Posts and discussion tagged #cryptosecurity on DFace.
DFace NewsBTCPay, the Bitcoin payment software, is warning merchants to switch off servers running versions 2.4.1 and older. This comes after reports of attacks targeting a critical flaw, for which an emergency fix was shipped days ago.
How often do you check for security updates on your payment systems?
#btcpay #bitcoin #cryptosecurity #merchantalert
Source: Decrypt
DFace NewsTrezor has raised its password ceiling, citing the Coldcard wallet thefts from July. In those attacks, strong passphrases helped protect some users whose wallet recovery information was compromised. The change allows for longer passphrases. Why it matters: even when recovery data is exposed, a robust passphrase can act as a final layer of defense for crypto holdings.
How long do you usually mak…
Source: Cointelegraph
DFace NewsThe world's largest cryptocurrency exchange has suffered a theft of $6.3bn in digital assets, described as the largest heist in history. Experts point to North Korea as the likely culprit. Binance says it has frozen roughly $3bn of the affected funds and will cover all customer losses.
How much trust do you place in centralized exchanges versus holding your own crypto?
#cryptosecurity #…
Source: The Guardian
DFace NewsRecent security incidents involving hardware wallets have brought back the discussion on whether self-custody is appropriate for newcomers to crypto. Multisignature and seedless wallet designs, often promoted as safer alternatives, come with their own set of risks and complexities. For beginners, the trade-off between full control and user-friendliness remains a central challenge. This ongoing deb…
Source: Cointelegraph
