Wirex, an online financial platform that offers a crypto-enabled debit card, has announced the winners of their Rising Women in Crypto Power List 2023. Wirex, a Swiss crypto website and financial services platform, partnered with The Cryptonomist to launch the initiative. A team of experts was invited to examine each candidate.

Top 10 Women in Crypto

The 2023 Rising Women in Crypto Power List is as follows:

Amna Usman Chaudhry is the MENA Lead at Climate Chain Coalition

Amna is active in the space of blockchain since its early days. She is a passionate advocate of emerging technologies, and was a part of the Oxford Blockchain Strategy Program's first cohort. She co-founded BlockClean in 2018 to combat plastic pollution by tokenization.

Audrey Akwenye is the co-founder and founder of Black@

Audrey, an educator-turned-software engineer, embraced her tech career as a continuous pursuit of learning and expanding access. She wants to help diverse founders build impactful tech businesses. She is the leader of Black@, a token-gated, all-black, digital community that has over 250 members. This digital space provides a digital platform for black creators and founders.

Bridget Greenwood is the founder of 200Bn Club and co-founder of Bigger Pie.

Belinda, as the CEO and founder of Embolden Ventures is committed to empowering female entrepreneurs when it comes to building innovative businesses. As the leader of Women in Blockchain Asia's SG chapter, she champions an inclusive economic system. WIBA is a non profit that promotes women's leadership in blockchain technology. She is also the head for partnerships SG at The Sandbox, a company that specializes in metaverse.

Bridget Greenwood is the founder of The Bigger Pie and co-founder 200Bn Club.

Bridget is a leader in the web3 sector. She co-founded The 200Bn Club in London, an accelerator for female entrepreneurs, and founded The Bigger Pie to support exceptional women working in fintech. Bridget's work is data-driven, holistic and based on a holistic approach. She was the leader of The Bigger Pie, which supported over 10,000 women with their businesses.

Caterina Ferrara is a senior Blockchain consultant and Analyst at AlmavivA

Caterina is a prominent figure in the cryptocurrency industry, and has been recognized as a leader by LinkedIn. She is dedicated to social causes, and actively works towards leveraging crypto assets for charitable purposes. Caterina took part in a cryptocurrency campaign to support the Umberto Veronesi Foundation.

Charmaine Short is the operational test manager for Fnality International

Charmaine is a cryptocurrency enthusiast who has been involved in the industry since 2019. In 2020, she co-founded DAO Women of Crypto Art, which offers education on blockchain to artists and collectors, and promotes women's NFT artwork. She wrote various articles under the pseudonym Etta Tottie. This included a whitepaper promoting diversity in web3 applications. She founded Ettaverse, a web3 consultancy in 2022.

Lianna Adams is the founder of Impactful Artistry and a web3 advocate

Lianna advocates for a culture that puts humanity first in the fields of art, culture, and tech. She has over 18,000 speaking hours and shared many insights about web3 technologies, social impact, mental health in various communities, etc. Lianna is a member of ARTXV, a web3 collective that is neurodivergent.

Lori Souza is the co-founder of MetaFusion and its COO.

Lori has a multifaceted background that includes management, brokerage and business, as well as education, coaching, engineering processes, and management of technical support. She holds the title Certified International Blockchain advisor and is an organizer for Women in Crypto. Lori's consulting focuses on financial future education, crypto payment, compliance, licensing for money transmission, and crypto transaction forensics.

Priya Guliani is the CEO of Earth.ID

Priya is a technology entrepreneur and an impact investor. She advises start-ups and contributes to the web3 Community. She is the founder and leader of the Sustainable Environmental Stewardship Working Group within the Government Blockchain Association. This group was created to help organizations develop Sustainable, Attainable and Maintainable climate-change solutions.

Yaliwe Soko, Chairperson of the United Africa Blockchain Association

Yaliwe has been a leading speaker in the Web 3 area and is the driving force behind "1 Million For Blockchain in Africa (1MB)," a program that aims to increase awareness of blockchain among a million Africans. She has led UABA to establish chapters in nine African nations and bring venture capital into emerging tech start ups via the UABA Start Up Initiative.

Wirex also honored two other women in categories such as Social Media Influencer and Compliance Leader. First, the title was given to Randi Zuckerberg who is CEO and Founder at HUG. The second went to Natalia Latka who is Crypto Compliance Regulatory advisor at Merkle Science.

Stereotypically, it was believed that the crypto industry is dominated by males. Reality check shows that things are indeed changing. Recent research conducted in Singapore revealed that women are often more aggressive and active than men, not just as investors.

