Couple loses tens of thousands in Bitcoin investment scam, cryptocurrency losses grow

Nick Yeomans and his wife Josie thought they had hit the jackpot when a Bitcoin investment they made tripled in six months. To the amateur investors, the cryptocurrency trader they had found, Coinexx.org, seemed too good to be true. Slowly, they poured more money into their account, and were met with greater returns. They convinced …

Mogadishu gets its first motorcycle hailing app

You can now hail a motorcycle service in the Somali capital, Mogadishu. The Go! app launched in the Indian Ocean city today (May 1) promising affordable and convenient options in the city’s bustling transport sector. The e-hailing service is starting out with 20 motorcycles, allowing customers to order their rides online or hail them on …

Google slapped with massive $1.7 billion fine by EU Antitrust Agency for Restricting Rivals’ Ads

Alphabet Inc.’s Google has been penalized yet again by European antitrust regulators, this time with a €1.49 billion ($1.7 billion) fine for limiting how some websites could display ads sold by its rivals. This marks the third billion-dollar penalty European regulators have imposed on the tech giant for hindering competition. The EU says that Google …

WinPot Malware could force infected ATMs to automatically dispense cash

Kaspersky Labs cybersecurity researchers have found an oddly amusing sample of ATM malware which turns financial theft into a slot machine-style game. On Tuesdaythe team explored the emergence of WinPot, an ATM hijacking malware family which first appeared in underground forums in March 2018. While simple in its core functionality, WinPot — named internally by …

Australia’s TPG Telecom dumps Huawei powered network due to ban

Australia’s TPG Telecom Ltd said on Tuesday it has abandoned building its mobile telephone network because it relied on Huawei Technologies Co Ltd equipment that has been banned by Australia’s government on security grounds. The nascent network is the first commercial casualty in Australia of the ban announced in August and comes as Western nations …

$1 million may have been stolen from the Ethereum Classic blockchain in a “51%” hack attack

An attack on the Ethereum Classic blockchain may have helped hackers steal around $1.1 million worth of the currency from other users, according to popular cryptocurrency exchange Coinbase. Ethereum what? Ethereum Classic is the original Ethereum blockchain. In 2016, to counter another, different kind of attack, Ethereum’s developers created a new version of the transaction history that returned …

Just like the US, Huawei and ZTE 5G banned from Japanese govt computers

Japan’s government has issued instructions Monday effectively banning China’s Huawei and ZTE from official contracts, while the country’s top three telecom operators plan to follow suit, Japanese media reported Monday.  As if 5G equipment bans from the United States, Australia, and New Zealand weren’t enough this year, Huawei will end 2018 on an even worse …