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‘Drug-dealing’ football coach sues Bitcoin fund manager over $14M loss

Mar19
by on March 19, 2019 at 10:52 am
Posted In: Around the Web, blockchain, cryptocurrency, Hard Fork


In Australia, a suite of high-profile cryptocurrency investors (including accused drug trafficker and former football coach Mark “Bomber” Thompson) are preparing to take their Bitcoin fund manager to court over $14.2 million (AU$20 million) in losses. Stefanos Papanastasiou (39), founder of what claims to be Australia‘s first online bed retailer, is under fire by a number of disgruntled investors who had been convinced of his power to reduce volatility in the cryptocurrency markets, reports The Age. Under the name Stefan Papas, he reportedly told clients he had spent $355,000 (AU$500,000) to develop a special computer algorithm capable of providing massive…

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Hacker selling 26M stolen user records in exchange for $5,000 worth of Bitcoin

Mar19
by on March 19, 2019 at 10:33 am
Posted In: Around the Web, cryptocurrency, Hard Fork


A hacker by the name of Gnosticplayers is trying to sell more than 26 million user records on the dark web in exchange for $5,000 worth of Bitcoin (1.2431 BTC). This is the fourth data dump posted on Dream Market – an online darknet marketplace founded in late 2013 – by the hacker, who previously put up more than 840 million user records since mid-February. The new data dump includes files from six new companies including Indonesian e-commerce unicorn Bukalapak, which as of last year had more than 50 million users and processed half a million transactions per day. Other affected businesses include GameSalad, a game development…

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This physicist has written over 500 biographies of female scientists on Wikipedia

Mar19
by on March 19, 2019 at 9:45 am
Posted In: Around the Web


It’s not surprising how grossly underrepresented women are in the fields of science, technology, engineering, and maths (STEM). Hell, in the UK, half of state schools submitted no girls to study A-Level physics. Although the stats are disheartening, it doesn’t reflect women’s ability, instead it shines an unforgiving light on the realities of the society we live in. Just 17 percent of the English-language biographies on Wikipedia are about women, and female scientists in particular  are badly represented. But physicist Jessica Wade is hoping to change this. An advocate for diversity in science, Wade balances her work as an award-winning…

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Visa is looking for someone to spearhead permissionless blockchain

Mar19
by on March 19, 2019 at 9:26 am
Posted In: Around the Web, blockchain, cryptocurrency, Hard Fork


Global payment services provider and Fortune 500 company, Visa, is showing signs that cryptocurrency and blockchain will be part of the company‘s future. According to a job posting on recruitment platform SmartRecruiters, Visa is looking for an individual passionate about payments and cryptocurrency, and is already well-connected in the cryptocurrency and fintech industry. “Are you passionate about the intersection of payments and cryptocurrency? Are you deeply familiar with permissionless blockchain technology and have a close network of experts in the fast moving cryptocurrency and fintech ecosystem?” the job listing reads. “Are you excited about the challenge of developing new products…

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Fighting crypto fraud will soon become easier, here’s why

Mar19
by on March 19, 2019 at 9:17 am
Posted In: Around the Web, Problem Solvers


Anyone who’s spent any time in cryptocurrency communities knows fraud is a widespread issue. We’ve seen ‘pump and dump’ tactics, Ponzi schemes, Twitter cryptocurrency scambots impersonating tech moguls like Elon Musk, and multi-million dollar exit-scams. All of these put investors at risk. The Texas State Securities board investigated 32 cryptocurrency investment promoters investigated in four weeks, with at least five failed to tell would-be investors about the risks while guaranteeing returns of up to 40 percent a month. Furthermore, nearly two-thirds failed to provide a physical address. This should be enough to set off alarm bells as lack of information…

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