Tag Archives: ledger

Gemini crypto exchange was founded by Tyler and Cameron Winklevoss. The company has announced that it has set up its in-house insurance company Nakamoto Limited that will protect its clients against any probable loss of coins stored in its offline vaults. Reportedly, the company has offered a possibly record-breaking $200 million coverage limit for Gemini Custody.Announced on January 16, the captive insurer will cover customers of the crypto cold storage service operated by Gemini Trust...

The experts found an easy way of extracting the SEED mnemonic keyphrase. They require physical access to the wallet, for no more than 15 minutes. The attack uses voltage glitching to record a SEED phrase, using special hardware. This can be successful if performed by a well-prepared person. Some estimations even claim anyone can create such a glitching recording device for $75.Using such machines, hackers can not only intercept your encrypted SEED from a KeepKey. They can also decrypt it,...

Top electronic payments gateway provider Simplex has added the Japanese Yen (JPY) and the Canadian Dollar (CAD) to its platform for fiat conversions. Sources indicate that the top payment gateway for many of the top cryptocurrency exchanges indicated this today.  Simplex is a fiat payments partner for many of the top cryptocurrency exchanges which include Binance, Huobi, Poloniex, OKCoin, KuCoin, Xapo, Ledger and Abra.“We’re not handling crypto directly ourselves but rather enable our...

First of all, Happy Thanksgiving y’all. Be thankful for your life, your family and, hopefully, your wallets. Hope you had a nice dinner and it prepared you for the Christmas holidays.  However, today is Black Friday and even though it should remind us on the awful things done to the slaves in the U.S. back in time, it should remind us that, except this should never happen again, we could use this date to do something good – for someone, or for us (‘cause you have to love yourself,...

Black Friday und Weihnachten 2019 bei bitConsult Es existieren mehrere Geschichten rund um die Tradition des Black Fridays und deren Ursprung. Sie scheint aber mit Thanksgiving und der damals vorherrschenden Depression um 1930 in Amerika zu tun zu haben. Händler nutzten den Tag, um die Depression etwas abzuschwächen. Heutzutage nutzen viele Konsumenten diesen Brückentag, um ihre Weihnachtseinkäufe zu tätigen. Doch warum heisst es genau...

A global leader in securing crypto assets and one of the most popular hardware wallets Ledger has decided to lure investors to custody their digital assets using its wallet. To achieve this goal, Ledger has partnered with a famous insurance broker Marsh that will help in securing insurance.Marsh has already arranged a $150 million insurance policy from Lloyd’s through Arch, its London-based syndicate. This sum will be used to custody various types of cryptocurrencies for users of the Ledger...