Category: Education

USB Armory, the 1st Next Gen Hardware wallet launches March 2015

In the market of hardware wallets, only one can boast unique features as USB Armory release the USB stick computer. With the recent rise in Web wallet thefts many have turned to hardware wallets to store their Bitcoins. With over 250 Bitcoins stolen from the Blockchain wallet, but thankfully returned (just last week), users have become much more security aware over the dangers of using online wallets for bitcoin storage. …
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Anecdotes of Lethargy: Secure Your Bitcoins

With more power comes more responsibility As your own bank, you are responsible for your bitcoins. A reddit user came out on the popular social media platform, claiming to have been victimized by the scourge of cybercrime which has plagued the bitcoin economy. According to the bitcoin public ledger, block chain, the victim lost around 40.5 bitcoins, worth roughly $14,860 at the time of the transaction. The recent incident reflects …
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BitLicense: An Overview

An Overview of BitLicense From It’s Inception The year 2014 has turned out to be the year where almost everyone has hopped on the Bitcoin bandwagon. Bitcoin start ups have sprouted out from all corners of the world, tacking a range of crypto-currency services. But, as Bitcoin slowly seeps into the mainstream, bitcoin businesses everywhere have been demanding regulatory clarity from legislators and industry governing bodies. Earlier this year, in …
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How multisig transactions can fix the current Credit Cards’ broken consumer protection system

Why is the current credit card’s conflict resolution system is broken Credit Cards were invented in the 1950s and were first used as plastic traveler’s cheques.¬†They were designed on extending credit to the consumer and allowing the merchant to collect or debit money from the consumer’s account, whats known as a pull system. As credit card users, we have that notion that our transactions are “protected” in the form of …
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