Canadian-based QuardigaCX says they can’t find their cold storage wallets. In a notice published on its website, the crypto exchange says they have filed an application for protection under the Companies’ Creditors Arrangement Act (CCAA), a Canadian law which deals with bankruptcies in Canada. For the past weeks, we have worked extensively to address our liquidity issues, which include attempting to locate and secure our very significant cryptocurrency reserves held in cold wallets, and that are required to satisfy customer cryptocurrency balances on deposit, as well as sourcing a financial institution to accept the bank drafts that are to be
$ 1.7 billion was stolen from cryptocurrency exchanges, custodial services, and in ICO exit scams in 2018. That’s a dramatic rise from the year before, despite the shrinking market. And according to the Q4 CipherTrace Cryptocurrency Anti-Money Laundering Report, that money needs to be laundered. But here’s the kicker: with a global wave of regulations going into effect later this year, laundering cryptos will be increasingly harder to do. CCN caught up with Dave Jevans, CEO of CipherTrace and co-chair of the Cryptocurrency Working Group at the APWG.org to find out what this means. Like Taking Candy from a Baby Of
CCN had a chance to speak with Paul Puey, founder of Edge Wallet and veteran crypto entrepreneur. Edge Wallet was previously called Airbitz. In the early days of crypto, Airbitz was a Bitcoin-only wallet that featured a directory of brick and mortar businesses which accepted Bitcoin. It was one of the only mobile wallets which
The post Bitcoin Interview: Edge Wallet’s Paul Puey on the Future of Money appeared first on CCN
On Jan. 16, hardware wallet manufacturer Satoshilabs, the creator of the Trezor line of cryptocurrency devices, announced its latest partnership with the mechanical artistry and design company Gray. The luxury designer is well known for its mobile collections like Zyra and Alter Ego and the two companies have now released a “luxury” aerospace-grade titanium hardware wallet series called Corazon.
A Node.js module called event-stream is used in millions of web applications, including BitPay’s open-source bitcoin wallet — Copay — and this module was reportedly compromised thanks to what can objectively referred to as social engineering, laziness, and incompetence. A user with very little coding activity on GitHub requested publishing rights to the event-stream library … Continued
The post Breaking: Numerous Bitcoin Wallets May Have Been Compromised by Rogue Developer appeared first on CCN
The French company Ledger design very popular Nano S cryptocurrency hardware wallets. Now, the CEO of the company, Eric Larcheveque has explained why every trader in the crypto space should be using hardware wallet no matter the size of their investment, big or small.
The company was founded four years ago in 2014 and describes itself “a fast-paced, growing company developing security and infrastructure solutions for cryptocurrencies as well as blockchain applications for individuals and companies, by leveraging a distinctive, proprietary technology.” they also say that they have “a distinctive operating system (OS) called BOLOS, which we integrate either to a secure chip for the Ledger wallet line, or to a Hardware Security Module (HSM) for various enterprise solutions.”
The South Korean National Police Agency has produced a report of all hacking incidents of crypto exchanges and wallets in the country during the past three years. According to local media, there were seven hacking cases of crypto exchanges and 158 cases of wallet hacks, 91 of which happened this year. However, only six arrests were made.
Korean Police’s Crypto Hacking Report
The South Korean National Police Agency has compiled a report of known hacking incidents that occurred in the country since 2016, according to local media.
Over half the Bitcoin supply sits in wallets holding over 200 coins ($ 1.25 million), indicating faith among major bagholders remains, new research released September 17 suggests.
Diar: Investors ‘Keeping The Faith’
The data, compiled by cryptocurrency market research newsletter Diar in its latest weekly edition, echoes similar findings from industry researchers appearing throughout 2018.
Despite Bitcoin price 00 trending towards $ 6000 once again this week, there is little trace of panic selling, Diar noting largescale investors continue to show “very strong resolve.”
“Long-term investors are keeping the faith in the king of cryptocurrencies despite the bears market in 2018,” the newsletter comments.
