Tag: bitcoin security

Mar 22 2022

Everything We Know About Netflix’s “Trust No One: The Hunt for the Crypto King”

It’s about time Netflix’s true crime unit turned its eye to cryptocurrencies. In the tradition of “The Tinder Swindler,” “Crime Scene: The Vanishing at the Cecil Hotel,” and “Abducted in Plain Sight,” a new documentary will have people talking soon. This time, Netflix will tell the story of QuadrigaCX, a cryptocurrency exchange with something to hide. Did Gerry Cotton fake his own death...

Mar 21 2022

Data Leak At Unchained Capital, NYDIG, Swan & BlockFi. At The Same Time

What do Unchained Capital, NYDIG, Swan Bitcoin, and BlockFi have in common? Third-party providers. Even though the four companies confronted the data leak head-on and admitted their wrongs, the compromised security was someone else’s. Luckily, the data the bad actors stole was not critical financial information, but marketing-driven personal info. Terrible, to be sure, but not as terrible as it could have been....

Feb 24 2022

Is Block About To Change Bitcoin’s Self-Custody, Hardware Wallet Game? Probably

Exciting times at the Block headquarters. In today’s world, self-custody of your coins is one of the most important things there is. And Jack Dorsey’s bitcoin-focused company knows this. That’s why Block’s Square team is building a hardware wallet, even though Nick Slaney, Product Design Engineer, thinks it’s “so much more.” In a recent Twitter thread,...

Aug 21 2021

Is MIT ChainAnchor Still Relevant? This Bitcoin Technical Expert Thinks So

Why does a seemingly abandoned MIT project from 2016 still matter in 2021? Because MIT ChainAnchor serves as a model for future attacks to the Bitcoin blockchain. A decentralized, permissionless, and uncensorable network is a threat to the status quo. The value and freedom that Bitcoin brings to the world comes at the expense of those who want the population poor, scared, and...

May 19 2021

This Is What Happens When Cyber Criminals Use Bitcoin: The DarkSide Saga

A point of contention non-coiners have regarding Bitcoin is its alleged use by cybercriminals. People use the leading cryptocurrency for nefarious purposes, that’s a fact. However, so is every other form of money known to man used. There’s a difference, though: The blockchain. It registers every Bitcoin transaction, forever. A point that the DarkSide saga illustrates beautifully. As...

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