Case Wallet to Help Secure Your Bitcoins
The bitcoin businesses, especially exchanges have become the favourite target for hackers. There have been and continue to be at the receiving end of numerous hacking attacks. These hackers have gotten lucky in few cases like that of Mt Gox and Bitstamp as they made away with millions of dollar worth in bitcoin. This is not the time to feel disheartened, as Case will put all your worries about the bitcoins you own to rest. Case Wallet, supposed to be the world's most secure hardware wallet developed by a Bitcoin start-up Cryptolabs will be available soon for bitcoin users. Thanks to the....
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Getting started with Bitcoin is not the easiest thing to do. One of the things holding Bitcoin back is its highly technical nature. In a very convenient world, Bitcoin is not very convenient to use, yet. Things like Bitcoin storage and security are a major hindrance. There have been plenty of issues with websites that hold Bitcoin wallets being hacked, if that even is the case, costing countless users their bitcoins. The hardware wallet is thought to be the next generation of Bitcoin security, taking the precious digital coins “off the grid” for superior security from non-secure computer....
It can be difficult for the average user to keep his or her Bitcoins safe. If you keep your BTC in an online wallet, it's possible for the service to get hacked and for your Bitcoins to get stolen, like what happened with Inputs.io. 4100 BTC were stolen from Inputs.io, which is roughly worth $3.5 million at the time of this post. If you store your Bitcoins locally using something like Bitcoin-QT, you have to be sure to make secure, encrypted backups to avoid losing your coins. There's really no perfect solution that combines security and convenience. Even the widely-trusted and used....
Bitcoin paper wallets are a great, simple, and secure method to store your precious bitcoins. While creating and using a paper wallet may be simple, much confusion still stands behind the how. Today I'm going to show you how to create a bitcoin paper wallet, and explain how they work. But first, let's see the positive and negative sides of a paper wallet: Positive sides. Pretty much the only way someone can steal your bitcoins (assuming your private key wasn't compromised while creating the paper wallet) is for someone to physically see the paper wallet. Easy to create. Fun way to share....
It is raining investments in the digital currency sector. A number of companies have raised millions of dollars in funding in recent days. Case Wallet Inc. also known as CryptoLabs has recently raised another tranche of seed investment of about $750,000 towards its bitcoin wallet business. Case Wallet Inc. is the manufacturer of Case secure hardware bitcoin wallets. The New York based startup has so far raised seed investment of about $2.25 million, including the earlier $1.5 million raised in June 2015. With the latest tranche of investment, the seed investment round stands closed. READ....
The developer of popular bitcoin wallet MultiBit is battling a wave of criticism this week after a user suggested that a bug in the software rendered his bitcoins inaccessible. Reddit user 'wetseals', who asked us not to reveal his real name, said that he transferred 0.5225 bitcoins into his Multibit wallet from his Blockchain wallet, hoping for a more secure form of offline storage. Wetseals planned to use the wallet to help sell multiple Starbucks gift cards to chatroom users of the online power site SealsWithClubs, and set up 550 separate bitcoin addresses for that purpose, he said. He....