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Ex-Convicted Hacker GhostExodus: Severity of My Crime Wasn’t Based On What I Did, But What I Could Have Done

04.06.2020 In 2009, Jesse William McGraw, aka “GhostExodus” and the leader of the so-called Electronik Tribulation Army (ETA) hacking group, broke into...

Romanian Skimmer Gang in Mexico Outed by KrebsOnSecurity Stole $1.2 Billion

An exhaustive inquiry published today by a consortium of investigative journalists says a three-part series KrebsOnSecurity published in 2015 on a Romanian ATM...

Kaspersky IDs Sophisticated New Malware Targeted at Air-Gapped Systems

'USBCulprit' is one of several tools that suggest previously known Cycldek group is more dangerous than previous assumed, security vendor says. A likely...

Top Traders Debate Future of BTC After Bitcoin Price Drops to $8.6K

The price of Bitcoin (BTC) suddenly dropped from $10,000 to $8,600 on BitMEX as nearly $140 million worth of long contracts were liquidated....

Another Whale Manipulation? Bitcoin Plummets To $9,300 Following Failed Attempt At Holding $10,000

Advertisement     Bears have done it once again, yesterday’s bull break was looking promising after Bitcoin hit $10,300 and $10,500 on some...

Lessons in Launching a Global Marketing Podcast

The entire process usually takes me about two to four hours per episode. The hardest part is just finding people or brands that...

“Bitcoin is the peaceful protest,” CZ says as U.S. riot heightens

Advertisement     As the riot and protest in the United States continues, Binance CEO Changpang “CZ” Zhao says Bitcoin is the peaceful...

Reverse Engineering in the Automotive Industry

Reverse engineering is a process that has been well known for nearly a century. It originated as a way of recreating captured advanced...

What the Birth of Crypto Can Predict for the Post-COVID-19 World

We, as a society, are now experiencing a crisis of trust. The three pillars that we’ve had faith in all our lives —...

Reddit’s new Community Points could be huge for Ethereum

Reddit's new Community Points could be huge for Ethereum

Reddit is experimenting with cryptocurrency, and though it's currently only a trial, it might turn out to be one of the most important developments in the space. 

The social news site launched a new feature called Community Points, which are earned by submitting quality content and can be spent on premium features such as badges and emoji (as well as being used for bragging rights). This, in itself, isn't new for Reddit, but these new Community Points are essentially cryptocurrency tokens built on the Ethereum network. 

Ethereum, which is both a cryptocurrency like Bitcoin and a platform for decentralized apps, has a standard called ERC-20 that allows for simple creation of new cryptocurrencies called tokens. These have all the basic properties of Ethereum itself — namely, they're near-impossible to counterfeit, and they are fully controlled by their owners. This means that, once the tokens have been created and transferred to a user, not even Reddit can take them back.  Read more...

More about Reddit, Blockchain, Ethereum, Tech, and Big Tech Companies

The origin of blockchain platforms

We’ve heard of digital cash. But what more can blockchains do? Photo by Launchpresso on Unsplash The first and most...

Software, and the death of traditional management consulting

A friend recommended that I read an article, how McKinsey Destroyed the Middle Class. It basically summarizes how management consultants and elite business...

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