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Posts Tagged ‘cryptocurrency’

One of the world’s largest cryptocurrency exchanges has fallen victim to hackers, who were able to use information they stole to plunder users’ accounts. According to local media reports, Bithumb informed the Korea Internet & Security Agency (KISA) late last week that the personal information on approximately 32,000 customers was compromised – although passwords were not taken.

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On 28 October, the cryptocurrency world saw the emergence of a new player, the Zcash (ZEC) cryptocurrency. Its developers have described it rather figuratively: “If Bitcoin is like HTTP for money, Zcash is HTTPS.” They continue by noting that “unlike Bitcoin, Zcash transactions can be shielded to hide the sender, the recipient and value of […]

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The technology that drives the shadowy cryptocurrency bitcoin is drawing interest from the established banking industry, which sees a potential to revolutionize the sector. Although bitcoin and related virtual currencies are limited to a small set of transactions and are often associated with the underground economy, the so-called blockchain technology is gaining currency in the […]

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