“A widely used Bitcoin wallet service plans to issue refunds to people who saw their bitcoins stolen as a result of a weakness in its application. Blockchain.info, which has a Web-based service called My Wallet, has also upgraded its application after finding a vulnerability similar to one discovered earlier this month in some Bitcoin wallet programs running on the Android mobile OS. Interest in Bitcoin has surged since its debut just four years ago. The system offers a low-cost way to transmit virtual currency over the Internet, and many companies and entrepreneurs are working to solve concerns around how to safeguard bitcoins from hackers.”
Related posts:
Western Union Tanks on Poor Guidance as Bitcoin Gains Prominence
Texas man raised over $4.5M in 2012 Bitcoin Ponzi scheme, feds allege
Federal Reserve Spies on France
Bitcoin saves Australian company TOMCAR $50,000 in bank fees
When Every Day is Payday
Oakland PD pointed firearms at a sleeping baby executing misdemeanor search warrant
European Court of Justice Official Proposes Bitcoin VAT Exemption
The first Bitcoin based bank in Cyprus is coming!
K9 Attacking Mentally Ill Man for No Reason Is 'Proper Procedure'
CA Attempt To Ban E-Cigarettes, Vaporizers Fails
Man Charged with Murder After Cop Wrecks Trying to Give Him Ticket
Google report reveals world government requests for private data rising sharply
California poised to implement first electronic license plates
Caregiver Bloomberg Now Wants New Yorkers To Use The Stairs
Afghan Children Legitimate Targets, Says U.S. Lt. Col., As They Might Have "Hostile Intent"