Browsing tag

Bitcoin

How to make a QR code to accept Bitcoin while keeping it secure

If you are planning on maintaining a Bitcoin-friendly business, or just want to have an easy way of receiving crypto payments, you might want to consider the possibility of making yourself a QR code for easy Bitcoin transactions.  What’s a QR code? A QR code (quick response code) is a sort of barcode that can […]

UPbit cryptocurrency exchange hacked; Ether worth $50 million stolen

The popular South Korean cryptocurrency exchange UPbit has suffered a massive hack attack in which hackers have stolen 342,000 Ethereum (ETH) which at the time of publishing this article amounts to $51 million. The incident has ignited a series of reactions from industry bigwigs mainly blaming the company’s employees for the unfortunate incident. As noted […]

Nursing homes affected by ransomware infection. Hackers demand 14M USD payment

Over a hundred nursing homes in the US have had their operations crippled because the company providing them with technology services has become victim of a severe ransomware infection. According to information security specialists, threat actors, allegedly Russian hackers, demand a ransom of more than $14 million USD. The affected company is Wisconsin-based Virtual Care […]

“Fake” Windows 10 Update Installs “Cyborg” Ransomware

The latest Windows 10 November 2019 Update has begun rolling out for users. But some evil minds didn’t spend much time in taking advantage of the situation and deliver infected and fake Windows Update to the users. A new ransomware campaign has been discovered by the security researchers at SpiderLabs (via TechRadar). The fake Windows […]

How to enhance your cryptocurrency trading?

A cryptocurrency is anything that exists in a binary format designed as an internet-based medium of exchange which uses strong cryptographic functions to conduct financial transactions. Cryptocurrencies use blockchain technology to an extent to gain decentralization, transparency, and immutability. Cryptocurrencies are a digital gold mine. A form of online money that is secure from political […]

Ways To Manage Cybersecurity Threats Relating to Cryptocurrency

Cryptocurrency may be on the verge of taking over the world economy. It has drawn much attention from people around the world owing to its private and decentralized operation. Moreover, the niche holds tremendous potential for technological advancements. While it provides significant convenience to the world community, it also opens up new ways for larcenists […]

Fake Tor browser stole Bitcoins from dark web users

The fake version was targeting users for years. Cryptocurrencies like Bitcoin, anonymity-retaining browsers like Tor and underground platforms like the Dark Web have offered users a great opportunity to carry out their nefarious deeds online without getting caught. However, tables have turned now as hackers and spammers aren’t sparing Dark Web users. Reportedly, a malicious […]

Researchers Are Developing A Nearly “Zero Energy” Bitcoin Alternative

We are way past the cryptocurrency boom that made Bitcoin one of the world’s fastest-growing currencies. One of the downsides of Bitcoin is that mining a single Bitcoin requires a large amount of energy and thus it bumps the amount of carbon dioxide released in the process. According to a report by IEEE Spectrum, processing […]

There is no cash at ATMs in Hong Kong; citizens are buying Bitcoin because of new law in China

Social protests and government attempts to disrupt them can have unexpected consequences in different areas, including on new technologies. Information security experts report that ATMs in Hong Kong are running out of cash due to the possibility of China’s government taking highly intrusive and authoritarian measures to stop recent demonstrations and prosecute those responsible for […]

Sale: 30% discount on Bitcoin, Ethereum and Litecoin value

The cryptocurrency community has taken a hit that will be difficult to recover from. Information security specialists report that the cryptocurrency market is in crisis, as the price of Bitcoin has fallen more than 10% due to the little interest generated by the start of activities of Bakkt, the trading platform of virtual assets of […]

New Linux malware is evading detection to mine cryptocurrency

Dubbed Skidmap by researchers; the Linux malware mines cryptocurrency and drops backdoor – All that without being detected. The perception cryptocurrencies have created today ranges from them being a “flat out scam” to an innovative piece of technology in the new age. While our understanding of the latter is clear, the former needs some light […]

Authorities arrest culprits for crypto mining at Ukraine nuclear plant

Crypto mining the “Wrong way” – In a nuclear facility. Cryptocurrencies have lately been surprising everyone with their potential and causing a lot of headaches too – particularly for governments and regulatory agencies. But sometimes the reason isn’t their massive potential to undermine government currencies as in the case of the USA or their use […]

85% Of Total Bitcoins On Earth Have Already Been Mined, What’s Next?

1st August 2019 is an important day in the cryptocurrency industry because as of today, 85% of the total Bitcoin supply has been mined. Now, we can only mine 3.15 million new Bitcoins in the next 120 years. Satoshi Nakamoto, the alleged creator of Bitcoin, did a smart move by limiting the total number of […]

Guy Transforms Windows XP Into A Bitcoin Blockchain Machine

Windows XP might have gone a long time ago, but every now and then we get to see glimpses of the good old operating system. In the latest one, a developer has managed to run Windows XP on a Bitcoin SV blockchain and put it on the internet as a website. You can play around […]

5k Bitcoin ATMs worldwide allow money laundering for drug trafficking

The Spanish authorities have stated that the legislation currently in existence in the European community is inadequate and insufficient to prevent the use of Bitcoin ATMs in order to launder money, as mentioned by digital forensics specialists. Various media report that the Spanish government has reached this conclusion after investigating the legal status of cryptocurrency […]

Donald Trump Hates Bitcoin And Wants It To Be Regulated

If it’s not apparent from the title then here it is once again: Donald Trump hates bitcoin and other forms of cryptocurrencies as well, including Facebook Libra. He is suggesting that these bitcoins are not real money and that the US dollar is the only real currency in the United States of America. However, he […]

Solving This Math Equation Could Help You Steal $200 Billion In Bitcoin

Math enthusiasts definitely know about the famous P vs NP problem and how it is an unsolved problem till date. However, if the un from the unsolved is removed, it could help you ‘steal’ around $200 billion in bitcoin. This has been suggested by theoretical computer scientist Scott Aaronson during a lecture at Los Alamos […]

Millions of dollars in cryptocurrency lost in a matter of hours

Experts in IT systems audits report that, over the last 24 hours, the total value of the cryptocurrency market dropped from $386 billion USD to $328 billion USD; Bitcoin reduced its value from $13.8k USD to $10.5k USD per unit. After showing a high level of resistance to the effects of this widespread fall and […]

Crooks steal $28M in crypto using Google Adwords & spoofed domains

Authorities arrested six suspects including five males and one female in simultaneous raids carried out in a joint operation. The raids and subsequent arrests were carried out to trace $28 million worth of stolen Bitcoin.  The raids were conducted as part of a 14-month long, large-scale, global police investigation involving European law enforcement agencies including […]

This Image Holds $70,000 Worth Bitcoin; You Just Have To Find It!

Bitcoin has been on a constant surge for the past few days and the digital cryptocurrency recently crossed the $10,000 mark, which is a feat considering the rapid decline it faced after 2018. If you stopped investing money in Bitcoin after its steep fall, here’s your chance to earn $70,000 worth of Bitcoin by simply […]