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Private key hacks can be avoided by quality key generation and customer awareness
Cryptocurrency assets are the first form of financial currency which does not possess a physical presence. They are lines of codes on the blockchain network which gets stored on a user’s crypto wallet and the only way to access these wallets is through the use of private keys. дальше »
2019-7-15 23:30 | |
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DApp login solution Torus secures $2 million to accelerate development
CryptoNinjas - Bitcoin, Cryptocurrency & Blockchain Asset SourceTorus, a distributed private key management, and decentralized application (DApp) onboarding solution, has announced it recently raised $2 million led by Multicoin Capital with participation from Binance Labs, Accomplice, Coinbase Ventures, Sixth Horizon, and Terminal. дальше »
2019-7-12 14:41 | |
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Torus Raises $2 Million from Giants Including Binance and Coinbase
Torus, a company that focuses on improving self custody of cryptos, has closed a two million dollar round of funding from the likes of Multicoin Capital, Binance, and Coinbase Ventures. Private key management is one of the biggest obstacles to self custody of crypto and allowing users to hold it for utilization on a dayRead MoreRead More. дальше »
2019-7-11 19:00 | |
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There’s $70,000 worth of Bitcoin hidden inside this image
Satoshi’s Treasure, the alternate reality scavenger hunt for $1 million worth of Bitcoin, has just released its 14th clue. Best part is: it’s loaded with $70,000 in Bitcoin. “[Three] keys and additional $70,000 will be rewarded to hunters who solve the puzzle,” reads a notice on the game‘s website. дальше »
2019-6-25 14:21 | |
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PSA: Set your Venmo transactions to private right now
A new research study has found that Venmo continues to make it easy for third-parties to scrape users’ public transaction history without their permission. Dan Salmon, a computer science student at Minnesota State University, has published a new data set of over seven million Venmo transactions on GitHub collected over a six month period. дальше »
2019-6-17 10:24 | |
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Sidechains vs Plasma vs Sharding
Special thanks to Jinglan Wang for review and feedback One question that often comes up is: how exactly is sharding different from sidechains or Plasma? All three architectures seem to involve a hub-and-spoke architecture with a central “main chain” that serves as the consensus backbone of the system, and a set of “child” chains containing actual user-level transactions. дальше »
2019-6-14 04:03 | |
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Apple Publishes Bitcoin Icons & ‘CryptoKit’; iPhone Crypto Wallet Coming?
By CCN: Apple’s Worldwide Developer Conference (WWDC) is underway, and while most of the focus is on iOS3, Apple quietly revealed a new upgrade for developers called CryptoKit. Apple also released its new icon set for designers which feature four bitcoin logos. дальше »
2019-6-4 15:49 | |
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How to Use a Physical Security Key to Safeguard Your Exchange Account
If you are keeping funds on a cryptocurrency platform such as a centralized exchange it is highly advisable you make sure your accounts are as safe as possible. Using a physical security key can greatly help with this as well as safeguarding other private services such as email and cloud storage. дальше »
2019-6-4 15:15 | |
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$55,800: Swiss Luxury Watchmaker Prices ‘Encrypto’ Bitcoin Watches
By CCN: The Encrypto watches by Franck Muller, which will cost you anywhere between $9,800-$55,880 to acquire, has a built-in cold storage system. The public address is accessible on the outside of the watch, while to get the private key, you need to get inside the watch. дальше »
2019-5-24 09:30 | |
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Anchor a Document or File to the BCH Chain With Notary.Bitcoin.com
In my last article, I explained how to prove ownership of a specific address by signing a message with a public and private key pair. That’s just one way of proving ownership and verifying a valid signature, as BCH users can also anchor a document to the chain using the Bitcoin Cash protocol’s Script language. дальше »
2019-5-19 04:01 | |
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Microsoft Is Building an ID Verification Platform on Bitcoin
Microsoft is leveraging blockchain technology to create a trustless digital identity scheme, but its not launching a token or building a private blockchain to do so. дальше »
2019-5-13 18:34 | |
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Control as Liability
The regulatory and legal environment around internet-based services and applications has changed considerably over the last decade. When large-scale social networking platforms first became popular in the 2000s, the general attitude toward mass data collection was essentially “why not?”. дальше »
2019-5-11 04:03 | |
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Bitcoin Transactions Spike in April While SegWit Keeps Fees Low: Report
Research has shown that the number of on-chain Bitcoin transactions has risen dramatically throughout 2019, nearing the volume of Bitcoin’s peak in December 2017. Even so, transaction fees are a fraction of what they were around bitcoin’s all-time high, likely due to the continued uptick of SegWit transactions on the network. дальше »
2019-5-8 00:53 | |
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VeKey by VeChain is a Multi-Signature Hardware and Software Solution for Private Key Management
