Amazing Crypto

Category: Privacy & security

  • ION, Microsoft’s Decentralized Identity System, Launches Beta On Bitcoin Mainnet

    ION, a Microsoft-led decentralized identity system built on top of Bitcoin, has officially been moved to beta on Bitcoin’s mainnet today. The news was shared in a release by Casa, a Bitcoin self-custody provider and project collaborator. First announced in May 2019, the Layer 2 network features its own node structure and is being built…

  • The Human Rights Foundation Is Now Funding Bitcoin Privacy Development, Starting With CoinSwap

    The Human Rights Foundation (HRF) was already promoting Bitcoin’s privacy features. Now, it will also fund the development of them. HRF, the New York-based nonprofit that promotes and protects human rights globally, has launched a fund to support Bitcoin developers who make the Bitcoin network more private, decentralized and resilient. The first grant, worth close…

  • SNICKER: How Alice and Bob Can Mix Bitcoin With No Interaction

    SNICKER could be the next tool in Bitcoin’s growing privacy toolbox. Although Satoshi Nakamoto’s white paper suggests that privacy was a design goal of the Bitcoin protocol, blockchain analysis can often break users’ privacy today. This is a problem. Bitcoin users might not necessarily want the world to know where they spend their money, what…

  • With Open-Source Caravan Wallet, Unchained Wants to Make Multisig Mainstream

    Austin-based Bitcoin financial service provider Unchained Capital just unveiled its newest multisignature wallet tool. Revealed exclusively to Bitcoin Magazine in anticipation of the launch, Caravan is the latest tool in Unchained Capital’s suite of bitcoin investor products. Like the Collaborative Custody that came before it, Caravan is a multisignature bitcoin wallet, meaning it requires multiple…

  • Bitcoin Wallet Reviews: What’s the Best Hardware Wallet on the Market? Part 2

    Bitcoin Wallet Reviews: What’s the Best Hardware Wallet on the Market? Part 2

    [youtube https://www.youtube.com/watch?v=sM2uhyROpAQ&w=560&h=349] This is the second article in a three-part series that examines five of the most popular Bitcoin hardware wallets. Read the first part here. By request, samples were provided by some of the companies for review purposes. There are multiple reasons why the user interface recommended, developed or provided by hardware wallet manufacturers…

  • Podcast: What Harnessing the Bitcoin Blockchain’s Power Could Mean for China

    In this episode of the Bitcoin Magazine Podcast, Dave Hollerith talks with Alex Gladstein of the Human Rights Foundation about China’s President Xi Jinping publicly expressing admiration for blockchain technology. This news drove the bitcoin price at the beginning of November 2019, but Gladstein is wary about what China’s public praise could mean for cryptocurrency…

  • Video: Paul Puey on Edge Wallet and Bitcoin Privacy

    [youtube https://www.youtube.com/watch?v=uxmEhhbX8Qw?feature=oembed&w=640&h=360] After becoming involved in the Bitcoin space in 2013, Paul Puey founded a unique and innovative wallet called Airbitz. Even at the time, the focus was on encrypting data by default, backing up the private keys and simplifying the user experience. But after deciding to enter multiple partnerships in order to seamlessly integrate…

  • BitMEX Compromises User Data in Email Gaffe

    BitMEX Compromises User Data in Email Gaffe

    Early in the day on November 1, 2019, cryptocurrency exchange BitMEX sent a mass email to a large swath of its user base and included their email addresses in the “To” field, thereby compromising their privacy. A screenshot of the email shared on Twitter showed dozens of email addresses visible in an email from BitMEX.…

  • Video: Shift Cryptosecurity on Its Base Node and BitBox02 Wallet

    [youtube https://www.youtube.com/watch?v=tcANvySQO1Q?feature=oembed&w=640&h=360] During The Lightning Conference in Berlin, Bitcoin security company Shift Cryptosecurity presented two new products: a revised vision for their popular hardware wallet BitBox (which also has a BTC-only version) and a Bitcoin and Lightning node called the BitBoxBase, which promises to sync the entire Bitcoin blockchain in less than two days’ time…