Tag Archives: anonymous cryptocurrency

A Typo in Zerocoin's Source Code helped Hackers Steal ZCoins worth $585,000

Are you a programmer?

If yes, then you would know the actual pain of… “forgetting a semicolon,” the hide and seek champion since 1958.

Typos annoy everyone. Remember how a hacker’s typo stopped the biggest bank heist in the history, saved $1 billion of Bangladesh bank from getting stolen.

But this time a typo in the Zerocoin source code costs the company more than $585,000 in losses.
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Malicious Cryptocurrency Mining tool turns Computers into Zcash Mining Machines

Since its launch over a month ago, new virtual currency Zcash (ZEC) has become a significant way for cybercrooks to make money by infecting computers with software mining program.

Launched in late October, Zcash (ZEC) is a new cryptocurrency currency that claims to be more anonymous than Bitcoin, as the sender, recipient and value of transactions can be hidden.

With this premise, Zcash