Microsoft-Funded Startup Aims to Disrupt File Sharing Networks: Is Bitcoin Vulnerable?
The Russian-based PiratePay startup is attempting an old, but in this application novel, strategy to help Hollywood fight against the file sharers that they claim are costing the economy 373000 jobs and $58 billion per year: DDOSing them. As Pirate Pay CEO Andrei Klimenko describes his company's strategy, "We used a number of servers to make a connection....
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The Pirate Bay may never make it to its teenage years. The popular file sharing site, launched in 2003, was recently taken offline following a raid by Swedish police. It's a sad event for a site that is supposed to be all about unassailable file sharing and, although resurrected versions of The Pirate Bay may already be back up online, the latest interruption to its service raises a number of questions. What does this raid mean for decentralised P2P filesharing? And can the same technologies that underpin cryptocurrencies help sustain or even enhance decentralised P2P filesharing networks....
File-sharing services have faced a ton of scrutiny in recent years, as public opinion on these platforms is generally positive; these services are perfect for sharing illegal content among Internet users. About a decade ago, warez sites were a pain in the neck for government officials around the world, but that period came to an abrupt end a few years ago. By the look of things, file sharing services won’t be around for much longer either. Gone are the days where platforms such as Napster, Bearshare, and Nucleus were the favorite file sharing applications on the Internet. More recently,....
Today, major banks are touting their mobile banking apps as the next best thing. But are these “innovations” or just renovations on the proverbial deck of the Titanic? And similar to how BitTorrent impacted the entertainment industry, would incumbent banks have remained complacent without a prod from Bitcoin? The BitTorrent Effect. BitTorrent is to....
Palo Alto Networks has discovered a unique malware family that can mine bitcoins via the victim’s CPUs and GPUs. The malware, called PWOBot, is completely written in Python and compiled via PyInstaller, generating a Microsoft Windows executable, according to a Palo Alto Networks posting. The malware has affected European organizations, mainly in Poland. A Polish file-sharing service delivers the malware. The malware can download and execute files, log keystrokes, execute Python code and mine bitcoins via the affected computers’ GPUs and CPUs. The malware has been noticed as far back as....
The once-popular and now discontinued file-sharing platform Limewire is returning after shutting down in 2010. However, rather than provide access to copyrighted music files and movies, the new Limewire aims to launch a marketplace dedicated to non-fungible token (NFT) technology.
Limewire Plans to Return With an NFT Marketplace Platform
Limewire plans to return from the ashes this May as the new owners of the defunct file-sharing website’s intellectual property (IP) have plans to turn the platform into a non-fungible token (NFT) marketplace. Austrian brothers Julian and....