Weekend Roundup: Microsoft Is In, Stolen BTC Returned to Blockchain.info, and Russia Goes After Cryptocurrencies Again

Weekend Roundup: Microsoft Is In, Stolen BTC Returned to Blockchain.info, and Russia Goes After Cryptocurrencies Again

Ian DeMartino broke the big news this week when he reported Thursday that Microsoft quietly began accepting bitcoins via BitPay. Following up on the story of security issues at Blockchain.info, Amanda B. Johnson reported Thursday that whoever stole the 255 BTC from the wallet provider had returned all the money. Allen Scott reported Thursday that the Russian government appears all too eager to fast-track anti-cryptocurrency legislation. “Microsoft is allowing people to fund their Microsoft accounts with bitcoin, not to make direct purchases. Microsoft account holders simply go to....


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Today, I had the privilege of chatting with johoe, the white hat hacker who swept over 800 bitcoins from addresses generated with a security error on Blockchain.info's webwallet. After learning that the insecure addresses were generated on Blockchain.info, johoe returned all of the bitcoins he obtained to Blockchain.info, so they could refund users who lost their bitcoins. johoe is considered to be a white hat hacker because he hacked ethically. johoe continues to return bitcoins to Blockchain.info as he finds them. johoe has received praise from bitcoiners on reddit, BitcoinTalk, and....

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Blockchain.info vs. the Block Chain: Redditors Express Discontent

Over the past few weeks, the Bitcoin webwallet provider Blockchain.info has had numerous security issues. One such issue occurred when they made a problematic edit to their code, which resulted in insecure wallet generation. Fortunately, a user gained access to these wallets and returned the bitcoins to Blockchain.info. This recent security issue, as well as others, has prompted redditors to complain that Blockchain.info's name is confused by Bitcoin newbies as being the actual Bitcoin block chain. All over /r/Bitcoin on reddit, whenever a user writes about Blockchain.info but calls it....

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The security of the popular Bitcoin wallet Blockchain.info has been often addressed in the news recently. Hundreds of bitcoins have been lost during this Blockchain.info update. For example, there have been several reports of users losing their funds after using Blockchain.info through the Tor network. In response, the company temporarily blocked all Tor exit nodes, and then started using HSTS as well as providing a dedicated Tor onion address to its Tor population. Blockchain.info was the second company in the world, after Facebook, to receive an SSL certificate for their .onion address.....