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Russian Court Bans Telegram, Founder Pavel Durov Defiant

Russian security services ordered Telegram to hand over access to encrypted user messages, but the messaging application (app) refused. Founder Pavel Durov didn’t bother to send lawyers to Moscow’s Tagansky court in response, and the court dutifully ruled against his company, taking less than 20 minutes in decreeing an immediate ban. Also read: CBS’s NCIS Los […]

GhostMiner: Crypto-Jacking Software Removes Other Miners so It Can Mine Monero

Security researchers at Minerva Labs have uncovered a new strain of cryptocurrency mining malware, dubbed GhostMiner, which uses “fileless” malware delivery techniques to land on systems. What makes it particularly remarkable is that if other crypto-jacking malware is already in the system, it will fight to remove it so it can mine Monero itself. That said, in […]

The Curious Case of ‘Cobra Bitcoin’: The Peculiar Anon with a Lot of Power

The controversial owner of the web portal Bitcoin.org and Bitcointalk, an anon named ‘Cobra Bitcoin’, has been a popular subject within the cryptocurrency community lately. It’s strange that a person who nobody really knows has so much control within the BTC community, and lately his messages have been very cryptic, even making some believe his […]

Bitcoin Private Fork Aiming to Make Bitcoin Anonymous

Bitcoin’s latest fork is just weeks away and this one’s a little different from the rest. Rather than simply tinkering with Segwit or adjusting block sizes, Bitcoin private (BTCP) is adding zk-Snarks. The privacy enhancing feature is best known for its use in the Z family of coins including zcash, zclassic, and zencash. That’s not […]

Bitcoin Gold Website and GitHub Repo Allowed Users to Download a Malicious Windows Client

Cryptocurrency users have been targeted by hackers and other criminals more times than anyone cares to count. The number of attack vectors also continues to increase. Lately, we have seen an uptick in malicious wallet downloads distributed through official channels. The Bitcoin Gold website, for example, linked to a nefarious wallet for over 36 hours until the issue […]

Bitcoin Gold Wallet That Stole Private Keys Scooped $3.3 Million

Last week it emerged that a fake BTG wallet which had been promoted on the bitcoin gold website was fraudulent. The team’s developers removed “mybtgwallet” once the scam came to light, but not before scores of innocent users had been duped. The total amount of cryptocurrency lost to the fraud has now been totted up […]

Parity Team Was Aware of Multisig Bug but Postponed Implementing Fix

The Parity multisignature issue involving the freezing of Ethereum funds has taken yet another major plot twist. More specifically, the Parity team has acknowledged that they could have easily prevented the freeze but failed to do so. With over 500,000 Ether still locked up in smart contracts, it is evident the company’s negligence was a big factor. How […]

Bitcoin.org Owner Wants to Revise Satoshi’s White Paper

Following the Segwit2x working group’s announcement to cancel the hard fork scheduled for next week, many shocked bitcoin proponents revealed their opinions on the web. Additionally, one of the administrators of Bitcoin.org, Theymos, wants the web portal’s recommended businesses such as wallet services and exchanges to pledge that “Bitcoin is not ruled by miners” or […]

What Is the PHP Ransomware Project?

More often than not, people wonder where all of these new ransomware threats keep coming from. One answer is a PHP open-source project called “Ransomware” which can be accessed through GitHub. It is a popular project and one that has been active since early 2016. Researchers believe this GitHub project was developed by an Indonesian hacker who is also a […]

Early Version of Tumblebit-Enabling Hiddenwallet Released

The first release of Hiddenwallet was announced on Sunday. Its Gibhub page describes the wallet as a “privacy focused, full block downloading SPV Bitcoin wallet with Tumblebit support.” Also read: Breeze Bitcoin Wallet to Deploy Production-Ready Tumblebit Anonymizer First Release of Hiddenwallet The release was announced on Sunday by Tumblebit developer Adam Ficsor. He said: I […]

Lightweight Lightning Network Client Lit Ready for Testing

The Digital Currency Initiative (DCI) at the MIT Media Lab on Wednesday unveiled a lightweight Lightning Network software called “Lit”. This new client does not require its own full Bitcoin node to run like other Lightning clients do and it even has a handy wallet built in. Also read: Lightning Network Used to Sell Beer at […]