Tagged: private keys

$130 Billion in Bitcoin (BTC) Is Now Permanently Inaccessible due to Lost Private Keys Associated with Crypto Wallets

Nathaniel Popper from the New York Times reports that of the (approximately) 18.5 million Bitcoin (BTC) in circulation, about 20% — valued at around $130 billion at the time of writing — seems to have been lost or isn’t accessible from the crypto wallets where… Read More

Biggest Security Problem Bitcoin (BTC) has is its User Experience (UX) According to Casa CEO Nic Neuman

Nic Neuman from Casa says that the biggest security problem that Bitcoin (BTC) has is its user experience (UX). This past October 2020 marked the 12th anniversary of Satoshi Nakamoto’s Bitcoin whitepaper. During this relatively short period of time, Bitcoin has fundamentally transformed “the way… Read More

Blockchain based Digital Commerce Services Are More Affordable and Accessible than Centralized Solutions, According to Daniel Dabek from Safex

We recently connected with Daniel Dabek, the Executive Director and Chief Software Architect at the Safex Foundation, an organization supporting blockchain-focused e-commerce solutions. Dabek explained how Safex aims to “democratize” the digital commerce engine by leveraging blockchain technology. He believes that distributed ledger technology (DLT)… Read More

Private Keys Associated with Valuable Digital Assets May Not be Completely Safe or Hack Proof, Cryptographers Explain

Researchers that attended the recent Black Hat security conference confirmed that digital currency exchanges remain vulnerable to hackers. While digital asset trading platforms may have attempted to provide adequate security to protect users’ funds, researchers argue that cryptocurrency exchange attacks have been operating like “an… Read More

Samsung Added Support for Stellar (XLM) Cryptocurrency to its Blockchain Keystore, Allows Millions of Users to Access the Digital Asset

The Stellar Development Foundation (SDF), a non-profit entity established in 2014 to support the development and growth of the open-source Stellar (XLM) protocol, recently announced that Samsung added support for the XLM digital currency to its Samsung Blockchain Keystore. XLM (or “lumens”) is now available… Read More

Blockchain Firm Bison Trails Adds Support for Keep Network, a Privacy Protection Layer for Ethereum (ETH)

Bison Trails, a blockchain “infrastructure-as-a-service” company, recently confirmed that it has added support for Keep Network, which serves as a privacy protection layer for Ethereum (ETH). Keep Network aims to address the challenges involved with allowing private and secure data to be used on a… Read More

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