Refusing to Decrypt Hard Drives May Equal Indefinite Jail Time
The topic of encryption is becoming more prominent in media headlines these days as consumers want to protect their privacy. But the US government does not agree with this stance as federal prosecutors propose indefinite prison for a suspect unwilling to decrypt his hard drives. Failure to Decrypt Could Become a Criminal Offense. One suspect who was....
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A recent security experiment conducted at the University of Illinois Urbana-Champaign goes to show how insecure freely distributed USB drives can be. Almost one in two drives were taken and plugged into a computer right away, regardless of possible consequences. Please Refrain From Using Unknown USB Drives. There is something very appealing about goodies, especially if they come in the form of an item everybody can use. USB Drives present an excellent example of how dangerous these goodies can be, though, as users will plug them into their computer without giving it a second thought. That....
Recently, Karma (formerly Karmacoin) and Karmashares developer Kosmost announced he was leaving the coin and LLC for an indefinite amount of time due to personal attacks from members of the Karma community. Since his announcement, Karma-whose price had already been in decline-has continued to decrease. Can Karma make a comeback? Karma Developer Kosmost Announces Departure. Karma developer Kosmost has left the coin indefinitely. On September 9, Karma developer and Karmashares LLC operator Kosmost announced that he was taking an indefinite hiatus from the Karma community. He stated that he....
A South African tax expert, Thomas Lobban, has warned non-tax paying crypto traders that they now face possible jail time if the South African Revenue Services (SARS) decides to lay tax offense charges against them. He adds that this threat of jail time similarly applies to South African crypto traders that use offshore exchange platforms to trade or store their crypto assets. Lack of Guidance Blamed Lobban’s warning follows reports earlier in the year which suggested that changes to South African tax laws may have made it “easier for SARS to secure criminal convictions for....
Using Bitcoin ASIC hardware for the folding project may not persuade a lot of people to switch the miners back on, though. A lot of people are familiar with the SETI@Home project. Consumers can dedicate their computing power to finding new breakthroughs in scientific research. All it takes is installing the dedicated client to get up and running within a few minutes. Interestingly enough, the project sent out a positive message regarding Bitcoin about a week ago. Bitcoin is quickly becoming a favorite tool to support charitable goals. SETI@home is one of the projects that received a five....
If you want to save the world, it's going to take a lot of hard drives. Chia Network (CHIA), which emerged onto the cryptocurrency scene with the promise of cleaning up the environmental mess left by Bitcoin (BTC) miners, may not be as green as it seems. Unlike Bitcoin, Ether (ETH) and others, Chia Network mines coins using an alternative to the energy-intensive Proof-of-Work (PoW). Chia coins are produced using only hard drive storage, and don’t require specialized ASIC hardware, or GPUs. But reports coming out of China point suggest that saving the environment isn’t as easy as it sounds....