Archive for August, 2016


Banks Still Losing Money through SWIFT Attacks

It has been half a year since the now infamous bank heist that saw the Bangladesh Central Bank lose over $ 80 million from its New York Federal Reserve account. Hackers were able to exploit the bank’s lax security framework with SWIFT transfers, at the time. Things haven’t changed much, SWIFT privately disclosed to its […]

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Baidu Ban Makes Bitcoin’s Fate Unknown in Its Largest Market

The ban of all bitcoin and virtual currency-related advertising from the online portals of China’s largest search engine, Baidu, has thrown the fate of cryptocurrencies into a dicey state in the world’s largest market for bitcoin trading and mining. As China literally controls the bitcoin market, this move is likely to have a multiplier effect on the entire ecosystem. Though the reported […]

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Amid Blockchain Hype, Is There Still a Place for Litecoin? – CoinDesk

CoinDesk Amid Blockchain Hype, Is There Still a Place for Litecoin?CoinDeskOnce heralded as the "silver to bitcoin's gold", the developers behind the long-running digital currency litecoin are seeking to reestablish the project's prior position as the world's second most popular cryptocurrency. Breaking a long lull in project …and more » litecoin – Google News

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Bitcoin users have been warned about a potential attack by government hackers – Business Insider

Business Insider Bitcoin users have been warned about a potential attack by government hackersBusiness InsiderPopular bitcoin information site Bitcoin.org has been updated with a message urging users to take care when updating their software: "Bitcoin.org has reason to suspect that the binaries for the upcoming Bitcoin Core release will likely be targeted by …Bitcoin.org Warns […]

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Lightning Network Deep Dive with Laolu “Roasbeef” Osuntoken at SF Bitcoin Devs

submitted by /u/Onetallnerd [link] [comments] Bitcoin News Feeds Today

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‘Grumpy hold-outs’ could sink Bitfinex recovery plan after Bitcoin theft – Reuters

Reuters 'Grumpy hold-outs' could sink Bitfinex recovery plan after Bitcoin theftReuters2 that hackers had stolen 119,756 bitcoins from some clients' accounts, the second-biggest such hack in dollar terms, and later said it would spread the losses across all its customers, whether or not they had been hacked or even held bitcoin.Hong Kong hack highlights weak […]

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IBM Proclaims the Arrival of a New Economic Revolution

International Businesses Machines (IBM), an employer of half a million with a yearly revenue of more than $ 80 billion, has shared an infographic which states that the industrial internet of things is the next economic revolution. According to the IoT infographic, low-cost sensors, and long range wireless technology have combined to give rise to […]

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Theft And Mayhem In The Bitcoin World – Forbes

Forbes Theft And Mayhem In The Bitcoin WorldForbesThe schadenfreude of Bitcoin enthusiasts over Ethereum's recent troubles ended abruptly last week. A major Bitcoin exchange, Bitfinex, was hacked and nearly 120,000 BTC (around $ 60m) was stolen. The price of Bitcoin promptly crashed, and Bitfinex was …Bitcoin Losses to Hit All Users of Hacked Exchange BitfinexWall Street […]

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