The Electrum Personal Server Will Give Users the Full Node Security They Need

The Electrum Personal Server promises a resource-efficient, secure and private way to use bitcoin with hardware and software wallets, connected to full nodes. Developed by open-source programmer Christian Belcher, best known for his contributions to JoinMarket, the Electrum Personal Server directly addresses vulnerabilities with the popular Electrum Bitcoin wallet, while sparing users the significant resource usage of an Electrum server.

Following Massive Cryptocurrency Hack, Coincheck Pledges to Improve Operations, Refund Losses

Following one of the largest hacks in the history of cryptocurrency, Japanese cryptocurrency exchange Coincheck has announced that it will comply with an order from Japan’s Financial Services Agency to improve its business operations.
DressCode Android Botnet Remains Active 16 Months After Its Discovery

DressCode Android Botnet Remains Active 16 Months After Its Discovery

Botnets have proven to be a major pain in the rear for both security researchers and consumers. DressCode, one of the oldest Android botnets in existence, is still operational 16 months after it was initially discovered. This is a very real problem, as the malware opens a direct connection to infected phones. It is unclear why this solution still thrives in 2018, especially considering that most of the infected Google Play apps were removed over a year ago. DressCode Botnet is Still a Problem In the world of internet security, there are still plenty of things which need to change sooner rather than later.
SpriteCoin Infects Cryptocurrency Users’ Computers with Ransomware

SpriteCoin Infects Cryptocurrency Users’ Computers with Ransomware

Cryptocurrency users have become a favorite target of cybercriminals over the past few years. With the value of all these currencies increasing exponentially, it is evident that criminal entities want their share of the cake. As a result, we have seen an influx of new malware-laden applications and tools, all of which are designed to obtain Bitcoin or altcoins. In the case of SpriteCoin, a wallet application is actually a delivery platform for a new type of ransomware. Beware of the Fake SpriteCoin Application In the wide world of useless altcoins, a name like SpriteCoin doesn’t stand out as potentially malicious.
Evrial Malware Steals Bitcoins by Changing Clipboard-Copied Addresses

Evrial Malware Steals Bitcoins by Changing Clipboard-Copied Addresses

Cryptocurrency users have learned firsthand how destructive Trojans can be these days. It seems a new threat has emerged which goes by the name of Evrial. What makes this particular Trojan so annoying to deal with is that it can change a Bitcoin address copied to one’s clipboard. As a result, a lot of money will eventually be sent to the wrong Bitcoin address, which is a very worrisome development. Beware of the Evrial Bitcoin-stealing Trojan This is neither the first nor the last time Bitcoin users will be confronted with a Trojan.

Cornell IC3 Researchers Propose Solution to Bitcoin’s Multisig “Paralysis” Problem

Owning cryptocurrency comes with its own set of challenges. One of the biggest of those challenges is managing the private keys that enable you to spend funds. Lose your private keys, and your money is gone. In a business environment, a common way to manage funds owned by multiple people is via what’s called a multisignature (multisig) address, a type of smart contract requiring two or more parties to sign off on a transaction to move the funds.
Dark Caracal Malware Is a Threat to All Mobile Device Users

Dark Caracal Malware Is a Threat to All Mobile Device Users

The electronic devices we use on a daily basis are very prone to hacks, theft, and other software-related issues. One particular security bug uncovered by the Electronic Frontier Foundation has researchers greatly concerned. A new type of malware designed to look like popular social messaging applications has already stolen gigabytes worth of data. This puts smartphones and some tablets at risk, but finding a solution to this threat may prove far more difficult than anyone would like. Lebanese Malware has Researchers Concerned Any type of tool that is designed to steal sensitive information is of great concern to security researchers.

Making Voting, Elections Both Secure and Accessible with Blockchain Technology

Voatz, a startup based in Boston, MA, promises to dispel some of the biggest challenges associated with voting: access, security, transparency and efficiency. The company plans to achieve this goal by combining internet-based voting with blockchain technology. What is Voatz? Voatz enables voters to make their voices heard conveniently by allowing mobile voting via any smartphone or tablet connected to the internet.

