Read_349 – The Rise of SIM Swapping [David Hollerith]
“For the better part of the last decade, the combination of these two practices has given rise to an increasing number of SIM swap attacks ending in the theft of bitcoin and other cryptocurrencies.” – David Hollerith
Another piece from BitcoinMagazine.com, this one by author and podcast host David Hollerith, that breaks down the risks and details of SIM swap attacks and how you may be vulnerable to losing your bitcoins, simply by revealing your phone number. Don’t miss this piece detailing out the attack, and listing out the Do’s and Don’ts of Bitcoin security.
Check out the original plus a ton of other great recent articles over at BitocinMagazine.com:
https://bitcoinmagazine.com/articles/the-rise-of-sim-swapping-how-and-why-bitcoiners-need-to-protect-themselves
Also recommended is Michael Perklin’s article to go along with this one:
https://bitcoinmagazine.com/articles/keep-your-bitcoin-safe-by-making-security-a-habit
I also mentioned Jameson Lopp’s extreme testing of the bitcoin steel wallets, a great read below:
Part 1: https://blog.lopp.net/metal-bitcoin-seed-storage-stress-test/
Part 2: https://blog.lopp.net/metal-bitcoin-seed-storage-stress-test–part-ii-/
And don’t forget to subscribe and share this show with everyone you know in Bitcoin. If you would like to join the Telegram group, become a patron below!
www.patreon.com/thecryptoconomy
Lastly, a big thank you to Dave, Bitcoin Magazine, and the LTBNetwork for the incredible work and spreading the show!
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Read_348 – All 21M Bitcoin Already Exist [Phil Geiger]
“we have nearly 11 years of empirical evidence that the network itself has been holding and transacting bitcoin, but instead of with private key signatures, it’s in exchange for hashed electricity.” – Phil Geiger
Framing the scarcity of Bitcoin at first seems obvious, but with a closer look, is far more difficult than it would seem. Does the supply actually inflate at all? Does the market price in all future halvings? Do the Bitcoin exist when they are mined, or do they exist today, sold to the miners in exchange for hashes? Phil presents a very interesting perspective and way of framing the supply of Bitcoin, in this great piece from the Unchained Capital Blog.
Check out the original below, and don’t forget to follow Phil on Twitter:
https://unchained-capital.com/blog/all-21-million-bitcoin-already-exist/
Support the audio for all things Bitcoin by becoming a patron below!
patreon.com/thecryptoconomy
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