University Data Compromised When Will Proponents of Centralization Learn?
The University of California Berkeley announced on February 26th that 80,000 students and faculty members have been victim to a cyber attack within the schools records system. The compromise revealed to the hackers large amounts of data filled with social security numbers, credit card credentials, and bank account information. Paul Rivers, UC Berkeley’s chief information security officer said in a statement: The University of Berkeley attack is just another example of centralized planning gone wrong. After the past few years of government breaches and financial institutions losing data to....
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The Iowa State University has suffered a massive security breach which compromised the security of student data and attempted to mine bitcoin. The University says the compromised servers contained social security numbers of 29,780 students enrolled between 1995 and 2012. However, there is no indication that any of the files were accessed. No financial information was stored in the student records and further investigation led the university to conclude that personal information was not the target. "The servers were hacked by an unknown person or persons seeking to generate enough computing....
Distribution "keeps getting better," says Willy Woo amid continued claims that Bitcoin as a network is too centralized. Bitcoin (BTC) ownership is becoming more decentralized every day, data shows, allaying fears that the supply is being controlled by an elite.Data from Glassnode reproduced by statistician Willy Woo on Feb. 3 shows that the number of smaller Bitcoin holders and those holding coins on behalf of clients keeps growing.Bitcoin in the hands of the little guyDespite BTC/USD rising to record highs in recent weeks, more, not fewer, small investors are coming in board. At the same....
For many, Bitmain’s recent announcement of the realization of a major data center in northwestern China served as a reminder of the level of mining centralization in Bitcoin. Although the Beijing-based company will not own the entire complex, and the whole facility will not necessarily be dedicated to bitcoin mining, in theory over half of all hash power securing the Bitcoin network could be concentrated in a single data center. For some, this is reason for concern. If bitcoin mining is dominated by one or even several data centers, these could represent a single point of failure —....
Bitcoinist recently sat down with Tim Peterson, CEO of Onarbor – a startup university merging crypto, art and science. What exactly is Onarbor? Onarbor is a new kind of university, a startup university. At their cores, universities are places to be creative, learn, and build your credentials. To support these missions, universities must publish and get funding. Onarbor aims to help people publish and fund original science and art, collectively “works”, as well as fund the reviews of these works. How did Onarbor come about? We are bunch of MIT and Harvard academics who are passionate about....
Bitcoin is now becoming a household name as, once again, the price of each coin is nearing 200 USD and more companies are selecting to accept payment in this convenient, yet new payment option. With the recent closure of Silk Road and the US government's temporary shutdown, Bitcoin has proven to be a force to be reckoned with. What makes Bitcoin unique? It is a digital, decentralized, cryptocurrency and a gateway to send money anywhere around the world with just the click of a mouse or the scan of a QR code to anyone with internet access. Proponents of Bitcoin pride themselves in....