Name and phone number might be enough to steal Bitcoins

Researchers from Positive Technologies have recently reported about a way to compromise Google accounts using only phone number and name. Once the account is hacked, cyber criminals are able to use it to gain access to victim’s Bitcoin and bank accounts. Hackers have such opportunity due to a vulnerability in global telecom network. The flaw affects what is called Signaling System №7 (SS7). ...

Attention: this virus can steal your Bitcoins

Ransomware comes in a variety of shapes and forms. Most of the time, it locks your computer, encrypts files and asks for a Bitcoin payment in exchange for a decryption key. There is, however, a much more dangerous kind of malware. Its purpose is to steal your data. Bitshifter is a brand new ransomware of such kind that steals Bitcoin wallet information. Why hackers do it this way This strategy may...

You’ve bought Bitcoin. What’s next?

You’re a progressive person, you value your time and like to feel the pulse of technology development. You see cryptocurrencies’ price continuously rocketing through the roof and ask yourself “Why not?”. And so you’re buying Bitcoin (or any other digital currency you find appealing). If you read our previous articles, you already know how to purchase Bitcoin using one...

Best Bitcoin brokers, part 3: Bitstamp

As promised, we are continuing to review the best Bitcoin platforms in the marketplace. Today, we will take a look at the popular European broker Bitstamp. The platform is offering brokerage services since 2011 and has earned a reputation as one of the most popular brokers in the U.S. and in Europe. The platform accepts U.S dollar and euro as well as Pound sterling and Swiss franc. General overvi...

How to create a bitcoin wallet

To store, control funds and transactions of bitcoins you need to create a special e-wallet. There are two types of bitcoin wallets: Desktop Wallet Specialized services – mobile and online wallets Both types of wallets have their advantages and disadvantages. For example, the first type of bitcoin wallet (software on your computer) guarantee the highest level of security for your funds. Though such...

Bitcoin wallets

Bitcoin wallet is a digital wallet for cryptocurrency – bitcoin (BTC). Bitcoin wallet, as well as regular bank account, is used for storage, and transactions, both incoming and outgoing. All the transactions are made without intermediaries and fee. Bitcoin wallet allows you to make instant and secure transactions, to monitor all your cryptocurrency savings. There are light and heavy electron...

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