Latest news with #Passkeys


Business Upturn
10-07-2025
- Business
- Business Upturn
Exodus Movement, Inc. June 2025 Treasury Update and Monthly Metrics
By GlobeNewswire Published on July 10, 2025, 01:30 IST OMAHA, Neb., July 09, 2025 (GLOBE NEWSWIRE) — Exodus Movement, Inc . (NYSE American: EXOD) ('Exodus' or 'the company'), a leading self-custodial cryptocurrency platform, today announced an update to selected digital asset holdings of Exodus' corporate treasury, as well as updated user and exchange provider processed volume metrics, as of June 30, 2025: Selected Digital Asset Holdings (Unaudited)Bitcoin (BTC): 2,058 BTC as of June 30, 2025 compared to 2,038 as of May 31, 2025Ethereum (ETH): 2,729 ETH as of June 30, 2025 compared to 2,721 as of May 31, 2025 Solana (SOL): 31,823 SOL as of June 30, 2025 compared to 29,109 as of May 31, 2025 Users Monthly Active Users (MAUs): 1.5 million as of June 30, 2025, of which 21,000 are Passkeys wallets. That figure compares with the 2.2 million MAUs as of May 31, 2025, of which approximately 675,000 were Passkeys wallets driven by the one-time Passkeys promotion in May. Swap Volume Exodus' exchange provider processed volume was $446M for the month of June 2025, of which $90M (20%) originated from the company's XO Swap partners. This volume is compared to $486M for the month of May 2025. Exodus CFO James Gernetzke remarked: 'We continued to grow our digital asset treasury through our operations in June as overall markets, including digital asset markets, saw lower volatility and volumes at the start of the summer. Exodus continues to build amazing digital asset experiences across multiple chains, helping to enhance our position in growing areas such as stablecoins and tokenized stocks.' Stablecoins and Exodus A requirement to use stablecoins and to harness the growing utility of stablecoins is having a digital asset wallet. Stablecoins will not function without a digital asset wallet. Exodus has embraced stablecoins for nearly a decade. The company's wallet supports a wide variety of stablecoins, including the largest coins such as Tether's USDT and Circle's USDC. Additionally, by supporting over 40 different networks, including large networks like Ethereum, Solana, and Tron, Exodus is positioned to natively support stablecoins wherever current and future use cases emerge. As the financial sector embraces new, innovative solutions powered by stablecoins, the need for a secure, trusted wallet is critical. Accordingly, Exodus' XO Swap product already provides the company's partners a seamless solution for swapping between stablecoins and between blockchains. Finally, as mentioned in Exodus CEO JP Richardson's keynote presentation titled 'The Trojan Horse Behind Bitcoin Adoption' at Bitcoin 2025, stablecoins are just one prominent use case supported by the company's products. We believe Exodus has and will continue to build a better financial future powered by blockchain technologies. About Exodus Exodus is a financial technology leader empowering individuals and businesses with secure, user-friendly crypto software solutions. Since 2015, Exodus has made digital assets accessible to everyone through its multi-asset crypto wallets prioritizing design and ease of use. With self-custodial wallets, Exodus puts customers in full control of their funds, enabling them to swap, buy, and sell crypto. Its business solutions include Passkeys Wallet and XO Swap, industry-leading tools for embedded crypto wallets and swap aggregation. Exodus is committed to driving the future of accessible and secure finance. Learn more at or follow us on X at . Investor Contact [email protected] Media ContactRyan Dicovitsky/Diana BostDukas Linden Public Relations [email protected] Disclosure Information Exodus uses the following as means of disclosing material nonpublic information and for complying with disclosure obligations under Regulation FD: websites and press releases; public videos, calls, and webcasts; and social media: X (@exodus and JP Richardson's feed @jprichardson), Facebook, LinkedIn, and YouTube. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, may be forward-looking statements. Forward-looking statements are based on our beliefs and assumptions and on information currently available to us as of the date hereof. In some cases, you can identify forward-looking statements by the following words: 'will,' 'expect,' 'would,' 'should,' 'intend,' 'believe,' 'expect,' 'likely,' 'believes,' 'views', 'estimates', or other comparable terminology. Forward-looking statements in this document include, but are not limited to, management statements regarding management's confidence in our products, services, business trajectory and plans, expectations regarding demand for our products, and volatility and trading volumes of digital asset markets. Such forward-looking statements involve a number of risks, uncertainties and other important factors that could cause our actual results to differ materially from those expressed or implied by our forward-looking statements. Such factors include those set forth in 'Item 1. Business' and 'Item 1A. Risk Factors' of Form 10-K filed with the Securities and Exchange Commission (the 'SEC') on March 6, 2025, as well as in our other reports filed with the SEC from time to time. All forward-looking statements are expressly qualified in their entirety by such cautionary statements. Readers are cautioned not to place undue reliance on such forward-looking statements. Except as required by law, we undertake no obligation to update or revise any forward-looking statements that have been made to reflect events or circumstances that arise after the date made or to reflect the occurrence of unanticipated events. Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.


