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Corrupt Russian agents arrested over $1M Bitcoin extortion scheme

Apr23
by on April 23, 2019 at 12:14 pm
Posted In: Around the Web, blockchain, cryptocurrency, Hard Fork


Law enforcers from around the globe seem to finally be getting up to speed with tackling cryptocurrency crimes. But it seems the lure of Bitcoin is still too much for some, even for those that should be protecting citizens from cyber-criminals. An operation to rid the Russian Federal Security Service (FSB) of corrupt officials has reached a crescendo. Two FSB agents involved in a Bitcoin extortion scam were arrested last week, a local news outlet reports. Two law enforcement agents, Sergei Belousov and Aleksey Kolbov, are being charged with fraud totaling 65 million rubles ($1 million), according to another report.…

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Volkswagen bets on blockchain to electrify its battery supply tracking

Apr23
by on April 23, 2019 at 11:00 am
Posted In: Around the Web, blockchain, Hard Fork


German car manufacturer Volkswagen is launching a blockchain pilot to track its battery supply chain for lead from the point of origin to the factory. To do so, Volkswagen is partnering with Minespider, an open source, public blockchain protocol that claims to offer end-to-end mineral supply chain certification. The project will involve suppliers and sub-suppliers that deliver more than two thirds of the Volkswagen total lead starter battery requirements. During the trial, both parties will work to leverage blockchain’s widely lauded transparency to get a better idea on how components are made, where they come from, how they are managed, and…

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CHEAP: $128 off a Philips Hue starter kit to get Star Trek-style smart lights

Apr23
by on April 23, 2019 at 10:15 am
Posted In: Around the Web, Plugged


Welcome to CHEAP, our series about things that are good, but most of all, cheap. CHEAP! Remember how on Star Trek someone could walk into a room and change the lights with their voice? There was no stumbling about in the darkness, and no stubbing your toes while searching for a switch. It felt like humanity’s destiny. Well today, you too could be living in the future. Why? Because you can get a whopping $128 off a Philips Hue starter kit, making it only $169.99. You get a lot for your cash. Not only will you receive four Philips Hue smart bulbs and a…

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