Friend.tech SIM-swap scourge continues as scammer nets $385K in Ether
Leaked mobile phone numbers have given scammers an easy way to drain Friend.tech user accounts. Go to Source
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Telegram Introduces No-SIM Sign-ups With Blockchain-Powered Numbers
Popular messenger Telegram now allows users to open accounts without the need to provide their mobile phone numbers. With the app’s latest update, they can log in using blockchain-based numbers instead, and they can be purchased with cryptocurrency on the Fragment platform. Telegram Promises ‘New Era of Privacy’ With Accounts That Don’t Require Phone Numbers … Read more
A Look at the First Phone-to-Phone Bitcoin Transfer Using a Nokia N900 Smartphone
When Satoshi Nakamoto created Bitcoin, the full node client came with a wallet often referred to as Bitcoin-Qt. Nakamoto’s simplified payment verification (SPV) concept was not available until two years later, after the former Bitcoin Core developer Mike Hearn published BitcoinJ in 2011. However, prior to the first SPV client or optimized lightweight bitcoin wallet, … Read more
Study Shows 36% of Nigerian Adults Are Financially Excluded — Digital Financial Services Bolsters Inclusion
Nearly 36% of Nigeria’s 106 million adults lack access to both regulated and unregulated financial services, according to the findings of the Enhancing Financial Innovations and Access (EFIA) study. In addition, while the findings do suggest a marginal drop in the percentage of financially excluded adults in the past few years, overall “the actual number … Read more
Bitangels Co-Founder Sues AT&T for $224 Million Over Cryptocurrency Hack
The cryptocurrency investor Michael Terpin is suing the large telecom firm AT&T because his mobile phone was compromised by hackers who stole $24M USD worth of digital assets. Terpin says he was hacked twice in less than a year and employees at AT&T participated in a SIM swap fraud. Also read: Fivebucks.com: Meet the Freelancer’s Marketplace … Read more
Bitcoin Cash-Focused Centbee Launches Open Alpha Wallet
There’s a new bitcoin cash (BCH)-focused wallet called Centbee that recently launched its alpha testing version on the Google Play store. The Johannesburg-based Centbee’s wallet is a bit different than most light clients as it offers a simplistic user interface, with plans to provide an in-wallet buy and sell feature, and merchant payments service that … Read more
HTC to Launch Its Own Cryptocurrency-Focused Smartphone, Exodus
With HTC entering the race, a second cryptocurrency supporting smartphone created by a major electronics manufacturer is now on its way to the market. Could this be the start of a trend by all device makers to embed features such as hardware wallets into phones to help increase sales among more tech savvy consumers? … Read more
Details Emerge on Foxconn-Manufactured Ultra-Secure Crypto Phone
Bitcoin paranoids rejoice. The technical details have emerged about Sirin Finney, an ultra secure mobile device promising to keep your cryptocurrency transactions private. The phone will feature an embedded cold storage wallet, and will be build by the same company that builds the iPhone. Also Read: Elon Musk Takes on Bitcoin-Bashing Warren Buffett Secure Element … Read more
