Bitcoin Plunges Below $12,000 To Six-Week Low Over Crackdown Fears

Bitcoin plunged to a six-week low Tuesday after comments from South Korea’s finance minister renewed worries about a crackdown in one of the largest markets for digital currency trading. In a radio program interview, South Korean Finance Minister Kim Dong-yeon said that “the shutdown of virtual currency exchanges is still one of the options” the government has. CNBC reports: Bitcoin dropped more than 17 percent to a low of $11,182.71…

January 17, 2018
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Bitcoin Plunges Below $12,000 To Six-Week Low Over Crackdown Fears

Bitcoin plunged to a six-week low Tuesday after comments from South Korea’s finance minister renewed worries about a crackdown in one of the largest markets for digital currency trading. In a radio program interview, South Korean Finance Minister Kim Dong-yeon said that “the shutdown of virtual currency exchanges is still one of the options” the government has. CNBC reports: Bitcoin dropped more than 17 percent to a low of $11,182.71…

January 17, 2018
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Researchers Uncover Android Malware With Never-Before-Seen Spying Capabilities

An anonymous reader quotes a report from Ars Technica: According to a report published Tuesday by antivirus provider Kaspersky Lab, “Skygofree” is most likely an offensive security product sold by an Italy-based IT company that markets various surveillance wares. With 48 different commands in its latest version, the malware has undergone continuous development since its creation in late 2014. It relies on five separate exploits to gain privileged root access…

January 17, 2018
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Researchers Uncover Android Malware With Never-Before-Seen Spying Capabilities

An anonymous reader quotes a report from Ars Technica: According to a report published Tuesday by antivirus provider Kaspersky Lab, “Skygofree” is most likely an offensive security product sold by an Italy-based IT company that markets various surveillance wares. With 48 different commands in its latest version, the malware has undergone continuous development since its creation in late 2014. It relies on five separate exploits to gain privileged root access…

January 17, 2018
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France Says ‘Au Revoir’ to the Word ‘Smartphone’

Hoping to prevent English tech vocabulary from entering the French language, officials have suggested ‘mobile multifunction’ as an alternative. An anonymous reader shares a report: The official journal of the French Republic, the Journal officiel, has suggested “internet clandestin” instead of dark net. It’s dubbed a casual gamer “joueur occasionnel” for messieurs and “joueuse occasionnelle” for mesdames. To replace hashtag, it’s selected “mot-diese.” Now, as the Local reports, the latest…

January 16, 2018
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The Astronomer Who Is Building the Largest Map of Space by Volume

An anonymous reader shares a Motherboard report: Astronomer Mark Halpern doesn’t come into work every day thinking about the fact that he is leading a team that is creating the biggest map of the universe by volume ever made. But that ambition drives his research. An professor at the University of British Columbia, Halpern is also the principal investigator of the Canadian Hydrogen Intensity Mapping Experiment, or CHIME for short,…

January 16, 2018
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The Astronomer Who Is Building the Largest Map of Space by Volume

An anonymous reader shares a Motherboard report: Astronomer Mark Halpern doesn’t come into work every day thinking about the fact that he is leading a team that is creating the biggest map of the universe by volume ever made. But that ambition drives his research. An professor at the University of British Columbia, Halpern is also the principal investigator of the Canadian Hydrogen Intensity Mapping Experiment, or CHIME for short,…

January 16, 2018
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The Human Cost of the Apple Supply Chain Machine

Apple is still struggling to improve working conditions at its supply chain factories. China Labor Watch and Bloomberg reported on Tuesday that Catcher, a key supplier for iPhone and MacBook casings, makes workers endure harsh safety conditions and unfair work terms in a factory in Suqian. According to observers and discussions with workers, the machines are not only loud, but spray fluid and metallic particles that frequently hit workers’ faces…

January 16, 2018
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The Human Cost of the Apple Supply Chain Machine

Apple is still struggling to improve working conditions at its supply chain factories. China Labor Watch and Bloomberg reported on Tuesday that Catcher, a key supplier for iPhone and MacBook casings, makes workers endure harsh safety conditions and unfair work terms in a factory in Suqian. According to observers and discussions with workers, the machines are not only loud, but spray fluid and metallic particles that frequently hit workers’ faces…

January 16, 2018
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Bank of America Tops IBM, Payments Firms With Most Blockchain Patents

Bank of America may not be willing to help customers invest in Bitcoin, but that doesn’t mean it isn’t plowing into the technology underlying the cryptocurrency. From a report: The Charlotte, North Carolina-based lender has applied for or received at least 43 patents for blockchain, the ledger technology used for verifying and recording transactions that’s at the heart of virtual currencies. It is the largest number among major banks and…

January 16, 2018
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