Bitcoin

Pierluigi Paganini May 02, 2016
Now we know the identity of Satoshi Nakamoto, the Bitcoin inventor

The mystery about the identity of Satoshi Nakamoto, the founder of the Bitcoin currency scheme, seems to be resolved, the man is Craig Steven Wright. The mystery about the identity of Satoshi Nakamoto, the founder of the Bitcoin virtual currency scheme, seems to be resolved, the man is the Australian entrepreneur Craig Steven Wright. Craig Wright publicly […]

Pierluigi Paganini February 16, 2016
Approximate machine improves the Bitcoin mining by 30 percent

A team of Illinois-based scientists have conducted a research to improve the Bitcoin mining process by 30 percent. Bitcoin mining is becoming a process even more costly in terms of computational resources, but a team of Illinois-based researchers have conducted a study to speed up this process. The group of scientists led by Indian Scientist […]

Pierluigi Paganini January 16, 2016
Senior Bitcoin developer expects a failure of the currency

Mike Hearn explains that the fundamentals are broken and the price the long term trend should probably be downwards. Mike Hearn, a senior Bitcoin developer explained the failure of the Bitcoin cryptocurrency as experiment and announced he has stopped working on it and sold his coins. Hearn blamed the community for the failure, according to the […]

Pierluigi Paganini January 13, 2016
Law Enforcement raided DDoS extortion group DD4BC

The Europol announced the arrest of two individuals suspected of being tied to the DD4BC criminal group specialized in extortion activities. According to a press statement issued by the Europol, in December a joint operation of law enforcement from Austria, Bosnia and Herzegovina, Germany, and the U.K. allowed the identification and the arrest of two […]

Pierluigi Paganini December 09, 2015
Is he Satoshi Nakamoto? Australian Police raid home of the alleged Bitcoin father

While media announced to have found the real identity of the Bitcoin creator Satoshi Nakamoto, Australian police raided his home in Sidney. A few hours after the media indicated the Australian expert Craig Steven Wright as the possible man behind the popular name Satoshi Nakamoto, the anonymous creator of Bitcoin, the Australian Police raided his home in Sydney. […]

Pierluigi Paganini November 20, 2015
EU plans to ban Bitcoin to curb terrorism funding

According to a draft document seen by the Reuters the EU plans to ban bitcoin and any form of anonymous payment online to curb terrorism funding. European Union countries are planning to ban virtual currencies and any form of anonymous payments online, even through pre-paid cards. According to a draft document seen by journalists at […]

Pierluigi Paganini November 17, 2015
Discovered an ISIL Bitcoin Address containing 3 Million dollars

Hackers of the anti-Terrorism group Ghost Security Group have discovered ISIL militants had a bitcoin address containing 3 Million Dollars. We have been dismayed by the recent Paris attacks, fear, disgust and anger are the emotions that many of us have felt seeing the images from the France. While the Islamic State (ISIS) was claiming the […]

Pierluigi Paganini October 08, 2015
Someone could break the Bitcoin Network on demand

Researcher with the pseudonym of “Alister Maclin” claims to be able to break Bitcoin network on demand by running the malleability attack. According to MotherBoard, a researcher with the pseudonym of “Alister Maclin” claims to be able to break Bitcoin on demand. The experts detailed a technique of attack dubbed malleability attack that could allow attackers […]

Pierluigi Paganini September 11, 2015
Cyber criminal crew DD4BC extorts businesses via DDoS

According to a report recently issued by Akamai, the DD4BC criminal group has been responsible for at least 114 DDoS attacks on its customers. According the Akamai firm, the criminal crews known as DD4BC has carried out at least 114 DDoS attacks with an average peak bandwidth of around 13.34 Gbps on its customers since April […]

Pierluigi Paganini September 07, 2015
Ashley Madison Users victims of extortion and phishing

Security researchers have observed a spike in extortion attempts and phishing campaigns against the Ashley Madison users … are they effective? The hack of the Ashley Madison website has demonstrated us how much dangerous could be a cyber attack against a website that manage sensitive and confidential information of millions users. The disclosure of the Ashley Madison dump has […]