As a clear leader in the blockchain space, Ethereum is once again making waves. In 2021, Ethereum founder Vitalik Buterin and other blockchain pros released the account abstraction proposal, which strives to improve the UX and security of wallets, among other things. Today, in 2023, that proposal is now finalized

Learn about ERC tokens and how they are used in the Ethereum blockchain. This article explains the basics of ERC tokens and their role in the ecosystem. Discover the advantages of using ERC tokens and why they have become so popular.

When it comes to keeping your digital assets safe, continuous security is key. At Webacy, we constantly strive to stay ahead of security threats in the crypto space. As a result, our team is always working on new security features to help our clients protect their assets long-term. In this

Learn about the benefits of self-custody and how to keep your crypto assets safe with this comprehensive guide.

As the blockchain space continues to grow and flourish, cryptocurrencies and other digital assets are drawing more attention from government agencies and financial authorities. While traditional investments have long been subject to escheatment processes (abandoned assets), these legal proceedings are now being expanded to cover cryptocurrencies and other digital assets

Recently, one of the most prominent NFT influencers fell victim to a malware phishing attack. On January 14, 2023, Twitter user @NFT_GOD posted an alarming update: “Last night my entire digital livelihood was violated. Every account connected to me both personally and professionally was hacked and used to hurt

We’ve experienced a couple of extraordinary years in the blockchain and Web3 space. We’ve seen the rise and fall of the NFT craze where projects like Apes and Punks became household names. We’ve also seen the catastrophic effects of greed on centralized management of digital assets where

There's a lot of information out there. The Webacy team has put together an infographic on the latest best practices for managing web3 wallets. Here's the graphic translated into text: Quick Tips: * Keep at least 3 wallets: 1 hot, and 2 cold. * Never store seed phrases

As cryptocurrencies have exploded in popularity, we have seen an equally impressive rise in new use cases for blockchain-based technology. Two types of digital currencies are hot on the minds of banking authorities and investors: CBDCs and Stablecoins. Both of these currencies take the basic framework of cryptocurrency and alter

The era of centralized exchanges is over. With the recent collapse of FTX — a failed cryptocurrency exchange that lost  and halted withdrawals from the platform — trust in crypto exchange firms is at an all-time low. The fall of FTX has revealed many weaknesses within the larger crypto industry that preyed

The use of cryptocurrencies like Bitcoin and Ethereum in off-chain transactions is becoming more common — but how exactly does this even work? L1 and L2 networks offer collaborative opportunities and scalability solutions that allow for faster on and off-chain transactions. For the L2 networks especially, there are both many potential

At Webacy [https://www.webacy.com/], our main priority is to help you secure your assets through a critical layer of safety that complements your self-custodied assets. We have worked hard to create tools that allow you to eject your assets in an emergency (Panic Button), retrieve your assets in

Though the 2020 and 2021 mainstream hype over NFTs has quieted, the NFT industry has far from disappeared from the Web3 ecosystem. Recently, with the loss of investor confidence in the DeFi industry, NFTs have held steady in their value, their utility, and their place in the blockchain-world. Some have

The Webacy [https://www.webacy.com/] team is excited to announce the newest addition to our Safety Suite: Wallet Watch [https://www.webacy.com/wallet-watch] ! We check our on-chain activity a lot less than we should. With the current tools on the market, it's hard to know when

Today’s announcement is a technical update rather than a product launch, but nonetheless some exciting news we wanted to share. This may also be a great set up tips / learnings for anyone building smart contracts on blockchain. One of the features of Webacy’s architecture is that everyone gets

Greetings blockchain traveler. A lot’s happened in the crypto world in the past few weeks. If you want to read a brief piece on the company’s stance on recent events, check out this post [https://world.webacy.com/blockchain-and-crypto-in-a-post-ftx-world-three-takeaways/] . This is the Ultimate (and simple) Self Custody Guide,

It is with great excitement that I’m able to share with you the launch of our new Safety Suite by Webacy. As a refresher, Webacy is a Wallet Protector. Webacy utilizes smart contract technology to offer services like our Panic Button, Backup Wallet, Crypto Will, and more. We are

The growth of the NFT market over the past few years has been immense, expanding by more than 200% [https://www.globenewswire.com/news-release/2022/09/12/2514295/0/en/Global-Non-Fungible-Token-NFT-Market-Size-to-Reach-USD-20-billion-by-2028-BlueWeave-Consulting.html] in 2020 alone. As of 2021, the NFT market reached a size of $4.36 billion (USD) and

There is no denying that the crypto industry is having a rough time in broadcast and print media as of late. From a $200 million hacking scandal [https://www.cnbc.com/2022/08/02/hackers-drain-nearly-200-million-from-crypto-startup-nomad.html] that left the Nomad blockchain bridge in shambles, to national security concerns leading to

Cryptocurrencies have skyrocketed in terms of popularity over the past few years, leading many businesses to explore how they can incorporate the technology into their own business model. When it comes to using crypto for business and enterprise, it is essential to know the best practices for keeping your digital

Web3 is the newest iteration of the Internet, focusing on mobilizing key technologies like blockchains, cryptocurrencies, and NFTs to help legitimize the space. As conducting business via Web3 becomes more secure and profitable, more brands are beginning to embrace Web3 technologies – and its marketing opportunities. Mass acceptance from brands is

When you own digital assets, like cryptocurrencies and NFTs, you need a blockchain wallet to store them. Most digital wallets that have the technological capability to store crypto assets fall into two categories — custodial and non-custodial. Understanding the difference between these types of wallets is crucial, as it can greatly

The crypto and NFT markets, as well as the greater blockchain industry, have seen some of the highest highs and lowest lows when it comes to investment value. The past couple of months have been no exception. It’s been a rough time for many, as well as an optimistic

NFTs have become widely known in digital art circles, making it easier for digital artists to join in on profitable markets and give greater value to their work — but this is far from the only application for NFTs in the real world. The idea of a soulbound NFT is gaining

NFTs are slowly but surely bridging the gap between the digital and physical world. While once considered a purely digital asset, many NFT creators are proving to investors and critics alike that the true power of NFTs is not just their digital value but their potential to provide owners with