A viral video making rounds on Twitter showed two police officers searching a suspect’s car and coming across pieces of paper, one of which contained seed phrases.
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Category: Seed Phrase
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Only 1% of people can handle crypto self-custody right now: Binance CEO
Changpeng Zhao’s comments come as billions of dollars of stablecoins continue to flow out of the Binance exchange.
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Web3 Must Overcome Significant UX Challenges to Reach Mass Adoption
User experience (UX) design affects nearly every waking moment of our lives. It’s not just digital either. Have you ever thought about the UX of doors? Perhaps a brief refresher of what UX is, will help. A useful definition of UX is as follows: ”A person’s perception and responses that result from the use or […]Powered by WPeMatico
What is a seed phrase and why is it important?
It’s crucial to remember your seed phrase, which is a string of random words produced by your cryptocurrency wallet when you initially set it up.
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The 2 Most Common Airdrop Phishing Attacks and How Web3 Wallet Owners Can Stay Protected
In the world of cryptocurrencies, decentralized finance (defi), and Web3, airdrops have become commonplace in the industry. However, while airdrops sound like free money, there’s been a growing trend of airdrop phishing scams that steal people’s money when they attempt to get the so-called ‘free’ crypto assets. The following is a look at two different […]Powered by WPeMatico
New Bitcoin Quest Contest Gives People a Chance to Locate Crypto Seeds Hidden in Pictures
There’s an online-sleuthing contest starting on January 21st called “Bitcoin Quest,” where individuals can leverage their crypto-analytical skills to hunt for mnemonic bitcoin seed phrases hidden in artwork. Winners who drain the artwork’s crypto holdings will be able to win a Bitcoin Quest analyst certificate, 13 prizes worth $150 each, and three Satochip hardware wallets. […]Powered by WPeMatico
Zengo Is a Keyless Yet Noncustodial Bitcoin Wallet
Zengo is a non-custodial mobile wallet that dispenses with private keys in favor of threshold signatures to create two ‘mathematical secret shares’ – one stored on your mobile device, the other on their servers. In other words, there’s no single point of failure and no risk of irretrievably losing your coins in the event of […]
The post Zengo Is a Keyless Yet Noncustodial Bitcoin Wallet appeared first on Bitcoin News.
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‘DNA-of-Things’ Technology Can Store Bitcoin Passwords in Everyday Objects
Talk of bitcoin passwords being encoded and stored in synthetic DNA is not new, but in a recent development scientists have announced that DNA-encoded information can now be stored in everyday objects such as eye glasses or a shirt button, instead of a vial or test tube. Also Read: Cryptosteel Capsule Will Keep Your Wallet […]
The post ‘DNA-of-Things’ Technology Can Store Bitcoin Passwords in Everyday Objects appeared first on Bitcoin News.
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Cryptosteel Capsule Will Keep Your Wallet Seed Safe and Out of Sight
A hollow steel cylinder despatched with 800 lettered tiles, the Cryptosteel Capsule is what it sounds like and nothing more. Assemble the letters to form your wallet’s seed phrase, thread them onto the metal dipstick and screw the capsule shut, safely entombing the key to your crown jewels inside an unassuming piece of hardware. Stash […]
The post Cryptosteel Capsule Will Keep Your Wallet Seed Safe and Out of Sight appeared first on Bitcoin News.
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Trusted Friends Can Become Crypto Custodians With the Vault12 Platform
A firm called Vault12 launched its new passkey security solution for cryptocurrency assets. Vault12 is an application that allows people to enlist their trusted friends and family members to help safeguard their assets. According to the project’s creators, the new application leverages the cryptographic algorithm Shamir’s Secret Sharing which allows keys to be split in […]
The post Trusted Friends Can Become Crypto Custodians With the Vault12 Platform appeared first on Bitcoin News.
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