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Dark Web & Blockchain Startups Develop Fraud Detection Technology

October 15, 2016 by Joseph Young at Bitcoin, News, Tech

Dark web data intelligence provider Terbium Labs and blockchain analytics startup Skry have entered into a strategic partnership to develop a fraud and illicit transaction detection technology for cryptocurrencies including bitcoin. Since early 2016, the bitcoin industry has seen a rapid emergence of government- and law enforcement-backed bitcoin untangling software...

Blockchain Technology is on the U.S. Military’s Radar

October 15, 2016 by Alex Lielacher at News, Tech

The blockchain, the public ledger technology that underlies the cryptocurrency bitcoin, has been hailed as a technological innovation that is predicted to be even more impactful as the Internet. While there has been skepticism concerning the potential of blockchain technology, this prediction is starting to look increasingly believable. Financial institutions...

FBI’s Attack on Encryption; Economists Condemn Bitcoin

October 3, 2016 by Joseph Young at Altcoins, Bitcoin, News, Tech

At the Symantec Government Symposium in Washington DC, FBI Director James Corney released the agency’s strategy to “break” data encryption methods in 2017. Leading economists including Nobel-winning Joseph Stiglitz have also praised the government’s efforts of “shutting down” cryptographic networks like Bitcoin. Most financial institutions, leaders, and economists believe that...

MGT Capital Announces Ambition to Lead Bitcoin Mining

September 16, 2016 by Jamie Holmes at Bitcoin, News, Tech

MGT Capital Investment Inc., headed by cybersecurity pioneer John McAfee, recently announced the launch of its Bitcoin mining operation, stating that it has reached phase one with a larger than expected 2.6 PetaHash of processing power. At present, the facility is mining 90 bitcoin per month and is preparing to...

The Evolving World of Wallet Security: Enter Airbitz

September 11, 2016 by Michael Scott at Bitcoin, News

Wallet security and passwords continue to stir up a lot of buzz in the bitcoin community. Given that digital wallet breaches are on the minds of many, new security protocols have emerged as a big area of emphasis for bitcoin service providers seeking to mitigate cases of lost or stolen...

Dash Versus Monero is not a Debate we Should be Having

September 6, 2016 by James Ryan Moreau at Altcoins, Commentary, News

On the principle of what makes a cryptocurrency valuable, both Dash and Monero have a lot to offer over bitcoin and the other top market-capitalized digital currencies. They are both incredibly small in comparison to Bitcoin’s market capitalization and adoption level. But every great idea has to start somewhere. Where...

Shadow Project Releases ‘Umbra’; Wallet, IM and Marketplace All in One

September 6, 2016 by Jamie Holmes at Altcoins, News, Price Analysis, Tech

With the rise of privacy-centric cryptocurrencies such as DASH and monero, another cryptocurrency to keep an eye is ShadowCash (SDC). The project aims to not only be the best anonymous payment mechanism, but also to create an all-in-one software platform for a completely private, decentralized, and free economy. Today, as...

’51 Percent Attack’ Hits Krypton, Moves to PoS

September 6, 2016 by Michael Scott at Altcoins, News, Tech

Krypton (KR), an Ethereum-based blockchain that develops immutable Smart Contracts and Apps for businesses and the Internet of Things was hit with a '51 percent attack' on August 26, a breach that some believe to be a prelude for potential future attacks. Since that time, Krypton successfully repelled a third...

U.S. Department of Homeland Security To Create Bitcoin Deanonymization Tool

September 3, 2016 by Joseph Young at Bitcoin, News, Tech

The crackdown on the darknet marketplace Silk Road and other criminal cases involving bitcoin has proven that the cryptocurrency in nature is not anonymous. Using state resources, the U.S. Department of Homeland Security (DHS) Science and Technology Directorate stated that it intends to create a bitcoin deanonymization tool with the...

Department of Homeland Security Awards $1.3 Million to Small Businesses for Cybersecurity Research and Development

August 18, 2016 by Nuno Menezes at News

On August 12, the Department of Homeland Security (DHS) Science and Technology Directorate announced it has awarded $1.3 million to 13 small businesses to support the development of new cyber security technology. In December 2015, the DHS Science and Technology Directorate announced a Small Business Innovation Research (SBIR) Program. Since...

Blockchain Predictions for 2017: Identity, the Next Killer App

August 18, 2016 by Amy Castor at News

Identity may be the killer app that pushes blockchain technology into mainstream consumer use. That was one of the predictions at the Blockchain Conference in New York on Wednesday, where panelists took a look at the future of cryptocurrencies and the blockchain. Left to Right: Meeta Yadav, blockchain chief data...

Managing Our Identity, Block by Block: Interview Armin Ebrahimi, Shocard

August 17, 2016 by Michael Scott at Interviews

Whether be it be a driver’s license, birth certificate, passport or another form of identification, managing and storing our private documents in a secure manner can be an immense task. Moreover, the act of carrying a physical document that can be easily lost or stolen is a growing concern. With...

Mysterious Group Claims They Hacked NSA, Asking for 1 Million Bitcoin

August 16, 2016 by Amy Castor at News

It could be true. We don’t know for sure yet, but it looks like a mysterious group by the name of “Shadow Brokers” may have hacked the Equation Group, a sophisticated cyber attack group with possible links to NSA. In an odd twist, the hackers are asking for 1 million...

Sage Breach Highlights Need for Blockchain

August 15, 2016 by JP Buntinx at News

The payroll is one of the most valuable secrets a company has control over every single day. Most companies keep persona details and bank account information of their employees in a centralized database. Sage, a UK accountancy software group, was recently breached, resulting in the theft of sensitive data. A...

Cryptocurrency Mining Virus Targets Linux Machines

August 15, 2016 by Amy Castor at News

Linux machine users running the popular Redis NoSQL database beware. A new Trojan dubbed “Linux.Lady” has been found in the wild, and she’ll turn your computer into a mining rig without your knowing. Up to 30,000 Redis servers may be vulnerable due to a lack of default securities on Redis...

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