According to El Mundo, identity thieves have targetted the Chivo wallet leading to further doubts around Bitcoin adoption in El Salvador. President Bukele sold the idea of Bitcoin as legal tender based on “banking the unbanked” and reducing overseas remittance fees. Payments to friends and family from Salvadorians living and working abroad account for 22%…
In most cases, the differing substrates of a blockchain impose limits on what techniques are available to engineers building these novel systems. For example, the Lightning Network is made possible by leveraging the time and hash locking functionality of Bitcoin script. Blockchains with fewer restrictions on their runtime have access to layered protocols that depend…
Being one’s own bank comes with its own baggage and troubles, despite what most hardcore crypto proponents suggest one to do on social media. But asset security is no joke, even if you think your passwords are strong. A case in point is a recent survey held by Beyond Identity. The password authentication company polled…
El Salvador’s proprietary ‘Chivo’ Bitcoin wallet officially launched earlier this week, but users have already been struggling with bugs within the app’s interface. And while most bugs users reported were minor errors when sending Lightning payments, a significant privacy issue was revealed within the app’s code. Matt Ahlborg, the head of research at BitRefill, pointed…
The Litecoin MimbleWimble (MW) lead developer, David Burkett, has given a progress update on the project. He mentioned improvements to do with stealth addresses, as well as enhancements to the wallet interface. But crucially, Burkett puts a date of March 15 for when he can hand it over to the community for review. January Progress:…
The burgeoning Polkadot ecosystem is getting yet another huge use case to its ever-expanding suite of innovative products. Privacy for transactions The cryptocurrency space—far, far before its current form—started out with the ethos of financial inclusion and privacy. This meant transacting in a fully private, safe manner while still viewing all such transactions in a…
Crypto security is weak across the board, and one wallet provider has a product that can help change that. Being your own bank is hard A recently concluded survey by the world’s “coldest” crypto wallet, NGRAVE, sifted out interesting data about the way crypto users handle their assets, passwords, wallets, and funds. Founded by Ruben…
Early this year, privacy-focused coins were seemingly dealt a death blow by Bittrex, a popular crypto-asset exchange. In an announcement, the exchange said that it would be delisting the trading pairs that pertain to three privacy-focused altcoins: Monero (XMR), ZCash (ZEC), and DASH (DASH). No point was mentioned for the proposed delistings, though many were…
Bittrex to remove the U.S. markets for top privacy coins including Monero, Zcash and Dash | CryptoSlate Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest Bittrex announced on Dec. 29 that its exchange will be removing the U.S. markets for the three of the biggest privacy…
Ledger, the popular hardware wallet, said today that data belonging to over 1 million customers was leaked on a hacker forum. Ledger users endure data leak Hardware wallet Ledger said today that details of a database compromised in June were dumped on RaidForums, an infamous online hacking forum, over the weekend. The information has been…