• MIT’s Media Lab unveiled a vending machine that accepts bitcoin with a quirky twist — it was stocked solely with Soylent. Also read: Krypton Aims at More Secure Smart Contracts After Ethereum Fork Soylent and Bitcoin? A picture of the vending machine was tweeted out by MIT’s own Ethan Zuckerman last night. In it, you can see the machine was mostly empty aside from a few bottles of Soylent. The vending machine even comes equipped with

    This Bitcoin Vending Machine Is Sending Weird Signals About the Future

    | 2016/07/29 5:00 am
  • We sat down with Andrew Vegetabile for the episode 6 of the Bitcoinist Podcast, And discussed the Litecoin Roadmap, Their recent trademark fight, Steem, the DAO Hardfork, and more. Subscribe via RSS feed, Soundcloud, gPodder, Stitcher, or have a listen here: [advanced_iframe securitykey=”f2a82584dea78b6db5aa798e0de6aa498fd77c2f” width=”100%” height=”180″ scrolling=”no” frameborder=”no” src=”https://w.soundcloud.com/player/?url=https%3A//api.soundcloud.com/tracks/275053325&auto_play=false&hide_related=false&show_comments=true&show_user=true&show_reposts=false&visual=true”] The podcast is in full swing again, so subscribe with whatever service you prefer, and rest assured that new content is on it’s way. We’ll be putting

    Podcast Episode 6 is Here: Interview with Andrew Vegetabile

    | 2016/07/23 5:09 pm
  • Malware is being distributed in a wide variety of ways these days. Security researchers have managed to track down the distribution of Pirrit aware to an online marketing company based in Israel. As it turns out, a new version of the adware is in circulation right now. Albeit this adware is targeting Mac OS X users specifically, it is still a significant threat. Also read: The Halving Month Is Here; What Will Happen to the

    Israeli Advertising Firm TargetingEdge Spreads Pirrit Adware

    | 2016/07/07 5:34 am
  • ATLANTA, July 1, 2016 — Blockchain-based startup, Smart Defense Technologies, has announced the introduction of Blocksafe, the first ever “smart gun” system that utilizes blockchain technology. Also read: FBI Overstepped Boundaries Again in Silk Road Investigation The Blocksafe infrastructure works for smart devices and locks that mount on guns, allowing gun owners to effectively monitor and control the use of their weapons. Blocksafe Chairman and CEO Kevin Barnes is a military veteran and blockchain developer who

    Smart Guns on the Blockchain, Introducing Blocksafe

    | 2016/07/01 5:07 pm
  • With a current return-on-investment of 10-18% annually, many are wondering how to launch a Dash masternode. Luckily — unlike in the world of mining — detailed information on how to begin is not difficult to come by. But for interested investors who don’t own 1000 Dash now and won’t in the foreseeable future, what is a protocol-level, decentralized solution for the long-term? Also read: Incentivized Model a Healthy Way to Encourage Blockchain Growth? The answer

    Running a Masternode: Setup, Buying Shares, Earning ‘Interest’

    | 2016/06/29 11:53 pm
  • In this day of mass surveillance and privacy awareness, CCTV cameras are often forgotten about. But as it turns out, these monitoring devices can serve an even nefarious purpose, albeit unwillingly. Security researchers uncovered a botnet operating on 25,000 CCTV cameras. This attack targeted a small jewelry store website, which was unavailable for several days. Also read: A Politician from Paris Wants to Ban Bitcoin Although most people are well aware of how CCTV cameras

    Global CCTV Botnet Successfully Executed DDoS Attack

    | 2016/06/29 4:42 am
  • It if were up to Russian policymakers, Internet controls will become even more strict in the country moving forward. Labeled as an anti-terrorism campaign, there are plans to increase online surveillance measures. If this were to happen, ISPs would need to log metadata about customers for at last three years. Should this proposal pass, encryption will not safeguard user privacy anymore in the country. Also read: Bitcoin and Brexit: Did the Great UK Debate Move