SEC/NASAA Ring in 2018 by Hinting at Need for (More) Cryptocurrency Regulation

Yesterday, January 4, 2018, the three prominent figures of the U.S. Securities and Exchange Commission (SEC) endorsed the concerns raised in the North American Securities Administrators Association (NASAA)’s cautionary directive on cryptocurrencies, ICOs, and other “Cryptocurrency-Related Investment Products.
A Monero Mining Bot Is Spreading Through Facebook Messenger

A Monero Mining Bot Is Spreading Through Facebook Messenger

If you’ve interacted with Facebook, you may have had run-ins with spam bots that infest your profile (or your friends’ profiles) and post links or advertisements without your permission. Well, the same malware that tells your friends to “Check out this link for 90% off a BRAND NEW pair of Ray-Bans. WOW!” is now being used to mine cryptocurrency. A downloaded client runs mining software that contributes hashing power to the malware’s source server. Unaware Facebook users may have downloaded this bot through links shared on Facebook Messenger.

After Second Hack This Year, South Korean Exchange Youbit Closes Down

South Korean exchange Youbit announced on its website today that it is closing down after a hack early Tuesday, December 19, 2017, that resulted in the loss of 17 percent of its assets. The exchange, previously known as Yapizon, did not indicate how many bitcoins or other cryptocurrencies were stolen or what the total fiat value of the attack amounted to, but it was enough to lead to bankruptcy.
On Net Neutrality, VPNs, the Decentralized Web, and Supercomputers

On Net Neutrality, VPNs, the Decentralized Web, and Supercomputers

Now that net neutrality is dead here in America, you may be left wondering: is there anything I can do to fight this? Well, there’s a pretty strong case to be made for virtual private networks (VPNs) in light of the news, and there’s an even stronger case to be made for decentralized web protocols that run on the blockchain. Both VPNs and crypto platforms like Substratum and Golem could allow people to circumvent the potential manipulation of data access that net neutrality’s repeal may invite.
The Reaper Is Grim – What to Expect From the Latest Botnet

The Reaper Is Grim – What to Expect From the Latest Botnet

Using a network of internet-connected devices, botnets efficiently steal data, deny services, send spam, and perform a bevy of other frustrating and destructive actions against unassuming users. Botnets aren’t the newest malware on the web, but they continue to be effective at spreading malicious code and gaining fame and fortune for their creators. In fact, just this month, Israeli and Chinese security firms identified what could develop into the largest and most dangerous botnet ever: Reaper.

Kaspersky Lab and Parity Technologies Launch Blockchain-Based Voting System

Cybersecurity company Kaspersky Lab unveiled Polys, a secure online voting system based on blockchain technology and backed with transparent crypto algorithms, at the company’s annual Cybersecurity Weekend event in Dublin.
The DAO Again? Fears, Forks and Finger-Pointing In Parity Exploit Aftermath

The DAO Again? Fears, Forks and Finger-Pointing In Parity Exploit Aftermath

In the wake of one of ethereum's largest-ever security exploits – if not the largest – the technology's community is showing signs of possible crisis. After "accidentally" hitting a vulnerable patch of code, a developer froze the money in all Parity multi-signature wallets deployed after July 20. Users of these wallets can no longer use the ether, totaling at least $150 million dollars by some estimates.
Ethereum Client Bug Freezes User Funds as Fallout Remains Uncertain

Ethereum Client Bug Freezes User Funds as Fallout Remains Uncertain

An unknown amount of user funds on the ethereum network have been frozen due to a code issue with the Parity wallet software. The security vulnerability which activated the freeze was found yesterday in ethereum's second most popular client by a developer going by the name "devopps199," who reported it on GitHub. The vulnerability affects any Parity wallet deployed after July 20 that uses the company's "multi-signature" functionality.
Ethereum Client Bug Freezes User Funds as Fallout Remains Uncertain

Ethereum Client Bug Freezes User Funds as Fallout Remains Uncertain

An unknown amount of user funds on the ethereum network have been frozen due to a code issue with the Parity wallet software. The security vulnerability which activated the freeze was found yesterday in ethereum's second most popular client by a developer going by the name "devopps199," who reported it on GitHub. The vulnerability affects any Parity wallet deployed after July 20 that uses the company's "multi-signature" functionality.
Trust No One: Ethereum Smart Contract Security Is Advancing

