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David Shares
Latest news
N.Y.-to-D.C. Hyperloop? Elon Musk claims verbal approval, but more work needed
Elon Musk’s vision calls for building networks of underground tunnels to get around surface street congestion. (Boring Company Illustration) Out of the blue, tech billionaire Elon Musk reported today that he’s received verbal approval from the government to build an underground Hyperloop transit system between New York and Washington, D.C., with stops in Philadelphia and[…]
Alleged Dark Web Kingpin Doxed Himself With His Personal Hotmail Address
On Thursday, US authorities announced the seizure of the largest dark web marketplace AlphaBay. Europol and Dutch police also claimed seizure of Hansa, another popular market. In their dark web investigations, law enforcement have increasingly turned to hacking tools, including the deployment of browser exploits on a mass scale. But tracking down the alleged AlphaBay[…]
Thinner Moto Z2 Force loses over 20% battery capacity; U.S. version has worst specs
EXCLUSIVE: On July 25, Lenovo subsidiary Motorola is holding its next major product launch, where the star of the show will be the second member of the Moto Z2 family, the Moto Z2 Force (Moto Z2 Play was introduced in June). But while this 5.5-inch handset maintains the shatterproof 1440p Shattershield Super AMOLED POLED display[…]
Ethereum’s Parity Client Users Lose Millions in a Multi-Sig Hack
On July 19 the ethereum community was warned that the Parity client version 1.5 and above contained a critical vulnerability in the multi-signature wallet feature. Further, a group of multi-signature “black hat exploiters” has managed to drain 150,000 ether from multi-sig wallets and ICO projects. Also Read: Ethereum Millionaires Might Be Attracting Attention From Regulators A[…]
U.S. Congressman Says ‘Digital Currencies Are Not Compliant’
On July 8 the Financial Services Committee for the U.S. House of Representatives held a hearing concerning digital currencies. The meeting discussed the implications of virtual currencies in regards to financial innovation and national security. During the event, the Republican Texas Congressman Roger Williams asked for increased digital currency regulation to fend off terrorist funding[…]
The UK Granted Spy Tech Export to Turkey Amid Massive Crackdown
The UK is a prolific exporter of surveillance technology, ranging from IMSI-catchers that can monitor mobile phones to internet mass surveillance equipment. Now, according to newly published data from the UK’s Department for International Trade, the country granted a license to export surveillance technology to Turkey earlier this year. That in itself may not be[…]
Supercomputer maker Cray cutting 14% of workforce, 190 jobs, seeking to save $25M per year
(GeekWire File Photo) Seattle supercomputer maker Cray plans to cut 190 jobs, representing about 14 percent of its global workforce, as part of a restructuring plan meant to cut costs. In a filing with the U.S. Securities and Exchange Commission Wednesday, the company said the layoffs will “affect all organizations and major geographies of the[…]
Nokia phone maker HMD Global parts ways with CEO Arto Nummela
HMD Global, the business vehicle set up specifically to create and market Nokia-branded mobile devices, has announced that its CEO Arto Nummela has left the company “with immediate effect.” No reason was given for the departure, but Florian Seiche, who has served as HMD Global’s president since its inception, has been appointed as acting CEO[…]
Counterparty Experiences Millionth Transaction
Counterparty recently experienced its millionth transaction. This is good news for the bitcoin-based smart contracting platform. It appears the Counterparty ecosystem is developing healthily and rapidly. Also read: Following Money Through the Bitcoin Laundry Is Not So Easy Counterparty’s community manager, Shawn Leary, told bitcoin.com about their growth: “Counterparty was excited to see our one millionth[…]
Kraken Estimates Last Quarter’s Trading Volume 10x Previous High
Kraken’s CEO, Jesse Powell, has stated the cryptocurrency exchange’s volume during the second quarter of 2017 comprised 10x more trade than during the company’s preceding all time high. Despite this incredible spike in volume, Powell speculated that the cryptocurrency markets will likely see growth of 10x to 100x in coming years. Also Read: Class Action Lawsuit Filed[…]