Bitcoin's popular design is being exploited for theft and fraud
The very design features that make Bitcoin technology appealing to its users are also weaknesses being exploited for the theft of the cryptocurrency – new research reveals.
The very design features that make Bitcoin technology appealing to its users are also weaknesses being exploited for the theft of the cryptocurrency – new research reveals.
Internet
May 17, 2017
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It's worth more than an ounce of gold right now, it's completely digital and it's the currency of choice for the cyberattackers who crippled computer networks around the world in recent days.
Internet
May 16, 2017
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Three men charged in Norway with selling drugs online have to pay back 120 bitcoins ($144,300) on top of millions in Norwegian kroner—the first time the Scandinavian country has demanded to be paid in the electronic currency, ...
Internet
Mar 10, 2017
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Researchers from North Carolina State University, Boston University and George Mason University have developed a Bitcoin-compatible system that could make it significantly more difficult for observers to identify or track ...
Internet
Feb 8, 2017
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Bitcoin, the virtual currency used by savvy techies and online black market traders, has faded from the public eye in recent months. But investor and cryptocurrency expert Adam Draper says bitcoin still has the potential ...
Internet
Nov 22, 2016
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Microsoft and Bank of America Merrill Lynch on Tuesday announced they are working together to make financial transactions more efficient with blockchain technology—the foundation of bitcoin digital currency.
Internet
Sep 27, 2016
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Hong Kong Bitcoin exchange Bitfinex announced that it had been hacked and 119,756 Bitcoins stolen which at current prices represents nearly US $69 million. Bitcoin prices dropped 20% after word of the hack became public ...
Internet
Aug 5, 2016
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No new technology since the dawn of the internet has captured the imagination like blockchain.
Internet
Jul 20, 2016
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In 2008, short of sending a suitcase full of cash, there was essentially just one way for an individual to send money between, say, the United States and Europe. You had to wire the money through a mainstream financial service, ...
Internet
Jul 18, 2016
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About $13 million in bitcoins will be auctioned in Sydney in June after Australian police confiscated the digital currency as proceeds of crime, an official said Tuesday.
Internet
May 31, 2016
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