Zerocoin | Breaking Cybersecurity News | The Hacker News

Are you a programmer? If yes, then you would know the actual pain of... "forgetting a semicolon," the hide and seek champion since 1958. Typos annoy everyone. Remember how a hacker's typo stopped the biggest bank heist in the history, saved $1 billion of Bangladesh bank from getting stolen. But this time a typo in the Zerocoin source code costs the company more than $585,000 in losses. Zerocoin cryptocurrency protocol is designed to add true cryptographic anonymity to Zcoin transactions that take full advantage of "Zero-Knowledge proofs" to ensure the complete financial privacy of users. Zcoin announced Friday that " a typographical error on a single additional character " in the Zerocoin source code helped an attacker to steal 370,000 Zerocoin, which is over $585,000 at today's price. "We estimate the attacker has created about 370,000 Zcoins which has been almost completely sold except for about 20,000+ Zcoin and absorbed on...

It's been nearly three months since Edward Snowden started telling the world about the National Security Agency's mass surveillance of global communications. After the last week report that the National Security Agency has leveraged its cooperative relationships with specific industry partners to insert vulnerabilities into Internet security products. Bitcoin , a virtual currency, a peer-to-peer electronic cash system, which is generated on a logarithmic scale by dedicated miners who run software that generate the complex hash codes which make up a Bitcoin.  The integrity of Bitcoin depends on a hash function called SHA-256 , which was designed by the NSA and published by the National Institute for Standards and Technology (NIST). Is it hard to believe that could the intelligence community have a secret exploit for Bitcoin? While there is no evidence yet to support the speculation. " If you assume that the NSA did something to SHA-256, which no outs...

Most microsegmentation projects fail before they even get off the ground—too complex, too slow, too disruptive. But Andelyn Biosciences proved it doesn't have to be that way.  Microsegmentation: The Missing Piece in Zero Trust Security   Security teams today are under constant pressure to defend against increasingly sophisticated cyber threats. Perimeter-based defenses alone can no longer provide sufficient protection as attackers shift their focus to lateral movement within enterprise networks. With over 70% of successful breaches involving attackers moving laterally, organizations are rethinking how they secure internal traffic.  Microsegmentation has emerged as a key strategy in achieving Zero Trust security by restricting access to critical assets based on identity rather than network location. However, traditional microsegmentation approaches—often involving VLAN reconfigurations, agent deployments, or complex firewall rules—tend to be slow, operationally disrupt...