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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 … Read more
A bizarre twist on white hat hacking saw a media outlet hire security workers to hack exchanges and expose security flaws. #NEWS Go to Source Powered by WPeMatico
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 … Read more
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. … Read more
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 … Read more
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. … Read more
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 … Read more
The crypto journal ForkLog says the Ukrainian Security Service raided their CEO’s apartment and office in Odessa, seizing hardware and funds. Go to Source Powered by WPeMatico
If the safety of your bitcoins is keeping you awake at night, perhaps it’s time you considered a more secure solution. Exchanges can be hacked, smartphones can die, and hardware wallets can be lost. For the ultra-paranoid, there’s only one storage option that’s impregnable to all known attack vectors – the brainwallet. If you get … Read more