    Russian Policymakers Set To Deal Another Blow To Encryption

    | 2016/06/27 4:41 am
  • Cryptocurrency enthusiasts will recall the story of several hospitals being infected with Bitcoin ransomware earlier this year. A new study on how hospitals treat patient privacy and confidentiality shows how malware attacks are not the biggest concern. Poor security practices can be found everywhere, putting patient information at risk unnecessarily. Also read: Necurs Botnet Resurfaces With Updated Locky and Dridex Versions The report, titled Workarounds to Computer Access in Healthcare Organizations, paints a very worrisome

    New Report Shows Healthcare IT Security is On Wobbly Legs

    | 2016/06/25 5:00 am
  • Bitcoinist recently spoke with Angus Champion de Crespigny, Financial Services Blockchain and Distributed Infrastructure Strategy leader at EY, the multinational professional services firm headquartered in London, United Kingdom. De Crespigny has established the firm’s first Digital Currency and Asset Technology group which consults businesses and financial institutions on blockchain and consensus technologies.  Also read: Dash: The Original DAO Angus gives us an inside look at how he feels about private blockchains, the Bitcoin blockchain, and how these

    Financing the Future: EY Blockchain Advisor on Fintech

    | 2016/06/24 5:00 am
  • Bitcoin ransomware threats are once again making the headlines these days. Albeit they are now popular than screen-blocker ransomware, this is not news to be proud of by any means. Malware used on such a large scale will continue to give Bitcoin a bad reputation, even though the cryptocurrency is not at fault for these problems. Also read: Large-Scale Phishing Attack Targets Bitcoin and Web Wallet Users There is nothing more annoying than dealing with

    Bitcoin Ransomware Popularity Increased Spectacularly In 2015

    | 2016/06/23 4:37 am
  • Although malware threats and exploit kits are a significant threat to our society, various types are showing a decrease in activity. Angler, Locky, and Dridex are the three top categories which see less interest all of a sudden. For now, it remains unclear as to why this decrease is taking place, albeit it is possible criminals are turning toward new solutions. Also read: Industry Report: Digital Currency Is Booming Across the Globe Ransomware and malware

    Symantec Report Indicates End of Locky Ransomware Threat

    | 2016/06/18 5:31 am
  • Coinbase and and Coinfabrik join forces, Jaxx integrates with ShapeShift, and more bank heists may be on the way. Want to see what you’ve been missing? Take a look at some of this week’s Bitcoin news below. Also read: Industry Report: Bitcoin Trading Grows, But Security Gets Weaker BANK SECURITY Banks are once again being warned of potential cyber-attacks. This time, the warning comes in light of the hacks that occurred within banking institutions tied to the Swift network,

    Industry Report: Bitcoin Continues Breaking Boundaries

    | 2016/06/14 5:00 am
  • The fifth episode of the Bitcoinist Podcast aired today. It’s available on our RSS feed, Soundcloud, gPodder, Stitcher, and a growing number of podcasting apps and services. In this episode, My co-host, Caleb Chen and I, discuss the rise in Bitcoin’s price, Jacob Appelbaum’s ousting from the Tor project, Windows 10’s various new security flaws, the kernel level Allwinner ARM exploit, play with drones in the background, and more. Have a listen here: [advanced_iframe securitykey=”f2a82584dea78b6db5aa798e0de6aa498fd77c2f”

    Bitcoinist Podcast: Episode 5 Available

    | 2016/06/09 9:23 pm
  • It’s been a bleak time for Tor in recent months. Now, with rape accusations against developer Jacob Appelbaum, it is becoming uncertain whether or not the project will be able to survive.  Also read: Hacker Sells Twitter Data Dump on Deep Web for 10 Bitcoin Ex-devs have been working with federal law enforcement to undermine the software project’s effectiveness, and changes to criminal codes could make users open to unwanted law enforcement investigation. Most recently, Appelbaum

    Tor Woes: Can the Project Survive its Recent Troubles?

    | 2016/06/09 6:03 pm
  • A new revelation about the DAO has come in from the publication Hacking, Distributed written by researchers and cryptographers Dino Mark, Vlad Zamfir, and Emin Gün Sirer. The three have written a 13-page paper describing potential attacks to the DAO ecosystem called  “A Call for a Temporary Moratorium on The DAO.” So far the DAO has raised 12.07 million Ether equivalent to $132.32 million USD at the time of writing. The DAO pre-sale is officially

