Imitation Game Movie – Is A Single Fact Related By This Movie Actually True?

Dr Sue Black [UCL, saving the Bletchley Park activist] explains how much the true story of breaking Enigma during the WW2 is not at all what the movie shows us, and explains that though so many things in the movie are just totally historically inaccurate,  it would be somewhat very difficult to tell the real story …

Continue reading ‘Imitation Game Movie – Is A Single Fact Related By This Movie Actually True?’ »

Speculation About The New Theft – 5 Million Dollars Stolen

Nobody yet knows how 5 million of dollars in bitcoins were stolen from bitstamp (reported on 5 Jan 2015).  One expert report by Ferrin can be found here, however it is not clear if anybody knows at all HOW these bitcoins have been stolen. The bitcoin address of the thief is also known. Possibly bitcoin …

Continue reading ‘Speculation About The New Theft – 5 Million Dollars Stolen’ »

Now At Least 200,000 USD Stolen From Blockchain.Info Wallets

It appears that at least 100,000 USD were recently stolen from Blockchain.info wallets. Then a lot more was stolen again as reported on 15 Dec. Let us try to get make sure that we understand these events properly. Historical Background Bad random events in the blockchain have been known since January 2013. We have written on this …

Continue reading ‘Now At Least 200,000 USD Stolen From Blockchain.Info Wallets’ »

Block Withholding Attacks – Recent Research

In a recent paper, Ittay Eyal from Cornell University takes the block withholding attacks to the next level. Very interesting work. We are going to decrypt and clarify a few things regarding this paper and how it relates to other previously published works (in particular our paper). The Invention of Block Withholding The danger of a block …

Continue reading ‘Block Withholding Attacks – Recent Research’ »

Can Bitcoin Users Hope To Remain Anonymous

There is very little hope. Here is the latest revision (November 2014) of the recent paper this topic (May 2014) which explains how anyone can link seemingly anonymous bitcoin accounts to IP addresses. These recent de-anonymization techniques can be easily implemented, and are also expected to distinguish between different users are sharing the same IP address and …

Continue reading ‘Can Bitcoin Users Hope To Remain Anonymous’ »

More Bad Randoms In Bitcoin Blockchain

Bad random events are still happening in the bitcoin blockchain, such events are observed on a regular basis. They are probably due to some yet unpatched software (cf. section Mitigation Points here). Here is the latest such event at the moment of writing, it has occurred on 29 November 2014, see here. Two different bitcoin …

Continue reading ‘More Bad Randoms In Bitcoin Blockchain’ »

Regin Malware Watches Cryptographers Among Other High Profile Targets

Regin is a highly targetted malware designed to watch over just a handful of targets, with only around 100 infections uncovered since 2008, including the famous cryptographer Jean-Jacques Quisquater. It entails “a degree of technical competence rarely seen,” according to Symantec. Targeted Surveillance Known targets are government bodies, banks, small businesses and academics. Quisquater have been …

Continue reading ‘Regin Malware Watches Cryptographers Among Other High Profile Targets’ »

Saving Bitcoin From Destruction

At last… there is a sensible solution proposed which should allow bitcoin to survive and thrive in the future. There is a new paper (22 October 2014) which revisits the concept of side chains and takes it to the new level. The idea of sidechains is not new, however, the problem is, was it ever taken …

Continue reading ‘Saving Bitcoin From Destruction’ »

How To Upgrade The Bitcoin Elliptic Curve

All cryptographers understand the difference between a standard elliptic curve which everybody uses and recommends (say NIST, NSA, NATO, Microsoft, EMV bank cards etc) and a bizarre elliptic curve which nobody ever uses and which no responsible crypto engineer would recommend, except strangely in bitcoin. How to Upgrade It would be incredibly easy to upgrade, …

Continue reading ‘How To Upgrade The Bitcoin Elliptic Curve’ »

Controversy Around Bitcoin Elliptic Curve

So many times we have learned about cryptography and security the hard way. One of the key problems is ignoring the advice and warnings, which are plainly written in the current crypto literature. This without the slightest ambiguity, so that there is very little doubt about what a reasonable and professional security practice is. The Story …

Continue reading ‘Controversy Around Bitcoin Elliptic Curve’ »