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security Archives - Bitcoin Magazine
Bitcoin Self-Defense, Part I: Wallet Protection
May 16, 2013 | Vitalik Buterin | 2 CommentsWallet security has always been a primary concern in the Bitcoin development community. Although no other payment system in existence grants you the same level of freedom and control over your money that Bitcoin doe... Read More ...
Read MoreOzCoin Hacked, Stolen Funds Seized and Returned by StrongCoin
April 24, 2013 | Vitalik Buterin | One CommentOzCoin, one of the larger Bitcoin mining pools, has reported that an unknown attacker managed to hack into their server, defacing their website and database and stealing 923 BTC ($135,000) from their Bitcoin wallet.... Read More ...
Read MoreBitcoin-Mining Malware Spreads Through Skype
April 13, 2013 | David PerryUsing botnets to mine bitcoins is nothing new or interesting, but the latest entry in this wide category seems to be spreading quite rapidly through the Skype network. This iteration in the Bitcoin-mining-as-virus t... Read More ...
Read MoreBitcoin’s Security Coming of Age
March 11, 2013 | Vitalik Buterin | 2 CommentsOne of the greatest technical challenges in working with Bitcoin has always been finding an effective way to secure it. Although financial security is a serious and complex issue regardless of the underlying financi... Read More ...
Read MoreThe Next Year in Bitcoin: What 2013 Has in Store
January 3, 2013 | Vitalik Buterin | 4 Comments2012 has been an exciting year for Bitcoin. We have seen BitPay grow from near-irrelevance to processing transactions for over 2000 merchants around the world, Coinabul expand its gold-selling business from nothing ... Read More ...
Read MoreInstant Transaction Fraud: An Explanation
December 17, 2012 | Vitalik Buterin | 3 CommentsA few hours ago, a poster on the Bitcointalk forum announced that he was able to successfully reverse an unconfirmed transaction against the popular Bitcoin gambling site SatoshiDice. The attacker’s strategy w... Read More ...
Read MoreBitFloor and Bitcoinica Refunds Showing Signs of Progress
December 5, 2012 | Vitalik Buterin | 3 CommentsBitFloor and Bitcoinica Refunds Showing Signs of Progress
The Bitcoin exchange platforms BitFloor and Bitcoinica, the two largest institutional victims of digital theft in Bitcoin history, have finally shown their f... Read More ...
Read MoreSlush Operator Announces USB Wallet Project
November 8, 2012 | Vitalik Buterin | 6 CommentsMarek Palatinus, commonly known under his forum handle Slush as the operator of mining.bitcoin.cz, the oldest mining pool in the Bitcoin community, has just announced that he, in collaboration with Pavol Rusnák (st... Read More ...
Read MoreBitfloor Hacked, $250,000 Missing
September 4, 2012 | Vitalik Buterin | 7 CommentsBitfloor, the fourth largest exchange dealing in US dollars, has just announced[1] that it has been hacked, and the service has taken a loss of 24,000 BTC, worth about $250,000 at the time of the theft. As Roman Sht... Read More ...
Read MoreUse Secure Passwords for your Self-Generated Private Keys
August 11, 2012 | Vitalik Buterin | 2 CommentsOne of the lesser known features of Bitcoin is that the private keys, which form the basis for a Bitcoin address, do not need to be generated randomly; instead, one can generate a Bitcoin address, fully compatible w... Read More ...
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