations, flight bookings, shopping across major online retailers, token swaps, cross-chain fund transfers, and routing assets into DeFi protocols such as Aave. It starts with support for Solana and seven Ethereum-compatible chains: Ethereum, Hyperliquid, Tempo, Base, Robinhood Chain, Arbitrum, and Polygon. MoonPay also said PayBox works with x402, the open payments protocol developed by Coinbase and later donated to the Linux Foundation, now supported by Visa, Mastercard, Stripe, Shopify, AWS, and Anthropic. The infrastructure comes from Sodot, the Israeli key management startup MoonPay acquired in April for roughly $100 million in an all-stock deal. According to MoonPay, wallet keys are split with MPC and stored across TEEs so no single party, including MoonPay or the AI agent, can access a full key or sign on its own.

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MoonPay

2026-07-29 13:09:42

MoonPay launches PayBox, an AI payments tool that connects with ChatGPT and Claude

MoonPay has rolled out PayBox, a new AI payments tool that can be connected to ChatGPT or Claude, according to The Block. The product is designed to let AI assistants prepare transactions for activities such as booking flights, reserving restaurants, and making online purchases. Users can either require passkey approval for every transaction or set spending limits that allow the AI to complete payments on its own. PayBox combines a crypto wallet with a payment card and supports cross-chain transactions based on the x402 agent payment standard. At launch, it works with Solana and a range of EVM-compatible networks, including Ethereum, Hyperliquid, Tempo, Base, Robinhood Chain, Arbitrum, and Polygon. MoonPay said it plans to add support for more AI platforms and DeFi features, including token swaps and perpetual futures trading, within the next month. The company also said wallet private keys are protected through MPC and TEE, while card information is stored in a way that lets AI agents complete purchases without accessing the underlying card details.

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Safe

2026-07-29 12:56:09

Safe logged nearly 130 million Q2 transactions as revenue fell more than 30% from Q1

Safe posted a record transaction count in the second quarter, according to its latest report cited by The Block and relayed by BlockBeats on July 29. The crypto wallet protocol said it processed nearly 130 million transactions during the quarter, while total accounts created topped 63 million, up 20% year over year. The report also said roughly $1 of every $48 in global stablecoin supply is held in Safe. Revenue moved in the opposite direction. Safe reported about $1.98 million in revenue for the quarter, down from $2.88 million in the first quarter, a decline of more than 30% on a quarter-over-quarter basis. The report said the drop may be tied to pressure on crypto prices. Most of Safe’s transaction volume in the quarter came from consumer applications on World Chain and Polygon. World App accounted for 52% of activity, while Polymarket made up 35.7%. The report also gave an update on Safenet, Safe’s onchain security network launched in beta in April. By the end of the quarter, Safenet had handled 456,000 transaction checks, secured by staked SAFE tokens. Current staking stands at about 54.8 million SAFE.

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Solflare

2026-07-29 00:43:54

Solflare Card suspended after partner Kulipa halts operations over solvency issues

Solflare Card has been suspended after Kulipa, the card-issuing partner behind the product, stopped operating because of solvency issues, according to a post on X by Solflare co-founder Vidor. He said user funds remain safe because the card runs on an end-to-end self-custody model: charges are deducted directly from users’ wallets, with no need to preload funds or top up balances, and no customer assets are held by the issuer. Vidor also said the Solflare team had tried to help Kulipa find a buyer and explored ways to keep the service going, but those efforts did not succeed. A new version of Solflare Card is already in development and is expected to launch within weeks. The upcoming version will keep the same self-custody structure while adding Apple Pay, Google Pay, higher spending limits, and cashback features.

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Apple

2026-07-27 19:13:37

Apple sued over alleged crypto wallet scam apps on the App Store

Apple has been sued in the U.S. District Court for the Northern District of California over allegations that it failed to stop fraudulent cryptocurrency apps distributed through the App Store. Three users claim Apple’s review process did not prevent a fake app posing as the bitcoin wallet Sparrow Wallet from being listed, even though the official Sparrow Bitcoin Wallet is not available on iOS. According to the complaint, the three users transferred bitcoin into the fake app and suffered combined losses of more than $1.8 million, including about $875,000, $840,000 and $120,000 respectively. The plaintiffs argue that Apple has long promoted the App Store’s strict review standards and closed ecosystem as a security advantage, and should therefore bear responsibility for fraudulent apps hosted on the platform. The lawsuit also cites public criticism from the founder of Sparrow Bitcoin Wallet. The plaintiffs are seeking a jury trial, recovery of losses, additional damages, and stronger App Store risk warnings and security disclosures. Apple said impersonating other apps violates App Store rules, that it removes such apps quickly, and that no Sparrow Wallet impersonation app is currently on the App Store.

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Trezor

2026-07-24 09:35:18

Trezor Unveils Safe 7, the First Hardware Wallet With a Transparent Secure Element

Trezor has introduced Safe 7, a new flagship hardware wallet featuring the auditable TROPIC01 secure element, a quantum-ready architecture, BLE connectivity, and Qi2 wireless charging. The device is priced at $249.

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