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What is an ICO (Initial Coin Offering)

The cryptocurrency market is often referred to as the “wild west of finance”. Cryptocurrencies can sometimes increase in value several times over. Investment opportunities in the form of crowdfunding campaigns are extremely common in the cryptocurrency sphere. These come in the form of ICOs, short for Initial Coin Offering. Crowdfunding and cryptocurrency is a match made in heaven. Development teams ... Read More »

What is the Waves Platform?

For those involved in the cryptocurrency space, you’ve probably heard of the Waves Platform. Last year, during its crowdfunding campaign, Waves was able to gather an astounding amount of BTC, roughly 30k BTC, making it the 7th most successful crowdfunding campaign in the world so far. But what is Waves exactly? The Waves platform is described as a Open Blockchain ... Read More »

Imperfectly Programmed Smart Contracts Will Gobble Your Money

Ethereum is by far one of the most popular cryptocurrencies, as more than 10 million transactions have already taken place on Ethereum’s blockchain, since the cryptocurrency was first launched in 2015. Ethereum’s blockchain is considered the most popular smart contract platform today. On Ethereum’s blockchain, a smart contract can be coded using a myriad of programming languages including Solidity (best ... Read More »

Is The Tor Browser Fully Anonymous? (The Myth and Reality)

Many think that Tor is a fully anonymous and secure means for browsing the internet, that doesn’t give a chance to anyone to monitor one’s browsing behavior and trace it back to his/her physical location, but is this really true? Tor is not perfectly anonymous, as it has a group of risks and limitations, which one should pay attention to, ... Read More »

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Tutorial – How To Accept Bitcoin Payments On Your Website

Bitcoin is an attractive payment method for online entrepreneurs mainly due to the fact that its transaction fees are negligible when compared to other popular online payment methods such as wired transfers, payment processors (e.g. Paypal) or credit card transactions. Accordingly, this can lead to a higher profit margin, a more competitive pricing model and the ability to offer services ... Read More »

Legal Aspects of DAO (Decentralized Autonomous Organization)

Decentralized autonomous organization (DAO) represents an innovative means for organization of a network of decentralized users for taking common decisions and engaging in smart contracts. Any user can submit a smart contract proposal to the DAO. Every user can vote for or against any given smart contract. The DAO program will execute the decision voted for by the majority. The ... Read More »

A Comprehensive Privacy Analysis of Tor Hidden Services

Tor is one of the most popular darknets, which is known for its high levels of anonymity. Even though Tor’s protocol and its relay security have been thoroughly studied, there is currently no detailed analysis of the framework and privacy of hidden web services on this widely used darknet. To address this, a group of researchers formulated a specialized analysis ... Read More »

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Exploratory Data Analysis for Tor Marketplaces – The Drugs’ Case

The world of anonymous marketplaces represents a novel channel for black markets, which offer a wide variety of illegal merchandize. For most marketplaces on the darknet, the overall incidence of sales is still not comparable with the sales incidence of similar physical markets. Nevertheless, given the fact that it reflects an essential trade channel, offering opportunities to new as well ... Read More »

Fileless Malware Attack Evades AV with DNS

Malware authors never fail to find new ways of doing the same thing to go under the AV’s radar. Recently, Cisco’s security researchers team Talos spotted a novelty in controlling exploited computers. Dubbed DNSMessenger, it’s a Remote Administration Tool (RAT) that used DNS to communicate with Command & Control server. DNSMessenger Infection Chain Even though attack vector includes a file, ... Read More »

An Application That Converts National Fiat Currencies To Blockchain Based Cryptocurrencies

The high security levels offered by cryptocurrencies, via the blockchain technology, offer an ideal financial ecosystem for minting national currencies. A recently published paper introduced an innovative application that utilizes the blockchain technology to transform fiat money into a cryptocurrency; ether. This technology can become a part of a much bigger system, so that, after travelling outside his/her country, a ... Read More »

Cryptocurrency and Gaming – A match made in heaven

Blockchain technology is sometimes referred to as disruptive and it’s not just in the financial sector, many industries will be affected by this technology. One them seems to be already ahead of the curve. We are talking about the gaming industry. Cryptocurrencies and videogames are a match made in heaven. Why? Because virtual currencies have existed in video games almost ... Read More »

Blocktix : Decentralized Network for Event Hosting & Ticketing Using Ethereum’s Blockchain

Blocktix is a novel, decentralized platform for ticket distribution and event hosting. The platform operates via Ethereum’s smart contracts, which enable verification of authentic tickets rendering it almost impossible to counterfeit them. Blocktix is aimed at providing a decentralized network for distribution and sales of tickets. Individuals as well as companies can buy and sell tickets via means of cryptographic ... Read More »

Public Consensus Networks & Secret Management : From Access Control to Ransomware

The advent of bitcoin has introduced the world to a new class of decentralized networks. Referred to as “consensus networks”, such systems, as bitcoin’s and Ethereum’s blockchain, deploy highly distributed volunteer-run networks to implement public rules that are responsible for managing access to various resources. Bitcoin’s network utilizes consensus to apply monetary transaction rules. Nevertheless, more recently consensus based systems ... Read More »