Not exactly a 'press hit' - but given the wording "allows remote attackers to bypass intended economic restrictions and create many bitcoins via a crafted Bitcoin transaction" - I wouldn't be surprised if this generates some press. Bulletin (SB12-226) Vulnerability Summary for the Week of August 6, 2012 2012-08-13 http://www.us-cert.gov/cas/bulletins/SB12-226.html... bitcoin -- bitcoind Integer overflow in wxBitcoin and bitcoind before 0.3.11 allows remote attackers to bypass intended economic restrictions and create many bitcoins via a crafted Bitcoin transaction. 2012-08-06 7.5 CVE-2010-5139 bitcoin -- bitcoind wxBitcoin and bitcoind before 0.3.5 do not properly handle script opcodes in Bitcoin transactions, which allows remote attackers to spend bitcoins owned by other users via unspecified vectors. 2012-08-06 7.5 CVE-2010-5141 bitcoin -- bitcoin-qt Bitcoin-Qt 0.5.0.x before 0.5.0.5; 0.5.1.x, 0.5.2.x, and 0.5.3.x before 0.5.3.1; and 0.6.x before 0.6.0rc4 on Windows does not use MinGW multithread-safe exception handling, which allows remote attackers to cause a denial of service (application crash) or possibly execute arbitrary code via crafted Bitcoin protocol messages. 2012-08-06 7.5 CVE-2012-1910 ... From the linked vulnerability record at http://web.nvd.nist.gov/view/vuln/detail?vulnId=CVE-2010-5139Impact Type:Allows unauthorized disclosure of information; Allows unauthorized modification; Allows disruption of service
that NIST record appears to reference a 2010 bitcointalk thread. https://bitcointalk.org/index.php?topic=822.0Interesting that this should pop up now. :/ |
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A recent tweet from Jim Cramer of 'mad money' fame (and now famous in Bitcoin circles for his cameo on 'The Good Wife' - 'Finding Mr Bitcoin' episode): https://twitter.com/jimcramer/status/234042636355395584"I endorsed Bitcoin in The Good Wife, what more can you ask!?" Well.. in the show, I recall him basically just saying it wasn't a currency, which didn't sound quite like an endorsement - but good to hear him say he 'endorsed' it. see also: Jim Cramer - 'peso-bitcoin trade' https://bitcointalk.org/index.php?topic=89152.0 |
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thanks to Zooko Wilcox-O'Hearn for the pointer (They're going to attack Bitcoin, but they're not going to succeed in killing it. https://plus.google.com/108313527900507320366/posts/49UmonRzuQb) Cyber Money Laundering 2012-07 Derek Gabbard, Founder and CEO of Lookingglass Sean Tierney, Director of threat intelligence at Chase http://www.youtube.com/watch?v=JGEppgLna8U&feature=youtu.be... FBI released a ...report (they didn't release, it got leaked.. shortly after they had published it internally) in May of this year about a specific online virtual currency called Bitcoin. So ah.. for this example, we wanted to run through, sort of looking at Bitcoin infrastructure and what's tied to it and seeing if there's other centres of gravity and malicious activity around it, to start to look for, as Sean mentioned, hotspots and the places that it would make sense to ah.. leverage, pressure and look for ah places that deal with flow. ... with anti money laundering - that's a area of regulation that's needed for virtual currencies ... TL;DR bitcoin - herp derp.. threat tags... dark alleys...illicit... crack houses...crime... laundering... |
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Parallel Currencies And The Roadmap To Monetary Freedom Jon Matonis 2012-08-07 http://www.forbes.com/sites/jonmatonis/2012/08/07/parallel-currencies-and-the-roadmap-to-monetary-freedom/... Then, a bit of bitcoin drama occurred when Rep. David Schweikert (R-Arizona) initially referred to the cryptocurrency as “um….what was one of them called?….something….coin” near the end of the hearing. To my knowledge, that is only the second time that bitcoin has been entered into the congressional record. The first being when Prof. Larry White mentioned bitcoin in his prepared testimony for the Free Competition in Currency Act of 2011. ... |
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Bitcoin-Based Drug Market Silk Road Thriving With $2 Million In Monthly Sales 2012-08-07 http://news.slashdot.org/story/12/08/07/1910238/bitcoin-based-drug-market-silk-road-thriving-with-2-million-in-monthly-sales"Every day or so of the last six months, Carnegie Mellon computer security professor Nicolas Christin has crawled and scraped Silk Road, the Tor- and Bitcoin-based underground online market for illegal drug sales. Now Christin has released a paper (PDF) on his findings, which show that the site's business is booming: its number of sellers, who offer everything from cocaine to ecstasy, has jumped from around 300 in February to more than 550. Its total sales now add up to around $1.9 million a month. And its operators generate more than $6,000 a day in commissions for themselves, compared with around $2,500 in February. Most surprising, perhaps, is that buyers rate the sellers on the site as relatively trustworthy, despite the fact that no real identities are used. Close to 98% of ratings on the site are positive." |
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Study: Online marketplace Silk Road sells £1m worth of drugs each month Olivia Solon 2012-08-06 http://www.wired.co.uk/news/archive/2012-08/06/silk-road-drugs... The research discovered that there was a very tight coupling between the Silk Road and Bitcoin market, saying that "daily sales on Silk Road correspond to almost 20 percent fo the average daily volume of US dollar to Bitcoin exchanges on Mt.Gox. As a result, a potentially effective intervention policy would be to destabilise the value of the Bitcoin, creating instability in the market. ... |
