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Project Overview
Sparrow offers a digital assets trading platform that endeavors to comply with the highest regulatory and cybersecurity standards. It also provides innovative structured products and white-labeled products in Singapore, with a focus on digital asset solutions designed to meet the needs of institutional and accredited clients. Moreover, Sparrow has obtained the Major Payment Institution (MPI) licence from the Monetary Authority of Singapore (MAS) to provide Digital Payment Token (DPT) services in Singapore under the Payment Services Act (PSA).
Sparrow Wallet Releases Version 2.5.4, AI-Assisted Code Review Fixes Multiple Security Vulnerabilities
According to Decrypt, privacy-focused Bitcoin wallet Sparrow Wallet released version 2.5.4 on August 28. Developer Craig Raw stated that the update was driven by an AI-assisted code review, with the majority of fixes originating from it. This review was prompted by the recent seed generation code vulnerability exploit affecting Coldcard, as well as the release of unrestricted AI models in China, which has significantly enhanced vulnerability scanning capabilities across large codebases. Key updates include: validating the authenticity of transactions returned by Electrum servers, enforcing stricter BitBox02 hardware wallet security requirements (firmware v9.4.0 or higher required), patching local DNS leaks, and masking sensitive credentials in debug logs. Raw noted that there are no indications of any exploits being leveraged, user funds remain secure, and he still advises all users to update at their earliest convenience.
Independent verification scope expanded, Sparrow Wallet releases v2.5.4 security update
Odaily News: Sparrow Wallet v2.5.4 has been released following an extensive AI-assisted review, featuring multiple security hardening updates aimed at reducing users' reliance on external servers such as Electrum.Additionally, this version strengthens Ledger, Keycard, Trezor, Payjoin, PSBT, and multi-signature handling, removes Bitcoin Core credentials and other sensitive information from debug logs, restricts permissions for existing wallet and backup directories to owner-only access, closes residual local DNS resolution leaks when using Tor, and reinforces validation for wallet import, signing, downloads, and server responses. The update expands Sparrow Wallet's scope of independent verification for transaction data, hardware devices, and other inputs, reducing dependence on data provided by external servers. (Bitcoin News)
Sparrow Wallet Runs on a $40 Handheld Game Console, Developer Releases Working Proof of Concept
Odaily reports: Bitcoin News posted on X that @DesobedienteTec, after porting SeedSigner to a handheld game console, has once again released a working proof-of-concept version of Sparrow Wallet. The device features two microSD card slots and supports a camera, a virtual keyboard, as well as emulators for Nintendo, SEGA, N64, PSP, and PS1 games.
Security and hardware wallet support upgrades, Sparrow Wallet releases v2.5.5
Odaily reports: Bitcoin News posted on X platform that Sparrow Wallet has released version v2.5.5, adding stricter PSBT signature verification, Silent Payment output verification, and expanded support for BitBox02, Jade, Krux, Trezor, and Ledger hardware wallets.This version also strengthens Coldcard multisig import restrictions, improves chain reorganization handling mechanisms and Trezor debug log sensitive data protection, and adds a new system theme that can automatically follow the operating system's light or dark settings.
Sparrow Wallet Releases Version 2.5.4, AI-Assisted Code Review Fixes Multiple Security Vulnerabilities
According to Decrypt, privacy-focused Bitcoin wallet Sparrow Wallet released version 2.5.4 on August 28. Developer Craig Raw stated that the update was driven by an AI-assisted code review, with the majority of fixes originating from it. This review was prompted by the recent seed generation code vulnerability exploit affecting Coldcard, as well as the release of unrestricted AI models in China, which has significantly enhanced vulnerability scanning capabilities across large codebases. Key updates include: validating the authenticity of transactions returned by Electrum servers, enforcing stricter BitBox02 hardware wallet security requirements (firmware v9.4.0 or higher required), patching local DNS leaks, and masking sensitive credentials in debug logs. Raw noted that there are no indications of any exploits being leveraged, user funds remain secure, and he still advises all users to update at their earliest convenience.
