University shuts down its entire network to stop Bitcoin crypto-jackers

2018-11-7 13:44

A Canadian university had to shut down its entire campus network after it discovered hackers had hijacked its computing power to surreptitiously mine cryptocurrency – Bitcoin, to be exact. In a statement released earlier this week, Nova Scotia-based St.

Francis Xavier University revealed the hackers snuck in malicious software on its servers to run their crypto-jacking operation. Its technical team first detected the attack last Thursday. “In consultation with security specialists, [we] purposefully disabled all network systems in response to what we learned to be to be an automated attack on our systems known as ‘crytpocoin mining,'” the statement reads. …

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Источник: thenextweb.com

bitcoin university → Результатов: 126

San Diego State University Accepting Bitcoin Donations

The university will also hold most of its bitcoin, only allocating 1% each quarter to explore additional Bitcoin uses for SDSU.

2022-1-15 23:24	News
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Academics and Pantera Capital’s “Better Bitcoin” Is still Slower than Visa

A non-profit group comprised of MIT and bay area academics, as well as hedge fund Pantera Capital was formed to develop a coin that can offer faster speeds of processing transactions than Bitcoin. How to Make Unit-e More than a “Nice Idea” Teachers from Massachusetts Institute of Technology, Stanford University, and Berkeley’s University in California along with five other.

2019-1-19 19:00	scalability
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Bitcoin (BTC) Mining Malware Sends Canadian University Network in Lockdown

St. Francis Xavier University in Canada shut down its entire system for more than three days last week because of a crypto jacking attack. Some of the services have been partially restored.

2018-11-7 15:01	News
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Professional Course Prepares Russian Lawyers for the Cryptocurrency Industry

Russian companies have organized an enhancement course to prepare legal experts for the challenges of working in the cryptocurrency space. The oldest university of economics in the country, two law firms providing services to digital businesses, and both houses of parliament are behind the project to help lawyers understand the specifics of the industry.

2018-11-3 17:05
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Binance Labs Holds Talks With Harvard, MIT and Columbia University Students

Binance recently talked about this past weekend’s activity with students at the Harvard Business School, Massachusetts Institute of Technology and Columbia University. Binance Labs, the investment arm of the largest crypto exchange in the world held a meetup titled, “State of Blockchain: A Chat with Binance Labs.

2018-11-1 21:59	Binance
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George Mason University’s Tyler Cowen: “Bitcoin’s Flexibility is Limited by It’s Hard Fork Reach”

Tyler Cowen: “Bitcoin’s (BTC) Flexibility is Limited by It’s Hard Fork Reach” During a recent panel discussion that took place on Bloomberg Opinion, one of the topics that drew a lot of attention was the fact that there still exist more than 2 Billion individuals who do not have access to a bank account (but […]

2018-10-27 20:44	News
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Debunking Dr. Doom

This rebuttal to Dr. Doom, AKA Nouriel Roubini, was written by Thomas Schouten, the Head of Marketing at Lisk. Schouten holds a Bachelor of Science in Business Administration and a Master of Science in Strategic Entrepreneurship from Erasmus University Rotterdam.

2018-10-26 06:00	vitalik buterin
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Debunking Dr. Doom: Building a New Global Economy on a “Glorified Spreadsheet”

2018-10-26 06:00	vitalik buterin
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Tech Lead at Capgemini Defends Bitcoin Against Nouriel Roubini’s Testimony

Despite the growing popularity and acceptance of Bitcoin, every now and then there is someone who lambastes it. Recently, it was Nouriel Roubini, an economist and professor at New York University’s Stern School of Business, who attacked cryptocurrencies, calling them the “mother of all scams and bubbles.

2018-10-24 18:30
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The Government of Gibraltar to Create Blockchain-Related Education Courses

The Government of Gibraltar recently launched the New Technologies in Education (NTiE) Advisory Group, a group responsible for addressing the growing demand for skills in the emerging technology sector.

2018-10-23 09:00	Regulations
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Cypherpunk Essentials: A Beginner’s Guide to Crypto Privacy

The following op-ed on crypto privacy was written by Reuben Yap. He is the Chief Operations Officer of Zcoin. A corporate lawyer for ten years, specializing in institutional frameworks, Reuben founded one of SE Asia’s top VPN companies, bolehvpn.

