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Cybercriminals hold German hospitals to ransom

March 3rd, 2016 | by BTC News
Cybercriminals hold German hospitals to ransom
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Cybercriminals hold German hospitals to ransom
The news comes after the US-based Southern California hospital paid a fee of $ 17,000 in Bitcoin to regain access to system files locked by ransomware. The computer network, shut down since the attack began, was then unlocked using the decryption key¬†…
Read more on ZDNet

A Conversation with Professor Rakesh Kumar
The question that we started asking in our group is: what role can hardware play in making blockchain protocol and associated applications, such as cryptocurrencies, more efficient and secure? Our work on approximate bitcoin mining is our first step in …
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Lightning’s Balancing Act: Challenges Face Bitcoin’s Scalability Savior
Think of it like bitcoin mining but even more competitive because you won’t need custom hardware or lots of power, just an online computer and some bitcoin. Nodes will want to keep the value in channels balanced in order to prevent them from becoming¬†…
Read more on CoinDesk

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