People are the worst. An unknown number of assholes are threatening to expose Ashley Madison users, presumably ruining their marriages. The hacking victims must pay the extortionists “exactly 1.0000001 Bitcoins” or the spouse gets notified. Ugh.
Using a malicious botnet called Pony, cyber criminals have stolen an estimated $330,000 worth of BitCoins, LiteCoins, FeatherCoins, and other digital currencies. It's considered the most ambitious cyber attack on virtual money so far.
At this point, you probably have a working understanding of what bitcoins are (at the very least your handle of bitcoins is like how you can kinda, sorta explain why the sky is blue to a kid). But how does an actual transaction with bitcoins work? That's a bit more complicated. It's not exactly pulling crumpled cash…
So much news passes before our collective eyes every day that we couldn't possibly cover it all. Mostly because much of it isn't worth covering! But here are a some borderline tidbits we passed on, just in case.
While you still can't pay for a Lady of the Night using Bit Coins after you're done bumping uglies, you may soon be able to pay her by simply by bumping phones.