Samsung's Galaxy S10 Appears to Include 'Blockchain Tutorials' for Its Crypto Key Storage

South Korean tech giant Samsung has recently hosted its Unpacked event in San Francisco, introducing the world to its new flagship model Galaxy S10, which appears to include blockchain tutorials for its built-in crypto key storage solution.

The cryptocurrency community has been expecting the flagship model to feature a built-in cryptocurrency wallet, as leaked images appeared to show an image of it, and made it seem it would support Ethereum, and presumably ERC-20 tokens. The tech giant had late last year filed a trademark application for a cryptocurrency wallet software.

During Unpacked, however, no mention of a built-in cryptocurrency wallet was made. In a press release posted soon after, Samsung noted it includes a line on housing private keys for “blockchain-enabled” mobile services. The document reads:

Galaxy S10 is built with defense-grade Samsung Knox, as well as a secure storage backed by hardware, which houses your private keys for blockchain-enabled mobile services.

While Samsung stopped short of calling it a cryptocurrency wallet, the company made it clear users would be able to store their private keys securely using the smartphone’s hardware. This, however, didn’t imply it would have a friendly user interface for users to interact with blockchain applications, or send and receive cryptocurrency.

In a recently shared video Twitter user Heslin Kim revealed the Galaxy S10 does include a built-in cryptocurrency wallet, along with what appear to be “blockchain tutorials” guiding users through it.

Various cryptocurrency users believe Samsung adding the crypto key storage is bullish, as it’ll expose millions of users to the cryptocurrency space. The smartphone’s crypto key storage appears to let users store both bitcoin and ether.

Why the tech giant stopped short of calling it a cryptocurrency wallet is unclear, although some believe it was trying not to scare away its core audience.

This, as the crypto market’s over 85% decline from 2017 highs, as well as recent events involving millions getting lost because QuadrigaCX’s CEO passed away, could be a turn off for various Samsung users.

Bitcoin Ransomware Hackers Lose Control of Their Decryption Tool

Michael LaVere
  • Software firm Emsisoft warns that attacks broke their own decryption tool for the Ryuk ransomware.
  • Affected users are at risk of having their files deleted despite paying the bitcoin ransom. 

A security firm has warned that the Ryuk bitcoin ransomware has broken its own decryption tool, causing affected users to lose their files even after sending the BTC ransom. 

Software company Emsisoft told news outlet The Next Web that the hackers behind the Ryuk ransomware are responsible for the decryption error. According to the security firm, a recent update made to Ryuk caused the program to alter the way it calculates the length files, inadvertently making the decryption tool defunct, 

As a result, the decryptor provided by the Ryuk authors will truncate files, cutting off one too many bytes in the process of decrypting the file. Depending on the exact file type, this may or may not cause major issues.

Users who pay the crypto ransom are still at risk of losing their files and data, depending on where the byte cutoff is made. 

Emsisoft recommends Ryuk victims backup encrypted data before running the decryption key,

A final word of advice: prior to running any ransomware decryptor – whether it was supplied by a bad actor or by a security company – be sure to back up the encrypted data first. Should the tool not work as expected, you’ll be able to try again.

Featured Image Credit: Photo via Pixabay.com