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China's Baidu Plans to Place a Driverless Bus on the Road by 2018
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China's Baidu Plans to Place a Driverless Bus on the Road by 2018

China will always remain a crucial area when it comes to the future of technology. Baidu, best known for its search engine, is also experimenting with autonomous vehicles of all kinds. In a recent announcement, Baidu announced that it plans to put a driverless bus on China's roads by 2018. The company's venture into the autonomous car industry is already und…

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JP Buntinx

Android App Allows Wannabe Cybercriminals to Create Custom Ransomware
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Android App Allows Wannabe Cybercriminals to Create Custom Ransomware

Cybercriminals no longer need any coding experience to be able to make money extorting others. According to Symantec researchers, there is a new Android app spreading on Chinese underground forums allowing wannabe cybercriminals to create custom ransomware without having to write a single line of code. Creating Ransomware with an Android app The user-friendl…

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Francisco Memoria

Nearly Half of all Rakos Botnet Devices are Raspberry Pis
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Nearly Half of all Rakos Botnet Devices are Raspberry Pis

Criminals are flocking to botnets as of late, due to how much damage these nefarious creations can cause. Rakos, a rather prominent type of malware, is currently being used to build a very powerful botnet. So far, there are several thousand bots in existence. Although the numbers are not alarmingly high, this new botnet is more than capable of executing powe…

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JP Buntinx

Wells Fargo Blocks $180m in Funds Belonging to iFinex and Tether Customers
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Wells Fargo Blocks $180m in Funds Belonging to iFinex and Tether Customers

There is hardly ever a boring day in the world of cryptocurrency, and today is no different. It appears as if the Wells Fargo Bank has caused some controversy. This bank no longer allows virtual currency platform customers withdraw money. So far, close to US$180m in funds is locked up in Wells Fargo accounts, with no clear path to a resolution in sight. iFin…

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JP Buntinx

Bitcoin Mining - Retirement Plan or Missed Opportunity?
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Bitcoin Mining - Retirement Plan or Missed Opportunity?

One of the most appealing aspects of Bitcoin is the ability to create it out of thin air via a process known as “mining”. While that’s a bit of an oversimplification (earning Bitcoin is more about contributing hardware than alchemy), mining remains an incentive for getting on board with Satoshi Nakamoto’s “magic internet money” - but is mining still a feasib…

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Mark Arguinbaev