Ever since the QuadrigaCX case opened up to the public, the risks of blockchain technology are becoming a huge topic for conversation around cryptocurrency circles. The loss of over $190 million USD of users’ funds due to the lack of a private key to the cold wallet storage highlights these types of risks a blockchain […] дальше »
2019-5-3 20:38 | |
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Craig Wright defends Satoshi Nakamoto claims; accuses Tether, Binance of market manipulation
Following his inexplicable disappearance from Twitter, Craig Wright recently made an appearance to discuss the ongoing drama and speculation surrounding the pseudonymous creator of Bitcoin. During an interview with Crypto Finder, Wright dismissed the requirement of a private key as evidence to prove his involvement in the development of Bitcoin. дальше »
2019-4-29 22:30 | |
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IOST Makes Private Keys As Easy As A Phone Number
Private key storage is one of the most intimidating features of blockchain technology, but a new project will make those keys as easy to remember as your email address. IOST has just announced its introduction of OnBlock, a new add-on that will simplify the way users interact with the blockchain network. дальше »
2019-4-26 20:59 | |
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Researchers Find Hundreds of Ethereum Wallets at Risk Due to Weak Key Pairs
On April 23, the security consulting firm Independent Security Evaluators (ISE) published a document concerning a number of unsound public and private key pairs tied to the Ethereum blockchain. The probability of chance needed to crack 256-bit encryption would take years for hackers to access random private keys. дальше »
2019-4-25 16:58 | |
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Ledger Nano S Wallet to Provide Support for Binance DEX Trading Without Private Key Exposure
Ledger, a firm devoted to offering security solutions for cryptocurrencies and for releasing the first and only certified hardware wallet, announced on Tuesday, April 23, that traders can now use the Ledger device to trade cryptocurrency using Binance’s native token, BNB on the Binance DEX, a decentralized exchange running on the Binance Chain. дальше »
2019-4-24 19:55 | |
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Ethereum bandit makes off with $6.1M after bypassing weak private keys
There’s a blockchain bandit on the loose – and they’ve already thieved over $6. 1 million worth of Ethereum. According to a report published by security consulting firm Independent Security Evaluators (ISE), an unknown entity has been bypassing weak private keys to swipe large amounts of Ether. дальше »
2019-4-24 16:22 | |
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How Crypto Investor Stupidity Helped One Hacker Swipe $7 Million
By CCN: Years ago, a thief had a simple idea: figure out a way to guess Ethereum private keys and write software to sweep the crypto funds from the blockchain. Guessing the 72-character private key is no small feat – your odds are about 1 in 115 quattuorvigintillion. дальше »
2019-4-23 20:30 | |
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TRC20 Tokens Now Supported on Ledger Nano S, USDT-Tron Could Soon Come too
The Tron support on Ledger Nano S has been now extended to TRX 20 tokens as well with the integration of Tron Foundation app on both Ledger Blue and Ledger Nano S. Tron SR CryptoChain announced a safer way to keep the private key to access the Tron assets on its Medium. TronLedger desktop wallet […] дальше »
2019-4-20 16:43 | |
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Satoshi’s Treasure hacker claims first keys to $1M Bitcoin prize in minutes
A million-dollar scavenger hunt for Bitcoin commenced just a few days ago, but it only took minutes for one ingenious hacker to complete the first stage without actually going anywhere. Satoshi’s Treasure is an alternate reality game urging players to work together to find private keys hidden in real-world locations. дальше »
2019-4-17 19:22 | |
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CRYPTOTAG Review: The Best Private Key Storage Solution Available Today (And The Most Fun)
The CRYPTOTAG is a sleek and sturdy storage solution for keeping your private keys secure forever. Bitcoinist got its hands on the hefty product, and we’re a big fan. Here is our full CRYPTOTAG review. дальше »
2019-4-16 18:00 | |
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Satoshi’s Treasure: The Chase Is on for a $1 Million Bitcoin Prize
A treasure hunt for $1 million worth of bitcoin is officially underway. In a cryptic, rambling message broadcasted to the Blockstream Satellite on April 13, 2019, an anonymous user challenged the rest of the Bitcoin community to a million dollar hunt for what they called “Satoshi’s Treasure,” a contest which will “test the resolve, courage, intelligence, and savvy [sic] of would-be hunters,” the game master claimed. дальше »
2019-4-16 23:28 | |
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Op Ed: Bitcoin Is Turning Left vs. Right Into Big Data vs. Privacy
The political spectrum is usually divided into four main categories: libertarian left, authoritarian left, libertarian right and authoritarian right. Those on the left prefer a more controlled economy, while those on the right have a preference for free markets. дальше »
2019-4-16 22:26 | |
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Can You Find The Keys To Unlock Satoshi's Treasure?
Eric Meltzer, co-founder of investment firm Primitive Ventures, talks about the new reality game Satoshi’s Treasure. The developers of the game have hidden 1,000 fragments of a private key to a wallet containing $1 million worth of bitcoin. дальше »
2019-4-16 20:22 | |
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Are Crypto Traders Ready For DIY Bots?
