Armada Collective Exposed to Issue Empty DDoS Threats, While Collecting Extortion Money

Armada Collective Exposed to Issue Empty DDoS Threats, While Collecting Extortion Money

During the last couple of months, ransomware attacks have increased significantly, thus forcing online businesses from all around the world to pay out hundreds of thousands of dollars-worth of bitcoin to scammers.

However, a group known by the name of Armada Collective has decided to take advantage of the fear caused by the increasing number of DDoS attacks, and make some money for themselves. To learn more about the cybercriminals, CloudFlare has decided to take matters into their own hands, and investigate.

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$2.8 Million Recently Invested in Two Asian Bitcoin Projects

$2.8 Million Recently Invested in Two Asian Bitcoin Projects

During the last couple of days, two massive investments took place on the bitcoin market, thus once again proving the fact that the cryptocurrency has the potential of facilitating huge fintech projects.

To put things better into perspective, the bitcoin trading platform known by the name of Coinsecure has managed to raise over $1.2 million from the help of a group of undisclosed angel investors from India.

According to the company, the funds will be used to help expand the company’s reach in both the domestic and international markets, while also strengthening the engineering and marketing teams, increasing the number of banking partners and developing an app that will be launched by the end of this month. Together with this, the funds will also be used to introduce a couple of more Ethereum and Blockchain innovations that will help shape the market.

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Steam Announces Bitcoin Integration on Their Gaming Platform

Steam Announces Bitcoin Integration on Their Gaming Platform

If you enjoy playing games on your computer, then chances are that you have heard about Steam, a distribution platform developed by the Valve Corporation, which offers people from all around the world a wide variety of games alongside with multiplayer gaming, social networking and more.

The platform, which is clearly, the most popular in the industry, has recently announced that it will begin accepting payments in bitcoin. While the rumours have been around from as early as February this year, an official update posted on the Steam developer forums now serves as the official announcement.

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Brand New Supermicro Dedicated Servers based on E3-1245V5 and DDR4-2400 are Now Available for Bitcoin

Brand New Supermicro Dedicated Servers based on E3-1245V5 and DDR4-2400 are Now Available for Bitcoin

CoinsHost team has recently purchased brand new Supermicro dedicated server setups based on blazing fast Intel® Xeon® Processor E3-1245 v5 and DDR4-2400 2RX8 VLP ECC. Both Magma 2S and Magma 2X configurations are packed with enterprise-class Samsung SSD's. Read more about these new server setups or place an order here.

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How to convince the Bitcoin community that you are Satoshi Nakamoto

How to convince the Bitcoin community that you are Satoshi Nakamoto

Since Bitcoin was created, there have been numerous questions referring to who its creator really is. Popularly named as Satoshi Nakamoto, the mysterious man has disappeared in the last couple of years, after leaving Gavin Andersen in his place.

Four months ago, the Internet blew up with news saying that an Australian computer scientist known by the name of Craig Wright is actually the creator of Bitcoin. Numerous publications such as Wired and Gizmodo have showcased various forms of proof, but the community remained sceptical and wouldn’t buy the story at that time.

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Overstock.com invests $4 million into Bitt

Overstock.com invests $4 million into Bitt

During the last couple of months, there have been numerous bitcoin-related investments, in start-ups of all kinds. According to recent reports, it seems like the Caribbean-based blockchain startup, Bitt, has managed to raise a total of $4 million after a Series A funding from Overstock.com.

To put things better into perspective, Bitt represents a company that was founded in 2016, and aims to provide a digital asset exchange. This way, it provides people with access to digital currencies in emerging markets, thanks to their trading platform, which they claim to offer some of the best customer service, alongside with the highest levels of transparency, accountability and security.

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Bitcoin Core announces their Sponsorship Program to bring advancements to Bitcoin

Bitcoin Core announces their Sponsorship Program to bring advancements to Bitcoin

During the last couple of months numerous bitcoin funding/sponsorship programs have sprouted up, thus encouraging initiative in the digital currency market. According to recent reports, yet another sponsorship programme was announced. This one aims to encourage users to come up with innovation ideas, while also contributing to the bitcoin code. What makes it special is the fact that this programme is run directly by Bitcoin Core.

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New DDoS Protection Service Makes Servers Harder to Attack by Turning Them Into Moving Targets

New DDoS Protection Service Makes Servers Harder to Attack by Turning Them Into Moving Targets

During the last couple of years, Distributed Denial of Service Attacks (DDoS) have gotten a lot more popular, due to the fact that they’re cheap and easy to carry out, and they basically require no effort whatsoever once a stable script is put into place.

For those who do not know, DDoS attacks take advantage of one of the biggest vulnerabilities of serves- the fact that they can only handle a set amount of connections or traffic at the same time. Based on this, they basically flood server with requests, which in turn, either slows or takes sites down completely.

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MIT raises $900,000 for bitcoin core developers

MIT raises $900,000 for bitcoin core developers

During the last couple of months, various universities have showcased a growing interest in blockchain and bitcoin technology. In fact, universities like Stanford have introduced bitcoin-specific courses, in order to prep people up for the future of finance.

According to recent reports, it seems like the MIT has just created something known as the Bitcoin Developer Fund, a program meant to support the constant work of top bitcoin core developers such as Gavin Andersen, Wladimir van der Laan and Cory Fields. These three developers joined a program known by the name of MIT Media Lab’s Digital Currency Initiative a year ago, which is why they’ll benefit from the developer’s fund.

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