Even as Bitcoin Languishes, Telegram Raises $1.7 Billion Ahead of Largest ICO Ever The five-year-old company, which has attracted users by touting its encrypted-messaging service, raised $850 million from 94 accredited investors in a Securities and Exchange Commission filing late Thursday. That doubles a previous raise first disclosed in mid-February, adding up to a total of $1.7 billion raised by the firm incorporated in the British Virgin Islands.… Read More
Intel Files Patent For Energy-Efficient Bitcoin Mining Hardware As some solution providers explore the market for cryptocurrency mining rigs, Intel is looking into making a Bitcoin mining hardware accelerator that could reduce energy use and make the process more profitable. Source: crn… Read More
Mailchimp Is Shutting Down ICO and Blockchain-Related Emails Consider this a shot across the bow of the entire ICO and blockchain-related sector: email marketing service Mailchimp recently enacted a policy shutting off Blockchain and ICO related accounts. Now, the first victims of this policy are getting the news, and responding in kind by attempting to read the riot act toa Twitter account whose… Read More
Under Armour announces significant data breach of its MyFitnessPal app The nutrition and exercise tracking app, MyFitnessPal, has suffered a data breach, exposing 150 million users. Owned by Under Armour, the app alerted users of the breach on March 29th, but the company first learned of the breach a month ago. According to the company, the data exposed by the breach includes usernames, email addresses,… Read More
The FBI Used Classified Hacking Tools in Ordinary Criminal Investigations The FBI’s Remote Operations Unit has hacking tools typically reserved for protecting national security. But an overlooked section of a new report says ROU has used these secret techniques in criminal cases. Source: vice… Read More
These Ethereum Mining Rig Trading Cards Are the Nerdiest Thing We’ve Ever Seen In what may be the most meta and nerdy application of the blockchain yet, artist Max Dovey has created a set of ‘Magic: The Gathering’ style trading cards featuring Ethereum mining rigs that can be traded on the Ethereum blockchain. Source: vice… Read More
Grindr security flaw exposes users’ location data Grindr, a gay-dating app, suffers from a security issue that can expose the information of its more than 3 million daily users, including the location data of people who have opted out of sharing such information, according to cybersecurity experts. Source: nbcnews… Read More
What Is a Bitcoin ‘Death Cross’ and Why Is Everyone Talking About It? You may have heard of the death cross, because news outlets have grabbed onto it likely because it sounds awesome and people click on awesome things. The reality is less exciting: A death cross is when an asset’s short-term movement average crosses below its long-term average, indicating way more downward action in the market than… Read More
In-depth Formbook malware analysis The malware stores encrypted buffers, “hidden” directly within the text section. The address of each encrypted buffer is retrieved thanks to a trick commonly used by malware. Since a call instruction pushes on the stack the address of the instruction to execute when returning from the callee, a call instruction (0xE8) with an operand of… Read More
Wall Street rethinks blockchain projects as euphoria meets reality Wall Street has been much more excited about the system underpinning bitcoin than the cryptocurrency itself, but the global financial industry has not yet been able to do much with the technology known as blockchain. Source: reuters… Read More