Let’s explore the differences between BIP-39 and the new Shamir backup offered on the Trezor Safe 3 & 5 models. Trezor now defaults to the Shamir Backup Scheme in its “Trezor Safe”
Drawing from my experience assisting thousands of customers through WalletRecovery.info, I’ve identified the most frequent scenarios under which individuals lose their crypto stored in hardware wallets.
Looking to reduce fees on your upcoming Bitcoin transaction? Consider these strategies: Timing is Key: Bitcoin fees are notoriously variable, ranging from $1 in October
Bitcoin is NOT “backed by nothing.” The value of Bitcoin is supported by the utility of the Bitcoin network. Here’s how: What gives gold its
Since I started helping people recover their crypto wallets in 2017, my most common reply has been “if your crypto is stolen, there is nothing
Here is the actual command I used to recover a recent wallet. The recovery took about a week on an Nvidia RTX 3060 graphics card.
1: Jailbreak the iPhone A “jailbreak” (or “root” for Android devices) means gaining super-user permissions on your iPhone. These permissions allow apps to escape the
(If you’re a victim of a crypto scam, read this first.) My survey of 2500+ crypto scam victims identified some key signs that a crypto
2021 has been another bull market for cryptocurrencies. Unsurprisingly, billions of dollars flowing into an unregulated market have attracted plenty of scammers too. Besides the
Are you sitting on cash because it is “safe?” It isn’t. Your USD savings are losing 7 to 15% in value every year. That isn’t
Yesterday, BadgerDAO users had $120 million stolen because the platform was hacked. The current theory is that the hackers injected malicious scripts using Cloudflare. These
Sometimes it’s obvious that a scheme is a scam. In other cases, it’s a grey area. For example, are copycat coins, pyramid schemes, and vaporware
Multibit was one of the better Bitcoin wallets between 2011-2016. However, in 2019, both Multibit Classic and Multibit HD have been abandoned by its owner Keepkey
Original posted at The Bitcoin Consultancy Buy And Hold Your Entire Crypto Portfolio In Bitcoin The only guaranteed way to avoid falling for a crypto
Original posted at The Bitcoin Consultancy If you can imagine a way to lose money in crypto, I’ve heard it. Since 2017, I’ve heard from thousands
If Bitcoin and other cryptocurrencies were to disappear tomorrow, what legacy would they leave behind? I can think of three main impacts: First, Bitcoin raised
I needed to perform this operation because I had a Trezor Model T with a lost recovery seed and a bad display. When I plugged
Every day, I get 10+ Bitcoin wallets that someone “forgot” the password to. Some are worth a few Bitcoin while some have 100,000 (or more!)
This article by “Crypto Anonymous” claims that Tether will bring a crypto “doomsday.” The author makes many good points in building his case, yet the
Billions of dollars in Bitcoin are stolen every year. If you’re a victim of Bitcoin theft or a scam, read this article first. I will
I’ve seen people lose their Bitcoin in every way imaginable, and I want to help you avoid the most common mistakes. Are you thinking long-term?
Rejected transactions are disappointing, but it’s better than the alternative: having your transactions in limbo for weeks, or thinking that your transaction was accepted when
There are valid reasons to criticize Bitcoin, but price volatility is not one of them. Why does the price of Bitcoin change so much from
Here are the five most common cryptocurrency scams my customers ask my help with: 1: Fake trading services: cryptocurrency trading services that promise quick returns.
Here is how our Bitcoin wallet recovery process works: The process we follow depends on which of the below scenarios describes your situation: Forgotten password
Here is a quick guide to storing, transporting, and spending your Bitcoin: Keep It Safe There are many ways to lose your Bitcoin, but the
This post discusses the methods for recovering a deleted or corrupt Bitcoin Core Wallet. Many other currencies, such as Bitcoin Cash, Litecoin, Dogecoins and more
The following links may help you solve problems with popular wallets on your own: Desktop Wallets JAXX: https://decentral.zendesk.com/hc/en-us KeepKey: https://support.keepkey.com/support/solutions Ledger Nano S: https://ledger.zendesk.com/hc/en-us Multibit: https://multibit.org/help/hd0.4/contents.html Trezor: https://trezor.io/support/ Bitcoin Core
Jeffrey Tucker is Director of Content for the Foundation for Economic Education. He is a managing partner of Vellum Capital, the founder of Liberty.me, Distinguished Honorary Member of Mises
Your security practices should be both comprehensive enough to keep you safe without being so complicated that you will be locked out or be tempted
“David Veksler is a real hero in my life. A few years ago I bought a few bitcoin, just for fun. At the time I
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