Hack

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In 2016 a new illegal industry emerged in the bitcoin ecosystem. Ransomware, a malicious program with the ability to encrypt a file or lock the user out totally from a computing device. Hackers invented a way of blocking user access to very important servers and demanding a ransom of bitcoin in exchange for an unlocking key.

About 10,613 Tor-based websites on Freedom Hosting II were recently hacked by a group affiliating itself with Anonymous.

Email servers are constantly vulnerable to sophisticated hackers, a Blockchain-based email system is the answer to a more secure email which cannot be hacked and have user information stolen. CoinIdol.com explores whether Blockchain email systems deliver the most secure email accounts.

Andhra Pradesh, an Indian state located on the Southeastern coast of the country, has been reported as the first in Asia where the state government has introduced Blockchain technology to protect a database from cyber-attacks.

Valartis Bank Liechtenstein is reported to have been attacked by hackers demanding a ransom in Bitcoins.

A crowdfunding campaign for the first-ever cryptocurrency-themed card game, “Bitcoin Empire”, that simulates the Bitcoin ecosystem and aims to expand cryptocurrency popularity among board gamers, has just ended on Kickstarter and hit its target.

Czech police have arrested a hacker who may be involved in the attack on BitMarket.eu.

Individual producers and consumers of solar and wind energy will now have an instrument to integrate a Blockchain-based network into a new generation of energy trades. This comes thanks to three hackers who won the Dutch international energy hackathon H4ckenergy 2016 with their Blockchain project named EcoCoin.