Cryptoseed Adds Security to Your Bitcoin Recovery Seed Bitcoin wallets including many mobile and all hardware wallets are often backed up with a recovery seed word phrase which anyone can use to recover those wallets. Cryptoseed uses strong cryptography to turn yourseed phrase into something no one else can use. Also read:Review of the Cold Storage Hardware Wallet Cryptosteel The Problem With Seed Word Phrases A recovery seed word phrase typically comprises 12 to 24 words right out of a…

Covenants Mean You Can Burn Stolen Bitcoins Cornell computer science professor Emin Gün Sirer thinks a bitcoin wallet modelcalled Covenants would disincentivize hackers by allowing the victim to burn the compromised bitcoin after the hack; that is destroy the bitcoin. Also Read: How to Choose the Right Bitcoin Wallet for Your Needs Bitcoin Bounty Because bitcoin transactions are final there is a major bug bounty on bitcoin wallets. This has led to high profile hacks of exchanges wallet…

Bitgo and Ledger Partner to Offer Multisignature Signing for Hardware Wallets Popular Bitcoin wallet Bitgo has announced an integration with Ledger hardware wallets for the Nano S and Blue models. Also read:Bitgo provides an update related to the Bitfinex breach The Partnership We are excited to announce a partnership with Ledger to combine the benefits of Bitgos multisignature enterprise wallet with Ledgers hardware-based key storage announced Mike Belshe Bitgo co-founder and CEO. He…

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EY Uses Bitcoin ATMs to Raise Awareness at the World Web Forum At this years 2-day World Web Forum in Zurich one of the Big Four accounting firms EY presented two Bitcoin ATMs (BTMs) to raise awareness for digital innovation. An EY team was also present to assist visitors with purchasing and spending bitcoin. Also read:EY Switzerland Accepts Bitcoin and Installs ATM EY Raising Awareness with Bitcoin ATMs The recent World Web Conference was a two-day leadership event with over 1400…

Bitcoin Startups Form Association After Reserve Bank of Indias Virtual Currency Warning Following last weeks warning aboutvirtual currencies including bitcoin by the Reserve Bank of India (RBI) four bitcoin startups have formed an association aimed to engage with regulators. Also read:Coinsecures Benson Samuel: Indias Bitcoin Interest Spiking The Association Zebpay Unocoin Coinsecure and Searchtrade arein the process of registering their newly formed Blockchain and Virtual currency…

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Satoshipay is Taking Bitcoin Nanopayments to the Mainstream Bitcoin startup Satoshipay has been enabling content publishers to facilitate tiny bitcoin payments with no fees for almost a year now. The company has just raised 1 million to take their nanopayments to the mainstream. Also read:Cryptoseed Adds Security to Your Bitcoin Recovery Seed Big Money for Tiny Payments Headquartered in London with an office in Berlin Satoshipay started developing its nanopayment product in April 2015…

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