What Is A Dark Skippy Attack?
Owning the hardest money in the world makes you a prime target as the size of the Bitcoin market increases, and so does your purchasing power as you own a relative share of that market. The more your net wealth increases, the better class of criminals that would come after you; as a Bitcoin holder […]
Denmark Looks To Ban Bitcoin Wallets
According to figures from Danmarks Nationalbank’s survey of Danish citizens’ payment habits, approximately 272 million cash payments were made by citizens in 2023, totalling approximately kr. 84 billion in trade. This represents 8% of the country’s settlement, down from 10% in 2021. Denmark is among the top twelve EU member states with the most cashless payment […]
The Social Engineering Hacks Will Continue Until Self Custody Improves
When you decide to store your wealth in Bitcoin, security is paramount. The blockchain spares no expense in securing blocks for a reason, and you shouldn’t either. Trusting large entities with our money and assets might be the norm, but centralisation comes at a cost. While we fortify our digital wallets with strong passwords and […]
Beware Of Hardware Wallet Phishing Scams
Entering the exciting world of Bitcoin can feel like discovering a treasure chest – except instead of gold coins, you have digital ones secured within a “hardware wallet” or, as some call it, a “signing device“. These devices are your treasure chest, secured with a lock that only you should know the combination to, a […]
What Is A Bitcoin Passphrase?
In Bitcoin, where fortunes reside in strings of code, security should always be your number one priority. When you decide to store your wealth in Bitcoin, your first task is to eliminate third-party risk, which involves generating a set of private keys only you can access; once you have those keys, you can generate public […]
What We Can Learn From The Ledger Connect Hack
As you tumble down the Bitcoin rabbit hole, one of your first steps is to get your coins off exchanges and hold your keys. Many of us, lured by the promise of self-custody and the simplicity of a thumb drive, entrusted our Bitcoin riches to Ledger wallets. These affordable devices, once the go-to for security […]
Ledger Live Tracking Reveals Privacy Concerns
Ledger wallets are arguably one of the most popular hardware wallets/signing devices on the market; the brand recognition and trust it has built over the years with its Nano range of devices is admirable. Their brand of physical devices designed to store and manage your Bitcoin has helped drive home the idea of self-custody. Self-custody […]
What Is Shamir Secret Sharing?
In researching Bitcoin, you’ve likely come across terms like decentralised, stateless, non-custodial, and elimination of third-party risk, all routed as benefits of using the network; well, that and “number go up“, right? While these features are unique to Bitcoin and contribute to the value proposition, many of us distil all that value into the fiat […]
What Is Multi-Party Computation (MPC)?
I am sure a few days after receiving your first paycheque; someone told you how important it is to “manage your money”. Earning an income is only one half of the equation; keeping the money and ensuring you have a larger capital stock for a rainy day is the second task you’re left to figure […]
What Is Frostsnap?
The core of Bitcoin’s value proposition is the ability to self-custody through the simple act of creating a wallet where you hold the only copy of the keys. When you self custody your funds, you are free of any third-party risk, but you will face a different set of obstacles. If you ever lose your […]