According to a second study, Nigerian women have a greater understanding of cryptography than their male counterparts.

Crypto is the second most popular asset class owned by women.

Web3 wallets allow users to manage, store and interact with digital assets such as cryptocurrencies. Web3 wallets provide full control of assets and are decentralized, unlike traditional wallets. Web3 wallets have become more popular as cryptocurrencies and other decentralized applications gain in popularity.

There are many options on the market, making it difficult to choose the best web3 wallet. When selecting a web3 Wallet, several factors must be taken into consideration, including security, ease-of-use, supported currencies, and compatibility across various platforms. The web3 wallet must meet the specific needs and preferences of the user.

Types of Web3 wallets

Web3 wallets can be used to interact with decentralized apps, store digital assets, and access decentralized applications. Web3 wallets come in different forms, with their own advantages and disadvantages.

Hot Wallets

Hot wallets, which are usually considered to be the most convenient Web3 wallets, are always connected to the Internet. They are simple to use and provide quick access to digital assets. They are more vulnerable to security breaches and hacks than cold wallets.

Cold Wallets

Cold wallets are offline, and provide a higher degree of security. These wallets are used to store digital assets for a long time and are not as convenient as hot wallets.

Custodial and non-custodial wallets

Custodial wallets, on the other hand, are managed by third-party providers who store your private keys and assets. Non-custodial Wallets give you complete control over your digital assets and private keys. Custodial wallets are convenient, but they also carry the risk that you could lose your digital assets in the event of a service provider's security breach or bankruptcy.

Mobile and Desktop Wallets

Desktop wallets can be used with computers, laptops and mobile devices. Both wallets provide different levels of security and convenience.

Hardware Wallets

Hardware wallets are devices that you can use to store your private keys, digital assets and other information offline. The highest level of security of all Web3 wallets. Hardware wallets like Trezor and Ledger are popular.

Paper Wallets

Paper wallets, also known as cold wallets, are created by printing your private keys out and storing them off-line. Paper wallets are secure, but they're not as convenient as other Web3 wallets.

Popular Web3 Wallets

Web3 wallets are available in many different versions, but there are some that are more popular.

Metamask

Metamask is a Web3 wallet that has become very popular. Metamask is a browser-based extension that gives users access to Ethereum and other Web3 network. Metamask has a simple interface that supports multiple wallets. This makes it easy to manage digital assets.

Trust Wallet

Trust Wallet, a mobile wallet, supports multiple Web3 networks including Ethereum, Binance Smart Chain and others. It is well-known for its security features such as biometric verification and backup options. Trust Wallet supports NFTs, and users can interact with decentralized apps.

Coinbase Wallet

Coinbase Wallet allows users to securely store their digital assets. It supports several Web3 networks including Ethereum and Polygon. Coinbase Wallet has a simple interface that allows users to easily manage their digital assets.

Rainbow

Rainbow is a mobile wallet which supports multiple Web3 networks including Ethereum and Polygon. It is known as a user-friendly wallet with security features such as biometric verification. Rainbow supports NFTs, and users can interact with decentralized apps.

Exodus

Exodus, a desktop wallet and mobile wallet, supports multiple Web3 networks including Ethereum and Polygon. It has a user-friendly interface, and it supports multiple wallets. Exodus offers a range of security features such as biometric verification and wallet recovery.

Security of Web3 wallets

Security is paramount when it comes to web3 wallets. Users must be confident that they can trust their digital assets and information to remain safe from malicious hackers. When choosing a web3 Wallet, there are a number of security features that you should consider.

A good web3 wallet will offer strong password security. Choose a password that's difficult to guess, and don't use the same password on multiple accounts. Two-factor authentication (2FA), which adds an additional layer of security to the wallet, is also a must. 2FA requires that users enter a code they receive via email or phone in addition to their wallet password. This makes it more difficult for hackers.

Private keys and seed phrases are another important security feature. Private keys are the password for a wallet. They should be stored safely and securely. Seed phrases are words or phrases that can be used in order to retrieve a wallet if it is lost or stolen. Users should not share their seed phrases or private keys with anyone. They should keep them safe in a hardware wallet, or password manager.

You should also choose a web3 Wallet that uses public-key cryptography. Public key cryptography encrypts data and allows users to send and receive digital assets securely without having to reveal their private keys. It is much harder for hackers to steal digital assets from a user.

