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Last week, a bitcoin picture puzzle appeared online in which players were challenged to uncover the private key to a BTC wallet. The game sparked major interest, for its 310 BTC prize was magnitudes greater than anything previously offered by a game of this nature. But it appears that somebody has now won the jackpot, … Read more
Over the past year, there has been a lot of forked coins based on the Bitcoin Core (BTC) codebase in various forms and with all types of interesting names. There are anywhere between 40-70 forked coins in the ecosystem that are worth a few bucks, while some of them are worthless and not worth the … Read more
Hayden Otto has taken his enthusiasm for bitcoin as a form of currency and peer-to-peer electronic cash to new levels. He’s gone from a curious admirer to full on defender, in fact, producing two compelling videos. They’re both slick, a little tongue-in-cheek, and smuggle-in some education and history without hitting viewers over the head. His … Read more
Bitcoin wallets are an integral tool in the world of cryptocurrency. Unfortunately, not all wallets are created equal. The Electrum Pro wallet has nothing to do with the official Electrum wallet, and it is seemingly intent on stealing seed keys from users. Beware of Electrum Pro In the world of cryptocurrency, copycat initiatives are nothing new … Read more
A new startup called Revealer is on a mission to create sound backup solutions for cryptocurrency mnemonic phrases and seeds. Just recently the company launched its first product dubbed ‘Revealer Zero’ – a small card system that visually encrypts and decrypts digital currency seed phrases or any alpha-numerical secret. Also read: German Cops Look Hard at … Read more
Bitcoin’s latest fork is just weeks away and this one’s a little different from the rest. Rather than simply tinkering with Segwit or adjusting block sizes, Bitcoin private (BTCP) is adding zk-Snarks. The privacy enhancing feature is best known for its use in the Z family of coins including zcash, zclassic, and zencash. That’s not … Read more
With the popularity surge that the crypto domain has seen in the past year, it is not unusual to meet casual investors who have purchased a small amount of BTC. Most of these individuals leave their holdings in an online wallet that is hosted by an exchange, thereby leaving their funds susceptible to hacking. The hacking … Read more
In the world of cryptocurrency, a lot of people have had some sort of experience with the Electrum wallet. It is a convenient solution which works well on most devices. Unfortunately, it seems a major flaw was discovered in the Electrum wallet software which could expose funds to malicious entities. This seemingly also affects all … Read more
Popular wallet developer Electrum has issued an emergency patch for a critical bug in its bitcoin wallets. The flaw allowed any website hosting the Electrum wallet to potentially steal the user’s cryptocurrency. A vulnerability meant that passwords were exposed in the JSONRPC interface, granting hackers complete control of the wallet. The first patch failed to … Read more
This week the cryptocurrency payment processor Bitpay implemented the BIP70 Payment Protocol into their debit card bitcoin-to-dollar-load invoices. According to the company, the feature will prevent common payment errors and offer better security against man-in-the-middle attacks. Also Read: Hit BTC Introduces Deposit Charges to Deal With High Bitcoin Fees Using the Payment Protocol to Prevent … Read more