Deccan Herald
19-06-2025
- Deccan Herald
Meta finally introduces Passkeys feature to securely sign in to Facebook
Meta brings Passkeys to Facebook Credit: Meta How to setup Passkeys on Facebook. Credit: Meta


Scottish Sun
19-06-2025
- Scottish Sun
Urgent Facebook warning for all users over risk of ‘stolen passwords' as billions urged to change ‘key' setting today
BILLIONS of Facebook users are being urged to use a new way of logging in. Meta bosses who run Facebook say that the new system is safer than passwords, which can be "guessed or easily stolen". 5 Meta has added a new way of logging in for Facebook Credit: Meta 5 Passkeys are far safer than logging in with passwords Credit: Meta Instead, Facebook is now offering Passkeys on smartphones – like your iPhone or Android. Instead of typing in a password, you'll simply log in the same way you unlock your phone. That means a Face ID scan on iPhone, or by tapping a fingerprint sensor. It's part of a massive push by tech giants – including Apple and Google – to replace passwords with Passkeys, which are seen as much safer. "Passkeys are secure digital credentials that act as alternatives for passwords," Meta explained. "They allow you to log in to websites and apps securely by verifying it's you using the fingerprint, face or PIN you use to unlock your device. "Passkeys can give you peace of mind about your account's security – they can't be guessed or easily stolen. "And once created, they make it faster and easier than ever to log in to Facebook, no memorised password needed." Meta says that Passkeys will be available for Facebook "soon" and that the rollout has already begun. They'll also arrive on the Messenger app "in the coming months". Once you've set up a Facebook Passkey, it'll also work on Messenger when that support is added. The Sun tests Meta's Orion holographic smart glasses built to replace phones Having a good password has been the recommendation from security experts for years. But passwords have major problems. They're difficult to remember unless they're short – which makes them easy to guess. And people often re-use passwords on multiple apps and sites, letting hackers break into several accounts all in one go. 5 You'll be able to 'skip' typing in passwords going forward Credit: Meta Even if you use long and unique log-ins via a password manager that remembers them for you, they can still be leaked or hacked. These problems don't exist with Passkeys, making them far safer. "Passkeys are an upgrade in security compared to traditional passwords and one-time SMS codes," Meta explained. "Because they are resistant to guessing or theft by malicious websites or scam links, making them effective against phishing and password spraying attacks. WHAT CAN FACEBOOK PASSKEYS BE USED FOR? Here's the official word from Meta... "Passkeys aren't limited to logging in to your Facebook account," Meta said. "You'll also be able to use your passkey to securely autofill payment information when making purchases using Meta Pay. "And eventually to log in to Messenger and protect your encrypted message backups." Picture Credit: Meta "By using passkeys, you'll have increased protection against online threats while also simplifying your login experience." Meta added: "Passkeys and the fingerprint, face scan or PIN you use to create them are always stored on your device and we'll never see, share or store them." HOW TO STEP UP A PASSKEY Once Passkeys are available to you, you'll get an alert when you log into your account. You can also find the option in the Accounts Centre area of your Facebook Settings. 5 You can easily create a Passkey inside your Facebook app's settings Credit: Meta 5 Once you've logged in, Facebook will work just like normal Credit: Meta Choose the Create Passkey option on the pop-up, and you'll be guided through the process. It'll take a few seconds, linking your Passkey to a face or fingerprint scan, or screen lock code. Then you can use your passkey for logging in on your mobile phone going forwards.


