a couple of laughzillas on a blue diamond background

Swede facing extradition to US over $11M Bitcoin investment scam

Jun20
by on June 20, 2019 at 8:49 am
Posted In: Around the Web, cryptocurrency, Hard Fork


A Swedish citizen has been charged with securities, wire fraud, and money laundering in a scheme that saw him encourage victims to invest using cryptocurrencies such as Bitcoin In a complaint submitted on March 4, 2019, and unsealed yesterday, Roger Nils-Jonas Karlsson and his company, Eastern Metal Securities (EMS), were charged with engaging in a scheme that defrauded more than 3,500 victims of over $11 million. According to the complaint, Karlsson allegedly used websites to communicate false representations to victims since September 2006. Karlsson reportedly used the website to invite potential investors to buy shares of the plan for $98 per…

This story continues at The Next Web

Or just read more coverage about: Bitcoin

└ Tags: 
a couple of laughzillas on a blue diamond background

Report: QuadrigaCX CEO used fake trades to misappropriate users’ cryptocurrency

Jun20
by on June 20, 2019 at 8:32 am
Posted In: Around the Web, blockchain, cryptocurrency, Hard Fork


The Canadian cryptocurrency exchange QuadrigaCX appears to have been playing with fire long before it collapsed – and took $134 million with it – earlier this year. According to the latest report from administrators, EY, QuadrigaCX had been operating a fraudulent cryptocurrency exchange. It failed to follow basic business processes, maintain financial accounts, and manage user and company funds appropriately. Adding insult to injury, EY identified that Cotten exploited his position as CEO and used alias accounts, on his own platform, to make fake deposits and trades. This resulted in “inflated revenue figures, artificial trades with [real] users,” and let…

This story continues at The Next Web

└ Tags: 
a couple of laughzillas on a blue diamond background

Studying naked mole-rats could be the key to breakthroughs in treating pain and cancer

Jun20
by on June 20, 2019 at 7:42 am
Posted In: Around the Web, syndication, world


The naked mole-rat is perhaps one of the most bizarre beasts on the planet. At first glance, it looks like little more than a cocktail sausage with legs and teeth. But beneath its wrinkly pink skin, this creature’s strange and beautiful biology has me fascinated – so much so that I set up a whole research group devoted to studying them. Largely immune to cancer, impervious to some forms of pain, and seemingly blessed with the elixir of life, you may well owe your life to them one day. As the name might suggest, naked mole-rats buck the mammalian trend…

This story continues at The Next Web

└ Tags: ,
a couple of laughzillas on a blue diamond background

Google open-sources cryptographic tool to keep data sets private

Jun20
by on June 20, 2019 at 7:25 am
Posted In: Around the Web


Poorly secured databases are a top privacy and security concern — and Google now wants to plug that leak. The internet giant has said it’s open sourcing Private Join and Compute, a new secure multi-party computation (MPC) tool designed to help organizations work together with confidential data sets. The tool is conceived with privacy in mind, and thus allows organizations to trade data sets and glean aggregate insights about other parties’ confidential data without actually disclosing anything about individuals represented in the data set. The data stays encrypted, and only the results of calculations based on the data will be revealed.…

This story continues at The Next Web

Or just read more coverage about: Google

└ Tags: , ,