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Keyword: privatekey

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  • U.S. seizes $2.3 mln in Bitcoin paid to Colonial Pipeline hackers

    06/07/2021 3:08:51 PM PDT · by Navy Patriot · 113 replies
    Reuters ^ | June 7, 2021 | Christopher BingJoseph MennSarah N. Lynch
    ...Deputy Attorney General Lisa Monaco said investigators had seized 63.7 Bitcoins, now valued at about $2.3 million, paid by Colonial (COLPI.UL) after last month's hack of its systems that led to massive shortages at U.S. East Coast gas stations....An affidavit filed on Monday said the FBI was in possession of a private key to unlock the hackers' Bitcoin wallet. It was unclear how the FBI gained access to this key...."Today, we've turned the tables on DarkSide," said Monaco, referring to a ransomware group widely believed to have been behind the crippling fuel pipeline attack.
  • High-quality random numbers can now be computed with much less effort

    05/26/2016 10:08:32 AM PDT · by Ernest_at_the_Beach · 26 replies
    fudzilla.com ^ | 26 May 2016 | Jon Worrel
    A big win for encryption, more efficient complex simulations Last week, computer scientist researchers at the University of Texas at Austin published a draft paper describing a new, more efficient way of generating truly random numbers that can be used everyday encryption situations like mobile banking, statistics, electronic voting and complex simulations, among other applications. At the university, computer science professor David Zuckerman and graduate student Eshan Chattopadhyay developed a method of taking two weakly random numbers and combining them into a single sequence of truly random numbers. In the past, the task of generating truly random numbers for encryption...