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1  Bitcoin / Press / [2014-03-06] Ars - Crypto attack could one day steal secret Bitcoin keys on: March 06, 2014, 03:21:50 PM
Apparently, a design flaw in some Intel processors can leak private keys:
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The attack relies on "side channel analysis," in which attackers extract a secret decryption key based on clues leaked by electromagnetic emanations, data caches, or other manifestations of a targeted cryptographic system. In this case, cryptographers can retrieve the private key needed to take control of bitcoins by taking minute measurements of the CPU as it makes transactions using the digital currency. Specifically, by observing the last-level (L3) CPU cache of an Intel processor as it executes as few as 200 signatures, an attacker in many cases has enough data to completely reconstruct the secret key needed to take ownership. The attack exploits the way OpenSSL implements the elliptic curve digital signature algorithm (ECDSA) based on a specific curve known as secp265k1 found in Bitcoin.

"It should be noted that irrespective of the weakness in the Intel processors, cryptographic algorithms are not supposed to leak information," he wrote in an e-mail. "Hence, the fact that we can get data out of the OpenSSL implementation is a weakness in OpenSSL and should be fixed."

Indeed, experts have long recommended a Bitcoin key be used only once, but this advice is routinely ignored. Another measure is to avoid the use of Intel processors, since the attack doesn't work on modern CPUs made by AMD, Yarom said.
Source

Still not a reason for panic, just another good reminder not to hold all your eggs in one basket.
2  Bitcoin / Press / [2014-02-21] Ars - Harvard supercomputing cluster hijacked to produce coins on: February 22, 2014, 11:41:38 AM
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Love of money can cause people to do unwise things—like stealing time on your university's resident supercomputer to mine crypto-coins. The Harvard Crimson is carrying the story of someone who did exactly that: an unnamed individual who was discovered using Harvard's Odyssey supercomputing cluster to generate dogecoins.

Calling itself the world's "first virtual currency," Bitcoin offers the …
"Wow," you might say, amazed. Dogecoins are one of the multitude of roll-your-own cryptocurrencies that have lately sprouted like weeds in an unkempt vegetable garden. Like most of them, the code that powers Dogecoin's blockchain and network is forked from Litecoin, which was originally billed as a lighter-weight alternative to Bitcoin. Dogecoin (and Litecoin and Coinye and many others) use the scrypt cryptographic algorithm to generate hashes and drive the currency along; media-darling Bitcoin, on the other hand, is based around a different algorithm (SHA256). The currencies are all similar to each other, though they are (generally) incompatible and (typically) do not interoperate. (There are caveats, but cryptocurrencies are complex and I'm trying to keep this relatively short—check here for the full details on how and why cryptocurrencies work.)
Article

3  Bitcoin / Press / [2014-01-06] AMD acknowledges the benefits of its hardware for bitcoin mining on: January 06, 2014, 09:15:09 AM
 



Presentation slides from AMD's Kaveri Tech Day event in Las Vegas.

Source
4  Bitcoin / Press / [2013-11-04] - CoinDesk - Classified Ads Site Gumtree Blocks Bitcoin Listings on: December 05, 2013, 07:12:45 AM
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Gumtree, the large international classifieds website and eBay subsidiary, is auto-removing bitcoin-related listings from its UK sites and has said bitcoin falls under its restricted items policy.

User Mark Le from Margate, Kent, reported that when he tried posting requests to buy bitcoins in Gumtree’s ‘Wanted’ section, he received the following message:
Source
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