Security

Auto Added by WPeMatico

US Blames Bitcoin Ransomware Attack Wannacry on North Korea

by

The US government has announced it now officially considers North Korea to be behind the Wannacry bitcoin ransomware cyber attack which caused billions of dollars in damages earlier this year. Also Read: Thomson Reuters Adds Bitcoin Cash to Eikon Platform Wannacry Writing in the Wall Street Journal, The US President’s Homeland Security Advisor Thomas P. … Read more

Korean Cryptocurrency Exchange Youbit to Close After Second Hack in a Year

by

South Korean cryptocurrency exchange Youbit has revealed plans to file for bankruptcy. The decision to close operations follows announcements that the exchange was hacked for the second time this year. Also Read: More Firms Entering the Bitcoin Market See Stocks Soar    Second Accident in a Year Youbit announced on its website on Tuesday that it … Read more

Brainwallet: The Bitcoin Wallet That’s All in Your Head

by

If the safety of your bitcoins is keeping you awake at night, perhaps it’s time you considered a more secure solution. Exchanges can be hacked, smartphones can die, and hardware wallets can be lost. For the ultra-paranoid, there’s only one storage option that’s impregnable to all known attack vectors – the brainwallet. If you get … Read more