Name and phone number might be enough to steal Bitcoins
Researchers from Positive Technologies have recently reported about a way to compromise Google accounts using only phone number and name. Once the account is hacked, cyber criminals are able to use it to gain access to victim’s Bitcoin and bank accounts. Hackers have such opportunity due to a vulnerability in global telecom network. The flaw affects what is called Signaling System №7 (SS7). ...
Mass exodus from Coinbase: who will benefit from it?
Last week, one of the most popular and high-rated Bitcoin platforms, Coinbase, has announced that it won’t be supporting the new post-hard-fork coins: Bitcoin Cash (BCC). As a result, a lot of users are transferring their funds to external wallets. Read on to find out what their choice is based on and what consequences it may lead to. H-hour is coming User activated hard fork (UAHF) will go ...
Coinbase chose not to support UAHF
August 1st is, without any doubt, a momentous day in history of cryptocurrencies. Bitcoin community is anticipating two major events aiming to fix the scaling issue. If you haven’t ensured your Bitcoins safety yet, this is the best time to do so. Check out our practical recommendations that will help you avoid possible confusion during upcoming events. In case you are one of many users all o...
Litecoin: Silver to Bitcoin’s gold
Bitcoin was founded in 2009 and it is, without doubt, the most recognized cryptocurrency in the world. However, Satoshi Nakamoto’s brainchild isn’t the only digital currency that is popular among investors and crypto enthusiasts. With time, Bitcoin transactions started taking longer due to a huge backlog of transactions, which leads to higher fees. Ever since then, many people have bec...
Best Bitcoin brokers, part 2: Coinbase
In our previous review we have recommended the simple yet multifunctional online brokerage platform Cubits. Today we’d like to introduce Coinbase, the heavyweight of the Bitcoin brokers. General overview In 2015, the company managed to attract venture investors. Their $75mil funding allowed Coinbase to leave the competitors far behind. The platform positions itself as the leader among Bitcoi...