EU police seize $5.2M cryptocurrency in largest dark web drug bust in history

he European Union authorities conducted a drug raid against dark web sellers seizing $5.2 million worth of cryptocurrencies, Fortune reports. The authorities seized 800,000 LSD blotters, €3.3 million ($3.85 million) in fiat and real estate property, and 10 luxury vehicles in addition to the cryptocurrencies. The dealers purportedly sold drugs in over 100 countries. Authorities suspect …

Comcast secure second Xfinity security bug issue that leaked data

A seldom known page on Comcast’s Xfinity website was exposing customers’ account information to anyone — or any app — on a customer’s network. An anonymous security researcher dropped ZDNet an email, explaining that an API used by the internet giant could be tricked into returning customer data, including account numbers, a customer’s home address …

SCAM or NOT? Study claims Bitcoin’s meteoric price spike was caused by massive ‘market manipulation’

In a new paper, titled ‘Is Bitcoin Really Un-Tethered?’, University of Texas finance professor John Griffin, and graduate student Amin Shams, look at how Bitcoin’s price may have been artificially inflated last year. Bitcoins incredible rise in value in the last 12 months has been down to massive market manipulation, a new study has revealed. During …

Apple bans cryptocurrency mining on iPhone

Phone maker Apple has updated its developer guidelines to explicitly ban “mining” cryptocurrencies like bitcoin. The new rules restrict apps that drain battery, generate excessive heat, or put unnecessary strain on device resources — all of which take place in bitcoin mining. “Apps, including any third party advertisements displayed within them, may not run unrelated …

Kaspersky warns third of the public Wi-Fi networks in the 2018 FIFA World Cup are un-encrypted, potentially unsafe

Security firm Kaspersky Lab says that every fifth public Wi-Fi network in host cities is a risk to use. From the research, 7,176 of the approximately 32,000 public Wi-Fi networks in cities hosting the 2018 World Football Championship do not encrypt traffic thus could have safety problems, so football fans will have to take care …

Microsoft could be acquiring GitHub and this is scary news to the coding industry

Microsoft has reportedly acquired GitHub, and could announce the deal as early as Monday. GitHub is a large code repository that has become popular with developers and companies hosting their projects, documentation, and code. Apple, Amazon, Google, and many other big tech companies use GitHub. Bloomberg reports that the software giant has agreed to acquire …