Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin.
Bitcoin is one of the newer cryptocurrency methods for trading, and as with everything on the internet, scammers and cybercriminals have been using both traditional and new ways to steal from those that are unaware. Promises of fast money and big returns have long been a mainstay for investment thieves, and as the popularity of […]
If you have been hearing a lot about topics such as cryptocurrency and blockchain, you might have wondered what they are, what is the purpose, and whether or not blockchain is secure?
Some are just waking up to the fact that whenever there is a “new technology kid in town” that there will be cyber criminals to try to take advantage. The Bitcoin mining virus has been around for a number of years, but due to the intensity of the increase in popularity, it is just becoming […]
Wherever there is money, it is almost a given that there will be hacking attempts to steal it and one of the most popular methods of keeping your transactions secret has been cryptocurrency. This is a type of ‘virtual money’ that can be spent anywhere in the world and there are a number of cryptocurrency […]
Wikipedia defines Bitcoin as “Bitcoin is a payment system invented by Satoshi Nakamoto, who published the invention in 2008 and released it as open-source software in 2009.The system is peer-to-peer: users can transact directly without needing an intermediary.” “Rolf Deppe and his business partner, Monre Botes decided that they wanted to bring a Bitcoin vending […]