Update Your Wallet!
Trezor firmware update covers potential exploits.
Please update the firmware on your Trezor wallets if you have not already. If you use a hardware wallet of any brand, it is important to keep it updated to the latest version to reduce exposure to exploits.
Fortunately, no hacks have been reported. But, for the curious, Trezor points out three conditions for an attack:
- The hacker would have needed physical access to the device.
- The hacker would need specialized hardware connected to the device.
- Those who use passphrases to protect their wallets would have been unaffected (unless they disclosed their passphrase to the perpetrator).
The Week in Crypto
An inspection of Bitcoin ‘Whales’.
Who are they? In what way will they affect the network in 2019?
Canadian Revenue Agency targets Bitcoin users.
Click for the highlights of their extensive questionaire.
Leading Chinese ASIC mining developer going under?
Lawsuits, selling at a loss, supplier chaos — the chips fall for Bitmain.
Fidelity quietly launches Digital Asset services.
Cryptocurrency prices over the last year “haven’t had an impact.”
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BTC 6 Month Chart
(Coindesk)
Today — 5042.55 CAD
One week ago — 4860.25 CAD
One month ago — 4710.03 CAD
Six months ago — 8225.54 CAD
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Listen to This
Chris Belcher, Bitcoin Privacy expert joins Stephan Livera to explain the ways you can be ‘deanonymised’, useful countermeasures you can take, and general principles of Bitcoin Privacy.
Click to listen Length: 58m14s
A Deeper Look
Erik Voorhees responds to a crypto ban proposed by the head of the Finance Committee of France’s National Assembly.
The original report contains a glimpse into the long-range thinking of the French committee:
“It would also have been appropriate to propose a ban on the dissemination and trade in [cryptocurrencies built] to ensure complete anonymity by preventing any identification procedure by design.”
Lurking behind a phrase as benign as ‘identification procedure’ is a vast machinery of domination. The power to crawl through one’s private history, particularly when accessible to the political class, creates a rational need for preventive self-protection. Even legal transactions made by private citizens can be used in bad faith, turned into tools of exploitation against good people.
We’ll continue to do everything in our power to help you and your business remain yours, and no one else’s.
