How to Use Multisig to Keep Your Coins Ultra-Safe

Multi-signature, or multisig, is a wallet configuration that requires at least two keys to authorize a transaction. Commonly used by cryptocurrency exchanges to ensure funds can’t be moved by a rogue employee, multisig also has applications for end-users. If you’re seeking to enhance the security of your noncustodial bitcoin wallet, multi-signature might be the answer. … Read more

Beware of the Fake Russian Electrum Wallet

The cryptocurrency industry has always been targeted by criminals and hackers. This new form of money can be moved around the world without too much friction, which makes for an appealing opportunity. It now seems a new Electrum wallet is making the rounds on GitHub, albeit one that has nothing to do with the official … Read more

The Daily: Twitch Gamer Tipped $70K in Crypto, Hacker Returns $100K of ETC

In this edition of The Daily, a video gamer streaming on Twitch has received crypto donations totaling over $70,000 and a hacker believed to be behind the 51 percent attack on the Ethereum Classic blockchain has reportedly returned $100,000 in ETC coins. Also, Electrum developers have issued another series of warnings about phishing attempts using … Read more

The Daily: Electrum Users Targeted by Hackers, Huobi DM’s Daily Volume Exceeds $1B

Electrum developers have confirmed reports of an attack against the popular cryptocurrency wallet. Also covered in The Daily, Huobi Derivative Market’s daily trading volume has reached $1 billion, and one of the founders of Brazil’s leading crypto exchange Foxbit has died in a car crash. Also read: UFC 232 to Have Official Crypto Partner, 5% … Read more

Bitcoin Continues Descent to $3600 as Hackers Steal 200 BTC from Electrum Wallet

After a bounce-back last week to hit over $4,260, Bitcoin has continued having a lackluster week, dropping to $3,650. At press time, the currency was trading at $3,600 on Coinbase, Bitstamp, Kraken, and BitMEX. In the past six hours alone, the currency has lost $200 as the dismal end-of-year performance continues. The trading volume has … Read more