MyCrypto, a non-custodial Ethereum and ERC20 token wallet created by the co-founder of MyEtherWallet, has integrated a feature that enables Ethereum users to schedule ETH transactions ahead of time. On MyCrypto, an open-source wallet that is structurally similar to MyEtherWallet, users can connect hardware wallets like Trezor and other non-custodial wallets such as MetaMask to
The post Ethereum Wallets are Enabling Transaction Scheduling, Killer Feature appeared first on CCN
Malware, a persistent thorn in the side of the internet’s wider community, has become an increasing concern for cryptocurrency users. A problem that comes in many forms, malicious software is leveraged by hackers to rob community members of their funds. One program, dubbed the clipboard hijacker, for instance, operates by secretly gaining control of a Windows device’s running memory. It then replaces the Bitcoin address copied into a user’s clipboard with the address of the attacker, leading the user to unwittingly transfers funds to the hacker.
In the span of one night, Google removed at least three major cryptocurrency wallets from the Play Store without providing immediate reasoning. CoPay, BitPay and Bitcoin Wallet, which is managed by Bitcoin.com, stand as the initial wallets removed from the Play Store. Although none of these are mining applications or advertise any such features, Bitcoin.com CEO […]
An emblematic, and probably the most controversial feature, cryptocurrencies brought to the world economy is absolute privacy. Lately, however, it seemed that this property was lost as financial institutions started to get the hang of the way they work. PayNym claims to be able to bring it back.
“When you walk the streets, it’s good to have a Samourai on your side”
The parent company, Samourai, vowed to bring into being the products that “Silicon Valley will never build, the regulators will never allow, and the VC’s will never invest in. We build the software that Bitcoin deserves.” One of their most popular software is the Samourai Wallet for Bitcoin which protects the identity and transaction history of its owner from curious eyes.
If you’re looking for the best Bitcoin wallet, you want the safest option available. Ideally, that means a hardware wallet, or software at a push. We’ll ignore web and mobile wallets for now, as they’re just too vulnerable to hacking.
Here’s our list of the best six:
Although it’s half the price of other hardware wallets, BitBox is just as safe. Made of bulletproof material, it is basically a dongle.
IOTA is one of the most solid platform with over $ 1 billion in market cap. For IOTA investors and users, finding a secure wallet is by far the most important thing. If you happen to stumble upon a fraudulent site or wallet, you may lose your IOTA in the blink of an eye. The following list of top iota wallets is ranked in terms of current popularity.
This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned
Español Русский Today we’re going to talk about Ethereum wallets – those pieces of software, or hardware, that allow us to interact with the Ethereum network. Here’s what we’ll go over: Introduction Accounts and addresses Sending Ether Types of wallets MyEtherWallet Hardware Wallets MetaMask Exodus Jaxx MyETHAddress – Paper Wallet Units of Ether Ethereum Gas […]
This week Bitcoin.com reached a milestone of a whopping 2.5 million Bitcoin.com Wallets created in less than a year. Since we started our web portal we’ve focused on providing people with world-class resources that fit every bitcoiner’s needs and our simple-to-use wallet is no different.
Chinese cybersecurity firm Qihoo 360 Netlab discovered that hackers have been targeting Ethereum wallets configured with open port 8545, with one attacker pillaging over US$ 20 million from various victims.
The attack vector used by the perpetrators exists as a feature of most Ethereum wallets in which the software has been configured to expose the RPC (Remote Procedure Call) interface on port 8548. This feature is incredibly useful for network administrators, allowing them to request services from clusters of machines without having to understand the details of the network.
Since the turn of the year, the price of bitcoin has been battered with investors left to lick their wounds. Behind the scenes though, the development of Bitcoin has continued to defy market movements with the continuous development of the Lightning Network (LN), which has led to the creation of several bitcoin LN wallets.
The Lightning Network ushered in the promise of easing network congestion by moving on-chain transactions to the second-layer protocol.
Here are some of the mobile wallets currently in development.
Buying bitcoin is about get a whole lot easier for a whole lot of people – particularly in China.
Did Somebody Say ‘Mass Adoption?’
Bitcoin is set to continue down the path towards mainstream adoption thanks, in no small part, to mobile phone giant Huawei Technologies Co. On Friday, the third largest mobile handset maker in the world will begin affording their users the ability to download Bitcoin wallets on their devices.
The announcement comes from BTC.com’s vice president of business operations, Alejandro de la Torre, as the BTC.com wallet is slated to become the first cryptocurrency app offered by Huawei’s AppGallery. Explained de la Torre in a phone interview with Bloomberg: