An Ethereum (ETH) wallet known as “Shitcoin Wallet” is reportedly injecting malicious javascript code from open browser windows to steal data from its users. On Dec. 30, cybersecurity and anti-phishing expert Harry Denley warned about the potential breach in a tweet: – Source Twitter According to Denley’s tweet, Chrome browser crypto wallet software Shitcoin Wallet is targeting Binance, MyEtherWallet and other well-known websites containing users’ passwords and private keys to cryptocurrency. The Shitcoin Wallet Chrome extension – ExtensionID: ckkgmccefffnbbalkmbbgebbojjogffn – works by downloading a number of javascript files from a remote server. The code then searches for open browser windows …

Digital currency management company BitGo has told users to move or convert funds they hold in altcoin Bitcoin SV (BSV) due to a compatibility problem. In a blog post on Dec. 18, BitGo said BSV’s upcoming hard fork, known as Genesis, contained a protocol change which would mean its wallets will be unable to receive transactions. BitGo warns of BSV “deprecation” The hard fork is set to occur in February 2020. After that time, BitGo users will only be able to spend remaining BSV tokens, not accept incoming transactions. Describing the event as “deprecation,” the company advised users to move …

PayPal is suing the Consumer Financial Protection Bureau (CFPB) for requiring the firm to make “misleading and confusing” disclosures about its fees. The digital payments giant filed a lawsuit against the CFPB on Dec. 11, arguing that the agency has ignored critical differences between digital wallets and prepaid products like prepaid debit cards (GPR). CFPB makes PayPal provide disclosures about fees that it doesn’t charge, the suit says According to a Dec. 11 court filing seen by Cointelegraph, the CFPB mandates that digital wallets and GPR cards should be regulated the same way, which allegedly resulted in a “fundamentally ill-suited” …

Space-as-a-service-focused blockchain startup SpaceChain has sent its hardware wallet technology to the International Space Station (ISS). As part of the CRS-19 commercial resupply service mission, a SpaceX Falcon 9 rocket is delivering SpaceChain’s hardware wallet technology to the ISS, according to a Dec. 6 press release. The move purportedly marks the first tech demonstration of blockchain hardware on the ISS and the third blockchain payload by SpaceChain over the past two years. Acceleration of space-as-a-service adoption The technology will then be installed on the commercial platform on Station provided by commercial utilization of space firm Nanoracks. The initiative is set …

Hardware wallet manufacturer Ledger has hired Charles Guillemet as chief technology officer (CTO) where he will oversee the company’s security operations. In a press release shared with Cointelegraph on Dec. 5, Ledger said that Guillemet has been in charge of the company's security assessments for Ledger’s products ever since he started working at the firm in 2017. Guillemet also founded the company’s security department and evaluation lab, has assessed the security of competitor devices, and has disclosed vulnerabilities that contributed to the security throughout the blockchain ecosystem. Guillemet commented on his new position: “Throughout my time at Ledger I have …

A new wallet aims to broaden the adoption of Bitcoin (BTC) and cryptocurrencies but making their addresses easier to remember. The service, dubbed Easypaysy, is the product of Spanish developer José Femenías Cañuelo and launched on Dec. 1. Dev: BTC addresses “not for humans” Cañuelo was irked by the complex nature of Bitcoin addresses, which are random collections of letters and numbers that are all but impossible to memorize. In the official introduction to Easypaysy, he described Bitcoin’s user experience, or UX, as “terrible.” “Bitcoin addresses are really not meant for humans. Nobody should be forced to make or receive …

Disclaimer: Following reports that the card release news was false, Cointelegraph contacted SoftBank, which confirmed that the news was incorrect. SoftBank said that it is still trying to find out who made the announcement and how. Japanese holding company SoftBank has introduced a new debit card featuring a built-in cryptocurrency wallet. According to a press release on Dec. 1, SoftBank developed a debit card featuring a built-in blockchain wallet in collaboration with United States-based wallet card developer Dynamics. The new product is called SBC Wallet Cards and can be used as a traditional debit card or blockchain wallet. Crypto storage …

Blockchain researchers at online brokerage eToro have argued that Facebook should look to support third-party stablecoins, not Libra. According to a Nov. 28 report from Finextra, eToro’s blockchain research unit eToroX Labs believes that while Facebook’s crypto project offers a “trailblazing opportunity” to disrupt financial services worldwide, the social media giant needs to change its strategy to assure success. Facebook should focus on wallet infrastructure Distrust and forceful opposition have plagued Facebook’s project since its inception — prompting American politicians to recast Libra derisively as “ZuckBucks.” Yet eToroX Labs’ researchers argue that there is still something to fight for in …

A Bitcoin (BTC) investor has allegedly lost access to funds worth over $12.9 million after failing to record the passphrase for their wallet. In what may become the latest timely lesson for the wider Bitcoin user base, Reddit account u/lumanubrecon claimed that as of Nov. 26, their balance of 1,800 BTC was out of reach. Brain wallet woes The user said the coins were originally stored in a so-called “brain wallet” in 2016. When attempting to recover the wallet using the passphrase generated at the time, however, the wallet does not unlock. A brain wallet is a form of Bitcoin …

Cryptocurrency institutional investors overwhelmingly keep their wealth on exchanges despite the inherent security risks, new data claims. Compiled by cryptocurrency exchange Binance on Nov. 22, a survey asked 76 institutional investors who used its platform about their trading habits. Exchange storage “most popular choice” The survey was part of Binance’s Institutional Market Insights research, which is now in its second edition. Among the most surprising results was that 92% of participants chose to keep their crypto — Bitcoin (BTC), stablecoins and others — with trusted third parties, and not under their own control. The figure dwarfs much safer alternatives such …

Tech investment company Cypherpunk Holdings has completed an equity investment worth $337,500 in zkSNACKs, the firm behind privacy-focused cryptocurrency wallet Wasabi. Cypherpunk announced the news in a Nov. 21 press release, specifying that it thus acquired a 4.5% stake in zkSnacks. With the acquisition, Cypherpunk’s chief investment officer Moe Adham became a member of zkSnacks' board of directors. Cypherpunk’s president and CEO, Dominic Frisby, said: "It's taken a lot of work and several months to get this deal over the line, so I would like to both thank and congratulate everyone involved. We have been most impressed with the Wasabi …

The Tor Project, the nonprofit organization behind the anonymous network Tor, announced that it now accepts Bitcoin (BTC) donations via the Lightning Network. The organization announced on Nov. 19 that it will accept Lightning Network donations as part of Bitcoin Tuesday, a fundraising initiative led by the crypto-for-charity organization The Giving Block. Tor recommended the BottlePay wallet for donations, which allows users to search for The Tor Project inside it and send crypto without copying and pasting addresses. The Lightning Network is a layer-2 payment protocol for the Bitcoin network that aims to expedite payments and address the network’s scalability …