River Financial Inc. has sued Blockstream Services Canada ULC for breach of contract, seeking roughly $6.7 million that River alleges has remained unpaid under an agreement terminating the companies' commercial relationship. River filed the complaint in the Northern District of California on September 11. The case names Blockstream Services Canada ULC, not Blockstream Corp, as the sole defendant and requests a jury trial. The disputed amount consists of approximately $3.55 million in prepaid refunds and a separate $3.15 million early…
Hot Wallet
Bitget Confirms $351.6M Wallet Breach and Suspends Withdrawals
Bitget has confirmed approximately $351.6 million in unauthorized transfers from portions of its wallet infrastructure after detecting abnormal activity at 18:31 UTC on September 24. The exchange said the $351.6 million incident was contained to parts of its hot and warm wallet layers under a three-tier custody system. Its cold wallets were not affected. Bitget activated its emergency response process within minutes, identified and flagged addresses connected to the transfers and notified law-enforcement agencies and onchain security firms. Withdrawals Paused…
3 days ago
Best Hot Wallets in 2026: Secure Daily Self-Custody on Mobile and Browser
A hot wallet is a self-custody wallet whose private keys live on an internet-connected device. That device can be a phone, a browser extension, or a desktop app that stays online most of the time. Hot wallets excel at speed. They connect to apps, sign transactions quickly, and support swaps, bridges, staking, and NFTs. That convenience is the reason hot wallets exist, but it is also the reason they get targeted. A hot wallet is not a replacement for cold…
8 months ago
