Self-custodial crypto wallet Ready has reportedly restricted its USDC card functionality for users outside the European Economic Area due to a change in its card provider. Users criticized the short notice and lack of communication regarding the sudden deactivation.
New "agentic" AI systems are emerging that can set goals, use tools, and execute tasks, potentially connecting AI directly with decentralized finance (DeFi) and crypto wallets. While still in early stages, this technology could automate portfolio management, payments, and yield identification, offering advantages over traditional finance due to crypto's continuous, global, and programmable nature.
MoonPay launched MoonAgents, a desktop app connecting AI models like Claude and ChatGPT to crypto wallets and blockchain services. It aims to enhance security by storing private keys locally and encrypting them, preventing AI access.
Arkham reveals on-chain map of crypto wallets linked to Iran's central bank, potentially increasing scrutiny of Iranian entities using stablecoins and blockchain to evade sanctions.
The crypto wallet company pairs the XO Cash token with software tools that let AI agents transact using preset spending controls and stablecoin payments.
At Consensus 2026, Cardano's Charles Hoskinson said that “users should probably never have their private keys,” adding that “something should have the private keys for the users.” He argued that the secure chips already embedded in iPhones, Android phones, and Samsung devices outperform those in Ledger and Trezor devices, and that most crypto users already […] The post Cardano’s Charles Hoskinson says the future of crypto wallets will be inside iPhones and Androids appeared first on CryptoSlate.
Tagging @grok in an X post plus a few dots and dashes was all that was needed last night for a bad actor to pickpocket a verified crypto wallet without ever touching the private keys. Agentic token launchpad, Bankrbot reported on May 4 that it had sent 3 billion DRB on Base to the recipient […] The post How one trader used morse code to trick Grok into sending them billions of crypto tokens from its verified wallet appeared first on CryptoSlate.
Tagging @grok in an X post plus a few dots and dashes was all that was needed last night for a bad actor to pickpocket a verified crypto wallet without ever touching the private keys. Agentic token launchpad, Bankrbot reported on May 4 that it had sent 3 billion DRB on Base to the recipient […] The post Grok’s crypto wallet was just exploited by a tweet sent in morse code without any private key compromise appeared first on CryptoSlate.
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Meta announced USDC payouts for eligible creators on Solana and Polygon, starting in Colombia and the Philippines. The pilot targets a creator economy Goldman Sachs projects will reach $480B by 2027. A 10% capture of this market equals $25-48B annually in stablecoin flows, representing 6.4-12.3% of the $390B in real-economy stablecoin payments. The rollout leverages Stripe's stablecoin infrastructure spanning 60+ countries, settling cross-border payments in minutes. Success depends on wallet abstraction reducing friction for mainstream creators.
Apple announced John Ternus will succeed Tim Cook as CEO by September 2026, just as cybersecurity researchers uncovered a wave of fraudulent crypto wallet apps in the App Store. Kaspersky identified 26 apps impersonating major crypto brands including MetaMask, Ledger, Trust Wallet, and Coinbase, linked to a campaign called SparkKitty. American musician G. Love lost 5.9 Bitcoin (~$436,000) via a fake Ledger app. The timing presents Ternus with an immediate security challenge to Apple's 'walled garden' reputation.
Bitget Wallet CMO Jamie Elkaleh tells Decrypt how the platform is evolving from a crypto wallet to a everyday finance app that seamlessly integrates crypto with TradFi, building on its vision of "Crypto for Everyone." - (Sponsored post by Bitget Wallet)
