What does PRISM mean for Bitcoiners on Dropbox?
The internet is all abuzz over PRISM, the top-secret National Security Agency program that has allowed officials to tap into the servers of Google, Microsoft, Facebook and other major tech companies to extract users' emails, chats, photographs, documents and connection logs. Of particular interest to Bitcoiners, Dropbox was listed as a company that would come on board with PRISM, a move that would compromise the psuedo-anonymity that is one of the cryptocurrency's main appeals. Though it's advised against in the Bitcoin wiki, it's possible to use Dropbox to backup Bitcoin data. "You still....
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It's been a rough few days for Dropbox. The popular cloud storage service recently had a bug in its Selective Sync system where many users suffered data loss. And if that weren't bad enough, it looks like nearly 7 million Dropbox accounts may have been compromised. Dropbox is used by bitcoin users around the world, many of whom keep unencrypted wallet.dat backups in their Dropbox. If this sounds like you, now would be a good time to change your Dropbox password, enable two-step verification, and only store an encrypted wallet backup in the cloud. Just yesterday, an unnamed hacker group....
Marriage made in heaven? Fans of Dropbox and Bitcoin are eagerly pushing for the companies to get together. It was in late summer of 2011 when a user of Dropbox's Votebox suggestion feature first urged the company to let customers buy storage with bitcoins. Last week, the suggestion still had just around 3,500 upvotes. Since then, however, a campaign some are calling the Dropbox Bitcoin Project has managed to persuade thousands of bitcoin fans to voice their support on Dropbox. As of mid-day (CST) Wednesday, users had submitted more than 102,000 upvotes for the suggestion, pushing the....
A ShapeShift Into the World of Trustless Asset Portfolios. “ShapeShift” is a concept describing the ability to change form or identity to adapt to changing conditions. It is also the name of a Swiss-based company that created the world’s first trustless asset portfolio for acquiring digital assets without counterparty risk. Launched today at the blockchain summit Consensus 2017 held in New York, the cutting-edge platform known as Prism seeks to usher in a new age for investors with a thirst for cryptocurrencies. The Prism announcement comes on the heels of record-setting growth within the....
Kim Dotcom and BnkToTheFuture today announced the reincarnation of MegaUpload, along with development and software-as-a-service tool Bitcache. MegaUpload 2: ‘Dropbox Without File Reading Or Hacking’. In its pitch on BnkToTheFuture today, MegaUpload 2 (MU2) describes itself as “a privacy-centric file sharing and storage platform that allows you to store....
Dropbox has announced the discontinuation of its unlimited storage plan due to the increasing misuse of the service by users engaged in resource-intensive activities such as cryptocurrency mining. With the surge in popularity of cryptocurrencies like Bitcoin and Ethereum, the demand for computational resources has led to an unintended consequence for services offering unlimited storage. […]