Trezor’s New Hardware Wallet Looks For a Colorful Take on Bitcoin Security
When you are a member of the ever-growing Bitcoin community, Bitcoin security is always a high priority, especially when it comes to protecting personal data from governments and others. Through no fault of their own, the Coinbase fiasco dealing with the IRS is another example of Bitcoin users constantly under siege. Maybe using large centralized websites for Bitcoin is not the way to go to secure your decentralized currency? Trezor, the original hardware wallet for the Bitcoin community, is redesigning their popular Trezor, and we have some information on what they have in store for 2017.....
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The desktop app reportedly provides “more robust protection” than Trezor’s browser-based wallet. Crypto wallet provider Trezor has launched a new desktop app called Trezor Suite for its hardware wallet.According to an Oct. 14 blog post, Trezor's parent company Satoshi Labs claimed its desktop app provides “more robust protection” than its browser-based wallet, and said they have eliminated the risk of phishing attacks that often target crypto users.“People have the right to privacy and security online but few know how to achieve it,” stated the Trezor blog. “Using Trezor Suite should help....
Gem partners with Thales e-Security. Bitcoin startup Gem, that provides a scalable API for bitcoin developers, has revealed to CCN a security enhancement that may be significant for the future of Bitcoin security. The company announced the inclusion of Custom Hardware Security Modules produced by Thales e-Security, as part of their standard multi-sig bitcoin wallet. Multi-sig wallets have become the standard for Bitcoin wallet security. A multi-sig wallet is associated with several private keys, making it more secure. Gem's inclusion of the Hardware Security Modules or HSMs, is bound to....
One of the challenges of storing bitcoin securely is finding the appropriate tradeoff between security and convenience. On one end of the spectrum, hosted online wallets make it super simple to store your bitcoin online and access them from any computer by logging in with a username and password. However, this means that your account can be compromised easily by an attacker who learns your email and password. This also means that you must trust your hosted wallet provider to offer appropriate security measures. On the high-security end of the spectrum, paper wallets allow you to store....
On the apps front, Ledger Blue comes pre-loaded with multiple dedicated companion apps. Hardware Bitcoin wallets provide excellent security to cryptocurrency enthusiasts all over the world. Various manufacturers are working on new generations of their products right now. The Ledger Blue, which brings enterprise-grade security to Bitcoin users, is now available for purchase on the website. Right on time for the Christmas holidays, as securing funds is of the utmost importance. People who take Bitcoin wallet security seriously should look into the various hardware offerings. Storing funds in....
CryptoLabs, a new Bitcoin technology development startup, launched a hardware Bitcoin wallet that allows users to store buy, send, sell and receive the digital currency, TechCrunch reports. CryptoLabs founder Melanie Shapiro the pursuit of security has created complexity and led to an extremely cumbersome experience, destroying any incentive for the average user to adopt Bitcoin. She adds: "Security and ease-of-use are a huge problem in the bitcoin space. We are the most secure option because we're a piece of dedicated hardware. We use multi-sig authentication. There are three keys and....