How Hackers Slipped by British Airways' Data Defenses
Security researchers have detailed how a criminal hacking gang used just 22 lines of code to steal credit card info from hundreds of thousands of British Airways...
Hackers Can Steal a Tesla Model S in Seconds by Cloning Its Key Fob
Weak encryption in the cars’ key fobs allows all-too-easy theft, but you can set a PIN code on your Tesla to protect it.
Korean Banks to Limit Services for Crypto Traders Without Real-Name Verification
South Korean banks are reportedly taking measures to limit services for customers who are not using the real-name system. It has been over seven months since the Korean government introduced the crypto real-name system, but only 40-50% of accounts at the country’s top four cryptocurrency exchanges have been converted into real-name ones, according to local media. Also read: 160 Crypto Exchanges Seek to Enter Japanese...
India Small Town Layman Falls For A Conman: First MLM, Then Wallet Theft
The growing incidence of bitcoin multi-level marketing (MLM) scams in countries like India is a two-pronged wake-up call. First, has a small town investor become more gullible than ever? Second, and more scary, is bitcoin – with all its complexity and novelty mixed with explosive growth – making it easy for vampires to confuse newborns? Also Read: Denmark just saw a new form of money laundering The MLM Pied Pipers...
Tired of Bank Bailouts and Hyperinflation? Bitcoin Offers Something Different
People often wonder why a cryptocurrency with a limited supply like bitcoin has been gaining traction over the years. Since the 2008 financial crisis, the world’s central banks have printed around $12-30 trillion worth of promissory notes, and more than $10 trillion in negative-yielding global bonds. However instead of the newly printed money helping global citizens, many complain that methods like quantitative easing (QE) were...
