Latest Bitcoin publications
An anonymous online black market site, Darkleaks, has been discovered which facilitates whistleblowing and helps blackmailers make money from selling confidential and valuable data in exchange for Bitcoin. The decentralised black marketplace is built on blockchain technology and is available to download as a free software package, with its source code published openly on code-sharing… Read More
Bter, a Chinese Bitcoin exchange, was hacked on Valentine’s Day with the cyber criminals stealing an expected $1.75mn (approx. £1.1mn) worth of the cryptocurrency. The popular China-based firm has not yet released much detail about the breach, but has revealed that 7,170 BTC was stolen from its offline store, or ‘cold wallet’, on the 14th February,… Read More
Adyen, the online payments service used by top online merchants such as Facebook, Uber, Airbnb and Spotify, has today added a bitcoin option as payment method, in collaboration with BitPay. The Netherlands-based startup, valued at $1.5bn (approx. £993mn), lists over 3,500 international e-retailers, including four of the five leading tech firms in the US. Adyen processed… Read More
A senior web-intelligence analyst in Singapore claims to have found proof that Islamic State (Isis) is following up practically on last year’s indications that it would use Bitcoin to fund its activities. Israeli newspaper Haaretz [paywalled] reports that Ido Wulkan from Simulation Software & Technology (S2T) Pte Ltd has discovered substantial evidence of a US-based… Read More
The virtual currency Bitcoin lost 21 per cent of its value yesterday, equating to a total loss this year of 44 per cent. Reports have suggested that this rapid fall is squeezing computer supporting systems and is raising alarm about its future viability. According to Coindesk, Bitcoin’s value fell to $179.37 (£117.94), 85 per cent… Read More