Tag Archives: Blockchain

BlockChain.info Domain Hijacked; Site Goes Down; 8 Million Bitcoin Wallets Inaccessible

If you are fascinated with the idea of digital currency, then you might have heard about BlockChain.Info.

It’s Down!

Yes, Blockchain.info, the world’s most popular Bitcoin wallet and Block Explorer service, has been down from last few hours, and it’s believed that a possible cyber attack has disrupted the site.
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The site is down at the time of writing, and the web server

Warning — Bitcoin Users Could Be Targeted by State-Sponsored Hackers

Another day, another bad news for Bitcoin users.

A leading Bitcoin information site is warning users that an upcoming version of the Blockchain consolidation software and Bitcoin wallets could most likely be targeted by “state-sponsored attackers.”

Recently, one of the world’s most popular cryptocurrency exchanges, Bitfinex, suffered a major hack that resulted in a loss of around $72 Million

Craig Wright Will Move Satoshi Nakamoto's Bitcoin to Prove His Claim

Yesterday, BBC broke a story allegedly revealing Craig Wright as the original creator of Bitcoin digital currency Satoshi Nakamoto.

However, the highly skeptical cryptographic community is definitely not yet convinced with the technical proofs Wright has yet provided to the media outlets and on his blog.

Now, Wright has promised to provide further evidence for his claim that he is behind the

​DARPA Wants To Build Ultra Secure Messaging App for US Military

Just last month, DARPA launched a project dubbed “Improv,” inviting hackers to transform simple household appliances into deadly weapons.

Now, the Defense Advanced Research Projects Agency is finding someone in the private sector to develop a hacker-proof “secure messaging and transaction platform” for the U.S. military.

Darpa wants researchers to create a secure messaging and transaction

Wanna Mine Bitcoins Faster? Researchers Find New Way to Do it

A new machine for Bitcoin Mining called “Approximate Hardware” would make Bitcoin mining easier.

Bitcoin had gained tremendous popularity over a few couple of years among the virtual currencies due to its decentralized principle.

Mining a single Bitcoin is not an ice cake walk, as it requires an enormous amount of computing power to dig Bitcoins.

To overcome this issue and mine

Nasdaq to Use Bitcoin-style Blockchain to Record Shareholder Votes

The Nasdaq stock exchange and the Republic of Estonia have announced the use of Blockchain-based technology to allow shareholders of companies to e-vote in shareholder meetings even when they’re abroad, according to Nasdaq’s press release.

Global stock market giant is developing an electronic shareholder voting system implemented on the top of Blockchain technology that underpins Bitcoins.

Bitcoin Core Developers Quit Bitcoin Project to Launch a New Digital Currency

Some of Bitcoin’s Core developers have left the Bitcoin project and started building their separate cryptocurrency called DECRED.

Decred aims to prevent the issues Bitcoin is currently facing regarding project governance and development funding.

CEO of ‘Company 0’, Mr. Jacob Yocom-Piatt, who has funded Bitcoin development since early 2013, said the actual development of the Bitcoin

Bitcoin Creator 'Satoshi Nakamoto' Unmasked! An Australian Man 'Craig Wright' identified…

Breaking Update: Police Raid alleged Bitcoin Creator Craig Wright’s Home in Sydney.

Yes, Satoshi Nakamoto, the mysterious creator of the Bitcoin digital cryptocurrency has possibly been identified as an Australian entrepreneur, according to investigations independently done by Wired and Gizmodo.

His name is Craig Steven Wright…

…at least based on some convincing evidence shown by

Police Raid alleged Bitcoin Creator Craig Wright's Home in Sydney

Just hours after the Australian man ‘Craig Steven Wright’ outed as the possible real identity of Satoshi Nakamoto, the anonymous creator of Bitcoin, Australian Police raided his home in Sydney.
Over 10 police officers raided Wright’s home in the Sydney suburbs on Wednesday afternoon. They forcefully opened the door, and ‘started searching the cupboards and surfaces of the garage.’
However, the

AVG at the 21st Internet Identity Workshop

The Internet Identity Workshop (IIW) recently held their 21st Meeting and AVG was one of the sponsors.  Once again hosted at the Computer History Museum in Mountain View, California, this academic conference is focused on finding, probing and exploring the issues related to identity management.

The organizers, Phil Windley (@windley) and Kaliya Hamlin (@IdentityWoman) have managed to keep the IIW event rich with content, and suitably engaging to attract a loyal following of technical people.

The core themes of the conference were around trust, identity, privacy and technology – areas that we at AVG are very passionate about!

While a lot of users are quite proficient with the “sticky note system” for managing their internet identity, passwords and usernames – this conference by contrast is aimed at highly technical and advanced solutions that one day might provide a better and more secure alternative.

Technological advancement is happening quickly in the world of identity, and even a relatively new technology such as OAuth 2.0 is old news at IIW, with this year’s conversation all about the Blockchain – a technology utilized by the well-known cryptocurrency, Bitcoin.

Whereas previous identity recommendations have centered around technologies that look like an unbreakable-black-box, the Blockchain discussion is driven by a general consensus for complete transparency underpinned by cryptography that provides security and integrity.

The notion of using a Blockchain, which is a type of ‘distributed ledger’ offers the possibility of providing a secure history of every transaction – a chain of trust, which also acts as a permanent record of your identity that cannot be removed or tampered with.

This model of establishing trust is quite intuitive and human. We trust people who are trusted by others, and so forth. For example, it’s the way Google search rankings work (pages that link to other pages), and the way that SSL certificates are signed so you can trust your banking website.

“No, I am your father!”, from Darth Vader in Star Wars, just wouldn’t have carried the same element of surprise to Luke if they had access to Blockchain technology!