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One of the biggest responsibilities of cryptocurrency owners is safely storing their digital assets. Over the last few years, hardware wallets have become an extremely convenient security solution that has helped in this regard. The BC Vault is a new hardware device with a number of distinctive features. Also read: The Struggle to Buy Bitcoin […]
The post Review: BC Vault Is an Unorthodox Hardware Wallet With a Random Key Generator appeared first on Bitcoin News.
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G4S (LSE: GFS), a security services provider with operations in more than 90 countries, guards everything from cash transfers to nuclear power plants and prisons. The London-headquartered company has now started to offer cryptocurrency protection, according to a recent report. Also Read: Majority of Crypto Assets Are Highly Centralized, Research Finds Secure Vault Storage The […]
The post Security Giant G4S Offers Protected Offline Cryptocurrency Storage appeared first on Bitcoin News.
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Decentralised Capital, an Australian advisory firm “specializing in blockchain assets” and “asset management services,” has announced a partnership with Custodian Vaults, an Australian private vaulting company, to offer insured cryptocurrency custody services to the Australasian market. Also Read: Have You Tried Blockchain 5.0 Yet? Nobody Else Has Either Decentralised Capital and Custodian Vaults Partner to Provide […]
The post Australian Firms Partner to Provide Crypto Custody Services appeared first on Bitcoin News.
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Coinbase is still one of the biggest cryptocurrency exchanges in the world. As such, any decision made by the company will be scrutinized. It now seems the company will remove multisig vault support in the next few weeks. It’s a rather controversial decision, although it also makes a lot of sense. Coinbase Doesn’t Want Unprofitable Services The concept behind Coinbase’s multisig wallet service is simple to explain. It offers an additional layer of security to users of this particular exchange, yet it also costs a lot of money to keep this going. Coinbase invested a lot of money into letting customers manage theirPowered by WPeMatico
On the first day of the three-day event Satoshi’s Vision Conference in Tokyo the creator of a project called Safewords presented a new solution to safeguard cryptocurrency ”passwords”. Smartwords is a 2-out-of-3 distributed backup kit for your mnemonic seed words. Also read: Zhao Dong Recounts How He Lost 9,000 BTC Safewords – a 2/3 Distributed Backup […]
The post Meet Smartwords – Distributed Backup for Cryptocurrency Keys appeared first on Bitcoin News.
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Coinbase is removing its support for an advanced security feature that it was not advantageous for the company to maintain. Multisig vaults were originally introduced as a way for customers to manage their private keys and control their own security while still using the same Coinbase interface. Also Read: Survey Says 8% of the American […]
The post Coinbase to Remove Support for Multisig Vaults Within a Month appeared first on Bitcoin News.
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The well known Canadian financial institution Versabank has announced it is in the midst of building a new vault initiative for customers so they can securely store digital assets. Versabank’s latest creation will be called, ‘Versavault,’ a platform focused on storing all kinds of digital properties including cryptocurrencies, but with the security and trust that comes […]
The post Canadian Financial Service Versabank Launches Digital Asset Vault appeared first on Bitcoin News.
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Do you sleep easy at night, knowing how many thieves would love to steal your bitcoin? At this very moment, hackers are probing your cryptocurrency exchange for weaknesses. They’re gathering information about you – where you live, your pet’s name, your favorite football team – with a view to social engineering. They’re crafting malware laden […]
The post Five Ways for the Ultra-Paranoid to Store Their Bitcoin appeared first on Bitcoin News.
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