• Wildfire, a type of ransomware targeted at Dutch speakers, has been successfully defeated by the No More Ransom initiative, a project coordinated by the Netherlands Police, Europol, Intel and Kaspersky. This multinational collaboration aims to help victims of ransomware retrieve their encrypted files for free through the use of multiple decryption tools. Also read: Ransomware as a Service is Bringing In Some Serious Money ‘Wildfire’ Ransomware Wildfire is a piece of ransomware, a type of malware that takes users’

    ‘Wildfire’ Ransomware Defeated by International Security Team

    | 2016/08/25 6:00 pm
  • The governor of Japan’s central bank has referred to the importance of security in “blockchain” and “distributed ledger” technologies during a FinTech conference speech in Tokyo. Also read: Ransomware May Threaten the Future of Bitcoin Flagship FinTech Technologies Bank of Japan (BoJ) Governor Haruhiko Kuroda described them as “flagship technologies in FinTech” at Japan’s first FinTech Forum, an event hosted by the BoJ itself at its own headquarters. Without referring to Bitcoin by name, Kuroda also

    Japan Central Banker: Blockchain, Security Vital to FinTech’s Future

    | 2016/08/23 12:00 pm
  • Some tricky new malware is infecting Mac users by imitating legitimate software. The “Advanced Mac Cleaner,” professes to be an anti-malware tool in order to sneak onto Mac computers. Also read: Mycelium May Roll out P2P Tumbling Soon New Malware Targeting Mac Users Bitcoinists who use Macs ought to be especially concerned, as the malware specifically targets Mac users by mimicking an anti-malware tool designed for Macs. Malware can be used to steal private keys

    New Malware Sneaking Onto Mac Computers, Bitcoinists Be Warned

    | 2016/08/20 3:42 pm
  • One of the biggest problems facing Bitcoin is people’s lack of trust. Despite the security of the blockchain, many continue to believe that Bitcoin is unsafe, attracting criminals and breeding fraud. Also read: Bitcoin Price Sluggish, But Technical Indicators Still Bullish Gox and Bitfinex: Coincidence, or Signs of Conspiracy? The recent Bitfinex hack has done little to change this attitude. In fact, when one looks at the attack, it’s easy to notice similarities between these

    Coincidence or Conspiracy? A Comparison of Mt. Gox and Bitfinex

    | 2016/08/17 5:00 am
  • After a steady week of hovering in the $650 range, the bitcoin price has been dealt a massive blow. Investors and enthusiasts were shocked to discover that the world’s favorite coin had fallen by more than $100 into the low $500s. At press time, the price has rebounded, and hovers around $571, a near $200 drop since reaching a high of $700 just a few months ago. Community consensus on the cause of the drop points the blame at

    Bitfinex Hack to Blame for Massive Bitcoin Price Drop

    | 2016/08/04 5:00 am
  • On August 2, 2016, it has been reported that the major cryptocurrency exchange, Bitfinex, was hacked with some customers losing Bitcoin as a result. Additionally, BitGo has commented on the event. Also read: Indacoin: Buying Bitcoin, Litecoin with a Credit Card The Breach of Bitfinex Bitfinex itself confirmed the hack in a press release earlier today, saying they have halted all trading on the platform. Additionally, all deposits to and withdrawals from Bitfinex have been

    Bitfinex Hacked, Bitcoin Confirmed Stolen

    | 2016/08/02 5:06 pm
  • With all the coverage surrounding massive Crypto Theft and Scams recently, whether it’s The DAO, OneCoin, or questionable ETC ownership policies on major exchanges, it’s easy to ignore the more mundane events in this arena. Luckily, Steve Manos, A man in Lake Worth Florida, was brave enough to ignore best practices and common sense to bring us this gem of an example of how not to buy Bitcoin. Read Also: New Polaris GPUs Shake Up

    Floridian Thieves use Local Bitcoin Exchange to Rob Customers

    | 2016/07/30 10:30 pm
  • The public and private sectora are now joining forces to stop ransomware as part of an international initiative to combat cybercrime. Groups participating in the project include Intel Security, Kaspersky Lab, the Dutch National Police and Europol.  Also read: Lisk Community Continues Developing Ecosystem Tools, Services International Crackdown on Ransomware The initiative, called “No More Ransom,” has a simple goal: make it more difficult for cyber criminals to capitalize on ransomware by outsmarting them. The organizers

