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....
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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....
So now bitcoin price has gone down again. After a recent surge of about $20 that got digital currency enthusiasts everywhere feeling pretty happy again, the price has now gone down by about $10 and is hovering around the $233 line. Naturally, many of us are pretty disappointed, and yet at the same time, such a drop was to be expected. With the recent malicious activity striking bitcoin exchanges all over the globe, a bitcoin price drop was probably inevitable. We saw similar circumstances with the Bitstamp hacking, and now we're likely to see it again here, especially considering there....
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....