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posted by martyb on Wednesday September 11 2019, @05:54AM   Printer-friendly
from the renaming-it-to-be-NSHA:-the-Not-Secure-Hashing-Algorithm dept.

Arthur T Knackerbracket has found the following story:

The Wall Street fintech Treadwell Stanton DuPont broke silence today as it announced its Research & Development and Science Teams successfully broke the SHA-256[*] hashing algorithm silently in controlled laboratory conditions over a year ago. The announcement aims to secure financial and technological platform superiority to its clients and investors worldwide.

[...] While the best public cryptanalysis has tried to break the hashing function since its inception in 2001, work on searching, developing and testing practical collision and pre-image vulnerabilities on the SHA-256 hashing algorithm began back in 2016 in Treadwell Stanton DuPont's R&D facilities, culminating 2 years later with the successful discovery of a structural weakness and the initial development of the first practical solution space of real world value by its researchers.

"While we have successfully broken all 64 rounds of pre-image resistance," said Seiijiro Takamoto, Treadwell Stanton DuPont's director of newly formed Hardware Engineering Division, "it is not our intention to bring down Bitcoin, break SSL/TLS security or crack any financial sector security whatsoever."

[*] See the SHA-2 page on Wikipedia for background on SHA-224, SHA-256, SHA-384, SHA-512, SHA-512/224, and SHA-512/256.


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  • (Score: 4, Interesting) by FatPhil on Wednesday September 11 2019, @08:37AM

    by FatPhil (863) <{pc-soylent} {at} {asdf.fi}> on Wednesday September 11 2019, @08:37AM (#892594) Homepage
    The "independent third party" I would trust would be a respected peer-reviewed cryptography journal.
    Which is noticeably absent in both your comment and TFPR (yes, it is a press release).

    So I'm with the "pump & dump" school here.
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