toggle caption All Tech Considered From Kill Switch To Bitcoin, 'WannaCry' Showing Signs Of Amateur Flaws From Kill Switch To Bitcoin, 'WannaCry' Showing Signs Of Amateur Flaws toggle caption Goats and Soda Blockchain Could Be A Force For Good.But First You Have To Understand It The Two-Way 'Shadow Brokers' Claim To Have Hacked The NSA's Hackers toggle caption The Two-Way $72 Million In Bitcoins Stolen From Hong Kong Exchange The Two-Way 'I'm Sorry,' Says Man Who Claimed To Be Bitcoin's Creator toggle caption All Tech Considered Not Just Bitcoin: Why The Blockchain Is A Seductive Technology To Many Industries toggle caption The Two-Way Bitcoin's Maker Revealed?Australian Man Says He Is 'Satoshi Nakamoto' All Tech Considered For Sex Industry, Bitcoin Steps In Where Credit Cards Fear To Tread American Public Media For Sex Industry, Bitcoin Steps In Where Credit Cards Fear To Tread toggle caption All Tech Considered Where In The World Is Satoshi Nakamoto?

The Latest In The Bitcoin Saga toggle caption The Two-Way IRS Says It Will Treat Bitcoins As Property, Not Currency The Two-Way Bitcoin Exchange Mt.Gox Files For Bankruptcy In U.S.toggle caption Raymond Bucko/Flickr Code Switch A Native American Tribe Hopes Digital Currency Boosts Its Sovereignty toggle caption All Tech Considered Why All This Fuss Over Satoshi Nakamoto Is A Boost For Bitcoin toggle caption All Tech Considered 'Newsweek' Says It Found Bitcoin's Founder: 4 Things To Know toggle caption The Two-Way Mt.Gox Files For Bankruptcy; Nearly $500M Of Bitcoins Lost toggle caption All Tech Considered If You've Ignored Bitcoin Up Until Now, This One's For You toggle caption The Salt Order Up!Food Businesses Find An Appetite For Bitcoin The Two-Way Alleged Silk Road Mastermind Pleads Not Guilty To Trafficking toggle caption All Tech Considered New York Looks To Bring Bitcoin Out Of The Shadows WNYC Radio New York Looks To Bring Bitcoin Out Of The Shadows eagleapex's posterous/Flickr The Two-Way CEO Of A Bitcoin Exchange Charged With Money Laundering toggle caption All Tech Considered How Virtual Currency Could Make It Easier To Move Money toggle caption The Two-Way Already Down 50 Percent, Will Bitcoin Bite The Dust?

toggle caption The Two-Way China Bans Bitcoin Trading By Banks toggle caption The Two-Way Man Laments Loss Of Thousands Of Bitcoins, As Value Hits $1,000 toggle caption The Salt Have Bitcoin To Burn?Next Stop Could Be The FarmGet Latest Articles to Your Inbox Chinese Bitcoin exchange BTER 7,170 Bitcoin cryptocurrency was stolencold wallets "All wallets have been shut down and withdrawals of unaffected coins will be arranged later, blockchain https://blockchain.info/tx/f5b0363f03e1ed8bb812c135361ea93590c831ce9f13a3750be1b93575baccc6 This is the second major Bitcoin hack in past two months.bitcoin pueblaBefore this, one of the biggest and most trusted Bitcoin exchange, Bitstamp based in UK was hacked at the beginning of this new year, which lead to the theft of "less than 19,000 BTC" (worth about $5 million in digital currency).tor bitcoin donation

Best Deals Subscribe Want the most interesting Hacking and Cyber Security News delivered automatically to your inbox?Subscribe to our FREE Newsletter and eBooks.On December 20, an exquisitely well-documented article entitled 'Hackers Have Stolen Millions Of Dollars In Bitcoin-Using Only Phone Numbers' appeared in the business publication, Forbes.bitcoin wallet api javaThe work of noted Bitcoin, blockchain and fintech columnist Laura Shin, this article continues to send aftershocks through the global bitcoin community, sparking questions about the prevailing security protocols used to secure cryptocurrencies.bitcoin expo nycThis article profiles the August 11 discovery that a hacker had faked the identity of a bitcoin user, transferring his phone number from his cell phone carrier to another account in the hacker's possession.bitcoins oublies

This feat gave the hacker access to his computer, banking, and bitcoin accounts.Here is where the story gets interesting; the user kept the vast majority of his bitcoin on an encrypted hard drive while employing what he thought was a stealth level of additional security steps.According to the article, the user lost millions of dollars worth of bitcoin, a fact which has fueled growing fears among crypto holders.bitcoin philanthropyUnfortunately, this is just one incident in a larger wave of bitcoin scams that have hit this year.pablo iglesias bitcoinThese attacks have affected a wide swath of high-profile cryptocurrency industry names as well as businesses; in some cases resulting in financial loss.bitcoin armory private keyExploitation of businesses and individuals through security breaches tend to generate tons of media attention.litecoin asic vs gpu

But those impacting the Bitcoin space often more buzzworthy due to one simple fact - the hacks and resultant losses that have left those exploited are seen (by the nature of Bitcoin) as a huge challenge to trace.Even more daunting as highlighted in the Forbes article, hackers do not even need to possess specialized computer knowledge to pull off a heist.Rather a phone number may now be the key element for accessing a user’s bitcoin stash.From lax phone carrier based security protocols to emerging questions about the viability of a frequented security measure known as two-factor authentication, the larger implications for global cybersecurity, in general, is immense.Here at BTCManager, we turned to Darin Stanchfield, cyber security expert and founder of KeepKey, to offer some thoughtful perspectives to the bitcoin community on securing your cryptocurrencies.He offers a direct response to both the Forbes article as well as another timely piece that has some useful tips on phone security protection.

“This story is gut-wrenching in so many ways.Digital security is hard.Meanwhile, cryptocurrency users have much more at stake than ordinary users.Jared, the subject in the article, was a long-term bitcoin user who knew all the pitfalls of inadequate security and got a first-row seat through bitcoin’s early days of hack after hack.Despite witnessing those events first hand, he was still unable to secure his digital assets efficiently from hackers.” “Jared apparently kept his bitcoins offline on an encrypted hard drive.The problem is that those bitcoin private keys did not remain offline, as he had recently plugged that drive into a network-connected computer.""Digital security is not something you can do 'mostly right' and remain safe.Hackers will wait in the shadows until a mistake is made, and then they will seize the opportunity.” “The author of this entry makes some great points.I would like to strongly re-emphasize one of his points.If 2FA is not hardware based, you are potentially adding security vulnerabilities to your online logins.

This threat is real and it is being carried out in real time.As users, we need to re-evaluate our security practices on a frequent basis as hackers aren’t waging a war that has a static type of attack.” “They add a false sense of security.It is never a simple 'Enable 2FA with your phone and you're more secure.'As users, we should evaluate the attack vectors we are potentially opening by adding a phone as 2FA.For many, this is not easy to do, and that is why you should always opt for hardware base 2FA like U2F.” “Your email address is a big factor since it is usually your weakest link for all logins; you are ultimately at the mercy of the security practices of the company that provides that email address to you."“Get a hardware wallet.This might not seem like a little-known tip, but I think most people are largely unaware why devices like KeepKey are needed.I still get asked why someone should purchase a hardware wallet and not just generate a paper wallet.My answer is that there is nothing wrong with paper wallets, just that you must practice perfect security creating that wallet and then later practice flawless security when you go to spend from the paper wallet.” “A hardware device removes mistakes from the equation.