ION Mining: A new way to earn $10,000 a day through cryptographic keys

Law enforcement agencies and government organizations including the NSA could place trapdoors on millions of Diffie-Hellman-generated cryptographic keys to decrypt websites, applications, and encrypted messaging tools. It was revealed in a new study led by a team of University of Pennsylvania researchers. Since early 2000, the Diffie-Hellman (DH) key exchange has been considered as the backbone of many cryptographic systems due to its unique simultaneous key generation technique. During a DH exchange, two parties create a key together, which later can be used to encrypt the traffic.....

A new project called Keybase is attempting to make cryptographic keys, like those used for bitcoin wallets, easier for everyone to use. One of the most important elements of bitcoin is arguably the cryptographic key pair, and every wallet has two keys: a public one as an advertised address, and a private one that controls it. Yet, the system is not perfect. Key pairs are confusing for many users and there isn't yet an effective, decentralized way by which keys can be linked to an identity, thus proving ownership. Keybase believes it can help make using keys more secure and understandable....

New bitcoins are added to the system about every 10 minutes through a process called "mining." This involves using computing power to verify bitcoin transactions across the network by solving cryptographic problems called "hash puzzles." Bitcoin Mining 101. Here's how it works: Every bitcoin holder's balance is designated by a unique bitcoin address, which is a long string of numbers and letters. Each address features both a private and a public key, together known as a cryptographic key pair. Bitcoin transactions involve the use of both the private and public keys. A bitcoin holder uses....

Want to be a cyborg? Dangerous Things, a biohacking company, has developed a near-field communication (NFC) compliant chip that allows people to implant cryptographic keys under their skin, as reported by Motherboard. The chip is scheduled for release next year. Benefits Versus Privacy. Implantable chips are good for people who have trouble holding onto their keys, but they also brings privacy issues. The Dangerous Things prototype, called UKI, merges a person’s physical and digital identities. UKI can cryptographically prove what a person did and when, such as when they signed an email.....

Users storing bitcoin with hardware from a leading data protection company have been urged to update their devices or risk losing funds. In a company blog post on Friday, Gemini CSO Cem Paya released details of a vulnerability he encountered that allows attackers to brute-force secret keys from SafeNet's brand of hardware security modules, or 'HSMs'. These tamper-proof, specialist devices are used to safeguard all manner of cryptographic keys for the likes of governments, banks and payment companies. They've been hailed as the 'next step' for bitcoin security. While testing the SafeNet....