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Is Bitcoin Making A Comeback

Bitcoin has risen from the dead… again

June 25th, 2014

Bitcoin survived a hellish spring period when its value crashed to $320 from winter highs topping $1,000. With the price now hovering around $570, the cryptocurrency faces a series of important events in the coming weeks that could determine its future.

Roger Ver Hacker

Hacking victim becomes attacker when $20,000 bounty turns hacker into a crybaby

May 29th, 2014

Hackers, beware: Choosing the wrong victim can have severe consequences. And Roger Ver, also referred to as “The Bitcoin Jesus,” is the wrong victim. Last week, a hacker called “Nitrous” contacted Ver to inform him that his Hotmail account had been compromised. By breaching the account, the hacker was able to obtain Ver’s Social Security number, …

Is Bitcoin A Good Investment

Is Bitcoin staging a stealth comeback?

May 23rd, 2014

The perfect storm hit Bitcoin 1 to 2 months ago: Media overexposure, weird drama about Satoshi Nakamoto, the collapse of a large Bitcoin exchange called Mt. Gox, crushingly negative coverage in financial press, etc.

Google Play Store Android Bitcoin Malware

Android users, beware: Simple wallpaper apps found to secretly mine bitcoin

April 25th, 2014

Not long ago it was discovered that a couple of Google Play Store Android applications that were downloaded anywhere from one million to five million times had malicious code that covertly turned Android devices into silent Bitcoin miners. The malware managed to bypass Google’s Play Store security, but they were not the only ones to …

Mt. Gox Liquidation Filing

One-time Bitcoin king Mt. Gox nears the end of the road

April 16th, 2014

Sorry, Bitcoin fans: You’re never, ever, ever getting all your precious pieces of cryptocurrency back from Mt. Gox. The Wall Street Journal reports that Mt. Gox, the one-time Magic Card trading website that transformed itself into the world’s largest Bitcoin exchange before it collapsed earlier this year, has filed for liquidation.

Bitcoin Trends

The most ominous Bitcoin trend

April 2nd, 2014

Last week, Bitcoin’s value tumbled 9% in one day on news that China’s central bank had ordered banks and payment companies to close trading accounts belonging to more than 10 exchanges. Since then, Bitcoin has crashed by nearly another 10%, now hovering around $480. It’s a steep decline from the feverish highs above $1,100 last November.

Google Play Malware Android Apps

Legit Google Play apps found to be covertly mining digital currency

March 27th, 2014

In addition to Android apps sideloaded from unsecure third parties, which can contain malicious code that can turn devices into slow cryptocurrency miners, antivirus provider Trend Micro has discovered two legitimate Google Play apps that have between them over one million downloads. The firm also found that the apps can turn Android smartphones and tablets …