cryptocurrency – IT WORKz

Aug112017 by adminNo Comments

iPhone 8 provides lift-off for Welsh tech company IQE

technology

iPhone 8 provides lift-off for Welsh tech company IQE The successor to last year's iPhone is expected to feature a 3D sensor Credit: Reuters James Titcomb 5 August 2017 • 7:45pm A little-known Welsh manufacturer is tipped to be at the centre of the next iPhone’s breakthrough 3D-tracking technology. IQE, based in Cardiff, makes the special materials that are found in laser diodes, which are widely expected to feature in the new Apple handset. The technology will allow the new iPhone 8, expected to be unveiled next month, to instantly scan its environment to create virtual 3D models of the world around it. The feature is likely to be one of its big selling points, allowing owners to unlock their phone using facial recognition. IQE, which is listed…

Aug92017 by adminNo Comments

Bail of $30,000 set for UK cyber expert Marcus Hutchins

Malware

Bail of $30,000 set for UK cyber expert Marcus Hutchins 5 August 2017 From the section Technology Image caption Marcus Hutchins wanted to remain anonymous after the WannaCry outbreak, but his identity was revealed US prosecutors say a British computer expert has admitted to creating software that harvests bank details. But Marcus Hutchins' own lawyer says he denies six charges of creating and distributing the Kronos malware. The 23-year-old from Ilfracombe, Devon, who helped stall the WannaCry cyber-attack which hit the NHS, was arrested on Wednesday in Las Vegas. He was granted $30,000 (£23,000) bail, but will spend the weekend in prison after not being able to pay on Friday. As he left the courtroom Mr Hutchins was ordered to walk with his hands behind his back but he was…

Aug72017 by adminNo Comments

Briton who stopped WannaCry attack arrested over separate malware claims

security

Marcus Hutchins arrested over his alleged role in creating Kronos malware targeting bank accounts Marcus Hutchins at his workstation in Ilfracombe, England. He was arrested in Las Vegas after attending an annual hacking conference. Photograph: Frank Augstein/AP Marcus Hutchins, the 23-year-old British security researcher who was credited with stopping the WannaCry outbreak in its tracks by discovering a hidden “kill switch” for the malware, has been arrested by the FBI over his alleged involvement in separate malicious software targeting bank accounts. According to an indictment released by the US Department of Justice on Thursday, Hutchins is accused of having helped to create, spread and maintain the banking trojan Kronos between 2014 and 2015. The Kronos malware was spread through emails with malicious attachments such as compromised Microsoft Word documents, and…

Jul312017 by adminNo Comments

August 1st And The End Of Bitcoin?

Bitcoin

Summary Under Bitcoin Improvement Proposal (BIP) 148, Bitcoin will be undergoing a user activated soft fork on August 1, 2017. There are three possible outcomes of the soft fork, although the exact outcome is unknown as the outcome will depend on the actions of the nodes on the network. In a worst case scenario, BIP 148 could cause Bitcoin to chain split into two separate blockchains, one with SegWit activated and one without. Before we get started, let me try and define some very important terms, which I hope will make it easier for me to fully convey what exactly is going to happen on August 1st. Hard Fork - A hard fork is a permanent divergence in the blockchain, that occurs when non-upgraded nodes can't validate blocks created by…

Jul282017 by adminNo Comments

Botnets of Things

InformationTechnology

The relentless push to add connectivity to home gadgets is creating dangerous side effects that figure to get even worse. Botnets have existed for at least a decade. As early as 2000, hackers were breaking into computers over the Internet and controlling them en masse from centralized systems. Among other things, the hackers used the combined computing power of these botnets to launch distributed denial-of-service attacks, which flood websites with traffic to take them down. But now the problem is getting worse, thanks to a flood of cheap webcams, digital video recorders, and other gadgets in the “Internet of things.” Because these devices typically have little or no security, hackers can take them over with little effort. And that makes it easier than ever to build huge botnets that take…

Jul262017 by adminNo Comments

How to Customize Captions & Subtitles on Your Phone

Hardware

According to a study done by internet provider Tencent, a whopping 27.44% of Android users root their phones. With over 1.4 billion Android devices out there, that works out to somewhere in the neighborhood of 400 million rooted phones and tablets. In other words, there may very well be more rooted Android devices than there are Americans, so root nation is an important demographic that deserves being catered to.Superuser status isn't always easy to achieve, though. Many manufacturers lock their device bootloaders and add extra layers of security to prevent users from rooting and installing a custom recovery. Yet people still find ways around these hurdles, because rooting allows them to uninstall bloatware, block ads, and apply cool system-level mods and tweaks, among other things. For many folks, this level…

Jul242017 by adminNo Comments

BITCOIN MINER: The rise of Ethereum could help some bitcoin miner

Bitcoin, Cryptocurrency

Markets Insider Bitcoin mining gets more difficult over time, and so it now takes more electricity and money to mine for the cryptocurrency than ever before. The rise of ether, another cryptocurrency, and the appreciation of bitcoin could help maintain the profitability of bitcoin mining, despite increasing costs and difficulty. It's getting more difficult to mine bitcoins, but that doesn't mean miners are packing up their servers en masse and seeking greener pastures. The number of bitcoins available for mining has decreased from 50 BTC per bitcoin "block" when the cryptocurrency first came onto the scene to 12.5 BTC per block, according to Autonomous NEXT, a financial technology analytics service. It is set to decrease to 6 BTC on June 19 2020, according to bitcoinblockhalf.com, a bitcoin countdown site. Bitcoin mining is the…