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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, […]
The post Bitcoin Puzzle’s $1.9M Prize Purportedly Won in a Week appeared first on Bitcoin News.
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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 […]
The post A Look at the Long and Annoying Process of Claiming Bitcoin Forks appeared first on Bitcoin News.
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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 […]
The post Make Bitcoin Great Again: Tale of Two Coins appeared first on Bitcoin News.
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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 under the sun. Whether they are phishing platforms or malicious Bitcoin wallets, potential security threats will continue to appear for quite some time to come. The Electrum Pro wallet, for example, is an interesting creation, albeit one which users need to be wary of. Despite what thePowered by WPeMatico
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 […]
The post Revealer Card Visually Encrypts a Cryptocurrency Seed Phrase appeared first on Bitcoin News.
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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 […]
The post Bitcoin Private Fork Aiming to Make Bitcoin Anonymous appeared first on Bitcoin News.
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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 of the Mt. Gox exchange is a recent example that springs to mind immediately. In that particular incident, hackers stole over 850,000 Bitcoin, worth nearly half a billion dollars even back then. Thus, when dealing with larger sums of money, it is best to make use of aPowered by WPeMatico
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 “copied” versions of Electrum, which has put a lot of funds at risk all of a sudden. Electrum bug could Become a Major Problem It is not the first time a popular cryptocurrency wallet has suffered from a bug that could potentially cost users millions of dollars.Powered by WPeMatico
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 […]
The post Electrum Moves to Patch Bug That Left Thousands of Bitcoin Wallets Exposed appeared first on Bitcoin News.
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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 […]
The post Bitpay Starts Implementing Bitcoin Payment Protocol Invoices Decreasing Wallet Support appeared first on Bitcoin News.
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