Bitcoin Guru

People who have been following the tech news may recall the name Lizard Squad. This hacker collective has been a major pain in the neck for computer users all over the world. But it looks like they are changing tactics. Instead of relying on computer botnets, they are now enslaving other internet-connected devices to wreak more havoc. Lizard Squad Is Still On The Scene While most people agree the Internet of Things is a magnificent concept, it also poses a significant security risk. The majority of Internet-connected devices is not equipped with proper security precautions. In theory, any device connected to the internet can be hacked and taken over by malicious individuals. That seems to what Lizard Squad is showcasing already. The collective has been making a name for itself by using compromised computers to execute DDoS attacks around the world. But it looks like the Internet of Things is their new favorite target as of late. With millions of connected devices to choose from...

In the past 20 years the internet has evolved and changed our way to communicate, learn and connect to the world. It has brought together family, friends and colleagues and has been a fundamental resource for social and political initiatives. It was only financial evolution what was missing and since 2009 a new way to transfer, hold and trade value has risen to stay. Bitcoin is a digital asset fully transparent, open and secure that allows individuals to transfer value without intermediaries and with the lowest cost ever imaginable world wide. Cryptobuyer is a multidisciplinary team of young entrepreneurs determined to bring blockchain technology to Latin America. The purpose of the platform is to offer a new resource to transfer money to relatives from any corner of the world and make payments in any currency safely with special care concerning the fulfillment of all national regulations and compliance standards needed to embody a true financial alternative. From a phone credit ...

Albeit not everyone is overly enthusiastic about ETFs or tracker certificates issued on the bitcoin protocol, they are an excellent way to advertise the benefit of cryptocurrency. Vontobel, a Swiss bank, issued their new tracker certificate on Bitcoin. People who expect the Bitcoin value to go up should take a close look at this offering. Vontobel Embraces Bitcoin For Trading Purposes One could say the Vontobel certificate on Bitcoin is very similar to an ETF. Investors will have easy access to the Bitcoin market, without going through an exchange or additional verification process. While they will not hold Bitcoin directly, this is an excellent way to get involved in cryptocurrency through traditional means. It is the first time such a trading instrument is accessible on the Swiss exchange market, though. As one would come to expect from this initiative, the certificate had to go through a thorough verification process by the Swiss Exchange. This new certificate will become avai...

In light of the recent Bitfinex attack, BitGo revealed a rather interesting statement. The company claimed their own investigation has yielded no evidence of a breach of any of their servers during the Bitfinex attack. This is rather strange, as all of the missing funds was drained from multisignature wallets, which should be secured by BitGo’s technology. A Rather Worrisome Scenario For BitGo? The way most people look at this statement is as follows: BitGo secures BitFinex’s cold storage but did not record a breach. However, the funds were stolen from multisignature wallets. If there was no breach, to begin with, how did the funds go missing then? A rather worrisome option to consider for sure. While no one is saying Bitfinex is not to blame for this hack, it also goes to show BitGo may not be as secure as most people assumed at first. The company specializes in doing one job, yet some people feel they utterly failed at doing just that. Some people even go as far as referring to...