Independent verification scope expanded, Sparrow Wallet releases v2.5.4 security update
Odaily News: Sparrow Wallet v2.5.4 has been released following an extensive AI-assisted review, featuring multiple security hardening updates aimed at reducing users' reliance on external servers such as Electrum.Additionally, this version strengthens Ledger, Keycard, Trezor, Payjoin, PSBT, and multi-signature handling, removes Bitcoin Core credentials and other sensitive information from debug logs, restricts permissions for existing wallet and backup directories to owner-only access, closes residual local DNS resolution leaks when using Tor, and reinforces validation for wallet import, signing, downloads, and server responses. The update expands Sparrow Wallet's scope of independent verification for transaction data, hardware devices, and other inputs, reducing dependence on data provided by external servers. (Bitcoin News)
Related news
Sparrow Wallet Runs on a $40 Handheld Game Console, Developer Releases Working Proof of Concept
Odaily reports: Bitcoin News posted on X that @DesobedienteTec, after porting SeedSigner to a handheld game console, has once again released a working proof-of-concept version of Sparrow Wallet. The device features two microSD card slots and supports a camera, a virtual keyboard, as well as emulators for Nintendo, SEGA, N64, PSP, and PS1 games.
Security and hardware wallet support upgrades, Sparrow Wallet releases v2.5.5
Odaily reports: Bitcoin News posted on X platform that Sparrow Wallet has released version v2.5.5, adding stricter PSBT signature verification, Silent Payment output verification, and expanded support for BitBox02, Jade, Krux, Trezor, and Ledger hardware wallets.This version also strengthens Coldcard multisig import restrictions, improves chain reorganization handling mechanisms and Trezor debug log sensitive data protection, and adds a new system theme that can automatically follow the operating system's light or dark settings.
Sparrow Wallet Releases Version 2.5.4, AI-Assisted Code Review Fixes Multiple Security Vulnerabilities
According to Decrypt, privacy-focused Bitcoin wallet Sparrow Wallet released version 2.5.4 on August 28. Developer Craig Raw stated that the update was driven by an AI-assisted code review, with the majority of fixes originating from it. This review was prompted by the recent seed generation code vulnerability exploit affecting Coldcard, as well as the release of unrestricted AI models in China, which has significantly enhanced vulnerability scanning capabilities across large codebases. Key updates include: validating the authenticity of transactions returned by Electrum servers, enforcing stricter BitBox02 hardware wallet security requirements (firmware v9.4.0 or higher required), patching local DNS leaks, and masking sensitive credentials in debug logs. Raw noted that there are no indications of any exploits being leveraged, user funds remain secure, and he still advises all users to update at their earliest convenience.
Independent verification scope expanded, Sparrow Wallet releases v2.5.4 security update
Odaily News: Sparrow Wallet v2.5.4 has been released following an extensive AI-assisted review, featuring multiple security hardening updates aimed at reducing users' reliance on external servers such as Electrum.Additionally, this version strengthens Ledger, Keycard, Trezor, Payjoin, PSBT, and multi-signature handling, removes Bitcoin Core credentials and other sensitive information from debug logs, restricts permissions for existing wallet and backup directories to owner-only access, closes residual local DNS resolution leaks when using Tor, and reinforces validation for wallet import, signing, downloads, and server responses. The update expands Sparrow Wallet's scope of independent verification for transaction data, hardware devices, and other inputs, reducing dependence on data provided by external servers. (Bitcoin News)
Three Bitcoin Holders Sue Apple, Alleging Counterfeit Sparrow Wallet on App Store Caused $1.8 Million in Losses
The complaint indicates that Ramirez reported the app to Apple on July 25, 2025, but nine days later, Ellis still downloaded the same counterfeit app from the App Store and suffered losses, and as of the filing of the complaint, Apple had never contacted Ramirez regarding the report.