Privacy Blog

"Friends don’t let friends get spied on.' – Richard Stallman, President of the Free Software Foundation and longtime advocate of privacy in technology.

Crypto Currencies

Still ANOTHER Facebook Security Problem: Facebook Messenger Malware Is Targeting Crypto Currency Users

If you use Facebook and you also own crypto currencies, your user name and passwords on crypto exchanges may already be known to hackers. Trend Micro said in a blog post that the Chrome web browser’s extensions “were made over” to steal user credentials for Google, MyMonero, and Coinhive. The bottom line is that it promotes a scam that dupes users into sending ether to the attacker’s wallet and drains […]

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The Real Reason to Own Bitcoin

There are numerous advantages to owning Bitcoins, the new and somewhat controversial “crypto currency.” One of the major advantages is to increase one’s privacy. Bitcoins offer greater privacy than do financial transactions made with credit cards or checks. Of course, the most private transactions are the ones made with cash but cash seems to be rapidly disappearing these days. To be sure, Bitcoin transactions are not completely private. However, the […]

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Bitcoin Wallets are Under Siege from the ‘Large Collider’ Attack. Luckily, There is an Easy Solution.

This should be a trivial problem for anyone who is properly managing his or her Bitcoins. A group called the “Large Bitcoin Collider” claims it can smash open bitcoin wallets by using a so-called brute force attack, which directs mass amounts of computer power at individual wallets in order to guess their private keys. A “trophy list” on the home page of Collider (an apparent reference to the Hadron Collider) […]

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Bitcoin: The End of Money As We Know It

The best explanation of Bitcoins I have seen is available as a one-hour video on YouTube. I’ve seen regarding the evolution of money and how Bitcoin fits into the picture.“Is bitcoin the currency of the future? A godsend for criminals? Or a recipe for financial disaster?” the moderator asks early in the video. The video starts by saying that money is used to accomplish our dreams. But it is also […]

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Protect Your Financial Privacy With Bitcoin: A Comprehensive Guide

Bitcoins have the capability to keep your financial affairs private. In contrast to a bank account, PayPal account, or a credit card, Bitcoins allow you to use any persona or online identity you wish. As a result, it is difficult for anyone to trace your payments or receipts. NOTE: For an explanation of Bitcoins, see my earlier article, Bitcoins: The New Digital Currency, at http://goo.gl/E158Ck. An article in the ExpressVPN […]

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Bitcoin Inventor Satoshi Nakamoto Nominated For Nobel Prize

A professor of finance at UCLA has nominated Satoshi Nakamoto, the creator of Bitcoin, for a Nobel prize in economics. (Bitcoin is a semi-private method of transferring money. It isn’t completely anonymous but transactions are very difficult to trace.) Professor Bhagwan Chowdhr made the nomination stating that Bitcoin is perhaps the most disruptive influence in the twenty-first century. Chowdhr wrote, “The invention of bitcoin — a digital currency — is […]

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MasterCard Introduces Global Payments to Possibly Compete with Bitcoins and PayPal

MasterCard has launched MasterCard Send, a personal payments service that enables funds to be sent quickly and securely to consumers domestically and internationally. The announcement never mentioned Bitcoins by name but it certainly appears to be a reaction to competition from the rapidly-growing popularity of the new digital currency and also as a reaction to PayPal’s very popular payment system. In fact, Bitcoin is less of a currency and more […]

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Circle: Possibly the Best Bitcoin Service?

Circle Internet Financial has unveiled a new Bitcoin service that includes a digital wallet for securely storing Bitcoins. The company also offers Android and Apple iOS apps to manage the wallet as well as a web-based interface. Circle is a FREE service aimed at general consumers to allow them to seamlessly import traditional currency from a linked bank account or credit card and convert the funds to Bitcoins stored in […]

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