World's first insured bitcoin vault opens in UK

1. The new bitcoin storage service offering insurance in UK, named Elliptic Vault, uses "deep cold storage" techniques to secure the digital currency.
2. bitcoin keys are encrypted and stored offline. There are multiple copies, protected by layers of cryptographic and physical security.
3. The copies are accessible only via a quorum of Elliptic's directors.

Now Bitcoin Malwares Target Personal Computers

New Delhi: Bitcoin craze is turning into a fertile ground for cyber fraudsters as thousands of computers, including in India, are being infected with malwares related to the virtual currency. The findings of a survey, that has pegged the count of computers infected with bitcoin related malware at least 12,000, comes at a time when regulators worldwide have flagged money laundering concerns about this popular virtual currency.


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