Attacks/Breaches

Bitcoin Thefts Surge, DDoS Hackers Take Millions

Cryptographic currency's massive rise in value leads to a corresponding increase in online heists by criminals seeking easy paydays.

(Source: zcopley)
(Source: zcopley)

Comment  | 
Print  | 
Comments
Newest First  |  Oldest First  |  Threaded View
Page 1 / 3   >   >>
infinitnet
50%
50%
infinitnet,
User Rank: Apprentice
1/3/2014 | 10:51:16 AM
Bitcoin Pools/Exchangers DDoS Protection
The size and amount of DDoS attacks is constantly growing, especially when it comes to Bitcoin - be it Exchangers, Mining Pools, Forums or anything really. Especially Bitcoin mining pools are targeted by DDoS attacks lately and if you operate one, you should always consider to keep it DDoS protected from the beginning, to avoid your miners leaving as soon as a DDoS attack hits.
KashfiyaRafa
50%
50%
KashfiyaRafa,
User Rank: Apprentice
12/22/2013 | 9:15:55 AM
Myriad Development of Bitcoin Platform CryptoCafe.com

Hi,

Bitcoin going to save the global economy, Bitcoins are digital coins transferred from person to person, without using a bank or centralized service. 

Bitcoin is not a system of claims. Bitcoin is a pseudo-commodity, not a claim. People who purchase Bitcoins do not have a claim on anybody, nor does anybody have a claim on them. The biggest difference between bitcoin and other virtual currencies is that bitcoins are the only one which have speculative value. 


CryptoCafe is going to be big in the world of Bitcoin, be sure to sign up for the big  release announcement. The website is owned by a public company called Myriad Interactive, the stock symbol is MYRY and its predicted to be very big!

 

Myriad Interactive Media Begins Development of Bitcoin Platform CryptoCafe.com

Thanks :)

Lorna Garey
100%
0%
Lorna Garey,
User Rank: Ninja
12/2/2013 | 11:22:07 AM
Old advice applies
My dad always told me to buy low and sell high. Seems like BitCoins are akin to junk bonds -- maybe worth buying low at $3 for the novelty, see if they appreciate. But that's not the basis for long-term success as a currency.
Li Tan
50%
50%
Li Tan,
User Rank: Apprentice
12/1/2013 | 8:55:04 PM
Re: Bitcoin Banking
The bitcoin is something new but the concept is not. In Internet world there is this kind of inventions. For example, in China a company named Tencent has so-called "Q coin", which you can use for online transaction but it's not equivalent to bitcoin - you cannot use it in exchange for cash. I believe the trend will continue and in the long run the security will be the biggest concern.
vitorleur
50%
50%
vitorleur,
User Rank: Apprentice
11/29/2013 | 1:39:37 PM
Re: Virtual Highway Robbery
As long as the user base will grow so will grow the value of bitcoin. The number of bitcoin wallets on blockchain.info went up from 50 thousands in Jan 2013 to almost 700 thousands now and the growth is accelerating exponentially. The number of users might well grow from 700000 now to over one billion users in 10 years or even before that. At that time everyone will be accepting bitcoins as currency. Since the max number of bitcoins is limited I can only guess what price of bitcoins will be in dollars if dollar will survive by then.
samicksha
50%
50%
samicksha,
User Rank: Apprentice
11/29/2013 | 4:33:01 AM
Re: Virtual Highway Robbery
Bitcoin is currently more of a asset than a currency. And a crash is not the only risk Bitcoin users face. As the price rises, Bitcoin theft is increasing, both from individuals and from online exchanges.
Joe Stanganelli
50%
50%
Joe Stanganelli,
User Rank: Strategist
11/28/2013 | 5:48:58 PM
Re: Virtual Highway Robbery
Indeed, if your Bitcoins are stolen or lost, it's a lot harder to prove they were yours -- or that you even owned them to begin with!

Some governments are entertaining converting their currencies to entirely digital systems, getting rid of physical cash, so it will be interesting to see how the two systems compare against and evolve with each other.
Brian.Dean
50%
50%
Brian.Dean,
User Rank: Apprentice
11/28/2013 | 5:24:54 PM
Re: Virtual Highway Robbery
Actually, yes you are right, the dollar too is only backed by a belief that everyone will accept it when a transaction needs to be made, and that the reserve bank will not over produce it. That is the case with any economy with a central bank, and gold also has the same assumptions. If more people use the dollar and it gains mass then it will be more stable.
RachelB318
50%
50%
RachelB318,
User Rank: Apprentice
11/28/2013 | 10:14:49 AM
How spend Bitcoin anywhere
Spend bitcoin anywhere in the world. https://www.plazacoin.com/?aff=529451ba4a49d
Shepy
50%
50%
Shepy,
User Rank: Apprentice
11/28/2013 | 7:07:17 AM
Re: Virtual Highway Robbery
"Bitcoin's volatility and insecurity are big turn offs. I'll stick with the dollar. When, if ever, will bitcoin be ready for primetime?"

Yeah, remember when you read that article about 4 million of actual money being accidentally thrown in the skip, like some guy who did so with a bitchain wallet recently in the news...
Page 1 / 3   >   >>
Register for Dark Reading Newsletters
White Papers
Cartoon
Current Issue
Dark Reading Tech Digest, Dec. 19, 2014
Software-defined networking can be a net plus for security. The key: Work with the network team to implement gradually, test as you go, and take the opportunity to overhaul your security strategy.
Flash Poll
Video
Slideshows
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2013-4440
Published: 2014-12-19
Password Generator (aka Pwgen) before 2.07 generates weak non-tty passwords, which makes it easier for context-dependent attackers to guess the password via a brute-force attack.

CVE-2013-4442
Published: 2014-12-19
Password Generator (aka Pwgen) before 2.07 uses weak pseudo generated numbers when /dev/urandom is unavailable, which makes it easier for context-dependent attackers to guess the numbers.

CVE-2013-7401
Published: 2014-12-19
The parse_request function in request.c in c-icap 0.2.x allows remote attackers to cause a denial of service (crash) via a URI without a " " or "?" character in an ICAP request, as demonstrated by use of the OPTIONS method.

CVE-2014-2026
Published: 2014-12-19
Cross-site scripting (XSS) vulnerability in the search functionality in United Planet Intrexx Professional before 5.2 Online Update 0905 and 6.x before 6.0 Online Update 10 allows remote attackers to inject arbitrary web script or HTML via the request parameter.

CVE-2014-2716
Published: 2014-12-19
Ekahau B4 staff badge tag 5.7 with firmware 1.4.52, Real-Time Location System (RTLS) Controller 6.0.5-FINAL, and Activator 3 reuses the RC4 cipher stream, which makes it easier for remote attackers to obtain plaintext messages via an XOR operation on two ciphertexts.

Best of the Web
Dark Reading Radio
Archived Dark Reading Radio
Join us Wednesday, Dec. 17 at 1 p.m. Eastern Time to hear what employers are really looking for in a chief information security officer -- it may not be what you think.