By Michelle Robertson, SFGATE Published 10:56 am PST, Wednesday, November 21, 2018 A 21-year-old Manhattan man was arrested after allegedly hacking into Silicon Valley executives' cell phones and attempting to steal their cryptocurrency, according to multiple reports. A 21-year-old Manhattan man was arrested after allegedly hacking into Silicon Valley executives' cell phones and attempting to steal their cryptocurrency, according to multiple reports. Photo: Chris Ratcliffe, Bloomberg Photo: Chris Ratcliffe, Bloomberg Image 1 of / 27 Caption Close Image 1 of 27 A 21-year-old Manhattan man was arrested after allegedly hacking into Silicon Valley executives' cell phones and attempting to steal their cryptocurrency, according to multiple reports. A 21-year-old … [Read more...] about How a whiz kid allegedly hacked into Silicon Valley execs’ phones, stole $1 million
Bitcoin 1 million
NYC man charged in $1 million Bay Area cryptocurrency theft
By Robert Salonga | [email protected] | Bay Area News Group November 20, 2018 at 5:20 pm A Manhattan man who once drew infamy by questionably accusing his friends of torturing him for bitcoin has been charged in Santa Clara County with using SIM swapping to steal $1 million from a San Francisco man in the latest high-profile instance of the new-age theft tactic. It was an ironic twist for Nicholas Truglia, 21, now suspected in at least 11 cases across the country where he allegedly commandeered his victims’ smartphones and then impersonated them to access their personal information, including bank access. Seven of those cases were reported in California, including a victim in Cupertino and the San Francisco man, who is the suspect’s only California victim to register a financial loss. Court filings show that Truglia has been charged in Santa Clara County with 21 felony counts related to hacking into the smartphones of at least five victims, resulting from … [Read more...] about NYC man charged in $1 million Bay Area cryptocurrency theft
Bitcoin may be down 40% this year but crypto developers are still fetching $1 million bonuses
Frank Chaparro, provided by Published 11:57 am, Tuesday, May 22, 2018 @floydmayweather Bitcoin may be down 40% year-to-date, but crypto developers are making out like bandits. Some firms are offering crypto talent $1 million dollar signing bonuses, according to a Wall Street Journal report. Bitcoin may be down close to 40% since the beginning of the year, but that doesn't mean developers with expertise in the technology powering the crypto aren't making money hand-over-fist. Recommended Video: Now Playing: Bitcoin developer Jimmy Song says the cryptocurrency has lost 70% of its value before and will again. But he still believes it's a great long-term investment. Media: Cheddar TV A Wall Street Journal report found that companies are willing to pay a lot to lure crypto talent. Some are even offering new hires $1 million dollar signing bonuses, according to Dave Schwartz, the chief cryptographer at Ripple, who told The Journal pay packages "have gotten … [Read more...] about Bitcoin may be down 40% this year but crypto developers are still fetching $1 million bonuses
The artist who once sold a photo of a potato for $1 million just sold a cryptocurrency-inspired artwork called ‘YELLOW LAMBO’ for more than the price of an actual Lamborghini
caption A man sells copies of the “Big Issue” next to a Lamborghini in Covent Garden in central London. The “Big Issue” is a magazine sold by homeless people. source REUTERS/Luke MacGregor Conceptual artist and photographer Kevin Abosch recently sold a blockchain-inspired artwork called “YELLOW LAMBO” for $400,000. The artwork is inspired by the hashtag #lambo, which is often used in cryptocurrency forums online. Kevin Abosch’s technology-inspired artwork and photography challenge the traditional perceptions of value. In 2016, Abosch sold a photograph of a potato for more than $1 million. In February, a group of 10 collectors purchased his virtual artwork “Forever Rose” for $1 million in cryptocurrency. And just last week, Abosch sold another digitally-inspired artwork called “YELLOW LAMBO” to former Skype COO Michael Jackson at the San Francisco art fair … [Read more...] about The artist who once sold a photo of a potato for $1 million just sold a cryptocurrency-inspired artwork called ‘YELLOW LAMBO’ for more than the price of an actual Lamborghini
Intimate raises $1.1 million to enable payments for porn and sex services
Many payment services, like credit card companies, won’t go near payments for online porn or sexual services. As a result, the sex industry uses lesser-known platforms that take a huge cut. But Intimate has created a payment technology on a blockchain that the startup says will enable better trusted commerce for adult content. If that starts raising a lot of questions in your mind, then you’re on the right track. Balancing trust, safety, legality, and anonymity — all aspects of the adult industry — isn’t easy to do. It may appear seamy, but London-based Intimate believes it can bring trust and safety into sex commerce. The company is announcing today that Alphabit, a billion-dollar digital currency fund, has invested $1.1 million into Intimate’s ongoing cryptocurrency token presale. So far, Intimate has raised $5.1 million through the presale for its “open, distributed trust mechanism” for all segments of the adult industry, … [Read more...] about Intimate raises $1.1 million to enable payments for porn and sex services