The extortion scam email looks legitimate because it contains accurate personal information. It says it has webcam evidence of online porn consumption and demands thousands of dollars in bitcoin.
Combine its nefarious applications with its inherent stealthiness and rapid proliferation, and it’s easy to see why cryptojacking has become a hot new topics in security circles.
At Bitcoin Cafe in Prague, on the first floor of a hacker haven, you can buy a brew only with bitcoin or litecoin. We sat down with a Paralelní Polis board member to learn how—and why.
Bitcoin transactions are protected by a built-in “proof of work” system supported by economic incentives. Private record systems based on bitcoin’s public ledger need a similar setup, experts argue.
Craig Steven Wright, lacking proof, has backed away from his assertion that he’s bitcoin’s inventor. Here’s why any holder of the Internet currency should care who Satoshi really is.