• In a new study by Cambridge University, user data is routinely retrievable from secondhand Android devices that have been wiped through a factory reset. Most Android devices offer no way of easily deleting user data such as access tokens, messages, images, and other content. The problem doesn’t affect only a small percentage of Android users, it affects an estimated 500 million Android devices, this poses a problem for companies that resell used Android devices. In

    User Data, Including Full Bitcoin Wallet Access, Retrievable From Secondhand Android Phones

    | 2015/05/25 8:00 pm
  • Security remains a key issue for any Bitcoin-related companies, especially those who try to unite this disruptive technology with the existing financial infrastructure. Multi-signature security implementations are on the rise, and Bitcoin Debit Card provider E-Coin has recently partnered with BitGo in order to further secure their platform. Also read:E-coin Takes Bitcoin Debit Cards To A New Level E-Coin – One of the Leading Bitcoin Debit Card Providers One way of making Bitcoin more accessible

    Bitcoin Debit Card Issuer E-Coin Partners With BitGo

    | 2015/05/22 3:00 pm
  • VeraCrypt, free disk encryption software bought from IDRIX, is now accepting Bitcoin donations. Based on TrueCrypt, VeraCrypt adds enhanced security to the algorithms used for system and partition encryption, which supposedly makes it immune to new developments in brute-force attacks. VeraCrypt decided to accept Bitcoin donations upon request from members of the Bitcoin community. Also Read: SendChat Tightens Bitcoin Security With BlockTrail Partnership is a source-available freeware utility used for on-the-fly encryption (OTFE) to create

    VeraCrypt, The TrueCrypt Replacement Now Accepting Bitcoin Donations

    | 2015/05/21 7:00 pm
  • Imagine a digital form of identity and access control that can replace passwords, forms of physical identification like passports and driver’s licenses and how this can bring about a lot of changes. This has now been made possible as blockchain startup Onename has launched its new product Passcard. Also read: “Indestructable” Cryptosteel Wallet Gets a Redesign Passcard uses a blockchain-tied profile to create a secure and “trustless” identity and according to the company, is a

    Blockchain Startup Onename Launches Passcard

    | 2015/05/16 8:00 am
  • On May 7, 2015, Cryptosteel and SatoshiLabs announced their new partnership and redesign of the Cryptosteel cold wallet. Cryptosteel is an “indestructible” offline key storage system for digital currencies such as bitcoin. Cryptosteel, originally designed by Wojciech Stopinski, was created to make using and storing bitcoin safer. Made of lightweight stainless steel, this cold wallet is advertised as fireproof, acid­-resistant, and uncrushable.  Also Read: Coinprism is now Trezor Compatible Disclaimer: Bitcoinist is not affiliated with SatoshiLabs or Cryptosteel, and

    “Indestructable” Cryptosteel Wallet Gets a Redesign

    | 2015/05/15 7:00 pm
  • Polychemy, a fashion technology company, is rolling out its unique Bitcoin necklaces. Users can engrave their Bitcoin addresses directly onto the necklaces and use them to transfer funds without a mobile phone. Also read: Bitcoin to Play a Key Role in Denmark’s Cash-Free Economy? The elegantly designed Polychemy Bitcoin necklace will also help users keep their wallets safe & close to their hearts. They can store any type of data including names, messages, and URLs. The necklaces can

    Polychemy’s Necklaces Transfer Bitcoin Without Phones

    | 2015/05/12 7:00 pm
  • New startup ShoCard is building a digital identity system that encrypts and embeds sensitive information onto the bitcoin blockchain, removing the risk of a third party losing that data. The company is still in its early stages, but founders say they’re already in talks with financial institutions to start implementing ShoCard as verification for online purchases. Also Read: Blockchain Apparatus Launches a New Trusted Will System ShoCard was presented this week at the TechCrunch Disrupt

