Hardware Wallet news-Page 9
With New Crypto Hardware Wallet, Evercoin Takes Aim at Trezor and Ledger
Evercoin announced the launch of Evercoin 2 today, Nov. 12, at New York Consensus Invest Summit. Evercoin claims that its new wallet is the safest hardware wallet currently on the market, providing users with an end-to-end encrypted ownership solution for cryptocurrency storage. Powered by YubiKey 5ci — a security key designed to deliver strong hardware-backed authentication for iPhones and other devices — Evercoin 2 contains a hardware wallet no bigger than a house key. This is the first hardware wallet to use YubiKey 5ci for iPhone and USB-C for android devices. The competition “Unlike hardware wallets such as Ledger or …
Blockchain / Nov. 13, 2019
Venezuela President Maduro Touts Trezor Bitcoin Wallet on National TV
On Nov. 6, President of Venezuela, Nicolas Maduro appeared on state-run television station Venezuelan Television Corporation (VTV), holding a crypto hardware storage device allegedly developed by major wallet supplier Trezor. The video is posted on the official Facebook page of President Maduro. Trezor says it is unaware of the alleged Trezor representatives who appeared on the Venezuelan national TV alongside Maduro. Trezor says it is investigating In a news segment titled "Private companies of cryptocurrency are operative in Venezuela," Maduro was meeting a company that introduced themselves as alleged representatives of Trezor in Venezuela, Trezorvenezuela. The alleged representing firm has …
Bitcoin / Nov. 7, 2019
‘No Borders’ — Alistair Milne Sends Bitcoin Instead of $2.6K Gold Bar
Bitcoin (BTC) investor Alistair Milne was eventually forced to send Bitcoin instead of a $2,600 gold bar as part of his recent giveaway. Following a giveaway announcement on Sept. 19, Milne has revealed the winner as well as other giveaway details in a thread on Twitter on Oct. 22. Giveaway background As originally envisaged, Milne should have given away a $2,600 Denarium Bitcoin Decennium 2019 as part of the giveaway with the winner expected to be announced on Oct. 19. In the giveaway announcement launch, the entrepreneur specified that in order to be eligible, participants should follow Milne’s Twitter and …
Bitcoin / Oct. 22, 2019
Cryptosteel Launches Physical Device for Private Key Backup Protection
Cryptosteel has launched its Cryptosteel Capsule, a physical backup device for the offline storage of private keys, passwords, and wallet recovery seeds. The company announced the official launch of the product in a tweet posted on Oct. 21. Not a hardware wallet Unlike the hardware wallets that many cryptocurrency HODLers are familiar with, Cryptosteel’s capsule focuses on providing a physical backup for personal, sensitive data — a more durable alternative to storing your private key on a physical piece of paper. The device is a pocket-sized, stainless steel capsule containing a central column, onto which a user can manually assemble …
Altcoin / Oct. 22, 2019
Bobby Lee: Chinese Always Saw Bitcoin as Investment, Not for Payments
Bobby Lee — co-founder and former CEO of China's first crypto exchange BTCC — says the Chinese have always thought of Bitcoin as an investment rather than a payment system. Lee made his remarks during an interview for Charlie Shrem’s Untold Stories podcast on Sept. 18. Designed for non-geek users Beyond sharing his reflections on the Chinese cryptocurrency landscape — covering interactions with regulators and observations about local investor tendencies — Lee used the airtime to discuss his latest crypto venture, a hardware wallet dubbed Ballet: “Ballet is the culmination of my experience [...] I led the [BTCC] exchange, I …
Bitcoin / Sept. 18, 2019
Ledger Live Now Supports Over 1,250 Ethereum-Based ERC-20 Tokens
French hardware wallets manufacturer Ledger announced that its cryptocurrency management software Ledger Live now supports Ethereum (ETH) ERC-20 tokens. In a blog post published on Sept. 5, Ledger announced the version 1.14.0 of its Ledger Live software that now supports over 1,250 Ethereum-based ERC-20 tokens. The update has already been released for both mobile and desktop versions of the software. More assets to be supported in the future The Ledger Live application allows users of the company’s hardware wallets such as Ledger Nano S or Ledger X to manage their devices and cryptocurrencies. The firm also promises to add support …
Ethereum / Sept. 7, 2019
Crypto Exchange Rokkex Incorporates Ledger Vault to Improve Security
