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Posts Tagged ‘Bitcoin’
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October 21, 2016

Breathe Easy Bitcoiners, Quantum Computing No Match For Sha-2 Encryption

Worried about security for your bitcoin in the face of quantum computing? According to computer researchers, there’s no reason to be.

Some people assume that once quantum computing comes along modern encryption technologies will be outpowered. But experts are starting to posit that hash functions and asymmetric encryption could defend not only against modern computers, but also against quantum attackers from the future.

Matthew Amy from Canada’s University of Waterloo proposes just this in a paper by the International Association of Cryptologic Research.

Amy, and researchers from Perimeter Institute for Theoretical Physics and the Canadian Institute for [...]

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October 20, 2016

Metals Wants to Solve Payments for the Unbanked with the Bitcoin Blockchain

Editor’s note: Headline altered to reflect Metal’s endeavor to bring payments for the unbanked via the bitcoin blockchain.

Hacked discussed with Marshall Hayner the evolution of his startup, called Trees. Once focused on  delivering marijuana by drone – a la Snoop Dogg’s big music via drone push – the service has since been put on hold as Hayner develops Metal, a consumer-friendly approach to melding the world of high-risk payments, rewards and blockchain technology.

What’s on the agenda for Metal in the coming months?

MH: We will be unveiling our payment processing platform, which uses blockchain technology to solve a lot of problems in [...]

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October 18, 2016

This is the Definitive Crypto Hardware Bitcoin Wallet

TREZOR is one of the best-respected Bitcoin hardware wallets in the industry.

With years of research and development on their side, CEO Alena Vranova working with her team SatoshiLabs is developing TREZOR 2, which the startup says will bring new hardware features to make use easier and more comfortable by introducing a bigger display and an entirely new software stack.

“It becomes super easy to develop any TREZOR security applications or to integrate them into the current systems,” Vranova told Hacked. “The knowledge of Python or JavaScript will be enough for people to code with / for TREZOR.”

Alena Vranova

TREZOR, which is also [...]

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October 6, 2016

Alleged Bitcoin Thief in Dark Web Phishing Scheme Arrested

A man accused of stealing bitcoin from darknet marketplace accounts after tricking users to reveal their credentials via a phishing scheme has been arrested and sees multiple marches.

Michael Richo, a 34-year-old from Wallingford, Connecticut was arrested yesterday by the FBI following a criminal complaint against him.

The complaint alleges that Richo devised an online phishing scheme to steal bitcoins from several individuals on the dark web, according to a notice by Department of Justice (DOJ).

Richo’s phishing scheme saw at least 10,000 stolen usernames and passwords saved on his computer, the complaint alleges.

Lucrative Phishing Hole

Targeting an [...]

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