“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.”
(Visited 33 times, 1 visits today)
Related posts:
Oops: TSA Doesn't Think Terrorists Are Plotting To Attack Airplanes
Price of Lunch with Warren Buffett Crashes
Forced sterilization victims still seek justice in US
Northern Michigan Secession
Lavabit Founder Ladar Levison, The Rosa Parks of Internet Freedom
U.S. Passport as Instrument of Control
The head of the IMF says bitcoin is 'too expensive for me at the moment'
Gary Raney: The Slave-Catching Sheriff of Ada County, Idaho
Indoctrination Nation: Students Taking Oath To Constitution In Order To Graduate?
Amazon Facial Recognition Confuses Members of Congress with Criminals
One Thing Explains Why Home Prices Are Rising In Some Cities And Falling In Others
Peter G. Klein on "Blackberry" and Creative Destruction
After 2 Years, Felony Charges For Mom Who Resisted Having her Child Confiscated
John Whitehead: Is the Constitution Even Welcome Here Anymore?
Marijuana Breath Test, Alternative To Controversial Blood Test For Pot?