Shaun Bridges, who is already serving a six-year sentence for nicking Bitcoins from the underground souk, pleaded guilty on Tuesday to stealing a further 1,600 Bitcoin (worth $359,005 at the time and approximately $6.6m today) during a separate investigation. According to court documents [PDF] Bridges, 35, was probing European Bitcoin trading firm Bitstamp, which led Read more about US Secret Service agent Bridges broadcast Bitstamp Bitcoins to BTC-E besides Silk Road heist[…]

It turns out they won’t cover the cost of your smartphone breakages, because they are the most popular claims. And if they do cover your tablet, there are surcharges and other difficulties. Allrisk inboedelverzekeraars hebben zich gewapend tegen kwetsbare smartphones, zo blijkt uit onderzoek van financieel communicatiebureau SevenEight onder 23 grote allrisk inboedelverzekeraars. Source: Inboedelverzekeraar Read more about Inventory insurers in NL sneakily exclude smartphones[…]

Anyone can vote in the Stock Stream Twitch Channel on which stocks should be bought or sold. Trades are executed automatically using Robinhood. How much money is available? The account is funded with $50,000 though unfortunately, due to FINRA/SEC regulations, trading will halt if the account value falls below $25,000. Source: Stock Stream – Worlds Read more about Stock Stream – Worlds First Multiplayer Stock Market Game Using Real Money[…]

A fired SpaceX worker has accused the company of leaning on its employees to forge test records for parts destined for NASA. Jason Blasdell told his wrongful firing court hearing in California that although he complained to the HR department about being pressured into creating false test passes, the company ignored him – and he Read more about ‘Do not tell Elon’: Ex-SpaceX man claims firm cut corners on NASA part tests[…]

Code.gov is a platform designed to improve access to the federal government’s custom-developed software. Source: Code.gov The US Government is committing to open source in a big way. This is where to find it.

AN FRANCISCO — Wells Fargo may have opened as many as 3.5 million bogus bank accounts without its customers’ permission, attorneys for customers suing the bank have alleged in a court filing, suggesting the bank may have created far more fake accounts than previously indicated. The plaintiffs’ new estimate of bogus bank accounts is about Read more about Wells Fargo fake accounts scandal appears far bigger than previously thought, attorneys say, may have opened 3.5 million accounts without customer consent[…]

When Congress voted in March to block FCC privacy rules and let internet service providers sell users’ personal data, it was a coup for the telecom industry. Now, the nonprofit, pro-privacy group Fight for the Future is publicizing just how much the industry paid in an attempt to sway those votes. The group unveiled four Read more about Congressmen taking huge wads of $$$ to vote for tracking US web history named and shamed on billboards[…]

Last fall, Shearer filed a $125 million lawsuit against Vivendi – the company that owns This Is Spinal Tap – for financial misappropriation and launched a website called Fairness Rocks explaining his lawsuit. He alleged that the company says the four creators between them have only earned $81 in merchandizing income and $98 for their Read more about Harry Shearer: Why My ‘Spinal Tap’ Lawsuit Affects All Creators[…]

The Kerala government has made a saving of Rs 300 crore through introduction and adoption of Free & Open Source Software (FOSS) in the school education sector, said a state government official on Sunday. IT became a compulsory subject in Kerala schools from 2003, but it was in 2005 only that FOSS was introduced in Read more about Kerala saves Rs 300 crore ($45m) as schools switch to open software[…]

Even though cash payments have decreased to 49% of our daily payments, people in the eurozone still think cash is important and shouldn’t be banned. DNBulletin: Contant betalen moet mogelijk blijven Source: DNBulletin: Contant betalen moet mogelijk blijven There has been a movement to try to shame cash payments, into creating a shady overtone to Read more about 71% NL population likes cash[…]

This site has a good list of items they link to on Amazon which are cheaper than the best item you could have gotten. It also compares the items on a few points they think are important, so you know why you are saving all the money. You don’t always need the best of the Read more about Vendor comparison site: OutsmartBrands shows you cheap alternatives for the best[…]

Religion in the United States is worth $1.2tn a year, making it equivalent to the 15th largest national economy in the world, according to a study. The faith economy has a higher value than the combined revenues of the top 10 technology companies in the US, including Apple, Amazon and Google, says the analysis from Read more about Religion in US ‘worth more than Google and Apple combined’[…]

Threatening file-sharers with high fines or even prison sentences is not the best way to stop piracy. New research published by UK researchers shows that perceived risk has no effect on people’s file-sharing habits. Instead, the entertainment industries should focus on improving the legal options, so these can compete with file-sharing. Source: Stop Piracy? Legal Read more about Stop Piracy? Legal Alternatives Beat Legal Threats, Research Shows[…]

In 2014, San Francisco tech startup Skully raised hype and money to build a Tony Stark-style digitally augmented motorcycle helmet. Almost $2.5 million later, the company’s shutting down. Now a lawsuit from within the company gives us some hints as to why: founders allegedly blew the R&D money on lap dances and fast cars. Source: Read more about Failed HUD Helmet Maker Skully Spent Funding On Strippers And Exotic Cars: Lawsuit[…]

Ars investigates legal advice for hotspot operators—most are ill-informed; the rest invented. […] According to the experts we consulted, anyone attempting to follow the recommendations could in practice be creating data protection liabilities that they’re ill-equipped to discharge. Others may be put off altogether by dire warnings about legal risks that simply don’t exist. Source: Read more about Public Wi-Fi hotspots and you: Busting the many legal myths in the UK[…]

Hong Kong bitcoin exchange Bitfinex reported yesterday that hackers had stolen 119,756 bitcoin, which is worth as much as $72 million dollars (with some reports going even higher). News of the hack sent bitcoin tumbling 23 percent, with its current value hovering around $556. Bitfinex confirmed that no other digital currency except bitcoin was targeted Read more about Hackers Steal $72 Million in Bitcoin From Hong Kong Exchange Bitfinex[…]

In a closely watched trial by the media community, shortly after 7pm on Friday night, and less than six hours after starting deliberations, the jury sided with ex-pro wrestler Hulk Hogan and awarded him $115 million in his sex tape lawsuit against Gawker Media. The trial lasted two weeks. The award consists of $55 million Read more about Gawker Ordered To Pay Hulk Hogan $115 Million In Sex Tape Lawsuit – wait, how much?[…]

Last year we bought 44 per second, but growth has slowed so its frowning time […] Prognostication-producers Gartner reckon the disappointing start to 2016 will continue for smartphone makers, with the year to end a mere seven per cent ahead of 2015. If it’s accurate, that would translate to 1.5 billion units for the year Read more about Humanity will only buy 47 smartphones per SECOND in 2016[…]

The world’s largest maker of TVs by shipments added new tile ads to the main menu bar of its premium TVs in the U.S. in June 2015 and is planning to expand the program to Europe in coming months, people familiar with the matter said. […] according to one of these people, and by using Read more about Samsung Adds More Ads to Its TVs[…]

So, with the Panama papers, governments are cracking down on tax dodgers. In the Netherlands the minister wants to increase the penalty for giving up your hidden funds to 300% plus back taxes plus interest. The claim is that it’s not fair, because poor people don’t have enough money to dodge taxes and so have Read more about Panama Papers – why are people hiding their money offshore anyway?[…]

The World Economic Forum expects automation and robots will eliminate 5.1 million jobs within the next five years. That’s a scary thought, especially if you have one of these jobs that could theoretically be done more efficiently (and for less cost) with an automated machine. Source: The Jobs Most Likely to Be Taken Over by Read more about The Jobs Most Likely to Be Taken Over by Robots In the Near Future[…]