French hardware wallet producer Ledger will provide its asset management system to Estonia-based crypto exchange Rokkex. Cybersecurity-focused exchange Built by Lithuanian cybersecurity and fintech professionals, Rokkex will integrate its trading platform with Ledger’s enterprise wallet management solution Ledger Vault to secure its crypto assets, according to a news release shared with Cointelegraph on Aug. 20. Lukas Krikstaponis, Rokkex’s co-founder and CEO, said that the platform has successfully tested Ledger’s technology on its platform to date. Demetrios Skalkotos, global head of Ledger Vault, explained: “Rokkex’s customers expect full transparency and protection from crypto hacks. [...] By leveraging Ledger Vault, Rokkex will …
Altcoin / Aug. 20, 2019
ShapeShift Addresses KeepKey Hardware Wallet Vulnerability Report
Cryptocurrency swaps and hardware wallet producer ShapeShift addressed recent KeepKey hardware wallet vulnerability allegations. ShapeShift responded to an alleged vulnerability submitted through its responsible disclosure program in a Medium post published on Aug. 4. Per the announcement, the firm received a vulnerability report through the program on May 1, which described what the researchers believed to be a hardware vulnerability. The purported vulnerability would allow an attacker to read what was on the wallet’s screen by monitoring power fluctuations to the display in what is known as a side-channel attack. If attackers were monitoring the power levels while sensitive information …
Blockchain / Aug. 7, 2019
Austrian State Printing House Launches a Cryptocurrency Cold Wallet
Youniqx Identity AG, a subsidiary of the Austrian State Printing House, has developed a cryptocurrency hardware wallet, reveals a press release published on July 29. Per the report, the hardware wallet — named Chainlock — enables the offline storage of private keys allowing access to cryptocurrency wallets. The device is reportedly capable of generating the private key, and is also water and heat resistant. The wallet in question will be available via the firm’s partners, including Tokenize Exchange in Singapore and Coinfinity in Central Europe. The release further claims that the Austrian State Printing House is specialized in identity document …
Blockchain / July 29, 2019
Mercedes Parent Firm is Building a Crypto Hardware Wallet for Cars
Daimler, the German multinational corporation behind the Mercedes-Benz brand, partnered with European blockchain interface solutions startup Riddle & Code to provide an open car hardware wallet solution, the startup announced in a press release published on July 22. ‘Turn automobiles into future market places’ Per the release, car wallets have a wide variety of use cases, such as car-sharing, autonomous vehicles, real-time exchange of secure traffic data and with smart city environments to reduce congestion and lower insurance premiums. The startup’s CEO Tom Fürstner declared: “Autonomous cars must behave consistently to be trusted. Cars are already computing devices. A secure …
Blockchain / July 22, 2019
ShapeShift’s New Non-Custodial Exchange Supports Hardware Wallets
Switzerland-based crypto exchange ShapeShift has launched its new non-custodial crypto platform operating across multiple blockchains, the firm announced in a press release shared with Cointelegraph on July 8. The new ShapeShift platform offers an integrated suite for digital asset management, enabling an end-to-end tool for secure storing, buying, selling, trading, and tracking cryptos, the company stated. The platform supports 50 cryptocurrencies including bitcoin (BTC), ether (ETH) and litecoin (LTC), ShapeShift noted, adding that it is targeting common international traders instead of institutional investors. As such, ShapeShift platform’s users can now integrate with the platform using their hardware wallets such as …
Adoption / July 9, 2019
Trezor Responds to Ledger Report on Vulnerabilities in Its Hardware Wallets
Prague-based crypto wallet manufacturer Trezor has responded to а report about hardware vulnerabilities from its competitor Ledger on Tuesday, March 12. Trezor claims that none of the weaknesses revealed by Ledger in a detailed report on March 10, are critical for hardware wallets. As per Trezor, none of them can be exploited remotely, as the attacks described require “physical access to the device, specialized equipment, time, and technical expertise.” Trezor further cites the results of a recent security survey performed in partnership with major cryptocurrency exchange Binance. According to the survey, only around 6 percent of respondents believe that physical …
Blockchain / March 12, 2019