New Russian malware mines different cryptocurrency based on your system84.73
    Is your computer suddenly sluggish and hot all the time? You might have fallen victim to this new Russian malware designed to steal your computing power to secretly mine cryptocurrency. Researchers from McAfee labs have discovered a new breed of crypto-jacking malware which cannibalizes your computing power to mine Monero or Zcash. What is particularly interesting is that the malware – dubbed WebC...
    Target confirms its Twitter was hacked to promote a Bitcoin scam38.34
    Target has officially confirmed its Twitter account got hacked to promote a malicious cryptocurrency giveaway scam, promising over $31 million worth of Bitcoin to naive investors. “Early this morning, Target’s Twitter account was inappropriately accessed” a company spokesperson told Hard Fork in an email. “The access lasted for approximately half an hour and one fake tweet was posted during that t...
    IBM opens up its blockchain dev platform to AWS (and other cloud services)60.32
    IBM appears hell-bent on establishing its dominance in the fledgling blockchain enterprise market. The company has announced a bunch of improvements to its IBM Blockchain Platform, which offers a suite of developer tools to build decentralized solutions. Among other things, the platform will now support third-party cloud providers like AWS (Amazon Web Services). “To support clients as they work to...
    Walmart, Microsoft, AT&T-Backed Foundry Invests Millions in Encryption Pioneer-1.75
    In the 1980s, Shafi Goldwasser co-invented “zero knowledge proofs,” a cryptographic breakthrough that, improbably, enables someone to prove a fact as true without revealing any information about that fact. For example, an investor seeking to prove her status as an accredited investor could demonstrate that her salary exceeds a certain minimum threshold while withholding the exact amount. (You can ...
    An examination of proof-of-work and how it solves the mass coordination problem-7.7
    Bitcoin itself is a marvel of modern engineering. As technology typically evolves, we are much farther ahead in our development of Bitcoin and other blockchain technologies than we are with our fundamental understanding of them. This post is an attempt to understand the underlying machinations that allow Bitcoin to be the tour de force that it is. I see the proof-of-work mechanism as the most sign...