Tag : bitcoin

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Petya – The Ransomware That Deletes Your Master Boot Record

Ransomware is getting nastier and nastier. Initially just an attempt to turn malicious software (malware) into something that is financially rewarding, ransomware works by encrypting your files and asking that you pay them (normally in bitcoins)…

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Microsoft Ends Bitcoin Support

Just over a year on from its introduction, Microsoft has quietly pulled Bitcoin support from the Microsoft Store. While the company has not made an official statement regarding the news, nor has it explained why it…

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Chrome Extension Caught Stealing Bitcoin

The Bitcoin exchange portal Bitstamp warned users over the weekend that a Google Chrome browser extension had been caught stealing Bitcoin and users should avoid the BitscoinWisdom Ads Remover extension that at the time still was…

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Hospital Pays Bitcoin Ransom to Fix Ransomware

Viruses and malware are issues for the best of us, from forgetting to scan your computer once to being baited in by that interesting link in an email, there are many ways for your system to…

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Silk Road Investigator Arrested Again!

The message we are often told is that no one is above the law. This became all too apparent last year when a secret service agent was caught stealing money in the Silk Road case. Shaun Bridges, the…

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Cryptsy on Verge of Bankruptcy After $7.5m Bitcoin Theft

Popular cryptocurrency exchange Cryptsy is on the verge of bankruptcy after the startup admitted that it had fallen victim to an online heist in July 2014, during which a total of $9.58 million-worth of Bitcoins and…

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Australian Securities Market to Begin Trading Bitcoin Shares

The Australian Securities Market (ASX) is preparing to debut the Bitcoin Group on the public market under the symbol BCG. This is seen as a potentially billion dollar opportunity by Bitcoin Group, with at least $20…

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Australian Man Arrested After Exposé Reveals He May Be the Real Bitcoin Inventor

The real inventors of notorious cryptocurrency Bitcoin could be an Australian entrepreneur and his dead friend, separate investigations by Gizmodo and Wired have revealed. Both Gizmodo and Wired have obtained evidence that point towards Sydney businessman…

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Fallout 4 Pirate Learns Expensive Lesson as Bitcoins Go Missing

You should never pirate games or software in general, that is something that we all know. There are those who can’t resist that temptation now and the, but it can end very badly and end up…

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EU Considers Bitcoin Ban After Paris Attacks

Following the tragic terrorist attacks in Paris, France on 13th November, the European Union is meeting to discuss a ban on cryptocurrency Bitcoin, according to Reuters. The move comes following unconfirmed rumours that the ISIS operatives…

DDoS Attacks

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UK E-tailers Taken Offline by DDoS Attacks

Yesterday, UK based e-tailers were the apparent victims of a DDoS attack that took Aria Technology, Novatech, and Scan Computers websites offline. Channelweb reported that Aria Taheri, the owner of Aria Technology said that after the business’s…

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Ashley Madison Hackers Leaving Behind Footprints

Hacking has been big news in recent years, with everyone from Sony to Apple having breaches and personal information released. The latest in this long stream of hacks is a website titled Ashley Madison. In case…

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California Pot Smokers to Get Their Bitcoin-Paid-For Gear Delivered by Drone

New startup Trees will deliver marijuana, bought using Bitcoin, to Californian potheads via drone. San Francisco-based Trees allows cannabis smokers to order boxes of weed online, using either a computer or a smartphone, and have it…

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Could Bitcoin Become Currency in Australia?

Australia has begun a government enquiry which could lead to Bitcoin becoming a legitimate currency within the country. The Senate Economics References Committee is considering making the cryptocurrency a regular tender, with the same standing as…

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Former Mt. Gox CEO Mark Karpelès Arrested Over Lost 650,000 Bitcoins

More than a year after troubled Bitcoin exchange Mt. Gox folded, authorities have finally moved against the beleaguered firm. Japanese police have arrested former CEO Mark Karpelès for his involvement in the collapse of the exchange. Leading up…

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Hacking Team Were Tracking Bitcoin Users

Leaked documents, published by WikiLeaks, have revealed that Italian spyware firm Hacking Team have the ability to track Bitcoin users, and have been selling the software with which to do it to third parties since January…

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A New Digital Currency In Development

Digital currencies have been gaining popularity in recent years due to the notion of a stateless payment method which is not influenced by any bank or country. This is perhaps why the big sharks are now…

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Hacking Team Employee Threatens to Put a Hit on ACLU Technologist

Hacking Team’s staff sound like a charming bunch, thanks to the hoard of internal e-mails that have been leaked – offering unethical malware services to US law enforcement, turning their noses up at human rights, and…

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Invalid Bitcoin Upgrade Causes Chaos

Relativity recent and certainly modern anonymous currency Bitcoin has somewhat botched an upgrade which has left many Bitcoin miners generating invalid data blocks. This upgrade applies to a new rule which means that certain Bitcoin mining…

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Greeks Are Flocking to Bitcoin as Banks Close Doors

Banks in Greece stayed shut on Monday as officials scrambled to prevent the country’s financial system from collapsing. Account holders were facing tough limits on what they can withdraw from ATMs, and trading in Greek stocks and…

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Failed Bitcoin Loan Must Be Paid Ruled Judge

Bitcoin is a digital currency, this means that we can get into some problems that paper currency can’t. The other problem with digital currency is that its price is extremely volatile, being able to skyrocket one…

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How Ross Ulbricht Ended up in Prison for Life

Have you heard of the Silk Road? It’s been pretty big news recently. The website was the core of “the dark web” – a side of the internet that was only accessible to the uppermost of…

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US Police Forced to Pay Bitcoin Ransom

It’s strange to think that the police force could become a victim of hackers. The strict network security implementation would make you think that they’re safe from any hacking scheme. Clearly not. Maine police departments have…

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Low Use of Bitcoin concerning Its Supporters

Despite the large number of online stores and services accepting bitcoins being over 100,000 worldwide, the volatile cryptocurrency usage remains low. Unfortunately for these supports, bitcoins decreasing value is not helping and possibly scaring away more…

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Bitcoin Value Nosedives, Forcing Mining Decline

On a steady decline for over six months, the value of Bitcoin has plummeted to $190.13, marking a 50% drop in the past month, and 25% in just the last few days. While Bitcoin is used…

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Silk Road Reloaded Moves to Obscure I2P Network Over Tor

Silk Road Reloaded, the latest version of the infamous darknet black market, has eschewed the Tor network for the little-known but more secure I2P network Silk Road, its clones, and its successors alike have opted for…

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24-Hour Bitcoin ATM Installed in Utah

Online retailer overstock.com has installed a 24-hour Bitcom ATM at its headquarters in Cottonwood Heights, Utah. Being a virtual currency, actual Bitcoins will not be withdrawable from the machine, but users will be able to convert…