Skip to main content

Anatomy of a Bitcoin phish - don't be too quick before you click!

posted onMarch 17, 2014
by l33tdawg

You've probably heard of Bitcoin, the digital currency that has no central control.

Bitcoin relies on complex cryptographic calculations (or, more accurately, on deliberately time-consuming ones) and a globally, public database known as the blockchain that allows its digital "coins" to be owned by just one person at a time.

Bitcoin isn't strictly anonymous, because the blockchain contains a record of how the currency's coins have moved around over time. But with no regulatory requirement for coin owners to register or to identify themselves, there is no official or reliable way to track coins to their owners.

Source

Tags

BitCoin Industry News

You May Also Like

Recent News

Tuesday, July 9th

Wednesday, July 3rd

Friday, June 28th

Thursday, June 27th

Thursday, June 13th

Wednesday, June 12th

Tuesday, June 11th

Friday, June 7th

Thursday, June 6th

Wednesday, June 5th