A number of websites including Yahoo, AOL, and 9Gag have been exposing users to ransomware according to the International Business Times. They offer that none of the sites needed to be compromised as the malware was simply offered as advertising and the advertising networks didn't care to check the payload would be inoffensive to their audience.
Monthly Archives: October 2014
AFP's Lulzsec Leader merely naughty, avoids prison
Matthew Flannery, who according to the Australian Federal Police was a leader in Lulz Security or LulzSec, has been sentenced by a local magistrate to 15 months of home detention. LulzSec notably included FBI Informant Hector Xavier Monsegur, also known as Sabu, among its founding members.
BitPay To Assist Paydici To Enable Bitcoin Based Recurring Billing
Paydici, an all-in-one billing service provider founded by Eli Alford-Jones, believes it will be able to bring recurring billing payments to the Bitcoin space through working with BitPay. Continue reading
KnCMiner To Cease Retail Sales, Sick Of Problematic Customers
Swedish company KnCMiner, which brought to market popular ASIC mining rigs such as the Jupiter in 2013, are to cease selling hardware to retail customers and instead focus on expanding their data centres in order to scale up their own mining operations. Continue reading
I'm Gavin Andresen And Welcome To Jackass
This is a copy of the AMA held by Gavin Andresen on the 21st October, 2014 and provided for your reading in a format that is easier to do so. Continue reading
Army Research Office Funds MIT Bitcoin Price Research
In a recent press release, the MIT News Office announced the publication of a paper by researchers attempting to predict Bitcoin price by Bayesian regression. The paper's subject matter and methods are of specialist interest, but a matter of more general interest appears in the paper's acknowledgements: Continue reading
MooPay Scam Leads to Possible Bitstamp Blacklists
A former MooPay employee, Eoghan Hayes, recently claimed the company's CEO, Alex Green, has stolen 3700 BTC of funds from its subsidiary MintPal and was keeping them in a personal wallet. The coins have since moved to new addresses. Continue reading
Intel Subsidiary Fined for Crypto Export
The Bureau of Industry and Security recently issued a $750,000 fine against Intel subsidiary Wind River Systems for the unlawful exportation of software products that enable encryption. This is a sharp departure from BIS’s historical practice and suggests the agency may take a tougher stance on such violations in the future. Among restricted foreign government end-users and organizations on the BIS Entity List, Wind River Systems shipped to China, Russia, Israel, Hong Kong, South Africa, and South Korea. Continue reading
Independent Reserve Becomes Australia's Latest Bitcoin Exchange
Independent Reserve today launched Australia's newest Bitcoin exchange, opening its doors to customers this morning. The Sydney based company, of which Adam Tepper is CEO, claims they will add a valuable source of liquidity to the growing Bitcoin market across the globe. Adam Tepper also stated that their last mover advantage has enabled the company to spend thousands of hours on R&D while learning from the mistakes made by other exchanges. This will enable IR to provide users with a platform that is "completely robust." Continue reading
Bitcoin tells Big Banks: "Thanks for lunch!"
From October 10-11, 2014, at the Institute of International Finance Annual Membership Meeting in Washington DC, CEOs from the world's largest banks gathered together to hold hands and sing kumbaya in the hope that Bitcoin would be gentle.1 Continue reading
Of course, Bitcoin will be nothing of the sort – Bitcoin will be quite the opposite of all that is fair, nice, and fiat. That's kinda the fucking point, y'know? ↩