digital currency

Bitcoin Worth $72 million Stolen From Bitfinex Exchange in Hong Kong

HONG KONG, Aug 3 – Nearly 120,000 units of digital currency bitcoin worth about US$72 million was stolen from the exchange platform Bitfinex in Hong Kong, making it the second-biggest security breach ever of such an exchange. Bitfinex is one of the largest exchanges for bitcoin, and is known in the digital currency community for

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Australian Craig Wright Tells BBC He Is Bitcoin Creator

By Byron Kaye SYDNEY, May 2 – Australian tech entrepreneur Craig Wright has told the BBC he was the creator of controversial digital currency bitcoin after years of speculation about a person who until now has gone by the name of Satoshi Nakamoto. The BBC reported on Monday that Wright gave some technical proof demonstrating

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Cyber-Attacks: Better Safe Than Sorry

Finding an effective weapon to thwart cyber-attacks BY Aji Joseph A few months ago, when cybercrime and extortion organization DD4BC, which stands for ‘DDoS for bitcoin,’ hacked into some of the U.K.’s leading banks and demanded ransom in bitcoins to avoid a total takedown of the system, it was just one in a long list of rising

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Apple Users Targeted in First Known Mac Ransomware Campaign

By Jim Finkle BOSTON, March 7 – Apple Inc customers were targeted by hackers over the weekend in the first campaign against Macintosh computers using a pernicious type of software known as ransomware, researchers with Palo Alto Networks Inc told Reuters on Sunday. Ransomware, one of the fastest-growing types of cyber threats, encrypts data on

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