SharedCoin Users Can Be Identified
SharedCoin adds another layer of privacy by bundling numerous transactions before placing them in the blockchain, helping mask users from casual examination by outsiders. Unfortunately most consumers have little or no idea that there are different levels of security and what that means to their privacy concerns. We have to keep in mind that the public ledger is open to inspection at all times. Savvy users can use the above mentioned tools to actually track individual transactions in the ledger. There are more than a few corporations that conduct their business and even make payroll in....
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Bitcoin users in need of serious transaction privacy should avoid popular services like Blockchain's SharedCoin and other CoinJoin implementations, according to a well-known security expert. Consultant Kristov Atlas, author of the book Anonymous Bitcoin, published a security advisory today saying weaknesses in SharedCoin offered privacy only from "unskilled examiners of the bitcoin blockchain" - and even then, only until more sophisticated analysis tools were made user-friendly enough for the average user to deploy. Blockchain CEO Nicolas Cary said he was satisfied with the research and....
Blockchain.info has stated that the issue is a database one, and the site would not be back online for at least several hours. It all started earlier today when Redditor /u/obione88 posted to /r/Bitcoin about a Shared Coin Transaction Error. Blockchain.info staff on Reddit promptly responded to the post. Additionally, they announced that the SharedCoin feature would be taken offline while they investigated. Soon after, Blockchain.info posted to their blog that SharedCoin would be suspended temporarily. They also provided answers as to the specific issue that was causing issues with the....
As part of Operation Hyperion, an operation conducted by law enforcement agencies all over the world, Dutch authorities have taken down a Dark Web marketplace and posted a warning on it. The marketplace’s frontpage lists active and arrested vendors, as well as identified buyers At the top, you can read “You have our attention”. If a username is on the page, it has reportedly been identified by the Dutch police. Next to the list of arrested vendors is a link, that directs users to a page with more information. Moreover, the website includes a FAQ, that clearly includes a few warning shots:....
A slew of critical vulnerabilities has recently been identified by the developers at DeFi security provider HashEx when examining the code of the SafeMoon DeFi project. The identified issues are so severe that users are being warned to stay away from the protocol for fear of losing their funds. As reported in a press release […]
Coinbase users saw a frustrating Wednesday this week after outbound bitcoin transactions experienced delays while not registering on the blockchain. A Coinbase log revealed that the issue was identified early Wednesday, around 01:40 PDT. “We have identified an issue with slow BTC outbound transactions and are working towards resolution,” the log read. The San Francisco-based bitcoin exchange and wallet provider issued an update a little over three hours later at 04:52 PDT, stating: Outgoing transactions are not being pushed to the Bitcoin network. We are still working on resolving this....