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Crypto

Crypto recovery firm finds $10 in wallet said to hold 5,000 bitcoin

A cryptocurrency recovery firm asked to restore access to a wallet said to hold 5,000 bitcoin found assets worth only about $10, a case highlighting that recovery typically means restoring access to an existing wallet rather than retrieving coins from a blockchain. The report describes how missing seeds, passwords and passphrases affect recovery, when recovery is impossible, and why choosing a provider requires caution because seed phrases and private keys cannot be changed.

Crypto

Bitcoin wallet industry faces disruption as standard interface support ends

A standard interface linking Bitcoin Core to hardware wallets, HWI (Hardware Wallet Interface), is effectively moving toward an end-of-life phase, CryptoSlate reported. The maintainer said HWI has long been in maintenance mode and will stop accepting new devices or features beyond MuSig2 work. A Rust-based successor candidate, BHWI, has not shown practical deployments. Wallet developers that package or invoke HWI are expected to shoulder the immediate burden.

Crypto

Decade-old bitcoin wallets stir as 553 BTC moved from six dormant wallets

Six bitcoin wallets that had been inactive for more than 10 years moved a total of 553.59 BTC over the past 10 days, worth about $40.15 million at current value. Galaxy Research tracked transfers from wallets last active in 2011, 2012 and 2014. Some wallets carried tags linked to a New York court case seeking dormant bitcoin addresses to be treated as unclaimed property. The exact reason for the transfers was not confirmed.