Bitcoin News — Telegram

Laughing at the Misfortune of Other Traders is Crypto’s Fastest Growing Sport

Posted by Kai Sedgwick on

Laughing at the Misfortune of Other Traders is Crypto’s Fastest Growing SportThe world can be a mean place, and never is this more evident than on Crypto Twitter (CT) and Telegram. In addition to enduring the anguish of seeing their portfolio shed 95%, investors are having their downfall shared with the rest of the cryptoverse for others’ entertainment. The practice, while occasionally cruel, does have its […]

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Bettergram Aims to Become the Crypto Version of Telegram

Posted by Kai Sedgwick on

Bettergram Aims to Become the Crypto Version of TelegramThe Mac build of Bettergram, a desktop version of Telegram, was launched this week. It joins the PC build of the third-party desktop client, and will soon be accompanied by mobile editions. Designed specifically for the crypto community, Bettergram boasts several modifications to Telegram including a built-in cryptocurrency price checker. Also read: Six Alternatives to […]

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Experts Question the Security of Telegram’s New Passport Service

Posted by Kai Sedgwick on

Experts Question the Security of Telegram’s New Passport ServiceSecurity experts have called the integrity of Telegram Passport into question. The identity scheme, which launched last week, provides a KYC service for ICO applicants, with personal documents protected by end-to-end encryption. Telegram’s decision to roll its own cryptography, however, has seen the communications giant come in for criticism. Also read: Bitcoiners Hope to Have a […]

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Research: Telegram Passport Is Vulnerable to Brute Force Attacks

Posted by Ana Alexandre on

Recent research by Virgil Security, Inc. claims that the new Telegram Passport service is vulnerable to brute force attacks.

The recently released personal identification authorization tool Telegram Passport from messenger app Telegram is vulnerable to brute force attacks, according to an Aug. 1 report by cryptographic software and services developer Virgil Security, Inc.

On July 26, Telegram announced the launch of Telegram Passport designed to encrypt users’ personal ID information and let them share their ID data with third parties such as initial coin offerings ICOs, crypto wallets, and anyone complying with know your customer (KYC) regulations.

Users’ data is kept on the Telegram cloud using end-to-end encryption, subsequently moved to a decentralized cloud, which cannot decrypt personal data as it is seen as “random noise.” However, in their recent research Virgil Security raised concerns about password protection in the service.

According to Virgil Security, Telegram uses SHA-512, a hashing algorithm that is not meant to hash passwords. This algorithm reportedly leaves passwords vulnerable to brute force attacks, even if it’s salted. In cryptography, a salt is random data added as an extra secret value to the end of the input, which extends the length of the original password, providing some additional protection.

When a user encrypts personal data, it is reportedly uploaded to the Telegram cloud, and when a user needs to confirm authenticity on a third party service, they decrypt that data and re-encrypt it for that service’s credentials. All these factors reportedly contribute to potential exposure of a user’s password hash table to very efficient hacker attacks. The firm further explains:

“The security of the data you upload to Telegram’s Cloud overwhelmingly relies on the strength of your password since brute force attacks are easy with the hashing algorithm chosen. And the absence of digital signature allows your data to be modified without you or the recipient being able to tell."

In March, founders of Telegram, Pavel and Nikolai Durov reported they had raised $850 million in the second round of their ICO aimed at the development of the Telegram messenger app and its own blockchain platform Telegraph Open Network (TON). Later in May, Telegram’s plan to launch an ICO was canceled due to the fact that the messaging app had attracted enough funds during their two private ICO rounds.

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Telegram Tech Promised In ICO Vulnerable to Attack, Researchers Say

Posted by Brady Dale on

Telegram has put out its first app since its ICO, but that identity play has security researchers reeling.

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