Category: Security
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U.S. Regulators Risk Causing a Brain Drain to Friendlier Crypto Climes
Cryptocurrency companies in the United States aren’t happy. Token issuers, exchanges, and VCs are up in arms about vague and contradictory guidance on crypto asset regulation. Should the U.S. fail to revise its financial laws, they warn, there is a risk of top talent making an exodus to friendlier crypto climes. Also read: Countries Suffering…
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Latest Hack Sparks Concern Whatsapp Will Never Be Secure
Facebook’s popular messaging app with 1.5 billion users in over 180 countries has another major vulnerability. Hackers were able to covertly install spyware on iOS and Android smartphones using Whatsapp with just a phone call. “All of their security issues are conveniently suitable for surveillance, and look and work a lot like backdoors,” said Telegram’s…
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How to Travel the World With Bitcoin Cash
Traveling is on everyone’s minds as summer approaches and crypto enthusiasts are no exception. But for anyone thinking of a holiday trip, travel arrangements can be arduous. Crypto payments can make your life easier in that regard, particularly with bitcoin cash, which is a fast and cheap way to pay for anything. The following guide…
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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. However, ISE recently queried 49,060 ETH transactions…
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Five Simple Ways to Increase Your Privacy When Using Cryptocurrency
Cryptocurrency without privacy is pointless. If your coins aren’t fungible, you lose much of the benefits of using cryptocurrency in the first place. Privacy isn’t just won and lost onchain though. In fact, much of the privacy gains to be made when it comes to sending, spending and trading crypto occur offchain, as you go…
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Cryptonite Browser Extension Protects You From Phishing Sites and Fake Profiles
If you are new to the crypto space or if you are exploring new services and platforms, protection from scams and malicious websites should be a priority. Cryptonite is a useful browser extension that protects your private information and warns you in advance about risks to your crypto security. Also read: Get Real-Time and Historical…
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Pwc Report Finds STOs ‘Are Not Fundamentally Different From ICOs’
Pricewaterhouse Coopers (PWC) has published a report in collaboration with Crypto Valley seeking to provide “a strategic perspective” on the initial coin offering (ICO) and security token offering (STO) sectors. The report finds that security tokens “are not fundamentally different from ICOs,” estimating that their combined total raised almost $20 billion during 2018. Also Read:…
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Crypto Users Are Still Scared to Pay With Bitcoin in 2019 — FIO Protocol Aims to Fix That
[youtube https://www.youtube.com/watch?v=JXMpyuoBvGw&w=560&h=349] Over the last few months, a number of cryptocurrency wallet and exchange providers have joined the Foundation for Interwallet Operability (FIO). The foundation aims to improve digital currency operability because it believes the user experience (UX) for cryptocurrencies is poor and the majority of wallets cannot handle payment requests between wallets. On March…
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Ledger Reveals Physical Exploits Against Trezor Hardware Wallets
[youtube https://www.youtube.com/watch?v=c0iEg42aAhk&w=560&h=349] The battle of the hardware wallets is heating up. At this weekend’s MIT Bitcoin Expo in Boston, Charles Guillmet, Chief Security Officer of Ledger, presented a number of physical attacks that could be executed against Trezor hardware wallets. He also outlined an attack on their rival’s device that Ledger has refrained from making…
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Company Evades SEC Penalty Despite Illegally Issuing Security Tokens
The U.S. Securities and Exchange Commission (SEC) has decided not to impose a penalty on a company that had issued security tokens without its approval and without qualifying for an exemption. The company raised approximately $12.7 million. Also read: SEC Chair Explains Key Upgrades Needed for Bitcoin ETF Approval No Penalty The SEC announced on Wednesday…