Trust No One: Ethereum Smart Contract Security Is Advancing

"Everyone here is a target for attack. Be paranoid." That's how Ethereum Foundation security lead Martin Swende ended his deep-dive lecture on smart contract security at Devcon3 yesterday. At this point, he's witnessed his fair share of attacks on ethereum and wants the community to know what they're getting into. There was The DAO hack, where millions of dollars in ether was stolen due to a smart contract bug.
Bitcoin Gold Team Touts Safety Update Ahead of Coin Release

Bitcoin Gold Team Touts Safety Update Ahead of Coin Release

The bitcoin gold development team has announced that it is adding support for two-way replay protection ahead of the network's expected launch. Bitcoin gold is a fork of the bitcoin network, created with the primary aim of restricting the use of specialized chips for bitcoin mining through a change in the code. The effort is backed by an open-source community of relatively unknown developers, as well as LightningASIC, a seller of mining hardware based in Hong Kong.
British Telecom Awarded Patent for Blockchain Security Method

British Telecom Awarded Patent for Blockchain Security Method

The U.K.'s largest internet and telecoms provider has been awarded a patent for a proposed cybersecurity measure aimed at protecting blockchains. In the patent, awarded on Oct. 31, British Telecommunications PLC (BT) outlined a method designed to prevent malicious attacks on blockchains – outlining a way to limit who can commit transactions to the system through user-specific profiles.
IPVanish and PureVPN Keep Customer Logs Despite Claiming Otherwise

IPVanish and PureVPN Keep Customer Logs Despite Claiming Otherwise

Virtual private network solutions are not all that hard to come by. Most of the companies offering such services claim not to log any user information whatsoever. As it turns out, that is not always the case. In fact, quite a few companies have made such claims and gone on to share information with the US government when asked for it. It’s a pretty worrisome trend, to say the least. VPNs Aren’t Always Honest In a way, it is not entirely surprising to find out that not all VPN providers do what they claim to.
Leaks Everywhere – How Much Of Your Data is Being Used by Third Parties?

Leaks Everywhere – How Much Of Your Data is Being Used by Third Parties?

Whether you know it or not, unless you are using a VPN, almost every action you make online is recorded digitally. Facebook, Yahoo, CNN, Youtube and Amazon –to name a few–  are all using algorithms to track users’ online behaviour, and using this data themselves, or selling it on to third parties, like advertising agencies.
Top Secret? Microsoft Opens Door to Government Blockchain Use

Top Secret? Microsoft Opens Door to Government Blockchain Use

The U.S. government's most sensitive data could soon be secured on a blockchain. Revealed today at Microsoft's Government Cloud Forum 2017 in Washington D.C., the tech giant is launching Azure Government Secret – a service designed to provide government agencies better access to cloud computing. In doing so, however, Microsoft is notably opening the door to its blockchain offering – along with the new service, it is also allowing its existing Government Cloud clients access to the Microsoft Azure blockchain-as-a-service suite.
DC Judge Tells DOJ to Leave Anti-Trump Traffic Logs Alone

DC Judge Tells DOJ to Leave Anti-Trump Traffic Logs Alone

Internet rights and freedom of assembly advocates rejoice! The judiciary has come down on the side of US citizens fighting to protect their rights. We recently reported on President Trump’s Department of Justice requesting identifying information on visitors to a protest website, but that may now be a thing of the past. A judge has issued a statement indicating that the United States government has “no right to rummage” through the anti-Trump traffic log. Thankfully the Courts Protect Our Rights This is huge.
Faceliker Facebook Malware Makes a Surprise Comeback

Faceliker Facebook Malware Makes a Surprise Comeback

Malware comes in many different shapes and sizes. Although most malware strains have something to do with cryptocurrency in one way or another, Faceliker has proven to be a very different creature altogether. As the name somewhat suggests, this malicious tool is capable of manipulating Facebook likes. It turns out there is a lot more activity associated with Faceliker than most people would expect. Faceliker Popularity Surges all of a Sudden In this day and age of social media, people want others to like their posts as much as possible.