    Private-Public Partnership Launched to Combat Ransomware

    | 2016/07/27 4:02 pm
  • A new blockchain service, BitCluster, is making it easier for people to snoop through the Bitcoin blockchain in search of information they are trying to find. Also read: Technical Analysis: Bears Taking Hold of Bitcoin Price BitCluster: The Bitcoin Deanonymizer BitCluster claims to be the “Bitcoin Deanonymizer,” and according to the official site, it is an open source tool that analyzes all bitcoin transactions and regroups wallet addresses according to their incoming and outgoing transactions. This

    BitCluster Claims to Streamline Blockchain Data Mining

    | 2016/07/26 5:00 am
  • Researchers at MIT have devised a blueprint for a new kind of anonymous network, called Riffle, that they believe will be just as secure as Tor, if not more so. Also read: Do You Make These 4 Mistakes When Explaining Cryptocurrency to Newcomers? Apparently, the proposed scheme is more bandwidth efficient than Tor, and can guarantee anonymity as long there is at least one honest server — a proxy server working to sustain system integrity

    MIT’s Riffle Aims to Compete with Tor for Spot as Anonymity King

    | 2016/07/15 5:00 am
  • What happens to cryptography once quantum computers are everywhere? Will it still be possible to keep encrypted systems — like the Bitcoin network — secure? Also read: The Halving Month Is Here; What Will Happen to the Bitcoin Price? This week, Google addressed the question with a blog post titled, “Experimenting with Post-Quantum Cryptography,” which looks at how possible computing speeds in the future could compromise encryption, even today. Quantum computing, long a computer science

    Google Experimenting with Crypto for the ‘Post-Quantum Era’

    | 2016/07/08 5:00 am
  • Scams, suits and cyber-attacks, with and a little bit of ransomware thrown in-between. It’s been a wacky week for Bitcoin and the DAO, and here are a few of the top stories: Also read: Industry Report: Digital Currency is Booming Across the Globe LOCKY GETS ROCKY First, a little good news is in the mix. According to Symantec, Locky ransomware may be reaching the end of its days. Over the past two weeks, activity has

    Industry Report: How Badly Was the DAO Attacked?

    | 2016/06/23 9:00 am
  • As bitcoin and ether prices surged in recent months, interest in cryptocurrency has grown. From investors,  speculators, entrepreneurs, libertarians, and curious newcomers — a large swath of people have decided to join in on the fun. However, not everyone that has involved themselves in the last few months have done so with good intentions in mind. Also read: NanoPay Announces the Deployment of MintChip Digital Currency Phishing Attacks Increase Following Bitcoin Price Surge It seems the recent success

    Bitcoin Phishing Increases as Interest in Cryptocurrency Grows

    | 2016/06/22 5:00 am
  • Gemini expands, bitcoin and banks go head to head, and stealing RSA keys is easier than you might think. Want to catch up on the latest digital currency news? Take a look at the stories below. Also read: Industry Report: Is Security in the Finance Sector Too Weak? GEMINI IS GROWING Digital currency exchange Gemini is stretching into Canadian territory. In a corporate blog post last Monday, Gemini co-founder Cameron Winklevoss wrote: “We are thrilled to

    Industry Report: Bitcoin Trading Grows, But Security Gets Weaker

    | 2016/06/10 5:00 am
  • Running a Bitcoin node on your ARM single board computer? Fan of cheap Chinese tablets and smartphones? Maybe you contributed to the recent CHIP computer Kickstarter, or host a wallet on one of these devices. Well, if any of these applies to you, and your device is powered by an Allwinner SoC, you should probably wipe it and put an OS on it with the most recent kernel release. Why? Allwinner left a development “tool”