FAQs

What is Web3 wallet and how is it different from traditional wallets

Web3 wallets are digital wallets designed to store, manage, and interact with digital assets and cryptocurrencies. Web3 wallets give users complete control of their assets, unlike traditional wallets.

What type of Web3 wallets are the most secure ones?

Hardware wallets, in general, are considered to be the most secure Web3 wallet type. The private keys are stored offline and reduce the risk of hackers. They may not be as convenient for frequent transactions.

What are the security features I should look for when buying a Web3 wallet

Consider strong passwords, two-factor verification (2FA), private keys and seed phrase (which are kept secure) and public key cryptography for encrypting data.

What should I do when I forget the Web3 wallet password?

Many wallets provide wallet recovery using seed phrases. You can use your seed phrases to gain access if you forgot your password. Keep your seed phrase safe and don't share it.

Renowned crypto analyst Ali noticed a striking trend among Ethereum whales. The whales have been on an accumulation spree for nine days, a milestone that has not been seen in the past nine months. Ali's sharp observation has sparked optimism in the crypto community, as it raises the prospect of bullish movements for Ethereum. On-chain data reveals Ethereum's whale addresses control 30% more ETH today than a year earlier, highlighting the importance of this recent accumulation.

In other news, the Ethereum ecosystem is experiencing a seismic shift as whale addresses continue to accrue at an unprecedented rate. Santiment data shows that the 200 biggest Ethereum wallets collectively own 62.76 millions ETH worth $132.1 billion. This incredible accumulation represents a 30,3% increase in holdings from Nov. 21, 2022. It consolidates the control of these whales on 52% of Ethereum’s circulating stock. A surge of new ETH wallets created on the same date indicates growing interest in cryptocurrency.

Ethereum Whales Accumulate Massive Tokens As Bullish Signals Emerge

This is the first time in nine months that Ethereum whales are on an accumulation spree lasting nine days. Ali, a crypto analyst known for his keen insight into the cryptocurrency markets, identified this trend. He believes that it could indicate a strong bullish move for Ethereum (ETH).

Ali's observations have sparked speculation in the crypto community, as they suggest that large investors are regaining confidence in Ethereum. Data from Santiment, a provider of on-chain analytics, shows that as Ethereum's growth accelerates large whale addresses control 30% more ETH than a year ago.

According to the most recent data, the 200 biggest Ethereum wallets hold a collective 62.76 millions ETH with a value of 132.1 billion dollars. This is a huge increase from the 48.2 millions ETH that these wallets held in November 2022. Since November 21, 2022 these whales have added an additional 30,3% to the total Ethereum supply. They now control 52% of Ethereum tokens in circulation.

The surge in Ethereum wallet activity does not only affect whales. On November 21, 94.700 new Ethereum wallets have been created, the most since July. This new influx of participants in the Ethereum ecosystem is a reflection of the growing interest in cryptocurrency, probably driven by recent price fluctuations and future gains.

Daily chart for ETH/USDT Source: TradingView

In terms of price fluctuations, Ethereum (ETH), at the time this article was written, had seen a 0.23% drop in the last 24 hours. Its price was hovering around $2,076. Just a few weeks ago, on November 24, bulls drove Ethereum's price to a peak of $2,134, before a slight retracement. If this critical resistance level can break, ETH could embark on a upward trajectory towards 2,200 and potentially pave the way for a larger push to $3,400.

This optimistic outlook is not guaranteed as the Ethereum price remains susceptible to market dynamics. The crypto community closely monitors the $1,900 critical support level. If this support level is breached, it could cause the market to lose confidence in the bullish scenario.

Ethereum investors and enthusiasts are also eagerly awaiting the Ethereum Dencun upgrade. Tim Beiko, an Ethereum developer, recently shared his insights from the ACDE call (All Core Developers' Ethereum), held earlier this week. The development teams reached a consensus that Devnet 12 will be launched in the next week following the stability and success of Devnet 11. There is only a minor issue with peering between ETHJS & Lodestar.

Moreover, EF DevOps and all client teams will stop using their validators once Dencun goes live on Goerli. This decision will take effect 3 months after Goerli is live or 1 month after mainnet upgrade. It reflects ongoing efforts to improve the Ethereum network's reliability and security.

Anyone can run a validator in Goerli. However, the fact that the network cannot be "sunset", highlights the importance of validators. They collectively represent a significant portion of stakes and have historically been a reliable backbone for the Ethereum ecosystem.

