New York-based crypto custody startup Casa has released a new security protocol and service focused on helping people address the question of Bitcoin inheritance. New York-based crypto custody startup Casa has released a new security protocol and service focused on helping people address the question of Bitcoin (BTC) inheritance. The new offering, dubbed “Casa Covenant,” […]
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SIM swapping victim Michael Terpin wrote an open letter to FCC Chairman Ajit Pai to take action against this type of fraud. SIM swapping victim Michael Terpin wrote an open letter to the United States Federal Communication Commission (FCC) Chairman Ajit Pai. In his letter, posted by Coindesk on Oct. 21, Terpin requested that the […]
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California resident files a lawsuit against AT&T alleging that its employees helped to perpetrate a SIM-swap resulting in the theft of over $1.8 million, including crypto. California resident Seth Shapiro has filed a lawsuit against wireless service giant AT&T alleging that its employees helped to perpetrate a SIM-swap which resulted in the theft of over […]
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Do you understand your tolerance for risk? Being armed with this knowledge is essential — especially if you’re interested in crypto. “Risk tolerance” is a buzzword that’s commonly bandied around in the investment world — and with very good reason. Although the phrase “no pain, no gain” has some truth — and there will always […]
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Major Bitcoin wallet software Electrum will feature an in-house developed implementation of scalability solution Lightning Network in its next release. The next release of major Bitcoin (BTC) wallet software Electrum will support off-chain scalability solution Lightning Network (LN). The Electrum official Twitter account announced the upcoming LN integration in a tweet sent on Oct. 14. […]
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With government regulations becoming more stringent, crypto businesses are coming together to form self-regulating bodies for the industry. Self-regulation is once again a trending topic in the cryptocurrency landscape as major exchange platforms have announced the creation of self-regulated organizations (SROs) to achieve some standardization in digital currency governance. Government regulators across various jurisdictions continue to […]
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The United States prosecutors officially indict a man from Singapore for stealing Amazon Web Services’ cloud computing power to mine cryptocurrencies. The United States prosecutors have officially indicted a man from Singapore for using stolen identities to illegally utilize Amazon Web Services’ cloud computing power for crypto mining. According to the indictment initially filed on […]
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Startups target poverty and waste from a blockchain platform. In September, Cointelegraph reported on a Dutch company said to have created the world’s first collection of recycled fabrics made from ocean plastics and whose provenance can be traced via blockchain.The premise is that socially minded consumers want assurance that they are really wearing recycled materials […]
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Algo Capital ex-CTO Pablo Yabo publishes a statement in the wake of a major security breach of a hot wallet under his personal management. The now-former chief technical officer (CTO) of Algo Capital, the investment arm of blockchain firm Algorand, has published a statement in the wake of a major security breach of an Algo […]
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As cyber security becomes prevalent in the crypto space, can major insurance companies provide users with a much-needed safety net? The growth in popularity of cryptocurrencies has, in many ways, outpaced the infrastructure built to support it. In terms of security, cryptocurrency exchanges that serve both as a marketplace and a store of the digital […]
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