Crypto News 

SatoshiLabs Rolls Out Bitcoin-Only Firmware for Trezor Wallets

“SatoshiLabs, the Prague-based manufacturer of hardware cryptocurrency wallets Trezor, released a beta version of its new firmware that supports Bitcoin (BTC) exclusively” writes Liam Frost for cointelegraph.com. Every Bitcoin maximalist can now enjoy the Wallet interface with nothing else but Bitcoin.” Per the announcement, to install the new firmware, users will require Trezor Model T (version 2.1.0 or newer) or Trezor One, access to Trezor Beta Wallet or trezorctl, and a correct firmware installation file.As Cointelegraph reported on March 11, Trezor’s direct competitor — major hardware crypto wallets manufacturer Ledger…

Read More
Crypto News 

Trezor Founder Speaks on How to Prevent Another QuadrigaCX Case

“Recently, Finance Magnates spoke to Alena Vranova, cryptocurrency security expert and head of strategy at personal security cryptocurrency company Casa” writes Rachel Mcintosh for financemagnates.com. Previous to her position at Casa, Alena was one of the founders of cryptocurrency hardware wallet manufacturer Trezor.Although a hack didn’t take place, the exchange’s poor security practices led to the loss of millions of dollars’ worth of cryptocurrency.This is why the Casa security system is ‘multi-sig’: accessing the cryptocurrency requires authentication from several different sources. “There’s a total of five keys in the ‘key…

Read More
News 

Research Team Demonstrates Hard Wallets Vulnerabilities, Trezor Promises Firmware Update

“Moreover, also in August, a group of researchers declared to have successfully sent signed transactions from the BitFi wallet, claiming to meet the conditions of the bounty program” writes Adrian Zmudzinski for cointelegraph.com. During the conference, the researchers announced that they have been able to extract the private key out of a Trezor One hardware wallet after flashing — overwriting existing data — a custom firmware.Moreover, the same group of hacker researchers also claimed during the talk that they were able to install any firmware on a Ledger Nano S,…

Read More
Crypto News 

SatoshiLabs Warns About Fake Trezor One Wallets Being Sold Online

“SatoshiLabs is warning users about fake Trezor devices currently being sold on the internet It is not uncommon for existing technology products to be imitated” writes Jp Buntinx for livebitcoinnews.com. Hardware cryptocurrency wallets are becoming more popular.These fake Trezor One wallets can pose genuine security problems.It now seems cryptocurrency hardware wallets are added to this list.A cryptocurrency hardware wallet is designed for one specific purpose. Source: livebitcoinnews.com

Read More