According to @manueldelrio, a recent wallet hack resulted in the loss of several thousand PepeCoin (PEPE) and BasedAI (BASED) tokens, while $BCRED and $BASED rewards remained secure due to enhanced protection measures (source: @manueldelrio on Twitter, 2024-06-20). This incident highlights ongoing vulnerabilities in common wallet infrastructures and underscores the importance of robust security protocols for traders. Crypto traders should note that tokens with advanced security features or reward mechanisms may offer better protection against hacks. These developments reinforce the urgent need for enhanced wallet security practices and could influence market sentiment and trading behaviors for PEPE, BASED, and similar assets.

According to Nansen (@nansen_ai), users can now stake $OM directly on MANTRA Chain via the Nansen platform, making it easier to secure and manage Real World Asset (RWA) token positions. This integration streamlines asset transfer and staking, reducing friction for crypto traders who are bullish on RWA tokens. The announcement signals increased support for RWA-focused DeFi projects and may boost $OM liquidity and staking demand on Nansen. Verified source: Nansen Twitter (May 16, 2025).

According to Kekalf, The Vawlent (@NFT5lut), cold wallets remain outdated in terms of technology and user experience, which poses potential risks for traders relying on these storage solutions for crypto asset security. This lag in innovation could affect the speed and flexibility of asset transfers, particularly during periods of high market volatility when rapid movement is critical for trading strategies (source: @NFT5lut, May 4, 2025). Traders should closely monitor advancements in wallet technology and consider diversified custody solutions to mitigate risks associated with slower or less user-friendly cold storage options.