2018-10-18 15:30
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Education in Blockchain: A Roundup of Woolf University

There is perhaps no doubt that blockchain, cryptocurrency’s underlying technology, has soared in popularity over the past few years. Top colleges, including Princeton University, the University of California Berkeley and Cornell University, are now offering courses dedicated to cryptography and blockchain.

2018-10-18 15:00
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Universities Are Reluctant to Accept Crypto Donations

The vast majority of colleges are still very uncomfortable with accepting cryptocurrency donations. This mindset might not change anytime soon amid concerns about volatility and taxation. Cryptocurrency and blockchain are still hot discussion topics across many university campuses, despite turbulent markets in 2018.

2018-10-17 12:00
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Hacking Bitcoin: Report Says China Can Attack the Bitcoin Mining Network

According to a recent research report compiled by researchers from the Florida International University and Princeton University, China has tremendous influence over the bitcoin network largely due to its monopolization… The post Hacking Bitcoin: Report Says China Can Attack the Bitcoin Mining Network appeared first on CoinCentral.

2018-10-17 22:58	Mining
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Worlds Biggest University Endowments Harvard, Stanford, MIT Invest in Crypto Funds

Many leading academic players including Harvard University, Stanford University, and Massachusetts Institute of Technology (MIT), have reportedly invested in crypto-centric funds. The revelation indicates the shift of interest of institutional investors towards the growing asset class.

2018-10-16 17:30	#investment
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China is a threat to the Bitcoin network says new report

A new study published by researchers from Princeton and Miami International University suggests that China poses a potential threat to the Bitcoin network as the majority of bitcoin mining operations are located in a country whose government holds an adversarial view of the number one cryptocurrency.

2018-10-17 14:00	BNC insights
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New Bitcoin Study Suggests Chinese Crypto Mining Centralization Is A Threat To Industry

According to a new study conducted by Princeton University and Florida International University Bitcoin has a very dangerous threat. The joint study explains that the most popular virtual currency has a significant mining geographical centralization.

2018-10-15 09:40	News
study mining bitcoin threat new university china

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Study Argues Chinese Mining Centralization Poses Threat to Bitcoin Network

A joint study conducted by Princeton University and Florida International University has found three-quarters of Bitcoin mining is based in China and warned of the potential risks that could result from the significant geographical centralization of the mining network.

2018-10-15 13:00
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Ethereum Cofounder Vitalik Buterin Answers Dr Doom’s ‘Ether Scam’ Claim

Was the Ether premining a “criminal” act, and should Ethereum cofounder Vitalik Buterin be called out for this “scam”? Notable economist and New York University professor Dr. Nouriel Roubini thinks so.

2018-10-14 19:19	vitalik buterin
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China Influences Cryptos, Like It or Not!

Researchers from Princeton University and Florida International University are showing a new picture of Bitcoin’s misty world. Ben Kaiser, Mireya Jurado, and Alex Ledger teamed up to analyze the Chinese influence on cryptocurrency’s poster child — Bitcoin.

2018-10-12 16:49	Cryptocurrency
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Bitcoin Network Comes To A Standstill In China

Ben Kaiser from one of the most impressive universities in America, Princeton University and Alex Ledger from Florida International University have written a paper together on what China is impacting Bitcoin.

2018-10-12 08:00
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China Has 19 Ways to “Kill” Bitcoin, Paper Says

A scientific work published by researchers from Princeton University and Florida International University revealed that China has more than enough possibilities and motives to “kill” Bitcoin or at least to do considerable damage to the blockchain’s stability.

2018-10-12 00:41	Research
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Report Links 74% of Bitcoin Mining to China, Sees Threat to Network

Bitcoin, the world’s most sought-after cryptocurrency, could be at the wish and whim of Asia’s economic giant. A recent study titled “The Looming Threat of China: An Analysis of Chinese Influence on Bitcoin,” jointly researched by Princeton University and Florida International University researchers, suggests China’s mining scene has an overwhelming influence over Bitcoin, something that could invite network manipulation.

2018-10-11 00:29	Mining
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Princeton Research Claims China Motivated to “Kill” Bitcoin, Selfish Miners Governing 74 Percent of Network

A research study published on Oct. 5 claimed growing Chinese influence over the Bitcoin protocol is a “looming threat” to the $114 billion network. The paper alleged that China presents a problem to the security, stability, viability of the pioneer cryptocurrency.