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A forbes article mentioning Bitcoin but not by Jon Matonis.. how about that! |
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Video from the Assembly Summer 2012 seminar in Finland. "Assembly is a four day computer festival, in which thousands of people and their computers spend the long weekend by meeting friends, playing games, surfing on the net, talking on IRC and enjoying the great productions from the demoscene." |
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Digital wallets wave in new era Smartphone technology seeks to revolutionise the way that we live and pay. Elisabeth Sexton 2012-08-03 http://www.smh.com.au/business/digital-wallets-wave-in-new-era-20120803-23l0f.html... Barr says new online currencies, such as Facebook credits or Bitcoin, had not delivered on their touted potential. ''There's lots of innovation and there certainly are some of these alternative solutions that will claim to be lower cost, but it looks like they are also lower value and don't necessarily improve customer convenience,'' he says. ... |
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TechSNAP no longer has a regular section on bitcoin - but here they respond to a viewer's email about Bitcoin. |
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What can you buy with bitcoins? Kathy Jennings 2012-08-02 http://swmichigan.secondwavemedia.com/features/bitcoin0802.aspx... Disruptive technology is a phrase often overused these days, but Bitcoins fits the definition. PayPal, Western Union and credit card companies all stand to lose if Bicoins move into the mainstream. ... |
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Australian cops tout arrest of man for Bitcoin drug deal Tor-based marketplace Silk Road apparently didn't protect suspect's anonymity. Timothy B. Lee 2012-07-27 http://arstechnica.com/tech-policy/2012/07/australian-cops-tout-arrest-of-man-for-bitcoin-drug-deal/... The incident highlights Bitcoin's role as the currency of choice for activities at the fringes of society. Last month we noted that in addition to its use in drug markets, Bitcoin has also proven a popular currency for pornography and gambling. |
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It was only a matter of time before one of the many 'investment schemes' in the bitcoin community got some regulator's attention. Judging by the machine translation, this report fails to distinguish between Bitcoin - and the scheme run by 'Leandro César' (bitcointalk username) Leandro's response is quite enlightening: http://www.bitcoinbrasil.com.br/?p=464He makes a fair point about the investments and returns all being in BTC - so it is a little strange that the CVM should see this as falling within their jurisdiction - unless they have determined that bitcoin is a 'currency' ? Also regarding jurisdiction - the offers were made on a non-Brazilian website, in portuguese, not aimed specifically at Brazilians. Perhaps this is undesirable attention for bitcoin - but an interesting case for sure. |
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Response to Gizmodo’s “The Secret Online Weapons Store That’ll Sell Anyone Anything” S H Blannelberry 2012-07-25 http://www.guns.com/gizmodo-secret-online-weapons-store-armory-10063.html... What are Bitcoins worth? Well, as the author explains, the Bitcoin/Dollar exchange is roughly 9 to 1, meaning one can purchase a 9mm Beretta 92FS with "No scratches or dents, very slight wear from extremely light usage" for 338.69 bitcoins or a little over $3,000. For a law-abiding citizen, the same gun will cost one $650 to $800. See, crime doesn’t pay! ... |
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BRW is a major Australian weekly business magazine. PILES OF CASH, REAL OR IMAGINED Michael Bleby 2012-07-26 http://www.brw.com.au/p/sections/fyi/piles_of_cash_real_or_imagined_hpIQyPUuSquMjLl4y7LBoK... The late governor may be pleased to hear there is even a global virtual currency called Bitcoin. Used for low-cost peer-to-peer transactions to do away with the need for centralised payment processors, it can support anonymous transactions, just like real cash. But plus ça change, plus c’est la même chose. Bitcoin is subject to the same forces that created Macquarie’s dilemma in the first place. It in effect has a fixed money supply, “bringing with it all the associated problems of money hoarding, deflation and depression historically associated with fixed currencies”, the report says. |
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Interested in Mobile Payments: Bitcoin Is Cash at a Distance Joe Cascio 2012-07-24 http://www.v3im.com/2012/07/interested-in-mobile-payments-bitcoin-is-cash-at-a-distance... The big difference between Bitcoin and hard cash–I can hand you that Bitcoin over the Internet, including across international boundaries. Think of it as “cash at a distance.” Second, the Bitcoin network is decentralized and distributed. There’s no central authority or server. So, any bitcoins you own can’t be confiscated, frozen or garnished by any government or banking agency because there’s no one single place to go to do it. As long as you have Internet access, your bitcoins are yours to do with as you like. Sort of like cash under your virtual mattress! I’ve got your attention now, don’t I? ... So v3im seems to be some sort of marketing agency - which does nebulous things like 'creation of buzz'.. but this piece seems to be getting a bit of twitter traction, and if the recent '7 reasons to be wary' hit piece can get syndication.. then for balance I'd like to see this piece get a bit of loving  (I had nothing to do with this v3im piece though - just noting it here) |
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