Indian Banks & Big Industry Targeted in Ransomware Racket Demanding Bitcoin – CCN: Financial Bitcoin & Cryptocurrency News

Three banks and a pharmaceutical company in India have been revealed as targets of a ransomware scheme that saw a ransom demand in bitcoin. In what is now the first known instance of an online extortionist demanding ransom in bitcoins from Indian ta…

Source: Indian Banks & Big Industry Targeted in Ransomware Racket Demanding Bitcoin – CCN: Financial Bitcoin & Cryptocurrency News

Why Cryptography scares the shit out of your government | Phosphorus Five

Cryptography for the masses scares the living shit out of a totalitarian government, such as the ones I described in my previous blog. The reasons are obvious, it prevents the regime from reading our thoughts. And the less access they have to our thoughts and communication, the more difficult it becomes for them to control us, enslave us, and have us do as they want us to do.

Source: Why Cryptography scares the shit out of your government | Phosphorus Five

How the 1st and 5th Amendment constitutionally guards your rights to use cryptography | Phosphorus Five

I spoke with a EU lawyer just now in fact, and he claimed all civilised constitutions, in both the EU and the USA, ensures your rights to privacy, and hence use cryptography. This made me think, and I realised he is in fact right. If you take the American constitution as an example for instance, then by combining the 1st Amendment, which is the Freedom of Speech amendment, with the 5th Amendment, which is the right to keep silent, then the combined results of these two Amendments, actually becomes, to quote the American Constitution; “Your God given right to use cryptography!”

Source: How the 1st and 5th Amendment constitutionally guards your rights to use cryptography | Phosphorus Five

The Father of Online Anonymity Has a Plan to End the Crypto War | WIRED

Cryptographer David Chaum’s ideas helped spark the decades-long war between encryption and government. Now he’s back with a new idea designed to end it.

It’s been more than 30 years since David Chaum launched the ideas that would serve as much of the groundwork for anonymity online. In doing so, he also helped spark the debate that’s endured ever since, over the anarchic freedoms that digital secrecy enables—the conflict between privacy advocates and governments known today as the “crypto wars.”

Now Chaum has returned with his first online privacy invention in more than a decade. And with it, he wants to bring those crypto wars to an end.

Source: The Father of Online Anonymity Has a Plan to End the Crypto War | WIRED