Security Researchers Reveal Wallet Vulnerabilities On Stage at 35C3

In a demonstration titled “Wallet.fail,” a team of security researchers hacked into the Trezor One, Ledger Blue and Ledger Nano S. Unfortunately, it appears as if their findings were first put on display at the 35th Chaos Communication Congress (35C3) in Leipzig, Germany, rather than through accepted Responsible Disclosure practices, which would have allowed the […]

Bitcoin News Summary – December 31, 2018

The post Bitcoin News Summary – December 31, 2018 appeared first on 99 Bitcoins. Here’s what happened this week in Bitcoin in 99 seconds.    Before we begin, an important update for Electrum users. If when broadcasting a transaction, you receive an error message about a security update, disregard it, this is a phishing […]

UBS Director Blames Trump White House for Dow Jones Sell-Off

Art Cashin, managing director of trading floor operations for investment firm UBS Financial Services, has firmly blamed United States President Donald Trump for the stock market volatility that caused the recent Dow Jones Industrial Average sell-off. Veteran stock market trader Cashin blamed the latest government shutdown and Trump’s attacks on the Federal Reserve for the […]

Bitcoin Is The Answer: Paypal Bans Cybersecurity News Outlet

To many, Bitcoin is a censorship-resistant, decentralized, immutable, and borderless transactional tool that transcends centralized boundaries. But for many Westerners, these inherent features aren’t something that’s all too useful in day-to-day life. However, with the rise of Internet censorship and anti-“radical” narratives, some believe that the need for decentralized mediums of value and information cannot come […]

Expert: How Bitcoin Can Help 4 Billion People in Authoritarian Countries

Bitcoin can help 4 billion people around the world living in authoritarian countries, according to a new essay from Human Rights Foundation Chief Strategy Officer Alex Gladstein. And there are few countries as receptive to cryptocurrencies as Venezuela. In fact, take a look at information from Localbitcoins, and you’ll see citizens of this impoverished Latin […]

Bitcoin Price Rally Loses Steam Near $4,000 – Will Bulls Wake in 2019?

The Bitcoin price has spent the first day of this weekend struggling to get through the $4,000 mark. The digital currency attempted a bullish reversal on Friday, marking more than $300 worth of gains in just two hours. That hasn’t exactly changed any longer-term sentiments for the market, especially when it has dropped by more […]

Huobi Chain Releases Whitepaper Amid “Crypto Winter”

While 2018 has undoubtedly slowed the crypto industry’s progress, a number of startups have forged ahead in their development efforts. And just weeks after Binance released a sneak peek of its in-house blockchain, which is currently centered around a low fee, near-instant, and scalable decentralized exchange, so has Huobi. Related Reading: Zhao: Binance Chain to Be Ready in “Months,” […]

Crypto Tidbits: Bitcoin Stolen From Electrum Users, Litecoin Sponsors UFC

While the holiday spirit was in full swing over the past week, the crypto industry maintained its unrelenting drive for growth and adoption. The Litecoin Foundation divulged a sponsorship with the UFC, while Bitcoin’s Lightning Network continued to swell. However, it hasn’t been all sunshine and rainbows, as the Electrum Wallet came under attack, while […]