Questions Arise About Bitcoin Security Paper

In the wake of the publication of a new academic paper that says there is a fundamental flaw in the Bitcoin protocol that could allow a small cartel of participants to become powerful enough that it could take over the mining process and gather a disproportionate amount of the value in the system...

FBI Seized 144,000 Bitcoins worth $28.5 Million From Silk Road Bust

The world's favorite crypto-currency has made rounds in the headlines this week. The FBI had managed to seize 144,000 Bitcoins worth some $28.5 million at current exchange rates from Silk Road's founder, that's the largest ever seizure of the cryptocurrency. Bitcoin is an open-source,...

FBI Seized 144,000 Bitcoins worth $28.5 Million From Silk Road Bust

The world’s favorite crypto-currency has made rounds in the headlines this week. The FBI had managed to seize 144,000 Bitcoins worth some $28.5 million at current exchange rates from Silk Road's founder, that's the largest ever seizure of the cryptocurrency. Bitcoin is an open-source,...

Bitcoins - Secured by NSA designed Encryption or Backdoored ?

It's been nearly three months since Edward Snowden started telling the world about the National Security Agency's mass surveillance of global communications. After the last week report that the National Security Agency has leveraged its cooperative relationships with specific industry partners to...

Bitcoin Wallets on Android Vulnerable to Theft

Bitcoin wallets on the Android platform are vulnerable to theft after a vulnerability was discovered that could allow an attacker to guess a private key used to secure transactions involving the virtual currency. A post to a Bitcoin forum over the weekend pointed to a report of one address having...