ProtectingCoin CryptoVault (Titanium Recovery Seed Storage)

ProtectingCoin CryptoVault is the ultimate in cold recovery seed storage for cryptocurrency.

CryptoVault is fire-proof, water-proof, rust-proof, wind-proof, electric-proof, EMP-proof, drop-proof, spilled coffee-proof, pet-proof, baby-proof, demon-proof and acid resistant.

Package includes:

  • 2 x CryptoVault Titanium plates
  • 2 x security screws
  • 1 x security tool
  • 2 x standard screws
  • 1 x serialized security seal cable (tamper-evident)
  • 4 x 8mm holes to fit most standard padlocks
  • 25 x slots to engrave or stamp your BIP39 recovery seed.

*Compatible with 12, 24 and 25 (Monero) recovery seeds. The 25th slot can also be used to enter a wallet identifier, passphrase hint, or any other information you chose.

*Compatible with Trezor, Ledger, Keepkey and any other wallets that use up to 25 recovery words.

 

The Magic of Mnemonic Seeds

An excellent explanation of how Mnemonic Seeds function by Andreas Antonopoulos.  The mnemonic seed is used to create a universal seed or backup of your wallet and used by many wallet manufactures.  It allows for a single seed (list of 12-24 common words from a defined list of 2048 words) to be used to restore access to your wallet if it is ever lost or defective.  The use of hierarchical deterministic wallets allows for a single mnemonic seed to represent a near unlimited quantity of keys.

Here is a full list of all 2048 potential words that can be used in a Mnemonic Seed.  The use of Mnemonic Seeds is covered in BIP39 (Bitcoin Improvement Proposal 39)

https://github.com/bitcoin/bips/blob/master/bip-0039/english.txt

 

Announcing ProtectingCoin.com Screwless Hideaway Mounts for Trezor One and Ledger Nano S.

We are happy to be releasing our screwless hideaway mounts for the Trezor One and Ledger Nano S hardware wallets.  The screwless mount uses a 3M adhesive that will not mark or damage wallet, furniture or other surfaces and is easy to remove at any time (one time use adhesive but you can also use another 3M adhesive strip to move to a new location).  This greatly expands the number of options for mounting our hideaway mounts and makes it easy to get your wallet secured in a hidden location or just mounted to always keep it in the same spot.  The install takes less than 10 seconds.

You can mount these to just about any surface!

We will of course continue to carry our Screw Hideaway mounts for mounting to any wood surface.  Get them today right here on ProtectingCoin.com!

 

 

ProtectingCoin.com releases Cryptocurrency consulting services

https://protectingcoin.com/product/consulting/

Do you need one-on-one assistance for you, your team or your business to walk through the proper use of cryptocurrency hardware wallets, cold storage and more?

Consulting services offered:

  • Hardware wallet configuration/use
  • Cold storage solutions and use
  • How to backup/restore wallets
  • Hot wallet configuration/use
  • Setting up an exchange account
  • Sending/receiving cryptocurrency
  • Add cryptocurrency payments to your business website
  • Setting up insurance polices for your hardware wallet
  • Gifting cryptocurrency

*Rates starting at $120/hour for one-on-one consulting at our offices in Douglasville, GA. (1 hour minimum, additional $10 per hour/attendee)

*Rates starting at $150/hour for on-on-one consulting at your location within 60 miles of Atlanta, GA (2 hour minimum, additional $10 per hour/attendee)

*Rates starting at $150/hour + travel expenses for on-on-one consulting at any location (2 hour minimum, additional $10 per hour/attendee)

Cold Storage Coins – expanding currency selection

We are very excited to announce that ProtectingCoin.com, authorized distributor of Cold Storage Coins, will be expanding our selection of currencies available in Cold Storage Coins.

We currently offer Bitcoin Cold Storage Coins and will be expanding to carry Bitcoin Cash, Litecoin, Dash, Ethereum and even more currencies will be coming soon.

Cold Storage Coins are an easy way to store cryptocurrency offline and make a great gift to introduce family, friends and colleagues to cryptocurrency.

