diff --git a/lib/blockchainmonitor.js b/lib/blockchainmonitor.js
index 8545522..e2df13a 100644
--- a/lib/blockchainmonitor.js
+++ b/lib/blockchainmonitor.js
@@ -170,9 +170,7 @@ BlockchainMonitor.prototype._handleTxOuts = function(data) {
         walletId: walletId,
       });
       self.storage.softResetTxHistoryCache(walletId, function() {
-        self._updateActiveAddresses(address, function() {
-          self._storeAndBroadcastNotification(notification, next);
-        });
+        self._storeAndBroadcastNotification(notification, next);
       });
     });
   }, function(err) {
@@ -180,17 +178,6 @@ BlockchainMonitor.prototype._handleTxOuts = function(data) {
   });
 };
 
-BlockchainMonitor.prototype._updateActiveAddresses = function(address, cb) {
-  var self = this;
-
-  self.storage.storeActiveAddresses(address.walletId, address.address, function(err) {
-    if (err) {
-      log.warn('Could not update wallet cache', err);
-    }
-    return cb(err);
-  });
-};
-
 BlockchainMonitor.prototype._handleIncomingTx = function(data) {
   this._handleTxId(data);
   this._handleTxOuts(data);