    The Seven Sins of the DAO

    | 2016/05/28 6:22 am
  • Node40 has a reputation for establishing a stable hosting environment with ceaseless uptimes, and is becoming well known within the Dash ecosystem due in large part to the company’s method of incentivizing the blockchain network. Disclaimer: This article was provided by the Vanbex Group. Bitcoinist is not affiliated with the firms represented by the Vanbex Group and is not responsible for their products and/or services. Financial Reporting With Node40 However, Sean Ryan and Perry Woodin

    Node40 Financial Reporting Service a Compliance Savior?

    | 2016/05/27 9:00 am
  • Editor’s note (5-28-2016, 1:36 PM EST): This article has been amended to add a technical correction. The attackers’ method of bypassing spam filters can be detected and prevented by email gateways with sender policy framework (SPF) enabled. Locky ransomware has been infecting computers and networks all over the world in the past few months. Amazon customers have been deliberately targeted through malicious Microsoft Word documents to spread this malware. Comodo Threat Research Labs discovered this

    Amazon Spear Phishing Campaign Spreads Locky Ransomware

    | 2016/05/27 2:58 am
  • Arlington, VA – (May 25, 2016) – BTCS Inc. (OTCQB: BTCS) (“BTCS” or the “Company”), a blockchain technology focused company which secures the blockchain through its transaction verification services business, increased its Ethereum-mining hosting business to approximately 150 kilowatts (“kw”), up from approximately 50kw announced in March 2016. Disclaimer: This is a press release. Bitcoinist is not responsible for this firm’s products and/or services. BTCS Expanding Ethereum Mining Hosting “We have gained valuable expertise since

    BTCS Expands Ethereum Hosting Business

    | 2016/05/25 11:08 am
  • The topic of coding has been kicked around several times, as there is no dedicated educational program in place which teaches codes how to code. Apple CEO Tim Cook feels there is a growing need for such a platform, as it is equally as important as learning a secondary language. Also read: Blockchain-based Remittance App AirPocket Comes To Latin America Coding At A Young Age Needs To Be Stimulated Earlier today, Startup Fest was kicked off

    Tim Cook: “Coding Needs To Be A Part Of Education”

    | 2016/05/24 10:01 am
  • On May 23rd, TradeBlock announced that it is servicing an interesting trading company called Cumberland Mining. TradeBlock says it will be enabling an “order management system and execution tool set” for the enterprise. Cumberland Mining is associated with the principal trading group DRW Holdings LLC. Not much is known about  this company, but it is said that it most likely scored 27,000 bitcoins in the US Marshals Service (USMS) bitcoin auction in March 2015. Also read:

    Cumberland Mining Has ‘Won Big Bitcoin Auctions’

    | 2016/05/24 5:00 am
  • A new online magazine called The Torist has surfaced, and it wants to rectify some of the most common misconceptions regarding the deep web. Very few people are aware over half the sites on the deep web are perfectly legal under US law. Also read: Lisk Gears Up for May 24th Launch The Torist Issue One Is Available Now The term deep web has a lot of negative connotations these days, as people often associate the

    The Torist Is A Literary Magazine Hosted On The Deep Web

    | 2016/05/23 3:48 am
  • A recent security experiment conducted at the University of Illinois Urbana-Champaign goes to show how insecure freely distributed USB drives can be. Almost one in two drives were taken and plugged into a computer right away, regardless of possible consequences. Also read: Syscoin 2.0 Launches DirectBTC on Decentralized Marketplace Please Refrain From Using Unknown USB Drives There is something very appealing about goodies, especially if they come in the form of an item everybody can

    University Students Risk Ransomware Infection Through USB Drives

    | 2016/05/21 8:55 am
  • Syscoin, a cryptocurrency built for online merchants and marketplaces, has implemented DirectBTC as part of Syscoin 2.0 which builds on the features established on earlier versions. DirectBTC allows Bitcoin users to participate on the currency’s marketplace, which previously required ownership of the coin.  Also read: Pre-Order With Bitcoin Using Purse Pre New Syscoin 2.0 Features The new features allow for a decentralized marketplace where buyers and sellers can use Bitcoin for their transactions. These features will allow buyers

    Syscoin 2.0 Launches DirectBTC on Decentralized Marketplace

    | 2016/05/21 6:00 am