Once upon a time, a cryptocurrency transaction resembled a drug deal. Buyers and sellers met in-person, exchanging wads of cash for a private key scribbled on a slip of paper. A buyer could lose everything simply because the seller had bad handwriting. дальше »
2019-4-13 19:42 | |
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High School Student Developing Biometrically Based Private Key Recovery System
Eighteen-year-old Justin Zheng talks about using biometric data to prevent people from losing their private keys, the process of finding a co-founder, winning the Pioneer tournament, and how he is balancing school and blockchain projects. дальше »
2019-4-13 18:12 | |
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What Are The Top Bitcoin & Crypto Hardware Wallets?
Unlike traditional assets, Bitcoin (BTC) and other cryptocurrencies are predicated on decentralization, giving their users an opportunity to “be their own bank. ” While many have embraced this premise, there have been some that are wary, as a loss of a private key could result in a loss of thousands, if not millions of dollars. дальше »
2019-4-9 17:05 | |
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Why You Should Store Your Recovery Phrase and Private Keys With CRYPTOTAG
In 2018 alone more than $1 Billion of crypto was stolen. Most people’s funds were stolen in hacks and scams. Others could not reach their crypto, because they lost their private keys or recovery phrases. дальше »
2019-4-8 18:29 | |
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Block.one releases Universal Authenticator Library for EOSIO wallet ecosystem
CryptoNinjas In conjunction with the announcement of EOSIO Labs, today Block. one has released the Universal Authenticator Library (UAL) repository to explore the future of private key management. дальше »
2019-4-4 05:12 | |
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Lazarus Hacker Group Continues to Target Crypto Using Faked Trading Software
This article was originally published by 8btc and written by Lylian Tang. The Chinese security service provider 360 Security has issued a warning that a large number of crypto exchanges have been targeted by the North Korean hacker group Lazarus and that the number is still rising after the recent hacks of crypto exchanges DragonEx, Etbox and BiKi. дальше »
2019-4-2 21:54 | |
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Ledger and Legacy Trust to launch Crypto-Custody solutions for Institutional Investors
The French hardware wallet manufacturer Ledger has joined forces with a Hong Kong public trust company, Legacy Trust, to launch a cryptocurrency custody solution geared towards institutional investors. дальше »
2019-3-30 06:30 | |
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What Is DeFi and Where Does It Leave Bitcoin?
The Bitcoin bull and bear market cycles are a pattern that produces significant developments — when the market is cold, people tend to focus on building the next wave of groundbreaking technology. дальше »
2019-3-29 16:26 | |
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Crypto Private Key Generator: A Look Under the Hardware Wallet Hood for User Safety
With such a stark rise in crypto related hacks in 2018, a need for protection has never been more vital. Though most people use crypto wallets, the more experienced crypto users are more likely to swear by hardware wallets. дальше »
2019-3-24 22:46 | |
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Op Ed: With Bitcoin, Anarchy Is the Point, Not the Problem
Last week, there was a panel at SXSW that was effectively a debate on the merits of permissioned blockchains versus permissionless systems like Bitcoin. I listened to the entire audio of the panel discussion, after Programming Bitcoin author Jimmy Song tweeted it out the other day, and I thought he did an awesome job of pointing out the key value proposition of Bitcoin and why it is not worth comparing to permissioned systems. дальше »
2019-3-23 17:29 | |
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(+) Bitcoin VPN: Opera Browser Is Quietly Assaulting A Key Crypto-Accepting Industry
People use virtual private networks for a variety of reasons, privacy chief among them. A virtual private network is a good way to mask your location to websites you visit. For people in countries where governments censor content and content providers – including companies like Google and Facebook – must comply with their demands, a VPN is essential to experience the actual internet. дальше »
2019-3-20 01:45 | |
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Mark Zuckerberg plans to make Facebook more private with 6 key changes
Mark Zuckerberg wants to make Facebook less like a town square, and more like a living room. So he declares in a massive blog post earlier this week, a winding read on Facebook’s potential for change and the future of the internet altogether. дальше »
2019-3-9 01:51 | |
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Grim Stories of Ethical, Privacy Abuses Emerge About Coinbase’s New Partners
When Coinbase acquired Neutrino for an unspecified amount in February 2019, the news looked like business as usual: A cryptocurrency juggernaut had made another acquisition. дальше »
2019-3-1 17:19 | |
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Redditor Claims Theft of $70,000 in Life Savings Due to Critical Coinomi Wallet Bug
According to cryptocurrency investor Warith Al Mawali, he has lost all of his life savings in the tune of $60,000 to $70,000 on Coinomi, a widely utilized crypto wallet on Android. In a detailed report, Mawali claimed that a critical vulnerability found on the wallet led to the loss of user funds as it compromised the private key of his wallet. дальше »
2019-2-27 16:31 | |
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