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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: 0) by Anonymous Coward on Wednesday September 11 2019, @07:31AM (4 children)

    by Anonymous Coward on Wednesday September 11 2019, @07:31AM (#892582)
    Real estate is highly liquid in real money. Bitcoin - not so much.
  • (Score: 2, Touché) by Anonymous Coward on Wednesday September 11 2019, @11:02AM (3 children)

    by Anonymous Coward on Wednesday September 11 2019, @11:02AM (#892610)

    I'll bet I can sell a bitcoin faster than you can sell a house.

    • (Score: 4, Funny) by Acabatag on Wednesday September 11 2019, @12:31PM (2 children)

      by Acabatag (2885) on Wednesday September 11 2019, @12:31PM (#892642)

      I bet I can sell a deck of Magic the Gathering cards faster than you can sell a house.

      Beanie babies, maybe not. They've reached past due date.

      • (Score: 1, Funny) by Anonymous Coward on Wednesday September 11 2019, @05:49PM (1 child)

        by Anonymous Coward on Wednesday September 11 2019, @05:49PM (#892826)

        (turns to Beanie Baby collection) "Don't you listen to teh bad Acabatag, I still love you all my little schnookemsus. There, there, now come and give me a huggles!"

        • (Score: 0) by Anonymous Coward on Thursday September 12 2019, @06:50AM

          by Anonymous Coward on Thursday September 12 2019, @06:50AM (#893072)

          That degenerated rather quickly, and in a way almost no one could have predicted.