The Irish Sun
19-06-2025
- The Irish Sun
Urgent Facebook warning for all users over risk of ‘stolen passwords' as billions urged to change ‘key' setting today
BILLIONS of Facebook users are being urged to use a new way of logging in. Meta bosses who run Facebook say that the new system is safer than passwords, which can be "guessed or easily stolen". 5 Meta has added a new way of logging in for Facebook Credit: Meta 5 Passkeys are far safer than logging in with passwords Credit: Meta Instead, Facebook is now offering Passkeys on smartphones – like your Instead of typing in a password, you'll simply log in the same way you unlock your phone. That means a Face ID scan on iPhone, or by tapping a fingerprint sensor. It's part of a massive push by tech giants – including Apple and Google – to replace passwords with Passkeys, which are seen as much safer. "Passkeys are secure digital credentials that act as alternatives for passwords," Meta explained. Read more on Meta "They allow you to log in to websites and apps securely by verifying it's you using the fingerprint, face or PIN you use to unlock your device. "Passkeys can give you peace of mind about your account's security – they can't be guessed or easily stolen. "And once created, they make it faster and easier than ever to log in to Facebook, no memorised password needed." Meta says that Passkeys will be available for Facebook "soon" and that the rollout has already begun. Most read in Tech They'll also arrive on the Messenger app "in the coming months". Once you've set up a Facebook Passkey, it'll also work on Messenger when that support is added. The Sun tests Meta's Orion holographic smart glasses built to replace phones Having a good password has been the recommendation from security experts for years. But passwords have major problems. They're difficult to remember unless they're short – which makes them easy to guess. And people often re-use passwords on multiple apps and sites, letting hackers break into several accounts all in one go. 5 You'll be able to 'skip' typing in passwords going forward Credit: Meta Even if you use long and unique log-ins via a password manager that remembers them for you, they can still be leaked or hacked. These problems don't exist with Passkeys, making them far safer. "Passkeys are an upgrade in security compared to traditional passwords and one-time SMS codes," Meta explained. "Because they are resistant to guessing or theft by malicious websites or scam links, making them effective against phishing and password spraying attacks. WHAT CAN FACEBOOK PASSKEYS BE USED FOR? Here's the official word from Meta... "Passkeys aren't limited to logging in to your Facebook account," Meta said. "You'll also be able to use your passkey to securely autofill payment information when making purchases using Meta Pay. "And eventually to log in to Messenger and protect your encrypted message backups." Picture Credit: Meta "By using passkeys, you'll have increased protection against online threats while also simplifying your login experience." Meta added: "Passkeys and the fingerprint, face scan or PIN you use to create them are always stored on your device and we'll never see, share or store them." HOW TO STEP UP A PASSKEY Once Passkeys are available to you, you'll get an alert when you log into your account. You can also find the option in the Accounts Centre area of your Facebook Settings. 5 You can easily create a Passkey inside your Facebook app's settings Credit: Meta 5 Once you've logged in, Facebook will work just like normal Credit: Meta Choose the Create Passkey option on the pop-up, and you'll be guided through the process. It'll take a few seconds, linking your Passkey to a face or fingerprint scan, or screen lock code. Then you can use your passkey for logging in on your mobile phone going forwards.


The Sun
19-06-2025
- The Sun
Urgent Facebook warning for all users over risk of ‘stolen passwords' as billions urged to change ‘key' setting today
BILLIONS of Facebook users are being urged to use a new way of logging in. Meta bosses who run Facebook say that the new system is safer than passwords, which can be "guessed or easily stolen". 5 5 Instead, Facebook is now offering Passkeys on smartphones – like your iPhone or Android. Instead of typing in a password, you'll simply log in the same way you unlock your phone. That means a Face ID scan on iPhone, or by tapping a fingerprint sensor. It's part of a massive push by tech giants – including Apple and Google – to replace passwords with Passkeys, which are seen as much safer. "Passkeys are secure digital credentials that act as alternatives for passwords," Meta explained. "They allow you to log in to websites and apps securely by verifying it's you using the fingerprint, face or PIN you use to unlock your device. "Passkeys can give you peace of mind about your account's security – they can't be guessed or easily stolen. "And once created, they make it faster and easier than ever to log in to Facebook, no memorised password needed." Meta says that Passkeys will be available for Facebook "soon" and that the rollout has already begun. They'll also arrive on the Messenger app "in the coming months". Once you've set up a Facebook Passkey, it'll also work on Messenger when that support is added. The Sun tests Meta's Orion holographic smart glasses built to replace phones Having a good password has been the recommendation from security experts for years. But passwords have major problems. They're difficult to remember unless they're short – which makes them easy to guess. And people often re-use passwords on multiple apps and sites, letting hackers break into several accounts all in one go. 5 Even if you use long and unique log-ins via a password manager that remembers them for you, they can still be leaked or hacked. These problems don't exist with Passkeys, making them far safer. "Passkeys are an upgrade in security compared to traditional passwords and one-time SMS codes," Meta explained. "Because they are resistant to guessing or theft by malicious websites or scam links, making them effective against phishing and password spraying attacks. WHAT CAN FACEBOOK PASSKEYS BE USED FOR? Here's the official word from Meta... "Passkeys aren't limited to logging in to your Facebook account," Meta said. "You'll also be able to use your passkey to securely autofill payment information when making purchases using Meta Pay. "And eventually to log in to Messenger and protect your encrypted message backups." Picture Credit: Meta "By using passkeys, you'll have increased protection against online threats while also simplifying your login experience." Meta added: "Passkeys and the fingerprint, face scan or PIN you use to create them are always stored on your device and we'll never see, share or store them." HOW TO STEP UP A PASSKEY Once Passkeys are available to you, you'll get an alert when you log into your account. You can also find the option in the Accounts Centre area of your Facebook Settings. 5 5 Choose the Create Passkey option on the pop-up, and you'll be guided through the process. It'll take a few seconds, linking your Passkey to a face or fingerprint scan, or screen lock code. Then you can use your passkey for logging in on your mobile phone going forwards.