Category: Security
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Double Down Your Bitcoin Security by Utilizing 2FA Services
After obtaining your first bitcoins on an exchange, you’ll want to keep them safe, even if the funds are only sitting there temporarily. One way to keep your crypto secure online is by using two-factor authentication (2FA). Security is of utmost importance when it comes to storing cryptocurrency in an online wallet and 2FA adds another layer…
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Shamir’s Secret Explained: Distributing a Seed Phrase Into Multiple Parts
When an individual first joins the cryptocurrency economy and obtains their first bitcoins, at times the process can be daunting. Most veterans will often tell newcomers that they need to secure their coin’s private keys in order to enjoy sovereign ownership. However, most people are not taught how to keep their 12-24 word seed phrase…
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The Daily: 100 Exchanges’ Security Rated, Enjinx Block Explorer Launches
Tuesday’s installment of The Daily details new tools that are helping users safely navigate the cryptocurrency ecosystem. From making an informed decision about which exchanges to trust to tracking blockchain transactions with Enjinx, we cover a selection of developments from across the cryptosphere, before finishing with a trip to the darknet where KYC documents are…
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Crypto Impersonation Scammers on Social Media Raked in Millions in 2018
Over the last two years, as cryptocurrencies gained mainstream attention, scammers have become far more prevalent. One particular social media scam that can be found on prominent websites like Twitter, Facebook and Instagram is the impersonation of well-known crypto industry executives and blockchain luminaries. Unfortunately even a verified account means nothing these days and these…
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Exchange News: Huobi Trials EOS Exchange, Sharespost Enables Security Token Trade
In recent cryptocurrency exchange news, Huobi’s EOS exchange has entered trial operations, Sharespost has facilitated a secondary trade of the BCAP security token, and Bithumb has obtained South Korean Information Security Management System certification. Also Read: Bisq DEX Launches DAO on Testnet as Developers Seek to Decentralize Governance Huobi Launches Trial of EOS Exchange In the…
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These Developers Claim They Can Crack Any Hardware Wallet
On Dec. 27 at the 35th Annual Chaos Communication Congress (35C3) event, three individuals from a startup called Wallet Fail allegedly hacked the most popular hardware wallets and revealed their secrets on stage. According to Trezor, however, the hackers at 35C3 did not follow the standard responsible disclosure protocol and Ledger Wallet developers claim the…
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PR: Bitcoin Fork Bithereum Launches Coin to Revolutionize Cryptocurrency Mining
This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Dubai, UAE. – The Bithereum (BTH) team is officially launching…
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Monitor Bitcoin Cash Development With the Coin Dance Tracking Page
Cryptocurrency data website Coin Dance revealed on Friday the team’s revamped Bitcoin Cash protocol development tracking page. Interested proponents can get a comprehensive look at all the completed BCH developments, proposals, ideas that are being discussed, and concepts that are currently under development. Also read: Markets Update: Bears Continue to Drag Cryptocurrency Prices Down The…
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Password Manager App Dashlane Mocks Cryptocurrency Owners
Having strong passwords is important for everyone in today’s world as it is full of hackers and other cyber criminals. And as cryptocurrency is value stored in code, it is no surprise that its owners are among the most paranoid about their data security. However, strong keys aren’t worth much if you can’t remember them. …
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BCH Devs Discuss Securing Instant Transactions With the Avalanche Protocol
Over the last couple of weeks, the Bitcoin Cash (BCH) community has been talking fervently about zero-confirmation transactions and a new pre-consensus mechanism called Avalanche. On Monday, Openbazaar developer Chris Pacia published a comprehensive description of the pre-consensus protocol that could theoretically bolster secure zero-confirmation BCH transactions. Also read: Onegold Customers Can Now Purchase Digital Bullion…