Ethereum co-founder Vitalik Buterin has transferred millions in STRK tokens to a new wallet, sparking speculation of a potential selloff. His recent activities include moving significant amounts of ETH to a multisig wallet.
Vitalik Buterin transferred $2 million in Ethereum to a multisig wallet, raising community concerns. Multisig wallets require multiple approvals for security. This follows a previous transfer of $8.04 million. Speculations arise about the purpose, possibly donations. Buterin emphasizes security and privacy, holding 90% of his funds in multisig wallets.
WazirX, a cryptocurrency exchange in India, is taking legal action to recover $235 million lost in a significant cyberattack on its multisig wallet.
Exploring the process of generating keyshards for a FROST multisig wallet securely using distributed key generation instead of a single trusted entity.
WazirX, one of India's largest crypto exchanges, suffered a $235 million loss due to a security breach in a multisig wallet in July 2024.
