Review: HTC Exodus 1s, the Full Bitcoin Node Smartphone

When it launched during The Lightning Conference in October 2019, HTC’s Exodus 1s smartphone took on the ambitious mission of endowing Bitcoiners with a device that delivers the security of a hardware wallet and the privacy and sovereignty of a full Bitcoin node.  At a retail price of 219 euro (approximately $245), plus shipping tax, the device is more affordable than a Casa Node and twice as expensive as a Ledger Nano X hardware wallet. Weighing less than 6 ounces and sporting a shiny 5.7-inch screen, the HTC Exodus 1s…

Video: Reviewing the Billfodl Multishard

Bitcoin Magazine reviewed the Billfodl Multishard, a two-of-three stainless steel recovery seed storage device that allows you to split your seed into three shards, ensuring that, even if someone finds one part of your phrase, they won’t be able to steal your funds. Each shard allows you to store up to 16 words of your seed phrase, and each unit tells you which 16 out of the 24 total words to load up. Shard One houses words 1 to 16, Shard Two houses words 9 to 24 and Shard 3…

Libra Association Sets Up Five Member Oversight Committee

The Libra Association, the non-profit organization overseeing Libra, has established a five-member Technical Steering Committee (TSC) to oversee and coordinate the technical design and development of the Libra network. The responsibilities of the TSC are to direct the technical roadmap of the Libra network, form working groups to fast track research into specific issues, guide codebase development, and build a healthy and engaged community of developers. The association has said that the establishment of the oversight committee is an important step forward in realizing its vision of a self-governing and…

Tether Claims to Be Okay With Merger of Class-Action Lawsuits Against It

Currently facing multiple lawsuits, cryptocurrency stablecoin issuer Tether (USDT) received a request from prosecutors asking for consolidation, combining three lawsuits into one, which Tether has not denied. “We did not oppose the plaintiffs’ requests to combine these frivolous claims, originally filed, respectively, in October in New York, in November in Washington and in January in New York,” reads a Tether statement shared with Cointelegraph via email on Jan. 17, 2020. Multiple lawsuits Various parties have suspected Tether, alongside related exchange Bitfinex, of foul play numerous times over their years in…

Plaintiffs Combine Their Market-Manipulation Lawsuits Against Bitfinex and Tether

Plaintiffs in three separate putative class action lawsuits against Bitfinex and Tether have moved to consolidate their cases, according to a Thursday court filing. Court filings by David Leibowitz et al, Eric Young et al, and Bryan Faubus et al, accuse the sister companies of manipulating the crypto markets. Their cases share common threads, filings show, including allegations that Bitfinex and Tether manipulated the price of bitcoin and bitcoin futures in violation of federal law. All three cases were filed in the U.S. District Court for the Southern District of…

Grasping Lightning: Mapping the Key Players in Bitcoin’s Next Phase

You might have heard of bitcoin’s “lightning network,” but don’t know what’s going on with it right now. Who are the mysterious big players behind this magical technology that allegedly solves all of bitcoin’s problems?   Lightning is one of the most promising technologies in the space right now, even drawing in Square and Twitter CEO Jack Dorsey. Given current technical constraints, blockchains don’t support many users, let alone the world’s population. Lightning could multiply the transactions possible, while making transactions faster (like a millisecond) and cheaper.  Nerds have eagerly been…

Uncovering the Motives Behind North Korea’s Crypto Conference

On Jan. 15, the United Nations warned that attending North Korea’s cryptocurrency conference in February will likely constitute a sanctions violation. According to Reuters, this notice was issued in a confidential report that will be submitted to the U.N. Security Council later this month. The warning comes after a series of events sparked suspicion around North Korea’s growing interest in blockchain and cryptocurrency. In August, a panel monitoring the enforcement of U.N. sanctions reported that North Korean agents have generated about $2 billion by stealing money from financial institutions and…

Cointelegraph Partners With Oxygen7 to Raise Funds for Australia Relief Efforts

January 16, 2020 — As a company, Cointelegraph cares about the environment and the world in which we all live. The wildfire crisis in Australia has mobilized us as an organization to take action to help the current recovery efforts down under. Cointelegraph is pleased to announce a partnership with ecological preservation organization Oxygen Seven. We have created a bitcoin donation fund with all money raised going directly to the Australian Wildfire Fund (https://aussieark.org/). Helen Vitalie Lang, Deputy CEO of Cointelegraph: “After seeing the horrific scenes coming out of Australia…

Chainalysis Finds Terrorists Are Refining Crypto Financing Operations

A new study by Chainalysis finds that terrorists are refining their financing operations using cryptocurrencies.  Faster and broader funding Earlier today, Jan. 17, the blockchain analysts identified Izz ad-Din al-Qassam Brigades (AQB), Hamas’s military arm and noted terrorist organization, as the first confirmed case of terrorists using cryptocurrency to aid their activity. AQB used a website to generate a new Bitcoin address for each donor to deposit funds. It included a how-to video on donating with maximal anonymity. Compared to similar earlier campaigns, AQB raised as much money and garnered…

The Prospect of Building a New International Monetary System Is Getting Real

This is part of a series of op-eds previewing the World Economic Forum in Davos, Switzerland. CoinDesk will be on the ground in Davos from Jan. 20–24 chronicling all things crypto at the annual gathering of the world’s economic and political elite. Follow along by subscribing to our pop-up newsletter, CoinDesk Confidential: Davos. Jeremy Allaire is co-founder, chairman and CEO of Circle, which, with Coinbase, pioneered the open standards CENTRE Consortium and USD Coin (USDC) – a dollar-backed stablecoin used in millions of financial transactions around the world. He has also been named…