Your Web News in One Place

Help Webnuz

Referal links:

Sign up for GreenGeeks web hosting
February 20, 2014 10:00 pm GMT

Bitcoin Is The New PayPal

bitcoin-paypalOn February 7, Mt.Gox informed users that they were temporarily halting withdrawals of the popular electronic currency from their service due to a technical problem called transaction malleability. This technical flaw allowed fraudsters to manipulate the unique ID of a Bitcoin transaction. They could make it appear as if the withdrawal never happened even though they would still receive the funds.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/Y6XHnDy6lRI/

Share this article:    Share on Facebook
View Full Article

Techcrunch

TechCrunch is a leading technology blog, dedicated to obsessively profiling startups, reviewing new Internet products, and breaking tech news.

More About this Source Visit Techcrunch