CryptoLabs Announces Bitcoin Hardware Wallet with Biometric Authentication
Stealth bitcoin startup CryptoLabs stepped into the public eye this week, announcing it will seek to market Case, a pocket-sized, multi-signature bitcoin hardware wallet, in 2015. The device, which measures around 86mm by 54mm, will enable users to buy and sell, as well as send and receive, bitcoin. CryptoLabs boasts that, in addition to its compact size, Case will provide the latest in security features, including biometric authentication. Speaking to CoinDesk, CEO Melanie Shapiro framed the company's first offering as one that strives to strike a balance between the usability of mobile....
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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....
CryptoLabs has officially launched its Case hardware wallet at TechCrunch Disrupt NY's Startup Battlefield. First announced in November, Case is advertised as a pocket-sized bitcoin hardware wallet that includes security features such as multisig and biometric authentication. Case is now available for pre-order for $199 or roughly 0.83 BTC through payment processor PayStand. Speaking to CoinDesk, CEO Melanie Shapiro indicated that she expects the first Case units to begin shipping this summer, though no firm dates for shipping were provided. Shapiro further spoke to the broader vision for....
CryptoLabs, led by Melanie Shapiro, is working on a new "Case," a Bitcoin hardware wallet that will set a new standard for security and ease-of-use. The CryptoLabs Case will soon undergo its first manufacturing run, and sales will begin once products are ready to ship. As with any new entrant to the Bitcoin space, skepticism runs amok. CryptoLabs has released their inaugural blog post explaining their system architecture and is currently seeking community feedback. Speaking with CCN, CryptoLabs' founder Melanie Shapiro expanded on her hope that the new Bitcoin hardware wallet would provide....
Bitcoin wallets are already known to be very secure, as most feature a multisig verification and provide both public and private keys for users. However, recent hacking incidents and online theft could lead some companies to consider biometric authentication. Just recently, HYPR Corp. announced the availability of its biometric authentication SDK which could be used for third-party integration. This means that bitcoin wallets could be able to add yet another layer of security to their services. Bitcoin Wallets Authentication. The HYPR SDK enables enterprises to seamlessly implement....
Update: This article was based on Ledger's post on Medium.com, which insinuates that Ledger will integrate full FIDO features. We've been told that this is not true, however. Ledger says they will add U2F authentication, but not biometric. We apologize for the error. The next generation of Ledger, a smartchip-based Bitcoin hardware wallet similar to Trezor, will be compatible with the authentication features of Fido Alliance – namely external dongles and fingerprint readers. Ledger says they will employ Fido Alliance's Second Factor (U2F) and Passwordless (UAF) authentication types. “[It]....