Tag: Security

A New Bitcoin World

80 Percent of the Total Bitcoin Supply Have Now Been Mined

80 Percent of the Total Bitcoin Supply Have Been MinedThis weekend marks a milestone for bitcoin as 80 percent of the currency has now been mined into circulation, this means there’s only 20 percent left to mine. Satoshi Nakamoto’s protocol was one of the first to introduce digital scarcity and soon enough the digital asset will become even harder to obtain. Also read: How to […]

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January 15, 2018 0

New Cryptocurrency Mining Bot Is Infesting Facebook Messenger

New Cryptocurrency Mining Bot Is Infesting Facebook MessengerCyber security researchers found a new type of malware spreading across the world via the Facebook Messenger app. This malicious bot is using the many computers it has infected to mine cryptocurrency for its unscrupulous developers at the expense of users. Also read: Starbucks Customer Has His Laptop Hijacked for Cryptocurrency Mining A couple of cyber […]

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December 25, 2017 0

Five Ways for the Ultra-Paranoid to Store Their Bitcoin

Five Ways for the Ultra-Paranoid to Store Their BitcoinDo you sleep easy at night, knowing how many thieves would love to steal your bitcoin? At this very moment, hackers are probing your cryptocurrency exchange for weaknesses. They’re gathering information about you – where you live, your pet’s name, your favorite football team – with a view to social engineering. They’re crafting malware laden […]

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December 23, 2017 0

Over 10,000 People Have Downloaded Fake Cryptocurrency Apps

Over 10,000 People Have Downloaded Fake Cryptocurrency AppsThe open web can be a dangerous place for cryptocurrency users. Phishing, trojans, and social engineering all come with the territory, ensuring that even the savviest of bitcoin-holders must remain alert. Within the walled gardens of Apple and Google’s app stores, however, there’s an assumption that if a mobile app has been vetted and downloaded […]

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December 6, 2017 0

How to Protect Your Bitcoin and Your Privacy When Passing Through Customs

How to Protect Your Bitcoin and Your Privacy When Passing Through CustomsBorder patrol don’t like bitcoin. In fact they dislike anything they don’t understand or have been programmed to distrust. Encryption, cryptocurrency, graphics cards, all of the tech we take for granted is anathema to suspicious customs agents. Whether you’re traveling into the U.S. or any other surveillance state, here’s what you should do to avoid raising […]

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December 2, 2017 0

Bitcoin’s Encryption Could be Broken by 2027, Claim Singapore Quantum Experts

Bitcoin’s Encryption Could be Broken by 2027, Claim Singapore Quantum ExpertsKey protocols securing technology undergirding bitcoin are “susceptible to attack by the development of a sufficiently large quantum computer,” researchers mostly from Singapore claim in a recently-released paper, Quantum attacks on Bitcoin, and how to protect against them (Quantum), made available through the Cornell University Library. Also read: Is Bitcoin at Risk as Google and […]

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November 10, 2017 0

Seven Japanese Bitcoin Exchanges Announce Bitcoin Gold Hard Fork Plans

Seven of Japan’s leading bitcoin exchanges have announced their policies regarding the planned Bitcoin Gold hard fork of the Bitcoin network. The country’s largest exchange, Bitflyer, plans to distribute and trade the new cryptocurrency. Some exchanges will only distribute the coins, while others are taking a wait-and-see approach. Also read: Two South Korean Bitcoin Exchanges Announce Hard […]

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October 22, 2017 0

North Korea Could Be Targeting Bitcoin Exchanges in Hacking Attack

North Korea has allegedly been involved in unleashing cyber attacks against South Korean bitcoin exchanges and other blockchain companies. These attacks are possibly the result of economic sanctions against North Korea.  Also read: Large Korean Conglomerate Gets Into Bitcoin Remittances Post Legalization A United Press International article elaborated; “The CWIC Cyber Warfare Research Center in South […]

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August 25, 2017 0

Government Agencies Adopting Bitcoin and Blockchain Technology

Government agencies are looking further into adopting blockchain technology and bitcoin. They hope to commandeer these protocols in order to protect the military from mass-hacking campaigns, counterintelligence, and otherwise hostile attacks on their systems. The Pentagon has especially shown recent interest in using cryptographically-guarded blockchains to aid their operations.  Also read: Bitcoin Cash Flips Mining Profitability […]

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August 18, 2017 0

How Hackers Stole $7 Million in Ether From Coindash ICO

CoindashCoindash is a blockchain company that helps investors manage investments and hedge those investments against other traders. This morning the startup’s token sale was hacked and 7 million dollars’ worth of ether were promptly stolen. The company left a warning on its token funding page advising investors to cease sending funds. Also read: Alphabay Phisher Makes $1 Million in

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July 18, 2017 0