Trezor Defends Crypto Wallet Security after Ledger’s MIT Bitcoin Bombshell

Ledger Chief Security Officer Charles Guillemet gave a shocking presentation at the MIT Bitcoin Expo this week in which he presented alleged vulnerabilities with the hardware cryptocurrency wallet produced by Trezor – perhaps its top competitor. Trezor argues in a new blog post that all of the attack vectors mentioned are not exploitable remotely. Ledger Spills the Beans on Alleged Chip Vulnerability Trezor particularly took umbrage to the disclosure of an existing chip vulnerability, saying: “e were surprised by Ledger’s announcement of this issue, especially after being explicitly asked by Ledger not to publicize the issue, due to possible implications

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14-Year-Old WinRAR Exploit Allegedly Threatens Crypto Wallets

According to a user on the Bitcoin subreddit, there is an exploit on a common version of WinRAR that enables the potential theft of coins. The bug, which allowed executable code to be inserted on a system after opening a RAR file, has apparently existed for 14 years but is only recently coming to light. Now that it’s common knowledge, exploits are likely to be written for unpatched systems. WinRAR Patches Problem, Drops ACE Updating WinRAR to the latest version (from an official source) will patch the problem. But WinRAR is one of the most common pieces of software out

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Samsung Pay Will Integrate Cryptocurrencies for 10 Million Users: Report

Even before the official announcement of Samsung Electronics on the launch of the Samsung Blockchain Wallet, local publications speculated that Samsung Pay could be behind the high-profile crypto integration for the Galaxy S10. If Samsung Pay is Behind the Crypto Integration, it May Be Crucial For Real Adoption On January 29, The Korea Herald reported that Samsung is set to integrate a cryptocurrency wallet into the Galaxy S10, well over a month before the formal release of the Samsung Blockchain Wallet on February 21. Industry sources reportedly told the publication that Samsung Pay, a widely utilized digital payments application with

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Coinomi Addresses Spellcheck Vulnerability, Accuses Victim of Bitcoin Extortion

CCN earlier reported that Coinomi wallet had a confirmed bug that allowed Google to view the details of a user’s seed phrase. The seed phrase generates a wallet. Coinomi uses a 24-word phrase. It enables a user to regenerate their wallet on any platform, and maintain a simultaneous wallet on their phone and on their desktop. According to Coinomi’s own blog post on the subject, CCN and social media users wrongly characterized the transmission of seed phrases. Packets Were Not “Plain-Text” For one thing, the transmission was not intentional or by design. The bug only affected desktop wallets. The error

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Redditor Claims Theft of $70,000 in Life Savings Due to Critical Coinomi Wallet Bug

According to cryptocurrency investor Warith Al Mawali, he has lost all of his life savings in the tune of $60,000 to $70,000 on Coinomi, a widely utilized crypto wallet on Android. In a detailed report, Mawali claimed that a critical vulnerability found on the wallet led to the loss of user funds as it compromised the private key of his wallet. SECURITY VULNERABILITY@CoinomiWallet sends your plain text seed phrase to Googles remote spellchecker API when you enter it! This is not a joke! Video attached for proof. Credit goes to @warith2020 for finding the issue, read more from him here:

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Bitcoin Whales Have Accumulated Thousands of Coins in the Last 2 Months

Bitcoin Whales Accumulate Thousands of Coins in the Last Two MonthsCryptocurrency markets experienced a long bearish cycle last year which has continued into 2019. With some of the top cryptocurrencies like bitcoin cash (BCH) and bitcoin core (BTC) losing significant fiat value, large holders, otherwise known as ‘whales,’ have been able to accumulate massive amounts of digital assets. According to the top 100 rich list […]

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Samsung Galaxy S10 Will Feature Full ERC20 Support in Crypto Wallet

T Store, a mobile application marketplace operated by SKT, the largest telecommunications giant in South Korea, officially introduced Samsung Blockchain Keystore and the revolutionary native crypto wallet on the Galaxy S10. The photograph of the of the Samsung Blockchain Keystore and crypto wallet released by T Store showed a section called “Token Transfers” under the platform’s Ethereum wallet, featuring ERC20 tokens like Basic Attention Token (BAT) and Enjin Coin. Following the launch of the Galaxy S10 in San Francisco, local publications in South Korea reported that Samsung is expected to integrate a full ERC20 support into its crypto wallet. Samsung’s Crypto

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Coinbase’s Brian Armstrong Says it’s Okay to Use Hot Wallets to Store Bitcoin

Brian Armstrong, CEO of $8 billion crypto exchange Coinbase, wants to set some misconceptions straight about the security of various types of Bitcoin wallets. Writing in Fortune, Armstrong clarifies – for a mainstream audience – the difference between hot and cold wallets. If the reader is unfamiliar with the concept, it’s pretty simple. A “hot” wallet is connected to the internet and capable of making immediate transactions. A “cold” wallet is secured offline, by definition, although there are degrees of coldness. A private key stored on an internet-connected device but not loaded into any active wallets is still technically “cold”

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‘Samsung Blockchain Wallet’ Will Tutor You to Store Your Bitcoin, Ethereum on Galaxy S10

The phrase “crypto wallet” has not been used during the launch of the Samsung Galaxy S10 and Fold at the electronics giant’s high-profile presentation in San Francisco on February 20. Instead, the company pushed the product as a private crypto key storage and an all-in-one blockchain platform called Knox, confusing some users on the core applications of the feature. The official Samsung Galaxy S10 blockchain tutorial on the device shared by Heslin Kim, a cryptocurrency analyst based in South Korea, shows a native cryptocurrency wallet as a part of Knox called Samsung Blockchain Wallet. The Samsung Blockchain Wallet features Bitcoin

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Breaking: Samsung Galaxy S10 Features Built-in Crypto Support

South Korean smartphone giant Samsung unveiled its long-awaited Samsung Galaxy S10 on Wednesday, and bitcoin investors waited with breathless anticipation to learn whether the S10 would feature an integrated crypto wallet. Does Galaxy S10 Include A Bitcoin Wallet? In a word, yes. Samsung confirmed today that it has integrated “Samsung Knox” into the S10, a feature which uses hardware security to store private keys for blockchain applications, including – presumably – cryptocurrency. Developers will be able to make use of the feature in creating hardware wallets via software. Anyone who owns an S10 will essentially have a hardware wallet. “Galaxy

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