Category: Private Keys

Fireblocks faces lawsuit over deleted keys to $72M Ether wallet

June 23, 2021

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The crypto-custody firm claims that it was the client’s responsibility to back up the private keys. 3136 Total views 6 Total shares Crypto-custody firm Fireblocks is facing legal action by a firm that claims it was locked out of its wallet containing a substantial amount in crypto assets. Crypto staking platform StakeHound claims that negligence […]

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Coinbase says it was not involved in the DOJ’s Bitcoin ransom seizure

June 9, 2021

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Coinbase CSO says ‘good ol’ fashioned police work’ landed the FBI the private keys. 6441 Total views 8 Total shares Coinbase’s Chief Security Officer has refuted suggestions the U.S. crypto exchange was involved in any seizure of crypto assets related to recent Colonial Pipeline ransomware attack. CSO Philip Martin took to Twitter on June 8 […]

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Avoid hosted crypto wallets ‘at all costs,’ warns Elon Musk

February 10, 2021

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One crypto wallet provider’s marketing interaction with Elon Musk has backfired with the Tesla CEO roundly criticizing the company. 22549 Total views 43 Total shares Freewallet, a hosted crypto wallet service known for offering standalone storage services for cryptocurrencies has seen its marketing attempt rebuffed by Elon Musk. Responding to Freewallet’s self-promotional message, Musk retorted: […]

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Law Decoded: The war of the wallets, 12/4–12/11

December 11, 2020

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Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law. Editor’s note Last week’s Law Decoded sounded the alarm on threats to self-custodial wallets in the U.S. in particular. While such concerns have continued to take shape, nothing concrete has emerged from the U.S. Treasury, which […]

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What happens to your Bitcoin when you die?

November 27, 2020

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As cryptocurrency investment becomes more and more popular, long-term investors are increasingly concerned with the uncomfortable question: What happens to your Bitcoin (BTC) when you die?  According to a 2020 study by the Cremation Institute, nearly 90% of crypto owners are worried about what will happen to their crypto after they pass away. Furthermore, despite […]

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