Bitcoin startup Butterfly Labs lodges with FTC for $, but it can’t pay, Ars Technica

Bitcoin startup Butterfly Labs lodges with FTC for $, but it can’t pay, Ars Technica

Lawsuit will be dropped against two execs, but case remains against CEO.

by Cyrus Farivar – Feb Legitimate, 2016 6:49 pm UTC

On Thursday, all-but-defunct Bitcoin miner manufacturer Butterfly Labs (BFL) ultimately lodged with the Federal Trade Commission ter a lawsuit that has dragged on since September 2014. Read More

Starbucks – Wi-Fi Found Using People – s Laptops to Mine Monero

Starbucks – Wi-Fi Found Using People – s Laptops to Mine Monero

Earlier this year CCN reported on The Pirate Bay’s efforts to use visitor CPU to mine Monero ter order to monetize its traffic and substitute the ads on its pages. The torrent index webstek used Coinhive, a JavaScript code that permits webstek admins to mine the anonymity-centric cryptocurrency with visitor’s CPUs. Read More