Privacy and security implications of the new MiCA rules in the European Union
Using a VPN should be standard practice, but still many do not use one. TrustZone is a pretty good and affordable one. Been using it for many years now.
Pls check out my review on Medium:
P2P buying and selling of #Bitcoin is the way to go.
But be careful, there is a lot of pitfalls.
Check my safety guide at the end of the blog post to stay safe in the P2P trading area...
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Bitcoin price prediction models compared.
Release two charts today featuring all popular price prediction models.
https://yawaia.com/bitcoin-price-prediction-charts.html#pricepredictions
One chart to rule them all!
Working on a chart to compare Stock-2-Flow, Stock-2-Income, Power Law and Rainbow. One chart goes 10 years, the other until 2050.
Also, I will include popular price predictions from people like Saylor and add them as data points.
Stay tuned.
If anyone is considering moving to Nicaragua, let me know. I do free orientation calls, it is a much better place than anyone believes.
Nicaragua
Where can I get such an "email"? Thanks!
Some intel about the Durov arrest from The Duran:
Some history:
- Durov refused to store info about Russians in Russia back in 17 and had a fall out within Russia gov, but did not cave. Russia gov also did not like the launch auf the TON coin that might become a competitor to the Rubel. Gov did not escalate.
- Durov moved to Dubai
- in 2020 he made a deal with Russia gov (about the storing of data, but not sure what the outcome was)
- TON coin has become number 9 coin and Telegram has huge plans to establish payment system
- very popular in Russia and about 1b users worldwide
- played/plays a crucial role in providing truth news about Ukraine war (that Ukraine is losing - the West still pretends to win)
The arrest:
- rumors say Durov came from Kazakstan and had an audience with Putin - possibly to discuss his return to Russia
- the arrest was publized only minutes before the landing in France
- rumors say the US is behind the arrest
- Russian embassy is trying to help Durov
Reason 1 for arrest:
- Telegram does not censor enough (it does censor already some stuff, but not everything the West wants to be censored)
Reason 2 or arrest:
- The integrated payment sysytem with TON coin is becoming to big and the West wants it removed
Source: https://t.me/thedurancom/15164
Follow the "Security Updates" tag in our forum to get notifications like these:
Twitter / X leaking your IP address during (video) calls - and how to fix the settings
https://askcrypto.expert/public/d/21-twitter-x-leaking-your-ip-address-during-video-calls
What about traveling with your seed phrase 👀
When traveling with your seed phrase, it's crucial to stay low-key and avoid using popular hardware wallets, as these are easily identifiable and can attract unwanted attention.
Some hardware wallets store the private key in full, making it possible for skilled professionals to extract the seed phrase if the device falls into the wrong hands. Additionally, border authorities or criminals might force you to reveal your PIN or password, putting your funds at risk.
Carrying a backup of your seed phrase in plain sight, whether on paper or steel, is highly risky. Your luggage could be stolen, or border agents could photograph the backup, compromising your security. Hiding the seed phrase in other items is also not advisable, and relying on memory alone is risky, as there's no guarantee you'll recall the phrase accurately.
A safer approach is to use a hardware wallet that supports discreet electronic backup solutions, such as encrypted SD cards or smartcards. These items are inconspicuous, and it's unlikely anyone would suspect they contain private keys. You can also create multiple copies to increase redundancy in case one is lost. I recommend traveling only with the backups and either leaving the hardware wallet behind or resetting it before your trip.
Wallets that offer encrypted SD card or smartcard backups include e.g. Cypherock X1, BCVault, Blockstream Jade, and Tangem.
Additionally, using a strong passphrase provides an extra layer of protection. Even if your seed phrase is compromised, the private keys remain secure without the passphrase. Ensure your passphrase is at least five to six random words or an equivalent in characters for optimal security.
New trusted forum for crypto questions.
Receive 69 Sats for every question (must be genuine question).
Hardware Wallet Evolution: Encrypted Smartcards vs Seed Phrases
In the realm of cryptocurrency security, the traditional use of seed phrases for hardware wallets is facing challenges due to vulnerabilities in human handling, leading to risks like social engineering attacks. Seed phrases, while cryptographically secure, require external backups which can be prone to damage, theft, and user mishandling.
Innovative solutions are emerging with companies like Tangem and Cypherock, who are pioneering smartcard-based hardware wallets that eliminate the need for traditional seed phrases.
Tangem’s seedless wallets securely store private keys directly on the smartcard, providing redundancy and convenience.
Cypherock uses Shamir's Secret Sharing to distribute key shares across multiple smartcards and a vault, employing a 2 of 5 threshold scheme to enhance resilience without needing external backups.
These advancements suggest a future where smartcard technology offers a promising compromise between security and ease of use. While legacy brands like Trezor are also innovating with solutions like Shamir Backup, which mitigates single points of failure, the need for managing multiple backups adds complexity.
As the industry moves forward, the focus is on developing secure, user-friendly solutions that reduce human error and improve overall crypto asset protection.
👇Read the full blog article on Hashnode to learn more.
https://indiecryptocoach.hashnode.dev/hardware-wallet-evolution-encrypted-smartcards-vs-seed-phrases
I reviewed the Cypherock X1 hardware wallet, one of the most underrated wallets currently available.
https://blog.yawaia.com/index.php?post/cypherock-x1-review-worlds-safest-hardware-wallet
New hardware wallet comparison site dropping soon!
Vote before our launch and help us decide which wallets we should compare first and which features are most important for you to compare.
Many people use the Telegram messenger but are not aware that it already has a very powerful crypto wallet included.
But there is more! The wallet also features a fully functional Peer-2-Peer market. Full manual here:
https://blog.yawaia.com/index.php?post/telegram-wallet-trading-guide
PayNym is a cool feature to publicly share your #Bitcoin receiving information whithout revealing any addresses.
With SamouraiWallet
unfortunately offline, you can still use PayNym with Stackwallet
and SparrowWallet (see my "how to guide" 👇)
How does PayNym work?
Originating from Bitcoin Improvement Proposal 47 (BIP47), PayNym is designed to safeguard the privacy of Bitcoin addresses (and transactions).
It replaces traditional Bitcoin addresses with payment codes that act as permanent, reusable identifiers, concealing the actual addresses.
This feature enables users to publicly share their Bitcoin receiving details without disclosing their real Bitcoin addresses.
It cleverly maintains privacy by ensuring that the addresses involved in transactions are known only to the sender and receiver, with no visible connection between the publicly shared receiving information and the details recorded on the blockchain.
Cool stuff!
Read the full article and learn how to use it:
https://blog.yawaia.com/index.php?post/paynym-private-bitcoin-transactions
#bitcon #bitcoinnews #bitcoininvestment #bitcoinguru #privacy #financialfreedom #freedom
Complete guide for the Telegram wallet bot including the P2P market.
https://blog.yawaia.com/index.php?post/telegram-wallet-trading-guide
If you think operational security in crypto is not important, have a read.
Never brag about your holdings online.
Minimise your digital footprint.
Stay low and keep stacking.
https://github.com/jlopp/physical-bitcoin-attacks/blob/master/README.md