• Since its introduction, one of Bitcoin’s largest benefits has been the ability to conduct business anonymously. No big banks are tracking your purchases. No companies are selling information about you. At least in theory, nobody knows who is actually spending a given Bitcoin. Also read: UAE Bitcoin Conference Aims to Make Mid-East a Fintech Hub Unfortunately, plenty of websites still track their visitors and their activities. Our online purchases also need somewhere to go. With

    Shop Anonymously With Bitcoin: Protect Yourself From Prying Eyes

    | 2016/11/11 7:15 am
  • Since its inception, Bitcoin as a payment medium has a cemented an impression of being anonymous and privacy-centric. So much so that the currency has been glorified by the masterminds behind the doomed Silk Road, and advocated by recognized influencers such as German politician Franz Schäffler, celebrity Ashton Kutcher, famed author & economist David Friedman, and finance guru Kevin O’Leary to name a few. Also read: Jaxx Announces Plans to Go International After Augur Integration

    Understanding Privacy: How Anonymous Can Bitcoin Payments Be?

    | 2016/10/14 4:48 pm
  • A team of global security engineers based in more than 9 countries across five continents recently got together to form a powerful global capability network known as Hackpool. They have recently launched their clearnet website: www.hackpool.is Disclaimer: This is a press release. Bitcoinist is no responsible for this firm’s products and/or services.  A parallel .onion site will be launched soon. Security engineers, hackers, pentesters and military strategists will find Hackpool as a unique strategic platform

    Hackpool : A new strategic resource pool for security engineers, hackers, pentesters and military strategists

    | 2016/10/04 10:01 am
  • On Thursday night, Yahoo sent out a “NOTICE OF DATA BREACH” to its users, claiming it believed a 2014 hack, which compromised at least 500 million users, was done by state-sponsored actors. The company does not believe the attacker is still in its systems. Also read: Poloniex to Ban New Hampshire Residents An internal investigation confirmed a copy of “certain user account information” was stolen from the California tech giant’s systems in  late 2014 by what

    Yahoo Confirms 2014 Data Breach, 500 Million Users Compromised

    | 2016/09/23 7:07 am
  • Beginning in October, Microsoft will begin it’s new patch policy that will release new patches as rollup updates. This could put businesses and other’s in a sticky situation of either having to accept the risk of not applying patch updates or doing so and potentially disrupting mission critical apps. Also read: Bitcoin Price Hits $600, Technical Indicators Bullish Microsoft “Rollup Updates” Could Create Headaches for Businesses In the past, Windows patches were released individually, which allowed

    Microsoft to Begin Implementing “Cumulative” Patch Policy That Gives Users Less Flexibility

    | 2016/09/12 7:35 pm
  • SAN DIEGO, September 1, 2016 — Airbitz, the popular mobile bitcoin wallet and world’s first edge security platform allowing developers to build apps that secure users’ data, announces the first foolproof bitcoin wallet password recovery process, called Password Recovery 2.0. Also read: KIBO: Creating the World’s First Blockchain Lottery Airbitz Claims the  First “Zero-Knowledge” Password Recovery Feature This new feature allows Airbitz users and Airbitz SDK-powered app users to easily recover a forgotten password to their

    Airbitz Launches “Password Recovery 2.0,” with Privacy Features

    | 2016/09/02 5:22 pm
  • The hugely popular messenger application, WhatsApp, has changed its privacy policy in order to share more user data with its parent company Facebook. Also read: Industry Report: Banks Trying to Beat Bitcoin WhatsApp Changes Privacy Policy This move has some WhatsApp customers feeling betrayed as it seems to directly contradict previous statements made by the company. It is also the first time the firm has changed its privacy policy since it was bought by Facebook

    WhatsApp “Betrays Users” by Sharing User Info with Facebook

    | 2016/08/26 5:07 pm
  • Canadian law enforcement officials want to make their jobs easier, lobbying for a new law that would force people to give up their computer passwords upon request. Also read: Is the Bitcoin Price Slump Finally Coming to an End? Canadian Police Back Resolution to Compel Users to Give Up Passwords The Canadian Association of Chiefs of Police (CACP) passed a resolution on August 16, 2016, advocating for such a law to be enacted by parliament.

    Canadian Police Want to Force People to Give Up Passwords

    | 2016/08/26 5:00 am
  • 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