
The Bitcoin Price is Up, but is Security Down?
The price of bitcoin has risen from yesterday... Another ten dollars at the time of this writing, thereby placing the price at around $245... In the midst of this good news, however, I'm not so sure if we should be celebrating or if we should still be worried. The price of bitcoin has jumped about $20 over the last two weeks, and while this is indeed a refreshing sign for most, there are several problems currently running amok in the bitcoin community. Between the recent string of hackings on BTER, Excoin and HitBTC that have caused probably millions of dollars in bitcoins to disappear, it....
Related News
Amber Group, a leading Hong Kong-based crypto finance platform announced it has hired Chiachih Wu as a Blockchain Security Specialist. Wu brings years of information security experience having worked as a security researcher across blockchain, mobile security and virtualization security industries. Wu held positions at Intel Corporation as well as at Chinese internet company Qihoo […]
Security has been a big concern for cryptocurrency ever since Bitcoin’s creation. Now, in a rapidly growing cryptocurrency industry, security has become too big of an issue to ignore. The growing need security led to the development of enhanced applications like 2-Factor-Authentication to guarantee complete security for companies working in the cryptocurrency ecosystem. Businesses trying to get in the digital currency space now have security as a top priority, and want the best security services the market can offer. Clef, a new semi-decentralized 2-Factor-Authentication application, aims....
There currently exists a crowdsourced web security platform called Crowdcurity that allows businesses to pay for security services in bitcoin and links these businesses with security researchers from all around the planet. While attending the Cryptolina Bitcoin conference last month in North Carolina, I had the chance to meet Jacob Hansen, one of the guys behind it, and ask him a few questions. Interview with CrowdCurity. What is CrowdCurity and how was it formed? CrowdCurity is a crowdsourced web security platform. We connect +1500 security researchers with businesses all around the....
Gem partners with Thales e-Security. Bitcoin startup Gem, that provides a scalable API for bitcoin developers, has revealed to CCN a security enhancement that may be significant for the future of Bitcoin security. The company announced the inclusion of Custom Hardware Security Modules produced by Thales e-Security, as part of their standard multi-sig bitcoin wallet. Multi-sig wallets have become the standard for Bitcoin wallet security. A multi-sig wallet is associated with several private keys, making it more secure. Gem's inclusion of the Hardware Security Modules or HSMs, is bound to....
When it comes to computer security, both individual users and companies still have a lot to learn. Computer security is an ever-evolving creature, and everyday consumers have become reliant on it for most of their daily tasks. But there are a few things every individual user should be aware of, according to computer security experts. The world of computer security is filled with various types of misinformation and half-truths. One of the most common mistakes everyday consumers make is thinking that all hackers are per definition criminals. It is important to distinguish between white-hat....