Private Keys news-Page 8
Bank Of America Adds Private Key Storage Filing to Stockpile of Blockchain Patents
Bank of America (BoA) has gained a further cryptocurrency-related patent, a filing confirmed Oct. 30, continuing its efforts to “be prepared” for the industry’s future growth. The latest award, which adds to the bank’s mounting stack of cryptocurrency and blockchain patents, references storage methods for private keys. Specifically, the filing reads, current opportunities for ensuring private keys remain untampered with are insufficient. “[W]hile many […] devices may provide for acquiring evidence of a security breach (i.e., physical or non-physical tampering with the device and/or the data), such devices do not provide for real-time response to such breaches, such that misappropriation …
Blockchain / Oct. 31, 2018
Crypto Wallets Security: Explained
My wallet has been hacked. Help! Since it’s already happened there is not much you can do. Imagine that you’re entering your wallet and seeing no coins and several transactions to unfamiliar addresses. That likely means you’ve been hacked. Due to the anonymous nature of cryptocurrency ‘ownership’ is determined by whoever holds the codes for it. So if it’s gone - in majority cases - it’s gone. You may track the address of the last wallet but it will give you nothing. Notify the company - it's possible you are not the only one - and review your wallet and …
Blockchain / July 15, 2018