Trendon Shavers, the mastermind behind the disgraced Bitcoin Savings & Trust Ponzi scheme, has been sentenced to 18 months in prison on one count of securities fraud. In addition, Shavers was ordered to forfeit $1.23 million and to pay restitution in the same amount to victims of his scam. Shavers, who ironically went by the ...

Bitcoin exchange Coinbase, Inc. has added support for Ethereum, allowing customers in 32 countries to buy, sell, send and store ether in their Coinbase accounts. The announcement follows Coinbase’s first commitment to the Ethereum network in May when it added ether support to its bitcoin trading exchange, a service since rebranded as the Global Digital ...

A man who hacked into celebrity accounts and stole X-Rated pictures has been sentenced to 6 months in prison followed by two years of supervised release Andrew Helton of Astoria, Oregon, pleaded guilty to hacking 363 Apple and Gmail accounts in February. Hilton ran a phishing scheme that involved him sending emails to potential victims ...

Internet radio company Pandora Media, Inc. missed analyst projections in its second quarter financials Thursday as the company continued to lose listeners. Pandora reported consolidated revenue of $343 million for the quarter, up 20 percent over the same quarter of 2015, but short of analyst projections of $351.7 million and Pandora’s own guidance of $345 ...

Gold medals and the baby-deforming Zika virus won’t be the only things making headlines at the forthcoming summer Olympic Games in Rio de Janeiro, with security experts warning cyber criminals will be targeting athletes, officials, tourists and even fans watching at home alike during the 16-day event. According to Symantec Corp. Senior Vice President Samir ...

Another day, another round of iPhone 7 leaks including photos and possible confirmation that Apple, Inc. will launch three new versions of the phone come September instead of the traditional two. At the top of the list comes an alleged shot of the three models, the iPhone 7, iPhone 7 Plus, and the iPhone 7 ...

Some 27 months after Facebook forced users to use its dedicated chat app if they wanted to chat privately with other users, Facebook’s Messenger has passed the 1 billion active users mark. Significantly, the 1 billion number is up 200 million from the 800 million users Facebook reported in January. In an announcement post, Facebook ...

Popular BitTorrent site KickassTorrents (KAT) is no longer, following the arrest of its alleged founder and seizure of its domains by the United States Government. Artem Vaulin, 30, of Kharkiv, Ukraine, was arrested in Poland on behalf of U.S. authorities on one count of conspiracy to commit criminal copyright infringement, one count of conspiracy to ...

Twitter, Inc.’s plans to turn itself into a sports live-streaming service has received a boost, with news Tuesday that it has signed an original content deal with the National Basketball Association (NBA). The deal, which will include live programming and video to Twitter-owned properties Vine and Periscope as well as Twitter itself, will comprise of two ...

Former St. Louis Cardinals scouting director Chris Correa has been sentenced to 46 months in prison for hacking accounts at rival Major League Baseball (MLB) team the Houston Astros. Correa, who was fired in July 2015 after the hacking scandal was first revealed, was also ordered to pay $279,038 in restitution. In his initial defense, ...