2018-10-10 20:00	China
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Chinese Government May Wield Power to Destroy Bitcoin

China has played a critical role in the crypto markets for several years now. A new paper written by academics from Princeton University and Florida International University suggests that China’s growing influence over Bitcoin’s key infrastructure has given the Chinese government the ability to heavily shape, or even destroy, Bitcoin.

2018-10-10 10:00
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Bitcoin (BTC) May Never See $6,000 Again

Chart for BTC/USD (1W) Bitcoin (BTC) is finally out of the woods. The above weekly chart for BTC/USD shows that Bitcoin (BTC) has formed a weekly candle above the historical downtrend line. This is the first time since January 2018 that Bitcoin (BTC) has breached this resistance line and formed a candle above it.

2018-10-10 00:30	Bitcoin
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Cryptos Gain Adoption Amid Venezuela’s Economic Turmoil

Life in Venezuela is anything but. Last year, the South American nation of 32 million led the world with 652% inflation and this year the economic turmoil is even worse. As of September 2018, the annual inflation was estimated at 200,000% and International Monetary Fund (IMF) said it could spike to a mindboggling 1,000,000% by December.

2018-10-10 22:30	Venezuela
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Yale’s Influential Endowment Manager Invests in Cryptocurrencies

David Swensen, chief investment officer (CIO) of Yale University’s $29. 4 billion endowment fund, has wet his foot in the digital currency space after investing in two cryptocurrency-focused venture funds.

2018-10-7 21:19	Cryptocurrency
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Famed Endowment Manager Invests Yale’s Money in Crypto Funds.

On October 5, 2018, an article published by Bloomberg stated that Yale University’s Investment Office, under the stewardship of famed manager David Swensen, has put an allocation toward Paradigm, a new cryptocurrency fund that has raised $400 million dollars.

2018-10-6 01:52	Investing
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New Zealand Academics Call for Amenable Cryptocurrency and DLT Regulations

Professors at the University of Auckland have written a new report urging the New Zealand government to regulate the local distributed ledger technology (DLT) and cryptocurrency ecosystem to make the country a hotbed for related businesses, reported the New Zealand Law Society on October 1, 2018.

2018-10-4 15:00	Regulations
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Queensland University Study Finds Tether not Responsible for Manipulating Bitcoin Price

A recent academic study by Dr. Wang Chun Wei, a researcher at University of Queensland Business School, concluded that the “kingpin” of stablecoins, Tether (USDT), had no impact on the price of the bitcoin (BTC) during last year’s cryptocurrency bull run.

2018-10-3 18:00	Wallet
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230 +

Blinded by the Light: Why Top Economists Are Wrong About Bitcoin

A long list of award winning economists have railed against Bitcoin and cryptocurrency, predicting spectacular failure. Nobel prize winner Paul Krugman has predicted the total collapse of Bitcoin because of its deflationary nature, going as far to call it “evil.

2018-9-30 01:00
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Bitcoin Magazine’s Week in Review: Under the Microscope

This past week saw a flurry of reports and analyses released by various agencies and companies, speculating on the roles — past and present — of cryptocurrencies and blockchain technologies.

2018-9-29 20:00
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427 +

Blockchain’s Report Examines Benefits (and Failures) of Today’s Stablecoins

Stablecoins have garnered serious investor attention over the past few weeks. Unlike bitcoin and similar cryptocurrencies, they are digital assets built to lessen price volatility and are often paired against the U.

2018-9-29 01:06	Digital assets
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BitGo CEO to Talk on “Securing the Trillion Dollar Wallet” at Stanford University

BitGo's Big Ideas: Secure the World's Biggest Blockchain Fortunes and Create a 1 Trillion Dollar Wallet In 2013, the stakes felt like they were incredibly high for bitcoin holders. Especially when the largest bitcoin wallets safeguarded by blockchain security provider BitGo, especially considering it held around $10 million worth of cryptocurrency. If we flash forward […]

2018-9-28 21:30	News
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Ultra Fast Blockchain Reaches 30,000 Transactions Per Second

Researchers in Australia announced on Wednesday a successful trial run of next generation blockchain that can reach cross-border speeds of 30,000 transactions per second. Operating on Amazon Web Services’ (AWS) cloud infrastructure, the test potentially paves the way for global enterprise-scale applications of the technology.

