Bitcoin Security news and trends

Copay The Bitcoin Way
Bitcoin // June 05, 2015

BitPay, the global bitcoin payment processor provider, just got a little more consumer friendly. The bit of big news that came from the company this week (June 3) is that BitPay is taking its consumer-facing bitcoin wallet out of beta and opening it up to the general public....

Bitcoin Isn’t As Anonymous As You Thought
News // December 31, 2014

Security researchers may have broken Bitcoin’s ability to let users make anonymous transactions with the cryptocurrency, according to Bank Info Security. Three researchers from the University of Luxembourg say their techniques can be used to determine the identity of anonymous Bitcoin users between 11-60 percent...

Amazon Unit Lets Expensive Downloads Happen Before Verifying Payment
News // September 16, 2014

The Amazon Audible unit lets shoppers sign up using fake payment card data, fake E-mail addresses and fake names and then permits them to download lots of audio books before it even tries to verify the payment credentials, according to a report in Gizmodo. Even...

Hacker Steals Mt. Gox Source Code, Customer Data
Alternative Finances // March 10, 2014

04 March 2014 The source code for Mt. Gox, the troubled virtual-currency exchange, has been leaked online by an anonymous hacker. Additionally, the person also disclosed to TechCrunch that he or she stole 20GB worth of customer information, including allegedly passport and other personal identification data. The...

Quick Reads
Digital Currency Exchange Suffers $2M Hack

May 17, 2016
Gatecoin, a Hong Kong-based digital currency exchange company, became the victim of a security breach that allowed hackers to get away with 250 bitcoin and 185,000 Etherium, roughly 15 percent of the firm’s crypto-asset deposits. Unfortunately, for Gatecoin and its clients, the total loss of the stolen currency equals roughly $2 million. The company confirmed […]

Bitcoin Isn’t As Anonymous As You Thought

December 31, 2014
Security researchers may have broken Bitcoin’s ability to let users make anonymous transactions with the cryptocurrency, according to Bank Info Security. Three researchers from the University of Luxembourg say their...

Amazon Unit Lets Expensive Downloads Happen Before Verifying Payment

September 16, 2014
The Amazon Audible unit lets shoppers sign up using fake payment card data, fake E-mail addresses and fake names and then permits them to download lots of audio books before...