a couple of laughzillas on a blue diamond background

Silk Road site admin extradited to US hit with 78-month prison sentence

Jul26
by on July 26, 2019 at 2:35 pm
Posted In: Around the Web, cryptocurrency, Hard Fork


Irish man Gary Davis, also known as “Libertas,” has been sentenced to 78 months in prison for helping to run the now defunct Silk Road website on the dark web. The Irish national, who was extradited to the US in July last year, was arrested in January 2014. Anyone who’s been following Bitcoin and the dark web for some time will know that Silk Road operated at unprecedented levels. During its heyday, from 2011 until 2013, the site was used by thousands of drug deals to distribute more than $200 million worth of illegal drugs and other illicit goods and services to…

This story continues at The Next Web

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

Silk Road site admin extradited to US hit with 78-month prison sentence

Jul26
by on July 26, 2019 at 2:35 pm
Posted In: Around the Web, cryptocurrency, Hard Fork


Irish man Gary Davis, also known as “Libertas,” has been sentenced to 78 months in prison for helping to run the now defunct Silk Road website on the dark web. The Irish national, who was extradited to the US in July last year, was arrested in January 2014. Anyone who’s been following Bitcoin and the dark web for some time will know that Silk Road operated at unprecedented levels. During its heyday, from 2011 until 2013, the site was used by thousands of drug deals to distribute more than $200 million worth of illegal drugs and other illicit goods and services to…

This story continues at The Next Web

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

Accept my first-born in penance, Asus — I was wrong about gaming phones

Jul26
by on July 26, 2019 at 1:56 pm
Posted In: Around the Web, Plugged


I’ve written about gaming phones before. Whether it was the unveiling of the Razer Phone 2, the Asus ROG Phone, or my review of the latter, there was something that always popped up: these are going to be niche devices. In other words, they’re never gonna be popular. So, considering two-million units of Asus‘ ROG Phone II was just pre-ordered in China (according to Android Police), I probably should eat my hat. Well, at least part of it. If I had a hat. First off, the Asus ROG Phone 2? As the name suggests, this is the second iteration of the, uh,…

This story continues at The Next Web

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

Bagel-loving 84-year-old lady foils sextortionists’ $1,400 Bitcoin con

Jul26
by on July 26, 2019 at 12:52 pm
Posted In: Around the Web, cryptocurrency, Hard Fork


An 84-year-old woman in the US has been targeted by Bitcoin sextortionists after she signed up to Panera, a well-known restaurant brand in the US, to get a free bagel for her birthday. Arlene Kaganove told NBC 5 she had applied for a “MyPanera” reward card to get a free everything bagel on her next birthday. “I am always signing up for whatever comes free on my birthday,” she said. “Never anticipated it would lead to extortion letters.” After she signed up for the program, unsuspecting Kagonove began getting several threatening emails. “They say they have been watching me watch porn,” Kaganove…

This story continues at The Next Web

Or just read more coverage about: Bitcoin

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

Security firm releases flawed blockchain into the wild to help educate hackers

Jul26
by on July 26, 2019 at 12:38 pm
Posted In: Around the Web, blockchain, Hard Fork


Despite their supposed security, there are still many exploitable vulnerabilities that can compromise a blockchain. But one security firm thinks it can fix that, and it believes the key to developing more secure blockchains is to start with a really insecure one. Cybersecurity firm, Kudelski Security, has announced that it will be demonstrating its deliberately insecure blockchain at the Black Hat USA infosec convention in Las Vegas next month. The company claims it’s the industry’s first intentionally vulnerable blockchain. Kudelski Security‘s blockchain, called FumbleChain, is designed to be deliberately vulnerable so that budding hackers can ply their trade and try…

This story continues at The Next Web

└ Tags: