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Posts Tagged ‘electronic currency’

14
Sep
2011

Bitсoin is an electronic currency built with P2P and designed for anonymous financial transactions in the Internet. Besides the obvious advantages for users this currency is also very ‘capable’ for cybercriminals. We wrote about different examples of malware used for monetization here and here. But now we will discuss TDSS and its new module for […]

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Bitcoin is an electronic currency which is not tied in value to any other currencies. You can convert other currencies (like US dollars) to Bitcoins, or you can mine new Bitcoins by completing complex mathematical tasks. This creates an incentive for botnet masters to use other people’s computers to mine bitcoins for them. And we’ve […]

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In 2009, Satoshi Nakamoto had and idea: A digital currency that could be used without bank or central entities, based on the trust the users had for each other. With the help of public key cryptography and the Internet, members of this peer-to peer network could tell if a user vas a legitimate one and […]

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