ChainCatcher news, according to The Block, Bitcoin ecosystem wallet Xverse will integrate Stacks' sBTC, allowing users to directly cross-chain BTC to sBTC within the wallet.ChainCatcher previously reported that the Bitcoin scaling solution Stacks announced on platform X that sBTC will be launched next week, enabling users to deposit BTC into sBTC and earn BTC rewards through the sBTC reward program.

ChainCatcher news, BounceBit founder Jack Lu, Xverse Chief Strategy Officer Jack Lu, OKX Ventures investor Benson, Gate Labs Investment Director Tim, and others will attend the "Oak Grove Crypto 2024" conference.It is reported that Oak Grove Crypto 2024 is initiated by Oak Grove Ventures and co-hosted by Polyhedra, Alchemy Pay, Ritual, and ChainCatcher, aiming to gather elites in the Web3 field to discuss and envision the development trends of the industry over the next five years. This grand event is expected to attract 500 to 1000 industry elites, including innovative leaders, technical experts, and industry investors. They will engage in in-depth discussions on popular topics such as AI, DePIN, gaming, crypto payments, and Bitcoin infrastructure.

According to ChainCatcher news, the official announcement states that the OKX NFT marketplace web version has now integrated Xverse Wallet. Users can explore the OKX Ordinals market through Xverse Wallet. The OKX Ordinals market is fully decentralized, with no platform service fees for interactions, supporting one-stop transfer, trading, and minting of BRC-20 and BTC NFTs.It is reported that Xverse is a browser extension wallet that supports Ordinals and BRC 20. The OKX Web3 wallet is a multi-chain wallet that supports the Ordinals market and is a heterogeneous multi-chain wallet, having supported 70 public chains. The app, plugin, and web versions are unified, covering five major areas: wallet, DEX, DeFi, NFT market, and DApp exploration. It also supports creating MPC wallets, exchanging gas, backing up mnemonic phrases to iCloud/Google Drive, customizing networks, and connecting hardware wallets, among other features.

ChainCatcher news, Bitcoin Web3 wallet Xverse has completed a $5 million seed round financing, led by Jump Crypto, with participation from RockawayX, Sfermion, Alliance, NGC Ventures, V3ntures, Old Fashion Research, 2140 Bitcoin Ecosystem Fund, Bitcoin Frontier Fund, Newman Capital, Franklin Templeton, New Layer Capital, Miton C, Gossamer Capital, Daxos Capital, Sora Ventures, Tyhke Block Ventures, IOBC Capital, and Despread.It is reported that the new funds will help the company accelerate the development of advanced features related to decentralized finance (DeFi) as well as Stacks, Lightning, and other Bitcoin scaling solutions. Xverse is headquartered in Hong Kong, supports Ordinals and BRC-20 protocols, and recently announced support for Ledger hardware wallets for crypto assets.

ChainCatcher news, the Bitcoin wallet Xverse officially announced that we have fixed a bug that caused the wallet seed phrase to be stored unencrypted on the device. All users should update to the latest version after the release of the Chrome extension, which is currently awaiting approval from Google.In addition, Xverse stated that if it is confirmed that no seed phrases have left the user's local device, the risk posed by this bug will be minimal. However, if users are concerned about the risk, they can migrate their assets to a newly generated wallet. (Source link)

ChainCatcher news, a Twitter user named HGE.ABC tweeted that the mnemonic phrases of the Bitcoin wallet Xverse are stored in plain text on the hard drive. If a user's computer is infected with a Trojan virus, attackers can easily access the mnemonic phrases. HGE.ABC stated that they have reported this vulnerability to the Xverse team, and the Xverse team is currently investigating. (Source link)