Bitcoin Exchange Mt. Gox Adds 'Extra Security' With One-Time Password Card
Japan-based bitcoin exchange Mt. Gox has announced some new updates and features to its platform including a one-time password (OTP) card. This battery-powered password generator is linked to a user's account, and can be used for an additional layer of security, either by storing a unique password or generating a new one every time a user performs actions such as logging in or initiating a withdrawal online. The card costs $39.99 and is shipping now. For more information about the Mt. Gox OTP card, the exchange has produced a resource guide. Mt. Gox has also announced increased SEPA....
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Mt. Gox has introduces what they are calling, perhaps aptly enough, the "one-time password (OTP)" card. This swiss made card (with a claimed battery life of 3-to-5 years to boot) is designed to add yet another layer of security to user accounts on the exchange, and acts as an alternative to Google Authenticator or Mt. Gox's own Yubikey solution. When used, the card will generate a code every time the user tries to log in, withdraw funds, or access their security center. Mt. Gox says that the card is priced at $39.99 and it's available for purchase and shipping now. You can find more....
SatoshiLabs newly-announced TREZOR Password Manager will store and manage passwords securely and is available for public beta testing for all TREZOR hardware owners, the company announced on Medium. A Chrome extension is available. The new password manager uses advanced cryptography. A user can encrypt each password entry using their personal TREZOR device. The password manager automatically uploads the encrypted data to the user’s private cloud storage, where it is available as needed. No Master Password. TREZOR now addresses the most pressing flaw in password managers, the chance that....
The exchange said it must now ask users for extra information such as the purpose of bitcoin purchases.
Next time you're paying for some of your consumer grade what-have-yous, you might think twice when your cashier asks, "credit or debit?" As CNN reports, credit cards are not a secure form of payment. Nearly all of them are at risk of being hacked. 90% of credit card readers currently use the same password. Lack of responsibility and apathy are leading to the problem. "No one is changing the password when they set this up for the first time; everybody thinks the security of their point-of-sale is someone else's responsibility," Trustwave executive Charles Henderson said. "We're making it....
Have you been thinking about a cold storage solution for your Bitcoin? Don't worry, Verso is here to help. The Swiss-based company has recently released one of the newest and advanced cold storage applications to date. Designed for the Bitcoin community, Verso has created Verso Card, a physical cold storage wallet with military grade security; in addition to the Verso Wallet, the company's mobile application that accesses the funds on the Verso Card. Verso Cards are credit card-sized wallets for Bitcoin, which allow you to carry your digital currency wherever you go with utmost security.....