BetVIP launches bitcoin-only sportsbook

With just days to go until Brazil 2014, and what will be the biggest betting event of all-time, the world’s first licensed bitcoin-only sportsbook, BetVIP.com, has gone live with the aim of adding transparency and legitimacy to the nascent currency. BetVIP takes...

Bitcoin cybercrime on the increase

The popularity of financial malware targeting Bitcoin grew in 2013, according to the Financial Cyber Threats in 2013 study carried out by Kaspersky Lab. The number of attacks targeting the crypto-currency increased more than 2,5 times and accounted for 8,3-million...

Bitcoin: disrupting mobile money in Africa

Kathy Gibson at AfricaCom, Cape Town – Bitcoin has generated a lot of international press over the last few months, but so far the system has not really gained traction in Africa. Pelle Braendgaard, co-founder of Kipochi, believes that Bitcoin is a truly...

Bitcoin-like attacks set to escalate

The recent attacks on Bitcoin apps are an indication of the kind of mobile security breaches users can expect to see in the future. Applications using the same function to generate random numbers for security could be compromised affecting millions of users British IT...

More to fear from Bitcoin malware

Threats posed by the Bitcoin malware go well beyond initially-reported Skype and Bitcoin mining. And about 350 000 users are at risk, having unwittingly downloaded the malware through Skype and Gtalk. This is according to Cyberoam’s Threat Research Labs (CTRL), which...