    Allwinner Leaves Root Exploit in Linux Kernel, Putting ARM Devices at Risk

    | 2016/05/31 7:53 pm
  • The United States Postal Service (USPS) and the blockchain join hands; Mt. Gox creditors aim to get what’s theirs, and Swift gets slowed down by bank breaches. Want to see what you’ve been missing in digital currency news? Take a gander at the stories below: Also read: Industry Report: Lisk, the First ‘modular’ Currency? USPS Are the United States Postal Service and the blockchain the digital world’s new power couple? According to a new report,

    Industry Report: The USPS Does Digital Currency

    | 2016/05/30 9:00 am
  • BitLox is a new entrant into the physical Bitcoin wallet market. BitLox Creator Dana Coe sent us a wallet to test and review, and also answered some questions about BitLox, its development, and more. One of the first things you will notice about BitLox is it uses an e-ink screen which both saves power and makes reading it easier in many different lighting situations. The screen is one of many features which make it a unique

    Interview With BitLox Bitcoin Wallet Creator Dana Coe

    | 2016/05/05 6:00 am
  • HYPR Corp. is a biometric security company that focuses on making the financial world safer for consumers and businesses alike. Led by CEO and blockchain enthusiast George Avetisov, the company recently partnered with blockchain security firm BitGo, producing an alliance that could secure the entire finance industry with blockchain-powered biometrics. Also read: Bitcoin Price Blunders, Suffers $15 Decline Combining the Blockchain With Biometric Security Bitcoinist got the chance to sit down with CEO George Avetisov

    HYPR CEO: Blockchain Becoming ‘Ubiquitous’ in Banking Sector

    | 2016/05/01 11:59 am
  • The bitcoin marketplace, LocalBitcoins, has reportedly been hacked by a malicious agent who claims to have the full database of usernames and passwords. Also read: Bitcoin Price Stirs Up Bullish Sentiment LocalBitcoins Possibly Hacked So far, the hacker has only posted an alleged partial list for sale on Satoshibox and it remains unknown if there is a larger list being sold. There is a belief among some that this is simply a hoax as the

    LocalBitcoins Database Allegedly Hacked, User Info For Sale

    | 2016/04/24 5:27 pm
  • In a surprising development on Wednesday, Bitcoin developer Peter Todd released information around MIT’s ChainAnchor project. ChainAnchor supposedly involves enticing miners with additional compensation to ensure that only transactions from a list of identified and registered users are included in blocks. The news comes at a time of accelerating initiatives to adopt facets of Bitcoin’s Blockchain technology into traditional banking and trading of other digital assets or securities. Also Read: FBI Used Invalid Warrant To Infect Tor

    Peter Todd Exposes MIT ChainAnchor Project That Enables Tracking Bitcoin User’s Identity

    | 2016/04/22 2:00 am
  • BitcoinTalk user johoe has found more Bitcoin signatures with repeated R values or “nonces,” a vulnerability allowing him to steal coins from wallets associated with the bad signatures. However, johoe’s goal is to exploit security flaws to make Bitcoiners aware, and wants to give money back to the people who can prove ownership of the bad addresses. Also read: BigUp Looks Forward to Future Development After Early Adoption Repeating R Values Leaves Bitcoiners Vulnerable Johoe discovered at

    Another Round of Reused R Values Leads to More Stolen Bitcoins

    | 2016/04/09 8:20 pm
  • 31 March 2016 – The federal government now has a task force dedicated to tracking and analyzing domestic and foreign “unlicensed bitcoin exchangers.” The task force, part of the Homeland Security Investigations (HSI) branch of the DHS, came to light in a federal affidavit outlining the investigation and arrest of David Burchard for large scale distribution of marijuana on Tor hidden services, under his alias, “Caliconnect”. This kind of inquiry, previously restricted to the FBI

    Homeland Security Task Force Tracks Domestic Bitcoin Traders

    | 2016/04/01 1:24 am
  • 30 March 2016 – Decentraleyes, a decentralized privacy addon for Firefox goes above and beyond to deliver a private experience for users of the browser by loading local versions of common content libraries that mine user data. Web sites increasingly rely on these delivery systems to collect data with ad-blocking and cookie destruction becoming more and more mainstream, and traditional privacy measures tend to break these sites. By offering local, auditable versions of these content

    Decentraleyes Addon Fixes Browser Privacy, Circumvents CDNs

    | 2016/03/30 7:45 am