29 Oct '14, 4pm

Bitcoin-Over-Tor Anonymity 'Can Be Busted for $2,500 a Month'

Bitcoin-Over-Tor Anonymity 'Can Be Busted for $2,500 a Month'

Using bitcoin over the anonymity network Tor leaves users at greater risk of having their identities revealed, according to academics at the University of Luxembourg. If that seemingly paradoxical finding isn't enough to scare privacy-loving bitcoiners, the researchers also determined that an attack could be mounted on an "economy" budget of just $2,500 a month. Such an attack could expose the identity of a bitcoin and Tor user, and allow the attacker to meddle with the victim's transactions, they said. Ivan Pustogarov, one of the two researchers working on the issue, explained: "The problem here is with anonymity. When people are connecting through Tor, they are expecting to have a higher level of anonymity ... it does provide some level of anonymity, but it is not that hard to break this." The attack is laid out in a paper titled, Bitcoin Over Tor Isn't A Good Idea , wri...

Full article: http://www.coindesk.com/bitcoin-tor-anonymity-can-busted-...

Tweets

Doernbecher 8s. Biggest story of the month?

Doernbecher 8s. Biggest story of the month?

sneakernews.com 31 Oct '14, 2am

We can expect the 2014 Doernbecher Freestyle Collection to be unveiled in November, but we caught a glimpse of the Air Jor...

MIT Undergrads Can Now Claim Their Free $100 in Bitcoin

MIT Undergrads Can Now Claim Their Free $100 in...

coindesk.com 29 Oct '14, 4pm

Half a million dollars-worth of bitcoin is being given away to undergraduates at the Massachusetts Institute of Technology...

2 weeks, 2 aces, 2 cars. Well done, @DanielleKa...

golfchannel.com 31 Oct '14, 1pm

Danielle Kang has yet to win an LPGA tournament. She's 104th in the current Rolex Rankings . But she has a talent most of ...

Malaysian Taxi Customers Can Now Pay with Bitcoin

Malaysian Taxi Customers Can Now Pay with Bitcoin

coindesk.com 01 Nov '14, 9pm

Taxi passengers in the Malaysian cities of Kuala Lumpur and Johor Bahru can now pay for their rides in bitcoin, thanks to ...

Shopify merchants can accept Dogecoin!

Shopify merchants can accept Dogecoin!

newsbtc.com 29 Oct '14, 4pm

One of the big news items in the realm of e-commerce over the past year has been Shopify ‘s movement into the bitcoin spac...

Bitcoin Prices Fall for Fourth Straight Month

Bitcoin Prices Fall for Fourth Straight Month

ibtimes.co.uk 01 Nov '14, 7am

Bitcoin prices declined for the fourth straight month in October, as investors' concerns about the digital currency contin...

What Bitcoin Can Learn from Social Media's Success

What Bitcoin Can Learn from Social Media's Success

coindesk.com 01 Nov '14, 11am

Facebook, MySpace and Twitter took the web by storm in the 2000s, enabling a wave of communication never before possible o...

Public service announcement. #bitcoin mining ca...

twitter.com 02 Nov '14, 4am

To bring you Twitter, we and our partners use cookies on our and other websites. Cookies help personalize Twitter content,...

Yesterday’s 5 new TLD launches total about 2,50...

domainnamewire.com 23 Oct '14, 2pm

A slow start, but some of these domains have long term potential. Five new top level domain names launched yesterday, and ...

Bats are often misunderstood creatures, which i...

nwf.org 29 Oct '14, 2pm

There really are vampire bats. But they live only in tropical regions of Central and South America. Although they do feed ...

Happy Birthday Bitcoin! Any way you slice it, w...

twitter.com 01 Nov '14, 8pm

To bring you Twitter, we and our partners use cookies on our and other websites. Cookies help personalize Twitter content,...