Expandpass is a string expansion program. It’s “useful for cracking passwords you kinda-remember.” You tell the program what you remember about the password and it tries related passwords. I learned about it in this article about Phil Dougherty, who helps people recover lost cryptocurrency passwords (mostly Ethereum) for a cut of the recovered value. Powered … Read More “Cracking Forgotten Passwords” »
Category: cryptocurrency
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Someone is stealing millions of dollars worth of Ethereum by guessing users’ private keys. Normally this should be impossible, but lots of keys seem to be very weak. Researchers are unsure how those weak keys are being generated and used. Their paper is here. Powered by WPeMatico
In his 2008 white paper that first proposed bitcoin, the anonymous Satoshi Nakamoto concluded with: “We have proposed a system for electronic transactions without relying on trust.” He was referring to blockchain, the system behind bitcoin cryptocurrency. The circumvention of trust is a great promise, but it’s just not true. Yes, bitcoin eliminates certain trusted … Read More “Blockchain and Trust” »
Zcash just fixed a vulnerability that would have allowed “infinite counterfeit” Zcash. Like all the other blockchain vulnerabilities and updates, this demonstrates the ridiculousness of the notion that code can replace people, that trust can be encompassed in the protocols, or that human governance is not ncessary. Powered by WPeMatico
This is interesting: To prevent the problems of customer binding, and losing business when darknet markets go down, merchants have begun to leave the specialized and centralized platforms and instead ventured to use widely accessible technology to build their own communications and operational back-ends. Instead of using websites on the darknet, merchants are now operating … Read More “The Evolution of Darknets” »
This is clever: How the attack works: Attacker added tens of malicious servers to the Electrum wallet network. Users of legitimate Electrum wallets initiate a Bitcoin transaction. If the transaction reaches one of the malicious servers, these servers reply with an error message that urges users to download a wallet app update from a malicious … Read More “New Attack Against Electrum Bitcoin Wallets” »
This is well-worth reading (non-paywalled version). Here’s the opening: Cryptocurrencies, although a seemingly interesting idea, are simply not fit for purpose. They do not work as currencies, they are grossly inefficient, and they are not meaningfully distributed in terms of trust. Risks involving cryptocurrencies occur in four major areas: technical risks to participants, economic risks … Read More “Nicholas Weaver on Cryptocurrencies” »
Ross Anderson has a new paper on cryptocurrency exchanges. From his blog: Bitcoin Redux explains what’s going wrong in the world of cryptocurrencies. The bitcoin exchanges are developing into a shadow banking system, which do not give their customers actual bitcoin but rather display a “balance” and allow them to transact with others. However if … Read More “Regulating Bitcoin” »
Researchers have exploited a flaw in the cryptocurrency Monero to break the anonymity of transactions. Research paper. BoingBoing post. Powered by WPeMatico
Interesting paper “A first look at browser-based cryptojacking“: Abstract: In this paper, we examine the recent trend towards in-browser mining of cryptocurrencies; in particular, the mining of Monero through Coinhive and similar code-bases. In this model, a user visiting a website will download a JavaScript code that executes client-side in her browser, mines a cryptocurrency, … Read More “Hijacking Computers for Cryptocurrency Mining” »