Cryptocurrency Wallet

BasedApp will stop its Visa debit card services in Singapore on 15 November 2025 and users must withdraw funds by 30 November or have them converted to USDC. The company is shifting its focus to self-custodial wallets and international expansion, stepping back from regulated financial services in Singapore.

MetaMask has introduced a social login feature, letting users create and access wallets using Google or Apple accounts instead of a 12-word recovery phrase. The system keeps wallets secure with a unique password and local encryption, aiming to make crypto easier for new users while maintaining self-custody.

MetaMask has launched its own dollar-pegged stablecoin, mUSD, integrated directly into its wallet for easy spending and transfers. The token is supported by Stripe-backed Bridge and M0, allowing users to transact across Ethereum and Linea while staying fully compliant.

Thailand has launched TouristDigiPay, a new scheme letting foreign visitors pay in crypto, which is automatically converted to Thai baht. The 18-month pilot includes ID checks, spending limits, and aims to make payments easier while boosting tourism and investment.

Justin Sun has taken legal action against Bloomberg for publishing details of his crypto holdings that he says were meant to stay private. He argues the information is wrong and could put his safety at risk.

Google has dropped plans to make all crypto wallets on the Play Store get financial licences, saying non-custodial wallets are not covered by the rules. Custodial wallets and exchanges must still follow local licensing laws.

Physical attacks on crypto holders, known as “wrench attacks,” are rising worldwide in 2025, with criminals targeting victims to steal their private keys. Data leaks from exchanges have made it easier for attackers to find and threaten people, leading to more kidnappings and assaults.

Coinbase launched a new tool called Embedded Wallets that lets developers add crypto wallets directly into their apps. Users can access these wallets with just an email or SMS, with no need for browser extensions or seed phrases.

Solana Mobile has started shipping its new crypto smartphone, the Seeker, to over 50 countries after receiving 150,000 pre-orders. The phone features built-in Web3 tools like a secure seed vault and a decentralised app store, offering an alternative to Apple and Google platforms.

A malware campaign disguised as fake crypto apps has exposed over 10 million people worldwide by stealing their personal and crypto data. The malware spreads through deceptive ads and targets browser extensions like MetaMask to access users’ wallets and credentials.