2018-9-28 23:00
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Ultra-Fast Blockchain Reaches 30,000 Transactions A Second

2018-9-28 23:00
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Cryptojacking Becomes More Sophisticated With Time: Chinese Researchers

Cryptojacking, an attempt to use a device’s spare computing power to mine digital currencies, is gaining ground ever since crypto assets started getting mainstream acceptance. Researchers from China’s Fudan University and Tsinghua University collaborated with the University of California Riverside to produce the first systematic study of these attacks.

2018-9-27 17:59	security
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Amazon Cloud Blockchain Test Finds Its Way Faster Than Bitcoin

CSIRO, Australia’s National Science Agency, in partnership with Sydney University have revealed that, through using the Amazon Cloud, the pair have managed to achieve a blockchain transaction settling time of 30,000 transactions per second.

2018-9-27 21:30	blockchain
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Fork-free, Energy Efficient Red Belly Blockchain Hits 30,000 Transactions per Second

The University of Sydney and CSIRO’s Data61 say in their official press release they have successfully trialed a blockchain that provide 30,000 transactions per second which significantly exceeds the throughput of Bitcoin and Etherium networks.

2018-9-26 18:30
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Linguistic Scientists At University Of Hasbro Discover Exact Value Of Bitcoin

Bitcoin has finally gone mainstream, in the weirdest of ways. It’s now officially a word in Scrabble™ and it’s worth an impressive 11 points – although, of course, playing the bingo directly from the center tile would net you an extra fifty.

2018-9-26 00:12	Mass Adoption
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University Researcher: Tether Not Responsible For Bitcoin Price Levels

A Queensland Univerity professor has attempted to debunk the theory which accused stablecoin Tether issuance model of manipulating the Bitcoin value. Tether Not Responsible In his report, Dr. Wang Chun, Ph.

2018-9-26 20:30	USDT
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Battle of the Privacycoins: Zcash Is Groundbreaking (If You Trust It)

Based on blockchain technology, most cryptocurrencies have an open and public ledger of transactions. While this is required for these system to work, it comes with a significant downside: privacy is often quite limited.

2018-9-25 19:47	Digital assets
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Next-Gen Blockchain Red Belly Blockchain Breaks new Ground for Speed

The University of Sydney and CSIRO’s Data61 have successfully created a blockchain that can process a mass amount of transactions significantly faster than public blockchains, such as the one behind bitcoin, The Financial Review reported on September 25, 2018.

2018-9-25 19:00	transactions
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Study Reveals Growing Sophistication in Malicious Mining of Cryptocurrency

Several Chinese researchers from Fudan University, Tsinghua University and the University of California Riverside have produced the first systematic study of the malicious mining of cryptocurrencies, known as cryptojacking, unveiling increasing complexity over time.

2018-9-25 23:59	#scams
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Study Argues Tether Wasn't Used to Prop Up Bitcoin Price

Published a month before a report by researchers from the University of Texas alleging that stablecoin Tether (USDT) issues new tokens to manipulate bitcoin's price, another academic study has come to light that challenges this theory.

2018-9-25 20:35	Investing
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New Study Argues Tether Wasn't Used to Prop Up Bitcoin Price

Following an earlier report by researchers from the University of Texas alleging that stablecoin Tether (USDT) issues new tokens to manipulate the bitcoin price, a new report has emerged debunking this theory.

2018-9-24 20:35	Investing
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There is “No Evidence” To Prove that USDT Was Used To Manipulate Bitcoin (BTC) Price, Study Concludes

Research conducted by the Lecturer in Finance at University of Queensland Business School, Ph. D. Wang Chun Wei concluded that there is no substantial evidence that the USDT was used as a tool to manipulate Bitcoin (BTC) prices during 2017.

2018-9-24 09:58	Tether (USDT)
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Study Finds “No Evidence” of USDT Price Manipulation

A study examining the widely suspected correlation between Tether issuance and BTC price movement, undertaken by Wang Chun Wei and published by the University of Queensland, has found that USDT grants do not have a “statistically significant” effect on price fluctuations.

2018-9-24 20:25
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