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Tag Archives: satochip

Binance CEO Shares Thoughts on Privacy, Exchanges and Law Trickery

The news recently got a splash because of the Twitter user reporting transaction censorship. Binance Singapore froze his money because he was sending them to a Wasabi Wallet.CZ Answers on Espionage Allegations by Twitter CrowdsChangpeng pointed out that there are lots of comments on Twitter under the post about a frozen payment. It shows that people still do not understand how the exchange regulation works, while its a broad topic. In terms of AML procedures, the exchange is obliged to...

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Kraken Cracked KeepKey Hardware Wallet, Extracted Seed Mnemonic Phrase

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,...

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