Comments on: Bitcoin: P2P underground cyber currency? http://www.welivesecurity.com/2011/06/06/bitcoin-p2p-underground-cyber-currency/ News, Views, and Insight from the ESET Security Community Mon, 03 Feb 2014 08:49:00 +0000 hourly 1 http://wordpress.org/?v=3.7 By: Ken Simpson http://www.welivesecurity.com/2011/06/06/bitcoin-p2p-underground-cyber-currency/#comment-3087 Tue, 07 Jun 2011 05:43:21 +0000 http://blog.eset.com/?p=7483#comment-3087 @David is right. The beneficiaries here will be security companies as well as fraudsters. In terms of government regulation, I think the cat is just a little bit too far out of the bag for any government to stop this trend. But rest assured they will try.

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By: David C http://www.welivesecurity.com/2011/06/06/bitcoin-p2p-underground-cyber-currency/#comment-3086 Tue, 07 Jun 2011 02:29:09 +0000 http://blog.eset.com/?p=7483#comment-3086 I was expecting to have seen the need for Bitcoin users to increase signficantly their attention to their security. 
The wallet.dat contains the money.  it is not encrypted.  A process can read that file, send the keys out and spend those funds — anonymously.
Encryption is coming, but the user still must enter a password on the keyboard. 
AMD with their GPUs  (which are now sold out globally) was the first beneficiary of bitcoin, and the second will be ESET and the other security companies.

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By: Codepoint http://www.welivesecurity.com/2011/06/06/bitcoin-p2p-underground-cyber-currency/#comment-3085 Mon, 06 Jun 2011 21:08:06 +0000 http://blog.eset.com/?p=7483#comment-3085 Have seen Zeus trojaner dropping Bitcoin and Miner to bots, confirming that criminal grups are trading in this currency.

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