Bitcoin’s Dark Side Could Get Darker –

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Investors see riches in a cryptography-enabled technology called smart contracts–but it could also offer much to criminals.     Some of the earliest adopters of the digital currency Bitcoin were criminals, who have found it invaluable in online marketplaces for contraband and as payment extorted through lucrative “ransomware” that holds personal data hostage. A new Bitcoin-inspired technology that some investors believe will be much more useful and powerful may be set to unlock a new wave of criminal innovation. That technology is known as smart contracts—small computer programs that can do things like execute financial trades or notarize documents in a legal agreement. Intended to take the place of third-party human administrators such as lawyers, which are required in many deals and agreements, they can verify information and hold or use funds using similar cryptography to that which underpins Bitcoin. Some companies think smart contracts could make financial markets more efficient, or simplify complex transactions such as property deals (see “The Startup Meant to Reinvent What Bitcoin Can Do”). Ari Juels, a cryptographer and professor at the Jacobs Technion-Cornell Institute at Cornell Tech, believes they will also be useful for illegal activity–and, with two collaborators, he has demonstrated how. “In …

Upcoming Bitcoin Events Bitcoin Events – Cryptocurrency Conference Listings 2015 – 2016

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Date Conference Location Sep 8-9, 2015 Makeathon: Consensus 2015 New York City, USA Sep 10, 2015 Consensus 2015 TimesCenter, New York City, USA Sep 12, 2015 Blockstack Summit 2015 NY, USA Sep 12, 2015 Bitcoin Scalability Workshop: Phase 1 Montreal, Canada Sep 14-19, 2015 Fintech Week London 2015 London, UK Sep 15, 2015 NYC FinTech Extravanganza: #FinTechX NY, USA Sep 16-17, 2015 Finovate New York 2015 NY, USA Sep 23, 2015 Finance 2.0: Crypto Zurich, Switzerland Sep 24, 2015 Bitcoin Conference Kiev Kiev, Ukraine Sep 28, 2015 Bitcoin and Blockchain Regulation London, UK Oct 2, 2015 Digital Economy Conference Omaha, USA Oct 5-8, 2015 Blockchain Week Barcelona, Spain Oct 6, 2015 FinTech: Law and Disruption New York, USA Oct 6, 2015 Blockchain Conference New York New York, USA Oct 8-10, 2015 Alt Convention Batumi, Georgia Oct 25-28, 2015 Money 20/20 Las Vegas, USA Oct 28-30, 2015 CoinAgenda/BitAngels Global Conference Las Vegas, USA Nov 3, 2015 Bl0ckcha1n Forum Paris, France Nov 9, 2015 MTBIT: Bitcoin & Remittances Miami, USA Nov 10, 2015 Fintech Startups Conference San Francisco, USA Nov 10, 2015 Bank Innovation Israel Tel Aviv, Israel Nov 24-25, 2015 ADCCA FinTech Summit Sydney, Australia Dec 9-11, 2015 Inside Bitcoins Seoul Seoul, South …

Windows 10 is spying on almost everything you do – here’s how to opt out

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Windows 10 is amazing. Windows 10 is fantastic. Windows 10 is glorious. Windows 10 is faster, smoother and more user-friendly than any Windows operating system that has come before it. Windows 10 is everything Windows 8 should have been, addressing nearly all of the major problems users had with Microsoft’s previous-generation platform in one fell swoop. But there’s something you should know: As you read this article from your newly upgraded PC, Windows 10 is also spying on nearly everything you do. DON’T MISS: 6 free tools that stop Windows 10 from spying on everything you do It’s your own fault if you don’t know that Windows 10 is spying on you. That’s what people always say when users fail to read through a company’s terms of service document, right? Well, here is Microsoft’s 12,000-word service agreement. Some of it is probably in English. We’re pretty sure it says you can’t steal Windows or use Windows to send spam, and also that Microsoft retains the right to take possession of your first-born child if it so chooses. And that’s only one of several documents you’ll have to read through. Actually, here’s one excerpt from Microsoft’s privacy statement that everyone can understand: Finally, we will …

Data Protection: The 98 Percent Versus The 2 Percent


Four steps for defending your most sensitive corporate information from the inside out. Successful criminals always have a target. The malicious groups that attack major organizations are trained, well-funded, and have diligently prepared for a successful data heist. But they’re not after all your data. Logically, they only want what they can leverage for other crimes or can easily re-sell to other nefarious groups. Capable threat actors are only targeting about two percent of the data on a given network — basically, where email, customer information, intellectual property, and regulated data are stored. Unfortunately, they are savvy enough to use the other 98 percent of your network (e.g., employee workstations, websites) to gain illegal access to that two percent. It makes sense. Why are banks armored and heavily guarded? Because it houses the most valuable resources in a given area or community — but criminals also know it’s there. Think of your data in the same way. SPONSOR VIDEO, MOUSEOVER FOR SOUND This begs the question: “Why don’t I start by protecting that two percent and make sure any connections coming over from the other 98 percent of my network are authenticated as legitimate traffic?” By now, you are rolling …


admin Bitcoin Bank, Bitcoin News, Crypto 2.0, Opinion 0 Comments

Kim Dotcom, the outspoken founder of Megaupload, Mega and other firms, recently tweeted about the Chinese Stock Market. The Chinese stock market experienced turbulence in late July and early August and since global stocks have taken a slide.    In the tweet, he suggests his Twitter followers “Get some #Bitcoin.” Dotcom, a German-Finnish Internet entrepreneur, businessman and political activist, was accused of criminal copyright infringement and other charges by the US Department of Justice. He is fighting etradition proceedings in New Zealand. Having founded the file hosting service Megaupload, and Mega, authorities charged that he enabled the file sharing of copyrighted material. His home was raised in 2012 by US authorities.   His next business venture after Megaupload, Mega, launched in January 2013 – one year after Megaupload was closed down. Mega is a cloud storage service using encryption. When PayPal ceased serving Kim Dotcom’s Mega, he tweeted about Bitcoin. Dotcom has long supported Bitcoin, as can be seen here.