How Secure is Blockchain?

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? As with anything that is digital, the answers are all in the design and encryption. In the case of blockchain, it was created as an alternative to standard finances with the goal of being “hack proof.” However, let

Bitcoin Mining Virus

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 more well-known. Due to this condition, there has been an increase in the appearance of

Bitcoin Wallet Hacking: The Latest Attacks and How to Protect Yourself

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 companies that have taken advantage of the secrecy aspect of both investing and spending in

South Africa received first Bitcoin vending machine

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 machine to South Africa. At the time there were about 100 around the world, but