Mnemonic solves the unique and ever-growing complexities of NFT data, enabling Web3 developers to easily build, ship, and scale powerful NFT applications with Mnemonic's complete, reliable, and real-time data.
A man in Florida, USA, was arrested for allegedly stealing approximately $1.9 million worth of Bitcoin using the mnemonic phrase of his former employer’s hardware wallet. According to police, the unauthorized transfer of the stolen funds occurred in 2020, when the suspect still had access to critical security information.
Odaily News According to official information, the Binance Wallet plugin now supports mnemonic phrase derived accounts. Users only need to back up one set of mnemonic phrases to derive up to 99 independent accounts.This feature helps protect the security of mnemonic phrases and efficiently manage accounts; it also supports multiple chains, allowing one set of accounts to be used across chains. The plugin version supporting this feature is 1.12.0 and above.