File-sharing websites are not exactly known for their sterling reputation, though a few such as famed torrent site the Pirate Bay have been around for long enough while generally avoiding shady behavior they’ve acquired a certain cachet with the internet community.
Bitcoin markets are nervously sitting in a holding pattern on Monday morning as multiple outlets have received confirmation that the Chinese government plans to shut down official exchanges. Investors have settled into a wait-and-see moment that could determine the cryptocurrency’s immediate future.
Over the weekend, China banned initial coin offerings (ICO) and briefly paused the seemingly unstoppable price increase of bitcoin. But the cryptocurrency has already bounced back. With the likes of Paris Hilton, Kim Dotcom, and John McAfee all jumping into the ICO world in one way or another, it seems worth asking…
“In battle, the commander is the first one to go over the top,” Joe McKinney, shirt unbuttoned, wearing a shower cap and one of those airplane neck pillows, exclaims over music swelling from every direction. He’s having a great time, romping around San Francisco as part of a “decentralized dance party”—a roving DJ set…
The initial coin offering party is over in China. A committee led by the People’s Bank of China, the nation’s central bank, has imposed an immediate ban on new cryptocurrency crowdfunding efforts and warned many ICOs are scams, TechCrunch reported .
You may or may not turn to Splinternews.com for investment advice, and frankly I could not care less. I offer you a pearl of wisdom and you may do with it what you wish: All these imaginary “digital currencies” are just made up fake things.
Earlier this year, authorities accused 18-year-old dual US-Israeli citizen Michael Kadar of being the individual behind a terrifying, nationwide wave of bomb threats at predominantly Jewish schools and community centers. This week, it emerged authorities also believe Kadar was advertising a “School Email Bomb Threat…
When the WannaCry ransomware attack hit back in May, it was really good at causing chaos but not so great at generating ransom money. Some analysts said that the attackers were amateurish in their methods. If the people behind the malware are as clumsy as they seem, they should be worried, because they recently…
Less than a week ago, headlines declared that a market-shaking fork in Bitcoin had been averted. But the people backing a new cryptocurrency called Bitcoin Cash have now announced that the expected compromise between warring factions is dead. Next week, the huge Bitcoin fork will begin, and here’s what it’s all about.
Unknown hackers made off with an estimated $32 million in hot cryptocurrency Ether, one of the most popular of the innumerable successors to Bitcoin, this week.
With the meteoric rise in popularity of Ethereum, cryptocurrencies and blockchains are back in the news again. Graphics card prices have soared with the promise that those who have the computers and know-how to do some serious mining can take home huge sums in a Bitcoin-like gold rush to snatch up as much virtual…
AlphaBay Market, a prominent dark web marketplace that facilitates the sale of drugs and other illegal items, went down last night and users are panicking, afraid the moderators have shut down the site for good and run off with the loot.
The WannaCry ransomware attack that spread around the globe yesterday caused chaos at hospitals, manufacturing shutdowns, headaches for Microsoft, and overtime for cybersecurity professionals. But the hackers responsible for this absurd attack have made relatively little in the way of profits.
Another day, another cryptocurrency clusterfuck. This week, the creator of the tipping bot “dogetipbot”—a service that let Reddit users “tip” each other in Dogecoin—announced that his company is broke, he’s broke, and the bot is broke because he spent all the coins, after he himself ran out of money.
Press Secretary Sean Spicer had a tough day today. If you listen to the feckless mainstream media, he ran from the White House press corps this afternoon in order to avoid questions about bizarre interviews Trump has been giving. But, if you listen to the #russiagate sleuths, he ran because the lid had been blown off…
Bitcoin, somehow, continues to persist despite mounting evidence that it’s not the best use of your money. The digital “cryptocurrency” hit a record high on Thursday, trading above $1,200 according to several exchanges.
As more and more things become connected to the internet, they all become more susceptible to hackers. So it should come as no surprise that even state-of-the-art hotel lock systems are now getting ransomed. Hackers recently penetrated the security system of a 4-star hotel in Austria, leaving the hotel unable to…
On Wednesday, a federal judge authorized a summons requiring Coinbase, America’s largest Bitcoin service, to provide the IRS with the records of every user who traded on the site between 2014 and 2015. Covering the identities and transaction histories of millions of costumers, the request is believed to be the largest…
An anonymous bidder purchased 2,700 bitcoins worth about $1.6 million in an anonymous auction held by US Marshals Service on Monday. The Feds confirmed the sale to CoinDesk, a site that reports on the digital currency, and said that four bids were received in the auction.
Hong Kong bitcoin exchange Bitfinex reported yesterday that hackers had stolen 119,756 bitcoin, which is worth as much as $72 million dollars (with some reports going even higher). News of the hack sent bitcoin tumbling 23 percent, with its current value hovering around $556. Bitfinex confirmed that no other digital…