    ShoCard Embeds Your Identity in the Bitcoin Blockchain

    | 2015/05/09 7:00 pm
  •  Crypto Vault, a company that focuses on cold storage for cryptocurrencies, has created “Vault Coin,” made with nickel-copper alloy with high heat resistance. Each of these coins are numbered individually so it is easy to keep track of what currency is being stored on what coin and adds a small bit of collector value. Also read: SendChat Tightens Bitcoin Security With BlockTrail Partnership In an interview with Bitcoinist, Kyle O’Brien, a founder of the company, said

    Crypto Vault Creates Fire-Resistant “Vault Coin”

    | 2015/05/08 3:00 pm
  • Blockchain.info. Surely you’ve heard of it. It’s one of the more original and long-standing organizations in the Bitcoin space; one that has had its share of negative, and positive press — an issue faced by many others in the space, too. Also read: The Future of Blockchain.info Trusting companies in the Bitcoin industry can be difficult. The constant fear of over-regulation, exchanges going belly up, internal employee theft risk, the external risk of hacks/exploits — who

    BitcoinSF: Interview with Kristov Atlas of Blockchain.info

    | 2015/05/08 4:42 am
  • News powered by Bitcoinist.net Article by Drew Cordell As a continuation of my Blockchain series, I will be covering the potential of the blockchain for the purpose of voting reformation. In order to properly cover sidechains, I need to continue to dig into the knowledge base regarding the technology to learn more about the technology before I write about it. Sidechains are a revolutionary idea for Bitcoin, and it deserves to be reported well. In this part

    All About: The Blockchain Part Four

    | 2015/05/07 3:00 pm
  • Security has always been a big concern for the crypto currency industry. Since its emergence security has always been a very important issue, too big for businesses and entrepreneurs to ignore. The growing need for increased security led to the development of enhanced applications like 2FA to guarantee complete security for companies trying to act in the crypto currency ecosystem.

    Clef’s Success Story: Protecting the Factom Token Sale

    | 2015/05/01 7:00 pm
  • BitGo, a company known for its expertise in Bitcoin security, has recently announced a partnership with TradeBlock, an online cryptocurrency data provider. Bitgo offers many products such as BitGo Enterprise — an enterprise-grade, multi-sig, multi-user bitcoin wallet — and BitGo Platform API, a robust set of tools and services to access the underlying platform. Also read: ShapeShift.io Adds Tether USD To Its Instant Exchange Traders use Tradeblock to receive detailed information about current trading environments. Miners can

    BitGo Partners With TradeBlock for Seamless Bitcoin Trading Infrastructure

    | 2015/05/01 8:00 am
  • Server security is an important issue for internet hosting, and many companies turn to dedicated server suppliers for secure hosting. MaxiDed aims to provide ideal solutions to clients looking for server hosting, listing thousands of server configurations and offering customer service in English and Russian.   Also read: Robocoin’s “Romit” Software Tackles Remittance Markets Serves in 72 Countries with More Than 400 Technical Experts The company was founded in 2007; since then it has expanded its

    MaxiDed Accepts Bitcoin in Over 72 Countries

    | 2015/05/01 6:00 am
  • Here is Bitcoinist’s day 3 coverage of the Inside Bitcoins New York conference! Also read: Inside Bitcoins New York Day 2: Afternoon and Evening Solving Real Business Problems with the Blockchain Peter Kirby, President of Factom, opened day 3 of Inside Bitcoins New York with his lecture on using blockchain technology to solve real business problems. Factom, Kirby’s blockchain project, builds on top of the Bitcoin blockchain — much like how many useful applications are built on top of the

    Inside Bitcoins New York Day 3: Morning and Noon

    | 2015/04/29 9:01 pm
  • Overstock has filed a prospectus with the SEC (the Securities and Exchange Commission) and asked permission to issue up to $500 million in stock that is controlled by a Bitcoin-like network. The new concept may transform the way the traditional stock market is perceived. However, permission is still awaited from the SEC. Also read: Interview With Overstock CEO, Patrick Byrne The filing to the SEC reads: “We may decide to offer securities as digital securities…the ownership