The future of Ethereum is a topic of intense speculation and interest among crypto enthusiasts. Ethereum whales are continuing to accumulate tokens, and the network continues to undergo upgrades to improve performance and security. In the coming weeks, we will know whether or not the bullish momentum that Ali observed will continue to push Ethereum's value to new heights.

Charles Hoskinson takes a sarcastic swipe at Vitalik Buterin’s Ethereum Staking Ideas

In the cryptocurrency world, two prominent figures exchanged insults and compliments. Charles Hoskinson is the co-founder and founder of IOG and Cardano. Vitalik Buterin is also a co-founder and founding member of Ethereum. Hoskinson's response to Buterin's recent comments about Ethereum's centralized staking was sarcastic.

Vitalik Buterin recently conducted an interview in Turkey with the local cryptocurrency communities and discussed Ethereum’s roadmap. Buterin addressed a number of topics, including Ethereum's stake mechanisms. He expressed his concern about the increasing centralization in this area.

Buterin outlined the current challenges of Ethereum's staking environment, such as the presence of multiple staking pool and the perceived difficulty of solo staking. He stressed that these issues were detrimental to the health of the entire network. Buterin plans to redesign the Ethereum staking system in order to address these concerns.

Buterin is exploring the Unspent Transaction Output approach (UTxO), a concept based on the idea of tracking undespent transactions. This approach has been popularized by its implementation in blockchains like Cardano.

Charles Hoskinson - known for his role in the creation and development of Ethereum with Buterin, Joe Lubin and others - responded to Buterin’s remarks by using a little sarcasm. Hoskinson replied, "No worries. Ethereum 3 will sort it out." This dry retort highlights ongoing rivalry between Ethereum, Cardano and their platforms.

Buterin has not raised this topic before. He acknowledged earlier this year the limitations of Ethereum’s staking system, which drew criticism from Hoskinson, and the Cardano Community. They took the opportunity to highlight that Cardano already had features in place to simplify staking and that Ethereum was still catching up.

This exchange between the blockchain pioneers highlights the competitive nature of cryptocurrency, where projects compete for dominance and adoption. Ethereum and Cardano are both pioneering platforms in their respective fields. They continue to shape the future for decentralized finance and intelligent contracts with different ideologies and approaches.

The crypto community is watching these developments closely, and the rivalry between Ethereum Cardano continues to be a compelling feature of the blockchain landscape. Time will reveal the direction that these two blockchain projects will take, whether Buterin's plans to revamp Ethereum's stake system are realized or if Cardano maintains an advantage in this area.

An influential figure within the XRP Community has revealed the secret to how the XRP Price can reach $10,000. According to him, XRP's global utility will help users achieve this massive milestone. This is similar to the view of Ripple CEO Brad Garlinghouse.

The XRP price will hit $10,000

Edward Farina, in a recent post on the X platform (formerly Twitter), suggested that XRP could reach such highs if RippleNet replaces the SWIFT system. He pointed out that financial institutions such as SWIFT are responsible for moving "hundreds and trillions" of dollars around the world. As a result, he thinks XRP could reach "unprecedented heights" if they can capture a small portion of the market.

RippleNet is a technology that has the potential to disrupt the financial industry. RippleNet uses blockchain technology to allow financial institutions instantaneous processing of cross-border transactions. The utility token XRP is used to process these transactions, helping bridge the gap between sending and receiving currencies.

Farina has also emphasized that XRP is in a league of its own. He explained how XRP settles values in real-time with certainty. He compared this to Bitcoin, Ethereum and SWIFT which, he said, lack these capabilities.

So Many Hopes on XRP

Brad Garlinghouse, the CEO of Ripple, had previously spoken about XRP becoming the next Bitcoin. He shares the same sentiment as Farina when he said that his company could use the XRP to solve a major financial problem.

The belief that XRP could reach a high price is based on the fact so much liquidity can flow into the XRP eco-system as more and more institutions adopt RippleNet. These institutions process many high-value low-value transactions every day. XRP may be a big beneficiary of Ripple's growth.

Farina made reference to Garlinghouse's interview with Bloomberg in his post. Ripple's CEO was very positive about Ripple's future, stating that the company is making progress every day. He said that they had onboarded more than 100 banks, some of which were SWIFT enabled banks.

As Ripple makes such great progress, many are placing big bets on the XRP. Linda Jones, a pro-XRP Wall Street analyst, once said that the crypto token might be the next big thing on the financial market. She even compared XRP with Apple Stock and Microsoft Stock to suggest that XRP investors could expect high returns in the future.

 Source: XRPUSD on Tradingview.com 

Chart from Tradingview.com, Xcoins image.