Virtual money: User’s identity can be revealed much easier than thought

Bitcoin is the new money: minted and exchanged on the Internet. Faster and cheaper than a bank, the service is attracting attention from all over the world. But a big question remains: are the transactions really anonymous? Researchers at the University of Luxembourg have now demonstrated how the IP address behind each transaction can be revealed with only a few computers and about 1500.

from Google News, Yahoo! News, Wikinews, NY Times National News by search term http://ift.tt/11UaDJi
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