    Overstock Wants to Issue $500 M in Bitcoin-Like Stocks

    | 2015/04/29 8:00 am
  • Here is Bitcoinist’s coverage of the afternoon and evening sessions of the Inside Bitcoins day 2 coverage! Also read: Inside Bitcoins NYC Presentation Day 1 (Morning till Noon) DigitalFX: A New Asset Class for Investors After the lunch break, Brian Kelly, contributor for CNBC’s Fast Money,  Founder and Managing Member of Brian Kelly Capital LLC, and author of The Bitcoin Big Bang, took take the stage to talk about investing in Bitcoin and start-ups in the Bitcoin world. According

    Inside Bitcoins New York Day 2: Afternoon and Evening

    | 2015/04/29 4:29 am
  • Whenever I go to a conference, I always write an “expectations” article. In those articles, I pick out a couple of interesting speakers and panels that I want to hear. This year’s Inside Bitcoins New York conference is held at the Javits centre. The conference will be a three day event, starting at 12:00 PM EST on April 27th and ending at 5 PM on the 29th. Also read: Barry Silbert to Speak at Inside Bitcoins New York Let us

    Expectations For Inside Bitcoins NY

    | 2015/04/27 3:00 pm
  • Bitcoin mining centralization has been a point of concern in the community for a while now. People are worried that the growing size of mining firms will continue until one of them attains 51% or more of the network’s hashing power. Although a firm holding the majority of the hashing power would not inherently compromise the network, it would certainly centralize the creation of bitcoin and the confirmation of transactions. Such centralization opens the door

    The Economics of Bitcoin Mining Centralization

    | 2015/04/20 5:00 pm
  • Bitcoin continued to decline from the $240s earlier this week, hitting a floor at around $220. The price is currently retesting new levels between $220 and $230, but that seems to be a losing battle with the price still trending downwards. Also read: Bitcoin Market Wrap Up: 4/5-4/15: BTC, LTC, and Dash Down, Crave Cut Short Volume has also been quite low this week, reaching slightly over $15 million for today’s 24 hour trading volume. This

    Bitcoin Market Wrap Up 4/12 – 4/19: Market Patterns Continue, Crave Bounces Back

    | 2015/04/20 8:00 am
  • Singapore-based Interpol Global Complex for Innovation (IGCI) is developing its own cryptocurrency. The purpose of this project is to help personnel gain a first-hand understanding of what cryptocurrency is and how it is being used for cyber crime. The IGCI houses the international police’s first digital crime centre and cybercrime research and development capabilities. Also read: Kaspersky and INTERPOL Say Blockchain is Vulnerable Dr. Madan Mohan Oberoi announced this project, among others, at the “Interpol World” conference

    Interpol Creates its Own Cryptocurrency to Fight Virtual Currency Crime

    | 2015/04/19 3:45 am
  • Coinify, the company that allows merchants to accept Bitcoin payments in next-day settlements, has entered into a partnership with PensoPay. PensoPay a service that enables free, instant settlements in a fraud-free and chargeback free Bitcoin payment environment.As a result of this partnership, PensoPay has become a Coinify Certified PSP Partner.  Also Read: vibist In a press release, Coinify, announced, “Effective as of March 15, 2015, the agreement entitles PensoPay the right to promote, advertise, and sell the

    Coinify Signs PSP Partner Agreement with PensoPay, Helps Merchants Accept Bitcoin Payments

    | 2015/04/18 7:00 pm
  • I had an opportunity to review a Ledger Nano hardware wallet. The wallet itself, which sells (with shipping) for about $51, features unique software paired with a physical USB stick. The wallet cannot be opened if the USB isn’t plugged in, making it so that a thief would need physical access to even attempt to gain control of your funds. The ledger wallet is locked with a pin code, enter it wrong three times and

    Review: Ledger Wallet, Secure Bitcoin Hardware Wallet

    | 2015/04/13 2:00 pm