The co-founders have previous experience working as senior executives and lead data engineers at global corporations such as Google, Uber, Reddit and Change.org, among others.
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Category: mnemonic
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How a Trader Lost $1,200 in 100 Seconds
A fool and his money are soon parted. When it comes to dealing with cryptocurrency, it’s important to know exactly what you’re doing. However, not only new crypto users fall victim to lurking predators, even a crypto OG will slip up once in awhile. Here’s a story about a reddit user – tycooperaow – losing over $1,200 in a matter of seconds. It all started with a mnemonic passphrase that was accidentally left on a github repository. The reddit user forgot to take out the secret passphrase out of his code, which effectively gives control to all the coins in the wallet
The post How a Trader Lost $1,200 in 100 Seconds appeared first on The Merkle News.
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7 Steel Crypto Wallets That Withstand Extreme Fire and Water Damage
Cryptocurrencies have become valuable over the last few years and hardware wallets are now a mainstay within the cryptosphere. More recently, steel-crafted wallets that store crypto keys on a hard piece of metal have become increasingly popular. The following is a look at the wide variety of so-called ‘doomsday’ digital currency wallets fabricated from metal […]
The post 7 Steel Crypto Wallets That Withstand Extreme Fire and Water Damage appeared first on Bitcoin News.
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Broken Phone? Don’t Sweat It — Restore a Bitcoin Wallet in Minutes
With bitcoin ownership, it’s very important to back up your mnemonic seed phrase in order to restore your funds in case of an emergency. For instance, a device holding a wallet can be broken, get lost or stolen and the backup is the only way to retrieve the funds after these mishaps. The following is […]
The post Broken Phone? Don’t Sweat It — Restore a Bitcoin Wallet in Minutes appeared first on Bitcoin News.
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Review: Ellipal’s ‘The Cold Wallet 2.0’
Ellipal is one of the lesser-known names in the hardware wallet game. The Hong Kong-based company is on the rise, however, propelled by the success of its flagship device, “The Cold Wallet 2.0.” The smartphone-like device promises all the functionality of a Ledger or Trezor wallet, but without the need to ever connect to the web. […]
The post Review: Ellipal’s ‘The Cold Wallet 2.0’ appeared first on Bitcoin News.
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Test Driving the Money Button — Simple Enough for a 9-Year Old
On September 13 the Money Button launched, allowing people the ability to integrate a Bitcoin Cash-powered payment button into any website or application. This week we tested the Money Button’s user interface with a website to see how easy it is to add a digital currency payment button. Also read: Ledger Nano S Review: Can […]
The post Test Driving the Money Button — Simple Enough for a 9-Year Old appeared first on Bitcoin News.
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Create an Unforgettable Wallet Seed by Building a Memory Palace
A 12 or 24-word recovery seed is the key to your cryptocurrency wallet. That’s why, upon creating it, you’re prompted to write it down and store it in a safe place. But what if you didn’t have to write it down? What if there was a virtually failsafe means of committing those words to memory, […]
The post Create an Unforgettable Wallet Seed by Building a Memory Palace appeared first on Bitcoin News.
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Bitcoin and Mnemonics: The Art of the Secret Phrase
As more new people adopt cryptocurrencies, lots of newbies are creating mnemonic recovery phrases in order to make sure their digital assets are kept secure. It is very important to understand how your private keys are stored just in case there is an issue with your wallet client or device that holds your funds. Not […]
The post Bitcoin and Mnemonics: The Art of the Secret Phrase appeared first on Bitcoin News.
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