The manufacturer of popular hardware wallets for storing cryptocurrency Ledger responded to the presentation of the team wallet.fail, which announced the identification of several vectors of attacks on its devices. “They were unable to remove the PIN or seed phrase from the stolen device. All critical assets in the security element are protected, the company writes. Don't worry, your cryptocurrency assets are still safe. ” In particular, the physical modification of the Ledger Nano S wallet followed by the installation of malware on the victim’s computer and the possibility of signing transactions after entering the PIN code are called “impractical”.…
Author: BlockchainJournal
Manufacturers of popular hardware wallets for storing Bitcoin and other cryptocurrencies Ledger and Trezor published official statements, which responded to the information that the researchers of wallet.fail allegedly managed to identify several attack vectors on their devices. For example, the French company Ledger stated that although the researchers indicated three attack vectors that give the impression that devices have critical vulnerabilities, this is not true. Yesterday, the https://t.co/qbY5avXAsw team held a meeting on the potential vulnerabilities of hardware wallets. While the attacks are shown Read more here: https://t.co/jqHnJVzeU9 – Ledger (@LedgerHQ) December 28, 2018 “They were unable to remove the…
The Russian division of the Huobi cryptocurrency exchange together with Vnesheconombank created the legal laboratory of the Huobi Legal Lab. Experts of Huobi Legal Lab will advise and provide legal support to companies implementing digital projects on blockchain technology . This was reported by Huobi Russia in the official Telegram channel. Experts of the laboratory Huobi Legal Lab will also provide legal support to companies in proceedings in the courts of the Russian Federation. “Our specialists at the Huobi Legal Lab center will help to correctly pack digital projects, ensure that digital assets do not violate existing legislation and comply…
The Financial Services Agency of Japan (FCA) has published a final report, which sets out the proposed rules for cryptocurrency service providers to follow. This writes Bitcoin.com . The rules relate to such areas as burglary incidents, cryptocurrency listing on exchanges, financial and price disclosures, margin trading and custodial services. The report is based on last week’s meeting of a working group on the study of cryptocurrencies, and details the requirements “as a precondition for a proper principle of responsibility”. In particular, the Agency expects cryptographic service providers to follow these rules either on their own or under the guidance…
Throughout 2018, we only heard about the “bearish” Bitcoin market. Perhaps not everyone fully understands what a “bearish” market is and how to identify it. It is also important to be able to determine when it will end. This material will be for you a practical guide that will allow you to navigate in the conditions of the bearish bitcoin market and choose the right moment for investment. What is a bitcoin bear market? The definitions of a bear market may vary depending on their authorship, but it is important to understand how this works further. Here are some of…
Some crypto experts and enthusiasts believe that the behavior of the traditional stock market has a correlation with the price of Bitcoin. However, Anthony Pompiano, head of the Morgan Creek Digital Asset, believes that these two markets have no correlation. In an interview with CNBC, Pompiano said the following: If you look at the correlation between digital assets and the S & P 500 over the last 180 days, it will be zero. If you look at the correlation with the dollar index, it is also close to zero. Markets were not correlated, and I expect that this will…
On December 28, at 15:30 UTC, the price of the first cryptocurrency began to grow rapidly and in just an hour reached $ 3,915.5 at Bitstamp, thus rising almost 9%. At the moment, Bitcoin is trading at around $ 3,850. Bitstamp data At the same time, the flagship pulled the entire cryptocurrency market along with it. Thus, the top ten rankings of CoinMarketCap were in the green zone, and the recovery was headed by Litecoin and Ethereum. Crypto market capitalization $ 130.9 billion CoinMarketCap data Earlier, BlockchainJournal published a traditional weekly analysis of cryptocurrency prices. Subscribe to BlockchainJournal on Facebook…
Silver Miller, a law firm specializing in litigation in the cryptocurrency industry, filed a lawsuit against trader Jeremy Spence in a US federal court. The document says that Spence created the Coin Signals cryptocurrency pyramid. As stated in a press release, Spence attracted investments under his hedge funds, claiming that he is a professional trader. At the height of his Coin Signals, he allegedly managed $ 5 million. However, Silver Miller believes that Spence actually organized the classical financial pyramid, in which early investors received payments at the expense of later ones, and no hedge funds have ever existed. Note…
The Huobi Cryptocurrency Exchange is currently ranked third in the CoinMarketCap exchange rating, with sales of about $ 512 million per day. Today, representatives of the exchange said that the Huobi Derivative Market now supports altcoin EOS. Reportedly, traders will be able to open long and short positions on EOS. The decision to create a derivative contract is part of the "current efforts of the exchange to meet customer demand." According to a press release from the exchange, the contract will maintain price limits, limit orders and position limits with leverage up to 20x. EOS trading fees in the…
Mixed Martial Arts Association Cryptocurrency team Litecoin decided to promote cryptocurrency through sponsorship with the leading global organization in mixed martial arts – Ultimate Fighting Championship (UFC). The Litecoin Foundation will sponsor events organized by the Ultimate Fighting Championship (UFC) Combat Association in mixed martial arts. This is stated in the message of the company and it is noted that next Saturday, December 29, the duel will take place between the UFC light heavyweight fighters – John Johnson (Jon Jones) and Alexander Gustafsson. Sam duel will be held in California. The Litecoin Foundation recalls that it regularly participates in various…