How to Hack Bitcoin

Bitcoin users are quick to point out that Bitcoin cannot be hacked but the sad fact is that millions of dollars worth of bitcoins have been stolen by hackers over the last few years and the problem is on the increase.     Recently $64 Million worth of Bitcoin was stolen from Slovenian mining operation, Nicehash. Full story – https://www.theguardian.com/technology/2017/dec/07/bitcoin-64m-cryptocurrency-stolen-hack-attack-marketplace-nicehash-passwords   What are the most popular ways to hack Bitcoin?     Stealing Private Keys; The first thing to understand is that no one really owns a Bitcoin. The public bitcoin ledger…

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What was the First Product to be Bought with EOT?

Cryptocurrency is becoming more popular as a peer to peer payment system and there is no doubt that adoption will increase over time.   The utility cryptocurrency, EOT, recorded the first sale in December 2017.       How does a payment work – A transfer of funds between two digital wallets is called a transaction and this transaction is submitted to a public ledger called the blockchain where it awaits confirmation.  When a transaction is made, wallets use an encrypted electronic signature to provide a mathematical proof that the transaction is…

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2017 Blockchain and Cryptocurrency Hacks, Scams and Attacks

As the total cryptocurrency value continues to rise, so do the hacks, scams, and attacks in our new digital economy.  From false ICO’s, wallet hacks and deliberate scams, approximately $490 million was taken from the unsuspecting. CoinDesk examines the seven biggest cybercrimes involving the blockchain and cryptocurrency.  Watch this short video to learn more.       Read the full article – Click Here      What are your predictions for 2018?   Click on the links below to see what some are predicting. Give a Crypto Gift this year, no…

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Bitcoin, Dash, Bitcoin Cash… and other Altcoins to Watch in 2018

The Cryptocurrency Craze that started in 2017 will indeed overlap into 2018. The total coin market cap has topped $600Billion, a combination of Bitcoin, altcoins including ICO’s. 2017 has been a year where the cryptocurrency market was ignited by increased Government adoption, regulation, institutional investment, consumer, merchant, and investor adoption.  Mainstream Media has been captivated by this market and fueled the cryptocurrency craze with speculation a big driver of the Bitcoin price as well as some of the altcoins.         So which Cryptocurrencies are on this 2018 “Watch List”?  …

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BitVault® Key Note – The World’s First Blockchain phone

There is much interest in the World’s First Blockchain phone the BitVault®.  Hein Marais, CEO of Embedded Downloads, the developers of the World’s First Blockchain phone delivers this Key Note, an opportunity to learn more about this revolutionary Blockchain phone that uses cryptography for encryption, namely EOT. BitVault® is owned and developed by Embedded Downloads, with development offices in Limerick, Ireland and New Delhi, India. Embedded Downloads specializes in secure hardware and software relating to the “Internet of Things”, IoT.     Key Note Discussion Points: Introduction to the BitVault®, the…

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Inside the BitVault®

There has been much anticipation around how BitVault®, the World’s First Blockchain phone works, we are excited and interested to take a look inside the BitVault®…   Firstly, what is the BitVault®?  The BitVault® is a revolutionary new product that is built around security and privacy enabled through Blockchain technology.  The BitVault®, the world’s first blockchain phone, is Biometric Security enabled through fingerprint and iris scanning and this authentication is one of the safest ways to keep your BitVault® locked and private – in actual fact, “You are the Key” says Hein Marais, CEO…

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These Christmas Toys can probably be Hacked

According to IBT Times, new research suggested some products under Christmas trees this year could easily be hacked. Experts warned popular toys – From the Star Wars BB-8 to smartwatches, drones, RC cars and educational devices – could be hacked and exploited to spy on children.   Adults are also being targetted … in the same report, it was reported that Ashley Madison leaked users’ private photos.   In 2015, the website suffered a high-profile hack which had widespread consequences and now security researchers at Kromtech, working with security researcher…

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10 Cybersecurity Threats and Trends for 2018

Tech Security Firm SpiderOak Warns of Nightmare Scenarios to Come.  CHICAGO, Dec. 5, 2017 /PRNewswire/  “As organizations and individuals become increasingly reliant on IoT for critical functions, the risks that we are taking are becoming greater and greater,” says Christopher Skinner, CEO of technology security firm SpiderOak. “Attack surfaces are exploding – the nearly 4 billion people online worldwide means 4 billion different entry points for criminals. We trust our devices and systems to drive our cars, deliver vital medical treatments, and protect our homes and supply chains, but these have never been more insecure.”…

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BitVault® introduced to FinTech community at London event

Embedded Downloads officially introduced BitVault®, the world’s first blockchain phone and crypto communicator at an event on 31 October 2017. The event was held at an exclusive London venue with Kash Amini, global brand representative and ambassador for BitVault®, welcoming selected guests from the banking, fintech and corporate community to an evening of food, drinks, and entertainment. The event was also attended by representatives of VVDN Technologies from India, the design and manufacturing partner for the BitVault®. According to Embedded Downloads the product was well received and the company and…

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Bitcoin News 13 October 2017 – Bitcoin Price Flirts with $6000 as Bitcoin Gold Nears

The Bitcoin news today with the latest bitcoin rally heading the news. An incredible surge in the price overnight which pushed to a new all-time high of over $5800. The proposed hard fork on 25 October (Bitcoin Gold), as well as the growing regulatory environment in many countries, could be a driving factor attracting more investors and thus, the price.   As reported by CNBC – “The fact that bitcoin was able to hit an all-time high just weeks after a slew of negative news “signals to investors and traders…

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