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Analysts track cryptocurrency scammer who stole from 10K Dogecoin fans

Oct19
by on October 19, 2018 at 2:14 pm
Posted In: Around the Web, cryptocurrency, Hard Fork


An online scammer is targeting the popular cryptocurrency, Dogecoin. To date, more than 10,000 individuals have been hit by the operation, with overall losses amounting to some $24,000. Russia-based cybersecurity firm Doctor Web fingered the perp in a recent blog, spotted by BleepingComputer. Analysts have been tracking the suspicious activity of a particular cryptocurrency criminal, who has been using a wide array of malware and other methods to gain illegal income. Security researchers bestowed our scumbag friend a few nicknames: Investimer, Hyipblock, and Mmpower. I really like Mmpower, so let’s go with that one. Trojan horses in all the fake Dogecoin…

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US authorities to auction off nearly $4M in confiscated Bitcoin

Oct19
by on October 19, 2018 at 1:51 pm
Posted In: Around the Web, cryptocurrency, Hard Fork


The American government is again showing that it has no interest in hodling, and is auctioning off over 600 BTC. The US Marshals Service (USMS) announced yesterday the auction will be taking place between 8am and 2pm EST on November 5th. Oh, the irony. Nope? Just me then. The Bitcoin being auctioned has been confiscated and seized from a number of federal, civil, and administrative cases. Before you start rummaging through your savings to make a bid, there are a few hurdles to jump over first. Interested bidders must register with the USMS by e-mail by midday on October 31st,…

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Even bankruptcy can’t keep Vertu from selling $4,000 phones

Oct19
by on October 19, 2018 at 12:51 pm
Posted In: Around the Web, Plugged


UK-based brand Vertu made a name for itself handcrafting luxury phones that included premium materials, precious stones, and a global concierge service. It went under a year ago, because (shocker) not enough people were buying its $20,000 devices. But if that sounds like your idea of a daily driver, you’re in luck: Vertu’s back with a handset starting at just $4,200. The company is now hawking the Aster P, a 4.9-inch Android phone with 133-carat sapphire crystal glass, a titanium body, and a leather rear panel – you can choose from lizard or crocodile hide. It’s certainly eye-catching, with its…

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a couple of laughzillas on a blue diamond background

Even bankruptcy can’t keep Vertu from selling $4,000 phones

Oct19
by on October 19, 2018 at 12:51 pm
Posted In: Around the Web, Plugged


UK-based brand Vertu made a name for itself handcrafting luxury phones that included premium materials, precious stones, and a global concierge service. It went under a year ago, because (shocker) not enough people were buying its $20,000 devices. But if that sounds like your idea of a daily driver, you’re in luck: Vertu’s back with a handset starting at just $4,200. The company is now hawking the Aster P, a 4.9-inch Android phone with 133-carat sapphire crystal glass, a titanium body, and a leather rear panel – you can choose from lizard or crocodile hide. It’s certainly eye-catching, with its…

This story continues at The Next Web

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Legendary cypherpunk declares cryptocurrency is failing its creators

Oct19
by on October 19, 2018 at 11:14 am
Posted In: Around the Web, blockchain, cryptocurrency, Hard Fork


As cryptocurrency falls further into the hands of the mainstream, it falls further away from its creators, the cypherpunks. Earlier today, CoinDesk published an in-depth interview with Timothy May, one of the founding members of the cypherpunk movement. In the interview, May highlights how the ideology that spurred the creation of Bitcoin is slowly being eroded. After asking May a few questions, CoinDesk received “a sprawling 30-page evisceration of a technology industry [May] feels is untethered from reality.” Blockchain is an ideology before a technology In an article dating back to 1985, David Chaum, the creator of DigiCash, outlined the…

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