Displaying items by tag: Bitcoin

The Feitian JuBiter wallet is a radical new product from the hardware security company, already well known for its FIDO2 keys, that provides a highly secure cryptocurrency wallet you can carry around and pair to your devices via Bluetooth.

Australians have lost over $70 million to bogus investment scams in the first half of this year and a massive increase in losses are predicted by the end of the year, according to the consumer watchdog the ACCC.

Email mailboxes at thousands of organisations have been hit by more than 12 million spear phishing and social engineering attacks between May 2020 and June 2021, according to a new report on email security.

Global financial advisory and fintech organisation deVere Group has unveilled a new and exclusive product linked to the movements of cryptocurrencies Bitcoin and Ethereum.

Despite the risks posed by Bitcoin, many Australians are still considering investing in the cryptocurrency. Men who earn $100k+ are most interested, according to a Finder report.

Expert Dr Michael Duffy warns that cryptocurrency is often beset by uncertainties, and its digital currencies are packaged with “considerable investment risk” since they are not linked to assets.

With Elon Musk able to influence the price of various cryptocurrencies up or down based on what he tweets, concern is growing, for with great power comes great responsibility, and no-one really knows how responsible Musk is, or isn’t.

Elon Musk's decision to banish bitcoin from being able to buy Teslas after investing billions in the cryptocurrency is puzzling financial analysts, with deVere Group CEO Nigel Green sharing his observations.

A CIA-backed threat intelligence firm claims the operator of the DarkSide ransomware gang has lost control of its infrastructure after the malware was used to attack the Colonial Pipeline Company in the US which runs the country's biggest petrol pipeline.

The value of bitcoin is likely to fall in coming days after Tesla owner Elon Musk announced on Thursday that the electric car manufacturer would no longer use the digital currency in its transactions.

The surge in bitcoin use has seen the demand from customers wishing to be paid in alternative, digital currencies, says CarBuyers. Seizing this opportunity, Australia’s “first online car buying and selling marketplace” now offers payment in bitcoin in exchange for customers’ second-hand cars.

A cybersecurity researcher persuaded Ragnar Locker ransomware operators into thinking they were a cybercriminal and to offer a job. The researcher has released information on the gang’s payout structure, cash-out schemes, and target acquisition strategies providing a look behind the scenes into the real business of shadowy underground criminal syndicates - and the millions of dollars it brings in.

A court battle to decide who was the inventor of bitcoin has been given the go-ahead by the London High Court, a Reuters report says.

India is set to put in place legislation outlawing the use of digital currencies in the country or even the mere possession of such assets, a report claims.

With the world currently undergoing one of the largest and most complex vaccination campaigns in history, it's not surprising to find scammers and sellers on the dark market eager to make a profit off the process.

The cryptocurrency bitcoin rose above US$50,000 (A$64,399) on Tuesday US time, before falling back a bit, the first time the digital currency has hit this level.

Greater regulatory scrutiny of cryptocurrencies such as Bitcoin must become a priority as they continue to play an increasingly normalised role for investors, according to Nigel Green, the CEO and founder of independent global financial advisory organisation de Vere Group.

GUEST RESEARCH: Q3 2020 Internet Security Report sheds light on COVID-19 threat trends, growing network attacks, malware targeting US SCADA systems, and more.

Researchers from Israel-based security shop Check Point say they have traced the wallet in which bitcoin paid for ransoms extorted by the latest ransomware, Pay2Key, is located and found an Iranian company at the end of the chain.

A cryptocurrency stash worth nearly US$1 billion (A$1.37 billion) has been seized by American federal authorities on Tuesday and court action has been launched seeking forfeiture of the cache.