A distributed denial of service (DDOS) attack on a Bitcoin wallet and
transaction facilitator netted hackers with 1,265 Bitcoins worth $1 million.
The hack attack started on November 15th, and it followed several other
nefarious online maneuvers over a period of 48 hours. The victim is a
Denmark-based tech company that as of early December was still trying to
figure out how the heist unfolded on their servers.
The Danish company explained that the DDOS attack was formidable and
succeeded in penetrating various layers of protection. According to blog
posts and press reports, Bitcoin Internet Payment Services (BIPS) was forced
to take immediate action and shut down the online wallets of its customers.
It appears that the theft involved funds that belonged to BIPS and not those
Details on the Heist
Initial reports by BIPS indicate that the attacks were laun... (more)
Over the course of the past decade, there's been a lot of hype pertaining to
the_ Internet of Things (IoT)_ and how China leads the U.S. in this
technology -- yet many who are active on the Internet are still unaware of
In its simplest form, IoT is an evolving wireless network of objects and
devices that will eventually all be connected with each other. Using RFID,
Bluetooth, GPS and other emerging semantic technology, and working in tandem
with cloud computing, Web portals and back-end systems, in essence our
"things" will be be able to "talk" with each other.
You would be hard pressed to find an existing business that does not pay its
employees or contractors using some method of online payroll system. Even
those that process freelancer payments through Paypal or Dwolla are issuing
online payments to their workers.
There are still businesses out there, however, that are looking for someone
to handle their payroll tasks for them. Whether it's a new business, an
organization that's moving away from paper checks to an online system, or a
firm looking to make a change in who handles it for them, there are ways to
make sure that the chose... (more)
Siri wasn't just a phenomenal technological achievement. "She" also segued
into the core of pop culture, serving as a guest star on hit shows like "The
Big Bang Theory" and some even say serving as inspiration for the
Oscar-nominated film "Her." However, it looks like she's about to have some
stiff competition as makers of Windows phones such as Nokia's Lumia are
getting ready to reveal "Cortana." With a more exotic name, this digital PA
might just give Siri a run for her money according to a recent report in The
Verge. With Microsoft behind the project, Cortana has piqued every ... (more)
The color that's officially regarded as the most boring in homes across
America is apparently making a comeback. Google Glass in "off-white" (better
known as egg shell among professionals in the interior design industry) sold
out in just a few hours after being released on Tuesday, April 15, 2014.
It was just a one-day sale, when the highly anticipated product was going for
$1,500, but even Google didn't expect such a response. According to a Google
statement released to the Mercury News, the offer might be extended, but
after the company witnessed what a hit it was, the sale offi... (more)