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Author: Colin Harper Litepay, a Litecoin-specific payment processor, is closing up shop–until it finds a buyer, that is. According to a blog post released today by the Litecoin Foundation, Litepay CEO Kenneth Asare is ceasing all operations in preparation to sell the company. The post continues to convey that, prior to the company’s closure, Asare […]
At Think 2018, IBM has announced developing world’s tiniest computer that will cost less than ten cents to manufacture and can monitor, analyze, communicate, and even act on data. Think 2018 is IBM’s flagship annual conference that commenced on March 19. At the event, the company introduced its newest, innovative ventures including the first prototype […]
Author: Alex Moskov What is Litecoin? Litecoin (LTC) is a decentralized peer-to-peer cryptocurrency that was released on October 7th, 2011 and went live on October 13th, 2011. The silver to Bitcoin’s gold. Bitcoin’s little brother that doesn’t get out much. These are just a few of the things you might hear being tossed around when […]
Tor proxy owners are replacing Bitcoin payment addresses to divert payments from ransomware victims to their own wallets. The IT security researchers at Proofpoint have discovered a new type of attack/scam in which cybercriminals are becoming victims of other cybercriminals – In this attack, cybercriminals are found using Tor proxy sites to steal Bitcoin which were originally […]
Another day, another ransomware scam but this time scammers are tricking users by introducing them to a cryptocurrency called “SpriteCoin” that does not exist in reality. The IT security researchers at Fortinet have discovered a new ransomware scam in which hackers claim to introduce a new ‘profitable’ cryptocurrency SpriteCoin and ask a targeted victim to download its wallet […]
Bitcoin is one of those cryptocurrencies whose value has rapidly increased making it a lucrative target for cybercriminals and hackers. That is the reason we often read about scams including malware, phishing or malicious apps aiming at cryptocurrency exchanges and investors. Kidnapping On December 26th, 2017, Russian blockchain expert Pavel Lerner, one of the employees at Exmo cryptocurrency was kidnapped in Kiev, […]
Who wouldn’t be willing to acquire the digital cryptocurrency which currently values at around $16,900? But some people prefer to choose the bad way. The social engineers around the world are also filled with greed – a trait found in many humans. According to phishing tracking service CheckPhish, there has been a rise in the […]
Another day, another cryptocurrency wallet hacked – This time; it is Blockchain Wallet CoinPouch. CoinPunch, a Plano, Texas-based company providing multi-currency crypto wallets announced on Twitter that it suffered a breach in which one of its nodes that stored Verge currency got affected and resulted in the loss of user’s funds. We discovered a hack of a @vergecurrency […]
Tether, a start-up firm known for offering dollar-backed cryptocurrency has announced that hackers have breached their security and stole a whopping $30 million worth of tokens. The breach took place on 19th November 2017 while the news of it was announced earlier today. What happened “Yesterday, we discovered that funds were improperly removed from the Tether treasury wallet through malicious action […]
As surprising and unbelievable as it sounds, it is indeed true that a single user has managed to jeopardize lives of countless individuals by permanently locking down dozens of multisignature digital wallets simply by accidentally deleting the code needed to access the wallets. The wallets were hosted by Parity Technologies; the company admitted that the […]
Introducing The Coco Framework A growing number of companies are showing interest in block chains, but the underlying software does not meet key business requirements such as performance, confidentiality, governance and required processing power. However, Microsoft wants to help solve these problems and make it easier for companies to build their networks using any distributed […]
Sure seductive narratives have taken preserve is what is going on. those narratives, in its maximum extreme versions, says that cryptocurrencies today are just like the internet in 1996: not simply new technologies however an intensive new kind of technology, belittled or disregarded with the aid of by means of maximum of, which has slowly […]