archiveSecurity

Blockchain DApps

Quantoz Makes Progress on Blockchain-Based Digital Cash & Secure Payment for IoT Devices

Dutch blockchain technology firm Quantoz indicated today that its development team is making rapid progress on two blockchain-based solutions, Quasar and SPUR. Quasar is a blockchain technology based digital cash solution that delivers the infrastructure for rapid payment and transaction settlement between enterprises, people and the Internet of Things devices....
BitcoinPaymentWallets

BitGo Reaches $1B Bitcoin Transactions in First Quarter 2015

Bitcoin security platform BitGo today revealed it has transacted $1 billion in the first quarter of 2015. According to the provider of multisig and P2SH Bitcoin wallet technology, BitGo’s wallet and API products have not experienced a single security breach or theft of funds since the company’s launch in 2013. BitGo also claimed that its various...
BitcoinWallets

BitGo Releases iOS App for BIP32 Wallet Backup Keys

Bitcoin wallet security firm BitGo just released a mobile phone application that generates backup keys for customers using BIP32 wallet. The app, called KeyTool, is available for iOS phone users on iTunes. BitGo Director of Marketing Regina Scolaro explained: Currently, when setting up a BitGo wallet, our users have the...
BitcoinMining

Bitcoin Shop Officially Completes Name Change to BTCS

Bitcoin Shop has formally completed its name change to BTCS, which is also its OTCQB Venture Marketplace ticker symbol. The name change should be reflected in the coming weeks once it is processed by the Financial Industry Regulatory Authority. Charles Allen, BTCS CEO, commented: While our Company was initially focused...
BitcoinBlockchain DAppsMiningPayment

Bitcoin Shop Cancels Outstanding Options Before Planned Merger with Spondoolies-Tech

The management team of OTC-traded Bitcoin Shop, Inc. (BTCS) has agreed to voluntarily cancel all 12,450,000 of their options, representing all of the Company's outstanding options, ahead of the Company's anticipated merger with clouding mining and hardware firm, Spondoolies-Tech. Charles Allen, Chief Executive Officer of BTCS, commented: As we continue...
Bitcoin

BitGo Rolls Out Proof-of-Solvency Service, Signs Up ChangeTip

Bitcoin security platform BitGo has debuted its "Verified by BitGo" proof-of-solvency service. The service has already been adopted by micropayment service ChangeTip, providing a real-time view of bitcoin assets and assuring ChangeTip’s customers and partners of adequate funds. Companies using BitGo’s security platform can adopt and use BitGo's solvency service...
BitcoinBlogExchangesWallets

After $5M Hack, Bitstamp Shutdown, in Crisis Mode

The news induced a shudder across the bitcoin ecosystem. Yesterday, one of the biggest bitcoin exchanges Bitstamp announced that its services were temporarily suspended due to a security issue. Apparently, Bitstamp's hot wallet services were hacked. The exchange issued a the following statement slightly after midnight UTC on January 6th....
Bitcoin

ESET Cracks TorrentLocker Malware That Ransoms Bitcoin

Internet security firm ESET has analyzed a major ransomware known as TorrentLocker that demands bitcoin from its victims. A ransomware is a malware that restricts access to a computer system and files, and demands a ransom paid to the malware's creators. Originally surfacing in early 2014, the latest variant of the malware...
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