Use of CloudFare Puts Bitcoin Users at Grave Risk of Exposure

Most bitcoin service providers currently use one single company for all their CDN and DNS services: CloudFlare Inc. Based in California, CloudFlare has access to all HTTPS traffic from multiple bitcoin services. Worse, CloudFlare also receives unencrypted traffic from these sites. This can provide internet black hats with the chance to attack all these bitcoin sites from one location. What’s the problem? The use of one centralized network security company is simply irresistible to hackers and even government agencies looking to snoop around. If CloudFlare was hacked, bitcoin users would risk losing their hard-earned funds, losing access to their accounts […]

The post Use of CloudFare Puts Bitcoin Users at Grave Risk of Exposure appeared first on CCN: Financial Bitcoin & Cryptocurrency News.