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The news channel of China Central Television, CCTV13, reported this weekend that the Zhongyuan Oil Field Public Security Bureau of Henan Province (Henan Police) has been investigating a report filed by a bitcoin investor alleging that funds were stolen from his bitcoin wallet. Also Read: Securities Lawyers Say Barry Silbert Tweets Are Red Flags for Regulators 188 […]
The post Chinese Programmer Arrested Over ¥20 Million Bitcoin Theft appeared first on Bitcoin News.
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Cyber 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 […]
The post New Cryptocurrency Mining Bot Is Infesting Facebook Messenger appeared first on Bitcoin News.
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Do 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 […]
The post Five Ways for the Ultra-Paranoid to Store Their Bitcoin appeared first on Bitcoin News.
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The article you are about to read highlights the security of Bitcoin infrastructure and provides its in-depth analysis as compared to commonplace fiat currencies. The general perception of Bitcoin is that it is a highly secure decentralized type of currency bolstered by strong, military-grade cryptographic algorithms. Furthermore, the holder of “digital cash” doesn’t have to disclose any personally identifiable information when transacting, as opposed to providing a credit card number and security code in a regular payment scenario. It is also generally believed that although Bitcoin-related services have been breached a few times, threat actors never compromised the underlying protocol.Powered by WPeMatico
A bizarre twist on white hat hacking saw a media outlet hire security workers to hack exchanges and expose security flaws. #NEWS
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Removing the potential for a single point of failure, decentralizing gives way to three enduring principles upon which cryptocurrency rests: security, privacy, and censorship resistance. Perhaps the bitcoin community has deviated too far from these principles and, as a direct result, hacks, flash crashes, government raids and lawsuits against centralized exchanges might slow wider adoption […]
The post Championing Decentralized Exchanges, Now Might Be the Perfect Time for Bisq appeared first on Bitcoin News.
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In the world of cybersecurity, the next threat is never too far away. Over the past few years, criminals have proven on multiple occasions that they can easily outsmart security researchers and experts. This has caused a lot of problems and damage already, yet it seems things may only get worse from here on out. A new banking Trojan is capable of getting past 75% of all antivirus software on the market today. More Banking Trojan Fun for Everyone If one trend in the world of cybercrime has upset people the most, it is the success of banking Trojans. As the namePowered by WPeMatico
Now that net neutrality is dead here in America, you may be left wondering: is there anything I can do to fight this? Well, there’s a pretty strong case to be made for virtual private networks (VPNs) in light of the news, and there’s an even stronger case to be made for decentralized web protocols that run on the blockchain. Both VPNs and crypto platforms like Substratum and Golem could allow people to circumvent the potential manipulation of data access that net neutrality’s repeal may invite. Bye Bye Neutrality If you haven’t heard the news yet, we hate to break itPowered by WPeMatico
The US government has announced it now officially considers North Korea to be behind the Wannacry bitcoin ransomware cyber attack which caused billions of dollars in damages earlier this year. Also Read: Thomson Reuters Adds Bitcoin Cash to Eikon Platform Wannacry Writing in the Wall Street Journal, The US President’s Homeland Security Advisor Thomas P. […]
The post US Blames Bitcoin Ransomware Attack Wannacry on North Korea appeared first on Bitcoin News.
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South Korean cryptocurrency exchange Youbit has revealed plans to file for bankruptcy. The decision to close operations follows announcements that the exchange was hacked for the second time this year. Also Read: More Firms Entering the Bitcoin Market See Stocks Soar Second Accident in a Year Youbit announced on its website on Tuesday that it […]
The post Korean Cryptocurrency Exchange Youbit to Close After Second Hack in a Year appeared first on Bitcoin News.
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