Ebay and Paypal hacked and leaked customer information

Ebay Hacked http://www.youtube.com/watch?v=T9baQ4oxkYU Thats right, Ebay has been hacked and is asking users to immediately change their passwords to avoid loss of funds and potential compromise of the account. Quoted directly from ebayinc eBay Inc. (Nasdaq: EBAY) said beginning later today it will be asking eBay users to change their passwords because of a cyberattack that compromised a database containing encrypted passwords and other non-financial data. The way the attackers …
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Google bans KryptoKit a Bitcoin wallet extention

KryptoKit is a wallet extention for google chrome. It is available on the Chrome Web Store. It is an instant Bitcoin wallet and a secure messaging system that runs in your google chrome browser. With Krypto-Kit you are able to create a bitcoin wallet instantly without usernames or passwords, and it also provides client side encryption in order to keep your wallet secure against attacks. KryptoKit also provides a new …
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Patents from Ebay, WU, and Gemalto threaten the de-centralization of Bitcoin

Corporates want a piece Recently Ebay, IBM, and JPMorgan looked at issuing patents for bitcoin. One of the most recent companies to enter was the colorado-based giant WestrnUnion. WU received a patent on April 1st which suggested that it would give the company a way to claim a certain aspect of the bitcoin industry – the exchange of the alt coins. This is a huge risk for bitcoin because it …
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Webhallen started accepting Bitcoin

Webhallen started accepting payments in Bitcoin Webhallen is a swedish company who started accepting bitcoin as payment back in March. Webhallen was purchased by Ecommerce business Komplett around April of 2013 for $23m. Webhallen is an electronics company that sells anything from video games to SSDs. They are one of the largest electronic resellers in sweden and are worth around $20m. In an interview with Webhallen they stated that the response from the customers was …
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