Honda shuts down factory after finding NSA-derived Wcry in its networks
Jun22

Honda shuts down factory after finding NSA-derived Wcry in its networks

Enlarge (credit: S-8500) The WCry ransomware worm has struck again, this time prompting Honda Company to halt production in one of its Japan-based factories after finding infections in a broad swath of its computer networks, according to media reports. The automaker shut down its Sayama plant northwest of Tokyo on Monday after finding that WCry had affected networks across Japan, North America, Europe, China, and other regions,...

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Bitcoin Wallet Blockchain.Info Raises $40 Million From Well-Known Investors
Jun22

Bitcoin Wallet Blockchain.Info Raises $40 Million From Well-Known Investors

The popular online bitcoin wallet, Blockchain.info, has announced the completion of a successful series B funding round by raising $40 million. The company started its services back in 2011 and aims to continue making digital currencies easier to use for everyday people. Also Read: State of Montana Funds Bitcoin Mine to Bolster Local Jobs Blockchain Raises $40 Million in Funding for Global Expansion and Digital Asset R&D The...

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Hackers Use NSA Exploit to Mine Monero Using Victims’ Computers
Jun22

Hackers Use NSA Exploit to Mine Monero Using Victims’ Computers

Reports have surfaced detailing a malware trojan that uses an NSA hacking tool to infect Windows computers with a cryptocurrency mining bug. The virus identifies available resources on a victim’s PC that can be used to initiate the mining of XMR (Monero). The Trojan Was First Reported by Russian Antivirus Dr.Web Bleeping Computer has reported that malware authors are utilizing an NSA hacking exploit to infect Windows computers...

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Singlepoint Acquires Funding to Tackle Cannabusiness Banking Problems With Bitcoin
Jun22

Singlepoint Acquires Funding to Tackle Cannabusiness Banking Problems With Bitcoin

US cannabis merchants could soon have a major new service to accept payments using bitcoin, which would sidestep the federal ban on cannabis businesses using bank accounts. Also read: Washington State Bill to Ban Bitcoin for Pot Fails Funding Acquired Singlepoint Inc. is a publicly traded holding company based in Phoenix, Arizona, that focuses on acquiring undervalued companies in emerging markets, including cannabis. On Tuesday, the...

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Status ICO Generates Over $60 Million, Fails to Deliver, Triggers Ethereum Overload
Jun22

Status ICO Generates Over $60 Million, Fails to Deliver, Triggers Ethereum Overload

A decentralized messaging app called Status — built on the Ethereum blockchain — raises over $60 million dollars during its initial coin offering campaign. However, as soon as the sale started the network became congested, and the Status team was unable to immediately provide everyone with their promised tokens.  Also read: Bitstamp Initiates Litecoin Trading Function as the Currency’s Price...

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