SoundCloud Halts Volunteer Archiving Project

Last week, a group of volunteer digital preservationists known as The Archive Team announced they would be attempting to independently archive a 123.6 million track, 900-terabyte swath of SoundCloud, the popular streaming music and audio service that recently announced mass layoffs and office closures, sparking fears of an imminent closure. But just as the volunteer[…]

South Africa Will Begin Testing Bitcoin and Crypto Regulations

The South African Reserve Bank has announced that it will trial cryptocurrency regulations. Loerien Gamaroff, CEO of Bankymoon, has revealed that his company has been selected as the first business to trial the new regulations. Also Read: Increased South African Bitcoin Adoption Highlights Need for Taxation Clarity South Africa Has Been Among the Slowest of the[…]

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[…]

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[…]