12 Aug '13, 11am

#Android vulnerability could leave #Bitcoin wallets open to theft (@piagadkari)

#Android vulnerability could leave #Bitcoin wallets open to theft (@piagadkari)

Continue reading the main story HOW BITCOINS WORK Bitcoin is often referred to as a new kind of currency. But it may be better to think of its units as being virtual tokens that have value because enough people believe they do and there is a finite number of them. Each of the 11 million Bitcoins currently in existence is represented by a unique online registration number. These numbers are created through a process called "mining", which involves a computer solving a difficult mathematical problem with a 64-digit solution. Each time a problem is solved the computer's owner is rewarded with 25 Bitcoins. To compensate for the growing power of computer chips, the difficulty of the puzzles is adjusted to ensure a steady stream of about 3,600 new Bitcoins a day. To receive a Bitcoin, a user must also have a Bitcoin address - a randomly generated string of 27 to 34 letters and n...

Full article: http://www.bbc.co.uk/news/technology-23664743

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pcworld.com 12 Aug '13, 7am

Bitcoin wallets on Android are vulnerable to theft because of problems in a component that generates secure random numbers...

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engadget.com 12 Aug '13, 8am

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techweekeurope.co.uk 12 Aug '13, 10am

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threatpost.com 12 Aug '13, 3pm

Bitcoin wallets on the Android platform are vulnerable to theft after a vulnerability was discovered that could allow an a...

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arstechnica.com 12 Aug '13, 2pm

Bitcoin.org released a security advisory over the weekend warning the Bitcoin community that any Bitcoin wallet generated ...

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androidcommunity.com 12 Aug '13, 5am

Bitcoin has just issued an announcement to users of several Android Bitcoin apps regarding a security issue found on the A...

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thehackernews.com 13 Aug '13, 6am

A critical vulnerability in the Android implementation of the Java SecureRandom random number generator was discovered , t...

Android Flaw Could Empty Bitcoin Wallets

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technewsworld.com 12 Aug '13, 10pm

Android device owners who use Bitcoins may have their digital currency stolen because of a security flaw in Android, the B...

Android Security Flaw Puts Bitcoin Wallets at Risk

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eweek.com 12 Aug '13, 4pm

The security flaw is just the latest highlight of the weaknesses inherent in the highly fragmented distribution of the And...

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bitcoinmagazine.com 11 Aug '13, 9pm

A critical security vulnerability has been found in Android which renders bitcoins stored in Android Bitcoin wallets vulne...

Android Bitcoin wallet apps vulnerable to theft

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t3.com 11 Aug '13, 10pm

According to an official blog post from Bitcoin developers, 'critical weaknesses' have been discovered in every Bitcoin wa...

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theverge.com 11 Aug '13, 8pm

In a blog post the developers of Bitcoin have announced the discovery of a critical weakness in Android that leaves Bitcoi...

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news.cnet.com 11 Aug '13, 9pm

A critical weakness in Android leaves digital wallets on the mobile platform vulnerable to theft, Bitcoin developers warne...

Bitcoin developers say critical Android flaw leaves digital wallets vulnerable to theft | The Verge

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mobile.theverge.com 11 Aug '13, 8pm

Bitcoin developers say critical Android flaw leaves digital wallets vulnerable to theft By Ellis Hamburger 3 hours ago In ...