As Ledger faces public backlash, let's take this opportunity to remind ourselves what a seed is, the concept of cold/hot wallets, and how BTC transactions work.
According to Balaji Srinivasan, our governments can deprive us of our cryptocurrency assets if they want to. They can indeed use Apple, through our iPhones and iPads, and Google if necessary. Let's explain!
Soon, Game Boy owners will have the opportunity to turn their devices into hardware wallets to hold their crypto. The project, known as Game Wallet, has been made public by Joseph Schiarizzi, a developer at Keyp. This Web3 startup aims to use a physical cartridge to harness the power of Nintendo Game Boy and transform it into a secure cold storage wallet for cryptographic assets.
On May 17, a now-deleted tweet revealed intriguing information about Ledger, sparking controversy. It suggested that Ledger could develop firmware to extract users' private keys without their knowledge. The following day, Charles Guillemet, the Chief Technology Officer of the cryptocurrency wallet provider, posted a thread to clarify how Ledger's firmware works, aiming to reassure users. Here's what it entails.
What is a seed? Is it possible for someone to guess it? What are the chances of that happening? What is the seed used for?
Bitget, the largest crypto copy trading platform, has announced a $30 million investment in the decentralized BitKeep multi-chain wallet, becoming its controlling stakeholder. The deal will allow the exchange to extend its range of services while also supporting BitKeep in enhancing the stability and security of its offerings. It’s also aimed at helping both companies to leverage their strengths and collaborate on linking DeFi and CeFi.
Having already talked about good practices managing email addresses and crypto exchanges, it’s time to move on! The long term storage of your bitcoins and other cryptocurrencies on the exchange platform where you bought them is high on the list of bad practices for managing your crypto legacy. As ergonomic…
If you’ve been informing yourself about Bitcoin mining, you’ve certainly heard of Bitcoin Core. The open source software was first released in 2009 by Satoshi Nakamoto, the creator of BTC, under the name ‘Bitcoin Qt’. According to data collected in 2016, almost 90% of miners used the Bitcoin Core client…