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The BTC-Colonial Pipeline FUD Gives A Lesson On Bitcoin Security
8.6.2021
There is an abundance of FUD (fear, uncertainty, doubt) the Cryptoverse is fighting to debunk today - after millions of USD in bitcoin (BTC) was allegedly seized, used as ransom in the US Colonial Pipeline ransomware attack in early May. One of these flames being put out today is that Bitcoin...
The Reported Number of Stolen BTC Drops by 92% as ‘Bitcoin Security Appears to Be Improving’
6.1.2021
The number of stolen bitcoins that were publicly reported in 2020 dropped to 4,472 coins or 0.02% of the digital asset’s circulating supply. This new figure represents a 92% drop from the 56,870 reported in 2019. When using current bitcoin prices, the 2020 thefts caused losses that...
Mempool Clog: Bitcoin Hashrate Drops 40%, Backlog Shows Over 100K Unconfirmed Transactions
29.10.2020
The Bitcoin network hashrate has dropped significantly over the last four days sliding from a high of 161 exahash per second (EH/s) to 90 EH/s on October 27. Today, the Bitcoin hashrate has improved a hair as the network’s security is currently hovering around 100 EH/s. However, the mempool...
Bitcoin Security 101: How to Create a 2 of 2 Multi-Signature BCH Wallet
21.7.2020
In the world of cryptocurrencies, there’s a lot of discussions and lessons when it comes to digital asset security and one of them is multisig wallets. The term multisig stands for multi-signature and the following post will teach anyone how to create a 2 of 2 multisig wallet. Years...
The BCH Question: How to Recover After $30M Hack and Mining Tax Row?
1.3.2020
Security expert backs BCH following $30-million hack: “BCH is based on the same principles as BTC. The most vulnerable element is still a human.”
Peter Schiff Loses Bitcoin Wallet Access; Questions Bitcoin Security
20.1.2020
Peter Schiff, the well-known economist, financial broker, and gold bug, took the crypto community in a blow by announcing that he has lost access to his Bitcoin wallet making his BTC assets shockingly worthless. On January 19, 2020, through his official Twitter handle, Peter affirmed that...
Report: Crypto-Related Fraud and Theft Resulted in $4.4B Loss in 2019
27.11.2019
According to CipherTrace’s latest report, the total volume of crypto-related fraud and theft resulted in losses worth $4.4 billion in 2019
‘Unknown Fund’ to Donate $75M in Bitcoin to Crypto, Anonymity-Focused Startups
14.11.2019
An anonymous organization dubbed Unknown Fund will contribute $75 million in Bitcoin to startups promoting personal data protection, cryptocurrencies and blockchain
Binance CEO: New Wallet Security Solution ‘Far Superior’ to Multi-Sig
6.11.2019
Binance CEO CZ says that “TSS” — a new cryptographic protocol — is far superior to multi-sig and will transform the industry
New Bitcoin Wallet-Focused Trojan Uncovered by Security Researchers
19.9.2019
Zscaler ThreatLabZ has discovered a new Remote Access Trojan (RAT) malware designed to steal Bitcoin and Litecoin wallet data from infected systems
Bitcoin Dev Reveals Multisig UI Teaser for Hardware Wallets, Full Nodes
29.8.2019
A Bitcoin educator has unveiled an alpha user interface for Bitcoin hardware wallet and full node multisignature protection
Bitcoin Hash Rate Hits New All-Time-High
7.7.2019
The bitcoin network broke its all-time high total computing power today
Riviera Beach City Council Agrees to Pay $600,000 in BTC to Ransomware Attackers
20.6.2019
Riviera Beach city officials voted to pay 65 BTC to hackers who seized control over the city’s online utility system
‘It Feels Like Family’: Bitcoiners Gather for Security Conference in Amsterdam
11.6.2019
For Breaking Bitcoin 2019, technologists gathered in Amsterdam to explore the future of bitcoin