Security guru confesses, 'I couldn't hack bitcoin'
Bitcoin may have been through some hard times lately, what with DDoS attacks, exchanges closing down and massive price fluctuations. But one renowned security expert is defending its basic resilience. Dan Kaminsky thinks it's OK. Writing in Business Insider, Kaminsky says he tried to hack bitcoin two years ago, and failed. This is a big admission coming from Kaminsky, who has serious credentials: in 2008, he discovered a fundamental flaw in the internet domain naming system (DNS). (That's the part of the internet that tells your web browser where to go to fetch a webpage, and it is vital....
Related News
Personal finance guru Suze Orman says she recommends dollar-cost averaging into bitcoin. She sees upsides to the cryptocurrency, noting that it could “turn into a payment structure.” Personal Finance Guru Bullish About Bitcoin, Advises Dollar-Cost Averaging Into the Crypto Personal finance guru and best-selling author Suze Orman has shared her view of why she is bullish about the price of bitcoin. The Suze Orman Financial Group founder, whose show ran on CNBC from 2002 to 2015, has written 10 consecutive New York Times bestsellers about personal finance. She was named twice on....
Patrick Murck joined Quest Means Business to discuss the security concerns over bitcoin from Bitcoinist.net on Vimeo. Patrick Murck discusses on CNN the Bitstamp hot wallet hack and how exchanges are doing better despite the hack in protecting customer funds. He also illustrates that this is not a MtGox type situation as well as how far we have come in digital security.
Personal finance guru Dave Ramsey has given advice about bitcoin to a man who made over $100,000 by investing just $1,500 in the cryptocurrency. Ramsey repeatedly expressed his doubt that bitcoin can be cashed out, calling the cryptocurrency “funny money.” He recommends selling bitcoin immediately. Dave Ramsey Suspicious of Bitcoin Famous radio show host and best-selling author Dave Ramsey gave advice about bitcoin on his Dave Ramsey show aired on Wednesday. Daniel from Salt Lake City, Utah, called into the show to get Ramsey’s advice as his income was about to drop when....
Financial guru Dave Ramsey says crypto is “fun” and can be a small part of investment portfolios. “It’s a commodity. Is it going to be around? Sure, it’s going to be around,” Ramsey said.
Dave Ramsey Now Considers Cryptocurrency a Commodity That Is Here to Stay
Personal finance guru and Ramsey Solutions CEO Dave Ramsey discussed bitcoin and his new book titled “Baby Steps Millionaires” in an interview with Maria Bartiromo on Fox Business Tuesday.
Bartiromo asked him: “I know that you warned against....
BitGo has declared that its systems were not breached, and its software functioned correctly during the Bitfinex hack. Co-founder and CEO at BitGo, Mike Belshe, wrote on the company’s blog saying: Our job is to protect your Bitcoin and continue to improve the security of the service. BitGo systems were not breached in this attack and our software functioned correctly. This may seem like an inadequate explanation, because everyone wants to know “what needs to change to avoid what happened in this case,” and we understand that. Fortunately, the Bitfinex configuration was unique and other....