Available in 1 oz Copper, Silver and Gold (special order).  This creates two unique stores of value; one in precious metals and another with an embedded cryptocurrency wallet.

Contact support@protectingcoin.com with any questions.  Now accepting orders for Bitcoin Cold Storage Coins with more currencies releasing soon.

Trezor releases Firmware 1.6.1 and Bootloader security update for Trezor One Wallets (important update)

Trezor released Firmware 1.6.1 and a Bootloader update on March 21, 2018 for the Trezor One. The Firmware and Bootloader update closes an exploit that could be used to modify the instructions on a Trezor One before setup.

When you update to the latest Firmware it will also update and secure the bootloader. This exploit is related to a flaw in a chip and how it sets write protection.

Full details: https://blog.trezor.io/trezor-one-firmware-update-1-6-1-eecd0534ab95

Frequently Asked Questions (direct from Trezor)

Is my TREZOR One safe?

There is no evidence that this vulnerability has been used in practice. Nonetheless, we have decided to release this update for preventive reasons, according to our security philosophyand responsible disclosure program.

If your TREZOR One arrived with its packaging intact, then your TREZOR is safe to use. The firmware update will check your bootloader version, its authenticity and update it.

If your TREZOR One arrived with its packaging opened, then your TREZOR might still be safe to use, under certain circumstances. The firmware update will check your bootloader version, its authenticity and update it. If the bootloader passes the authenticity check, your device will run without errors and thus it is safe to use.

If the bootloader does not pass the authenticity check, the firmware will warn you. In this case, please contact our Support Team.

Is TREZOR Model T affected?

The TREZOR Model T is not affected by this vulnerability, because it uses a chip with a different flash controller — STM32F427.

I am about to buy a new TREZOR One. Will it be affected?

If you are buying a TREZOR One directly from TREZOR Shop, we are already shipping out devices with the latest bootloader. These devices are not affected by the issue disclosed in this article.

I bought a TREZOR One yesterday, is it affected?

If your TREZOR One arrived with its packaging intact, then your TREZOR is safe to use. The firmware update will check your bootloader version, its authenticity and update it.

If your TREZOR One arrived with its packaging opened, then your TREZOR might still be safe to use, under certain circumstances. The firmware update will check your bootloader version, its authenticity and update it. If the bootloader passes the authenticity check, your device will run without errors and thus it is safe to use.

If the bootloader does not pass the authenticity check, the firmware will warn you. In this case, please contact our Support Team.

I bought a TREZOR One from an official reseller yesterday, is it affected?

The answer above applies to his case as well. If you need to contact our Support Team, please attach the name of the reseller.

I bought a TREZOR One from an official reseller and initialized it already. Am I at risk?

Please update the device firmware. If the update does not warn you during the bootloader update (second part of the update process), then your device is safe to use.

I have an uninitialized TREZOR One. What next?

If your device is not yet initialized, then please update the firmware first. The firmware update will also update the bootloader, making sure you are starting off with a secure device.

Do I really need to update?

Even though the vulnerability disclosed in this article cannot be exploited to extract private keys from the device, we still recommend keeping your devices up-to-date at all times. Regular firmware updates are the key to a secure product.

Please, go to TREZOR Wallet. If the Wallet tells you your firmware is outdated, please run the update process. The firmware update will update the bootloader as well.

What is the newest firmware and bootloader version of TREZOR One?

Firmware: 1.6.1

Bootloader: 1.4.0

Are other hardware wallets affected?

All hardware wallets using STM32F205/F405 are potentially vulnerable to this attack vector. We have already reached out to other producers of hardware wallets and informed them about the issue.

Why is the issue disclosed in detail on the same day as the update release?

There are multiple reasons why we decided to release a full disclosure today, the most important are:

  1. The vulnerability cannot be exploited to extract private keys out of already-initialized devices, meaning TREZOR One users are not at risk.
  2. The production code of TREZOR One firmware is published publicly as it is open source, so even without technical details, a potential attacker can understand the nature of the vulnerability from the source code.
  3. Our philosophy is rooted in absolute transparency, and therefore we prefer to keep our users informed as soon as possible