Benjamin Lawsky

2 Stories

Bug Is Swiping Android Users' Bitcoins

As New York probes virtual-currency firms' practices

(Newser) - Bitcoin users with Android gadgets, beware: A bug is targeting wallets like yours. The problem hinges on Android's random number generator, which, according to Bitcoin, "contains critical weaknesses that render all Android wallets generated to date vulnerable to theft." Bitcoin Wallet, blockchain.info, BitcoinSpinner, and Mycelium are... More »

Feds Fume Over NY Attack on British Bank

Treasury Department, Fed pretty peeved over the move

(Newser) - Standard Chartered wasn't the only one caught off-guard by Monday's accusations from the New York Department of Financial Services that the bank had gone "rogue" and helped Iran hide $250 million in transactions. The Treasury Department and Federal Reserve were just as stunned by the charges, along... More »

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