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Posts Tagged ‘Bitcoin’

The Bitcoin community has been urged by some of its most prominent members to do more to achieve “technical consensus” over security and scalability. More than 30 developers and contributors involved with the virtual currency – also known as cryptocurrency – have come together to submit an open letter calling on influential figures and organizations […]

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Attackers were able to break into servers belonging to Bitcoin cloud-mining platform Cloudminr.io last week and harvest the site’s entire database. Now hackers are attempting to sell the information, which includes thousands of unencrypted usernames, email addresses, and passwords. Cloudminr, a Norwegian company that started last year, relies on processing power from remote data centers […]

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Bitcoin experienced a glitch over the weekend that is expected to be resolved as software clients that handle transaction data are upgraded. Some software clients that “mine” bitcoins are creating invalid transaction data, which are referred to as blocks. Blocks are records of transactions, and the first miner to complete a block is rewarded with […]

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