4 Current threats to Bitcoin

In this article I will talk about the biggest threats to Bitcoin. The idea of virtual currency is not new, we have seen it in video games as gold and tokens which can be bought with real money. The real revolution is the blockchain that Bitcoin is based upon. Many compare the blockchain to the TCP/IP protocols when internet was first introduced. Because of this new peer-to-peer technology known as …
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Why Bitcoin is rising

  Why? As of today, May 25th Bitcoin has gone up over 100$ in the past week. Why is Bitcoin following such an uptrend after months of trouble and decline. Some argue that the price has been steady for long enough and now investors are hungry and are looking to profit, other’s are saying that more people are finding out about Bitcoin and want a piece of the currency. Despite …
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Hacked Ebay database for sale for 1.45 bitcoin

What happened?   Recently Ebay’s database has been compromised by a group of cyberhackers. This records as the second largest database breach in history with over 140 million users compromised. We weak link in this cyberattack were the employees. The attackers were able to get access to Ebay employee credentials and were able to access the corporate network, which granted them access to the database. Ebay and Paypal urged customers …
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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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