Bitcoin Self-Defense, Part I: Wallet Protection
Wallet security has always been a primary concern in the Bitcoin development community. Although no other payment system in existence grants you the same level of freedom and control over your money that Bitcoin does, at the same time it can also be its greatest weakness. If you lose your wallet, or the password to your wallet, there is (usually) no one....
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Bitcoin Self-Defense, Part 1: Wallet Protection. The in-person Bitcoin economy is an exciting place to be. Ever since "Satoshi Square", an in-person Bitcoin exchange event in New York City, had its first meeting in May, the popularity of trading bitcoins for cash, and for goods, in person has been growing exponentially. In the two months that followed, Satoshi Square spinoffs have been held in Los Angeles, Boston, Toronto and even, albeit without the "Satoshi Square" brand, Berlin. Bitcoin meetups in Argentina are seeing hundreds of people attending, excited about the currency's potential....
Identity theft protection company LifeLock has acquired Lemon Inc, creator of an innovative digital wallet, for $42.6m. Lemon Wallet launched in 2012 with the aim of "delivering the most consumer focused, secure and innovative digital wallet experience on the market". The app was initially designed as a backup of a physical wallet, but it went on to develop more and more useful features, with users being able access real time account balances and fraud alerts. LifeLock launched its own new app today - LifeLock Wallet - which utilizes all of Lemon's technology to aid users in the management....
Ross Ulbricht’s legal defense filed a reply to the government as part of his appeal this week. On behalf of Ulbricht, who was sentenced to double life in prison without parole for operating the Silk Road dark marketplace under the alias Dread Pirate Roberts (DPR) more than a year ago, attorney Joshua Dratel disputes the fairness of the trial. The defense has requested that Ulbricht’s “convictions should be vacated, and a new trial ordered, or that he be re-sentenced before a different district judge.” Ulbricht's defense had issued an initial appeal earlier this year, which was answered by....
Mark Karpeles, the CEO of troubled Japan-based bitcoin exchange Mt. Gox, must travel to Dallas, Texas, this month to take part in his formal deposition, a form of sworn testimony that will lay the groundwork for his future defense. Karpeles had previously suggested that the deposition take place in Taipei, Taiwan, though this motion was strongly opposed by lawyers representing US-based former exchange users. Further, Karpeles will have compelling reason to make the trip, as the judge suggested that the journey will be necessary if he wants an extension of the company's bankruptcy....
In May, Bitcoin Magazine reported that both the Defense Advanced Research Projects Agency (DARPA) of the U.S. Department of Defense (DoD) and NATO have requested proposals for the development of military-related apps built on blockchain technology. In particular, DARPA wants to leverage blockchain technology to create a secure messaging service and NATO is interested in applications of blockchain technology to military logistics, procurement and finance, with a catch-all described as “other applications of interest to the military.” Previously, the U.S. Air Force worked with contractors to....