U.S. Marshals Auctioning Off Seized Silk Road Bitcoins

If any further evidence was required that up is down and black is white, the United States government is now in the business of selling Bitcoins. At least for one day. The U.S. Marshals Service is planning to hold a one-day auction on June 27 to sell nearly 30,000 Bitcoins the government seized i...

Google Removes Bitcoin Mining Android Malware from Play

Google recently removed five bogus wallpaper apps from its Play marketplace after they were deemed malicious and found sneakily mining Bitcoins. The malware, dubbed BadLepricon, was spotted funneling Bitcoin into wallets and allowed the attacker to change mining pools easily to maximize the minin...

Android Bitcoin-Mining Malware found on Google Play Store

Google always bound to face trouble over the wide and open nature of its app checking policies on Google Play Store, and despite so many security measures, the search engine giant mostly fails to recognize the Android malware that are lurking around its Google Play store in vast numbers. Recently...

Android Malware Mines Digital Cryptocurrency

On its surface, the idea of turning a smartphone into a cryptocurrency mining machine sounds novel. But practical and profitable? Not so much. That hasn’t stopped thieves from corrupting a number of popular Android applications for just that purpose, including two on the Google Play store called...

Linux Worm targets Internet-enabled Home appliances to Mine Cryptocurrencies

Could a perfectly innocent looking device like router, TV set-top box or security cameras can mine Bitcoins? YES! Hackers will not going to spare the Smart Internet-enabled devices. A Linux worm named Linux.Darlloz, earlier used to target Internet of Things IoT devices, i.e. Home Routers, Set-top...

Satoshi Nakamoto - The Mysterious Bitcoin Creator finally identified in California

'Satoshi Nakamoto', the mysterious founder and creator of the biggest digital cryptocurrency 'Bitcoin' has reportedly been unmasked as a 64-year-old father of six living in Temple City, Southern California. Satoshi Nakamoto introduced Bitcoin to the world in 2008, but his identity has remained...

CoinThief Bitcoin Trojan Found on Popular Download Sites

Phony Bitcoin ticker apps hosted on popular sites Download.com and MacUpdate.com are fronts for the OSX/CoinThief Trojan, which was built to steal Bitcoin wallet credentials and keys, and to date has drained a small number of accounts. SecureMac lead developer Nicholas Ptacek said new variants of...

Cyber criminals targeting another cryptocurrency 'Primecoin' with malicious miners

Like Bitcoin, There are numerous other cryptocurrency similar in nature, including MasterCoin, ProtoShares, Litecoin, Peercoin, BitBar and many more. One of them is Primecoin sign: Ψ; code: XPM, a peer-to-peer open source cryptocurrency that implements a scientific computing proof-of-work system...

PrisonLocker Ransomware Emerges From Criminal Underground

Security researchers from Malware Must Die uncovered new ransomware called PrisonLocker, and said the malware author is either a legitimate security researcher or is posing as one via a personal blog and Twitter handle. Malware Must Die has monitored PrisonLocker’s development since spotting it f...

World’s largest Bitcoin Poker website hacked, 42000 user passwords leaked

World’s largest Bitcoin poker website 'SealsWithClubs' has been compromised and around 42,000 users' credentials are at risk. Seals With Club has issued a Mandatory Password Reset warning to their users, according to a statement published on the website. The service admitted their database had be...

$100 Million Worth of Bitcoins Stolen

UPDATE: As if Bitcoin malware and Bitcoin mining malware weren’t enough to worry about, there was more trouble for the users of the digital crypto-currency last week as 96,000 Bitcoins disappeared from the Sheep Marketplace. Bicoin’s value has surged in recent weeks, peaking at an astonishing...

Danish Bitcoin exchange BIPS hacked and 1,295 Bitcoins worth $1 Million Stolen

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Gaming Company Settles on Bitcoin Mining Allegations

The ESEA League, an online competitive gaming community, has decided to settle with the state of New Jersey after the acting attorney general there alleged that the gaming community operator infected user-machines with malware designed to mine Bitcoins. The league is owned and managed by E-Sports...

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...