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Crypto flaws in Blockchain Android app sent bitcoins to the wrong address

comedy of programming errors could prove catastrophic for affected users. Blockchain, one of the Internet's most widely used Bitcoin wallets, has rushed out an update for its Android app after discovering critical cryptographic and programming flaws that can cause users to send digital coins to the wrong people with no warning. The vulnerabilities affect a subset of people who run Blockchain for Android on versions 4.1 or older of the mobile OS, according to an advisory published Thursday. The most serious of the flaws is the use of the unencrypted HTTP connections when the app's cryptographic engine contacts random.org to obtain random numbers used to generate private keys for Bitcoin addresses. Since January, random.org has required the use of the more secure HTTPS protocol and has returned a 301 Moved Permanently response when accessed through HTTP. As a result, vulnerable installations of Blockchain for Android generated the private key corresponding to the ad...

NEW JERSEY TO IMPLEMENT DOUBLE TAXATION ON BITCOIN

NEW JERSEY TO IMPLEMENT DOUBLE TAXATION ON BITCOIN New Jersey is known for many things. But im sure it's not winning popularity contests. The supposed resting grounds of various Mob members and those whom may have fell short of the mob's favor. It's a suprise cement shoes haven't hit park avenue yet!                   I guess New Jersey is not runway material really. More like TrailerPiece Theater. Well, now the dirtbag state is gaining another brand spanking new reason why you should check it off your travel plans permently. You ready for this one???             New Jersey is apparently ready to begin implementing action to begin with the double taxation of Jersey residents who own and use Bitcoin for retail transactions. Welly, well, well, my dear droogies what haveth we here now? a bit of the old in out in out,one might say, nudge, nudg...

crypto currency: full steam ahead or a sinking ship without a warning signal.

where is the iceberg in the darkness ahead? when will the next tragic mishap strike?? from allcrypt to coin-swap to cryptoine and to probably way more people than is reported for fear of embarrassment or public outcry and bad feedback/credibility. This poor, new voyager into an ancient art of human manipulation, subversion and influencing never knew what it was up against when it blew up in 2013 to the 1000 mark and stepped out of the basement and into the lime light for its 15 mins. a much abused, well beaten and misused form of trust, or to use the more understandable word most describe as, currency, Cryptocurrency or Bitcoin (the original starlet and main player of the bunch which forms the umbrella term cryptocoins) yes! bitcoin has taken its blows. I'll give it credit though where its due, it as taken its blows like a man and not like some wimp pleading for clemency. It rose. It rose high. It reached such glorious hight, but like Icarus's lofty flight or Ph...