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Tag Archives: roundup

22.5.17 Dark Web and Cybercrime Roundup

22.5.17 Dark Web and Cybercrime Roundup: “US Darknet Drug Traffickers Arrested After Overdose Of A Teen” The overdose of an 18-year-woman on the US West Coast led to the arrest of a well-known Alphabay vendor on the East Coast, PeterTheGreat. Law enforcement caught the duo behind the vendor account within a few months—an accomplishment authorities used to express the effectiveness ... Read More »

Bitcoin news roundup, May 20, 2017

This week’s summary of various cryptocurrency news and developments: New developments: WannaCry ransomware campaign netted hackers nearly $100,000 in bitcoin A massive global ransomware campaign using a strain known as WannaCry, carried out by an unknown author, recently hit organizations in nearly 100 countries using an NSA exploit and demanded a bitcoin ransom in return for the victims’ files back. ... Read More »

15.5.17 Dark Web and Cybercrime Roundup

Ransomware Hackers Launch Global Assault An unknown actor exploited a known security vulnerability (thanks to the Shadow Brokers) in unpatched versions of Windows. Using the exploit, an entity spread ransomware called WannaCry at a rate Europol called “unprecedented.” The ransomware practically shut down hospitals across the world, even though healthcare was not specifically targeted. WannaCry (“Wana”) and variants (without the ... Read More »

Bitcoin news roundup May 14, 2017

This week’s summary of various cryptocurrency news and developments: New developments: There are over 150,000 unconfirmed bitcoin transactions Unconfirmed bitcoin transactions reached an all-time high this week, as according to Blokchain.info the number got as high as 160,000 – at the time of press, there are currently 156,900. It isn’t yet clear what caused a spike in the number of ... Read More »

Bitcoin news roundup, May 6, 2017

This week’s summary of various cryptocurrency news and developments: New developments: OneCoin lawyers are threatening news outlets and whistleblowers The OneCoin organization, according to TheMerkle and Bitcoin.com, has threatened to sue media outlets and whistleblowers that point the finger at their operations. This week, two bitcoin proponents – journalist Friedemann Brenneis and bitcoin enthusiast Bjorn Bjercke – came forward with ... Read More »

Bitcoin news roundup April 30, 2017

This week’s summary of various cryptocurrency news and developments: New developments: Understanding Antbleed, bitcoin’s new controversy After the AsicBoost controversy, bitcoin now has the antbleed controversy to deal with. Essentially, a mining chip vulnerability involving controversial company Bitmain could be used to remotely shut down bitcoin mining hardware, as the company added a “backdoor” that allows them to control hardware ... Read More »

Bitcoin news roundup April 23, 2017

This week’s summary of various cryptocurrency news and developments: New developments: Litecoin to implement Segregated Witness Litecoin’s scaling debate is seemingly coming to an end, as miners and developers reached an agreement over the future of one of the largest cryptocurrencies. The agreement came after an 8-hour long meeting on WeChat between miners and developers. The final decision was to ... Read More »

Bitcoin news roundup 15 April, 2017

This week’s summary of various cryptocurrency news and developments: New developments: Support for a UASF has been building up Last week, DeepDotweb reported some miners were allegedly engaging in unfair practices that can harm the network, and that was just one more chapter of bitcoin’s seemingly never-ending scaling debate. News of these alleged practices created a movement, as many believe ... Read More »

Bitcoin news roundup, April 8, 2017

This week’s summary of various cryptocurrency news and developments: New developments: Some miners are allegedly engaging in unfair practices that can harm the network Bitcoin Core developer and Blockstream CTO Greg Maxwell recently alleged through a bitcoin mailing list that a major mining hardware company has been exploiting a known weakness in bitcoin’s proof-of-work system, allowing the company to mine ... Read More »

Bitcoin news roundup April 2, 2017

This week’s summary of various cryptocurrency news and developments: New developments MasterCard survey shows European shoppers are wary of digital currencies According to CoinDesk a survey conducted by MasterCard shows European consumers don’t seem to be too fond of digital currencies when paying for things online. The survey reportedly polled nearly 43.000 people between the ages of 18 and 64, ... Read More »

Bitcoin news roundup, March 26 2017

This week’s summary of various cryptocurrency news and developments: New developments: A bitcoin scaling meeting may take place in May According to CoinDesk, a small group of bitcoin industry leaders, developers, and miners plan on discussing the cryptocurrency’s future in a meeting taking place in New York, in May. A notice including a list of potential guests was posted to ... Read More »

Bitcoin news roundup March 19, 2017

This week’s summary of various cryptocurrency news and developments: New developments: A code bug exploit knocked nearly 70% of Bitcoin Unlimited nodes offline On March 14, nearly 70% of nodes running Bitcoin Unlimited (BU) were knocked offline, after a bug in the software’s code was found. The bug was first flagged by a BU developer, but then spread on social ... Read More »

Bitcoin news roundup, March 5, 2017

This week’s summary of various cryptocurrency news and developments: New developments: Self-proclaimed bitcoin creator Craig Wright is filing numerous blockchain-related patents Craig Wright, the Australian businessman who has, in the past, claimed to be Satoshi Nakamoto, was recently on the news due to an investigative report published by Reuters. The report claims Craig Wright is filling dozens of blockchain-related patents, ... Read More »

Bitcoin news roundup, February 26, 2017

This week’s summary of various cryptocurrency news and developments: New developments: The Chinese province of Sichuan is becoming the country’s bitcoin mining capital According to the China Money Network, bitcoiners keep on trying to move to mountainous regions where mining equipment can naturally be cooled down without the need for additional resources. This has led to an exponential growth in ... Read More »

Bitcoin news roundup, February 19, 2017

This week’s summary of various cryptocurrency news and developments: New developments: Former president of Bank of China claims it’s impossible to kill bitcoin L H Li, former president of state-owned Bank of China, the fifth largest bank in the world, claimed that it is now impossible to take down bitcoin, in an interview for China’s predominant state broadcaster, CCTV. According ... Read More »