Search Results for: crypto hack
Is this the end of Bitcoin anonymity? EU plans database of Bitcoin Users
July 28th, 2016
The European Commission is proposing the creation of a database that will hold information on those using virtual currencies and that will record data on the users’ real-world identity, along with all associated wallet addresses. This is the first proposal ...
Possible Consequences of Brexit on the FinTech Industry
June 29th, 2016
Financial Technology (FinTech) is an economic ecosystem or industry consisting of companies, mainly startups, that employ technology in an innovative way in order to improve the way that financial services operate, e.g. payments and transfers, auditing, contracts, policy enforcement, ...
Everything you need to know about Bitcoin and the new contender Ethereum
June 23rd, 2016
Well, if we leave the EU and the Pound plummets, there’s always Bitcoin,” a glum currency trader joked last week. “Assuming our computers still switch on after Brexit.” He was being facetious. But then the king of all currency ...
Bitcoin to be sold in Australian newsstands over the counter
June 3rd, 2016
Australians will soon be able to buy some Bitcoin along with the newspaper and a pack of gum. Launching Thursday, a new initiative will help people buy Bitcoin with cash at around 1,200 newsagents nationally, Fairfax Media reported. The ...
The Five Most Useful Properties of Bitcoin
June 2nd, 2016
Bitcoin has received plenty of hype as the money of the future over the past few years, but what are the properties of this digital asset that set it apart from everything else on the market? What are the ...
Arrests And Prosecutions Reveal Big Vagaries In Bitcoin Selling Regulations
May 23rd, 2016
U.S. laws governing bitcoin trading are vague and sometimes lead to complicated law enforcement actions, according to an article in Fast Company magazine. Anti-money laundering laws require exchanges to verify customers’ identities, but what constitutes an exchange can sometimes be unclear. ...
A beginner’s guide to bitcoin: What you need to know
May 12th, 2016
When Craig Wright claimed he invented bitcoin, it put the mysterious currency back in the spotlight. But while it’s generated a furore in the community of underground hackers and crypto-anarchists, most people are bemused by all the fuss. What is ...
5 reasons Why someone would use Bitcoin
April 28th, 2016
It has now been eight years since Satoshi Nakamoto released his peer-to-peer digital cash system to the world, and the debate over whether or not the payment network and currency have any real, long-term value is still undecided. Having said that, ...
Password cracking attacks on Bitcoin wallets net $103,000
February 16th, 2016
Hackers have siphoned about $103,000 out of Bitcoin accounts that were protected with an alternative security measure, according to research that tracked six years’ worth of transactions. Account-holders used easy-to-remember passwords to protect their accounts instead of the long cryptographic ...
Bitcoin: A 21st Century Currency Explained By a Wall Street Veteran
February 8th, 2016
Jason Leibowitz is a former Wall Street professional who pivoted careers in 2014 to focus full-time on digital currency. In this paper, Leibowitz answers questions about how bitcoin was created, how it works and why it matters. It has been ...