In a positive sign for victims of failed Bitcoin exchange Cryptsy (Project Investors, Inc.) a court has taken possession of the company’s assets, appointed a receiver and has suspended all powers of the company’s agents, employees, officers, and directors. The order came from the United State District Court South District of Florida in the case ...

The lawyers at the center of a scandal surrounding the release of data pertaining to the use of offshore accounts by the rich and famous have claimed that the data was obtained in a hack. If you’ve missed the story so far (and it would be hard to), the so-called “Panama Papers” are a staggering ...

Facebook, Inc.-owned messaging service WhatsApp announced Tuesday that it had completed its rollout of end-to-end encryption, meaning that every message, photo, video, file, and voice message sent on the service will be unable to be seen by any third party, including law enforcement and WhatsApp itself. WhatsApp had previously started rolling out the feature last ...

Microblogging come messaging service Twitter, Inc. has signed a deal with the National Football League (NFL) to stream 10 Thursday night National Football League games during the 2016 season. Neither the NFL or Twitter confirmed the amount of the deal although Bloomberg puts the cost of the deal at $10 million. Twitter is said to ...

Distributed peer-to-peer Bitcoin e-commerce platform OpenBazaar has opened for business after one month of testing. Founded in 2014 as a fork of the DarkMarket project, OpenBazaar provides a decentralized peer-to-peer (P2P) e-commerce marketplace powered by Bitcoin payments that utilizes P2P networking, Ricardian contracts, decentralized reputation, and multi signature escrow for Bitcoin payments. As it is ...

Bank backed Blockchain fintech development consortium R3 (R3CEV LLC) has signed a new strategic partnership with Microsoft Corp. to develop, test and deploy Blockchain technologies on Microsoft’s Azure Blockchain-as-a-Service cloud. If you’re not familiar with R3, the consortium was founded in 2015 to design and deliver advanced distributed/shared ledger technologies to global financial markets and ...

Salesforce.com, Inc. has acquired deep learning startup MetaMind, Inc. for an undisclosed sum. Founded in 2014, MetaMind built an automated image recognition platform founded on deep learning and artificial intelligence (AI) that aimed to “simplify the complexity of our daily lives.” The company was also building language based applications which it describes as “enterprise-grade AI.” ...

Own a Revolv smart home device? The bad news is that you are completely and utterly screwed with news Monday that the Alphabet, Inc. (the company formerly known as Google) owned Nest isn’t just discontinuing Revolv device support, but actually disabling every single Revolv at the same time. According to Business Insider, the decision was ...

Caribbean-based Blockchain cryptocurrency startup Bitt, Inc. has raised $4 million Series A from Overstock.com, Inc. Founded in 2016, Bitt offers a digital asset exchange whose core focus is on providing access to cryptocurrencies in emerging markets with a high-frequency trading platform that is claimed to offer the highest levels of access, security, customer service, transparency, ...

Could ransomware be legal if it’s used to enforce copyright infringements? That’s a question that will soon need to be answered with a proposal floated by U.K. copyright enforcement group Rightscorp Ltd. that would see browser access denied to users accused of illegally downloading copyrighted material until such time they paid a fine to regain ...