Hardware Wallet News
A hardware wallet is a device where a user’s cryptocurrency wallet and private keys are stored. Cryptocurrency hardware wallets are considered to be more secure than software wallets, as they are immune to most viruses and have no need to interact with potentially-vulnerable software. There are no well-known and proven cases of funds being stolen from Bitcoin hardware wallets. However, hardware wallets for Bitcoin do not make its user invulnerable to frauds or thefts. Hardware wallets can be compromised with insecure random number generators that are often implemented into hardware wallets for security, with compromised shipping and production processes and imperfect usage of the device. Bitcoin hardware wallets are currently made by various companies such as Ledger, TREZOR and BitLox.
We explore the state-of-the-art in safe storage of cryptocurrency as debates sparked by Peter Schiff’s alleged loss of his funds continue.
How Not to Lose Your Coins in 2020: Alternative Recovery Methods
Evercoin launches Evercoin 2, a secure crypto wallet powered by YubiKey 5ci. How does it compare with Trezor and Ledger and will it really keep users safe?
With New Crypto Hardware Wallet, Evercoin Takes Aim at Trezor and Ledger
Trezor says they have no official resellers in Venezuela after Nicolas Maduro appeared on a state-run TV station with what appears to be the Trezor hardware Bit...
Venezuela President Maduro Touts Trezor Bitcoin Wallet on National TV
Following a giveaway announcement in September, Alistair Milne gives away Bitcoin instead of a $2,600 Denarium gold bar.
‘No Borders’ — Alistair Milne Sends Bitcoin Instead of $2.6K Gold Bar
Cryptosteel has launched its Cryptosteel Capsule, a physical backup device for the offline storage of Bitcoin private keys, passwords and wallet recovery seeds.
Cryptosteel Launches Physical Device for Private Key Backup Protection
BTCC veteran Bobby Lee claims the Chinese have always thought of Bitcoin as an investment rather than a payment system.
Bobby Lee: Chinese Always Saw Bitcoin as Investment, Not for Payments
Hardware wallets manufacturer Ledger announces that its cryptocurrency management software Ledger Live now supports over 1,250 Ethereum-based ERC-20 tokens.
Ledger Live Now Supports Over 1,250 Ethereum-Based ERC-20 Tokens