US regulator: Bitcoin exchanges must comply with money-laundering laws

Zach Copley The federal agency charged with enforcing the nation’s laws against money laundering has issued new guidelines suggesting that several parties in the Bitcoin economy qualify as Money Services Businesses under US law. Money Services Businesses (MSBs) must register with the federal government, collect information about their customers, and take steps to combat money laundering by their customers. The new guidelines do not mention Bitcoin by name, but there’s little doubt which “de-centralized virtual currency” the Financial Crimes Enforcement Network (FinCEN) had in mind when it drafted the new guidelines. A FinCEN spokesman told Bank Technology News last year that “we are aware of Bitcoin and other similar operations, and we are studying the mechanism behind Bitcoin.” America’s anti-money-laundering laws require financial institutions to collect information on potentially suspicious transactions by their customers and report these to the federal government. Among the institutions subject to these regulatory requirements are “money services businesses,” including “money transmitters.” Until now, it wasn’t clear who in the Bitcoin network qualified as a money transmitter under the law. Read 7 remaining paragraphs | Comments

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US regulator: Bitcoin exchanges must comply with money-laundering laws

Cisco switches to weaker hashing scheme, passwords cracked wide open

Password cracking experts have reversed a secret cryptographic formula recently added to Cisco devices. Ironically, the encryption type 4 algorithm leaves users considerably more susceptible to password cracking than an older alternative, even though the new routine was intended to enhance protections already in place. It turns out that Cisco’s new method for converting passwords into one-way hashes uses a single iteration of the SHA256 function with no cryptographic salt. The revelation came as a shock to many security experts because the technique requires little time and computing resources. As a result, relatively inexpensive computers used by crackers can try a dizzying number of guesses when attempting to guess the corresponding plain-text password. For instance, a system outfitted with two AMD Radeon 6990 graphics cards that run a soon-to-be-released version of the Hashcat password cracking program can cycle through more than 2.8 billion candidate passwords each second. By contrast, the type 5 algorithm the new scheme was intended to replace used 1,000 iterations of the MD5 hash function. The large number of repetitions forces cracking programs to work more slowly and makes the process more costly to attackers. Even more important, the older function added randomly generated cryptographic “salt” to each password, preventing crackers from tackling large numbers of hashes at once. Read 7 remaining paragraphs | Comments

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Cisco switches to weaker hashing scheme, passwords cracked wide open

First Ever Cellular-Level Video of a Whole Brain Working

This video is the first time scientists have ever been able to image the whole brain of a vertebrate creature in such a way that you can see individual cells and simultaneously how they’re firing and behaving in real time. This is how the brain really, really works—and it’s amazing. More »

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First Ever Cellular-Level Video of a Whole Brain Working

The 49ers’ plan to build the greatest stadium Wi-Fi network of all time

49ers CTO Kunal Malik (left) and Senior IT director Dan Williams (right) stand in front of Santa Clara Stadium. Jon Brodkin When the San Francisco 49ers’ new stadium opens for the 2014 NFL season, it is quite likely to have the best publicly accessible Wi-Fi network a sports facility in this country has ever known. The 49ers are defending NFC champions, so 68,500 fans will inevitably walk into the stadium for each game. And every single one of them will be able to connect to the wireless network, simultaneously , without any limits on uploads or downloads. Smartphones and tablets will run into the limits of their own hardware long before they hit the limits of the 49ers’ wireless network. A model of Santa Clara Stadium, with a wall painting visible in the background. Jon Brodkin Jon Brodkin Until now, stadium executives have said it’s pretty much impossible to build a network that lets every single fan connect at once. They’ve blamed this on limits in the amount of spectrum available to Wi-Fi, despite their big budgets and the extremely sophisticated networking equipment that largesse allows them to purchase. Even if you build the network perfectly, it would choke if every fan tried to get on at once—at least according to conventional wisdom. Read 69 remaining paragraphs | Comments

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The 49ers’ plan to build the greatest stadium Wi-Fi network of all time

How to Use a Gamepad for Any iOS Game (Not Just Emulators)

The iPhone and iPad are fantastic gaming devices, but unfortunately a lot of games still try to emulate gamepads with onscreen buttons on the touch screen and it just doesn’t work that well. Thankfully, a jailbreak app called Blutrol lets you turn a handful of different gamepads into controllers for any game with touchscreen buttons. Here’s how to set it up. More »

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How to Use a Gamepad for Any iOS Game (Not Just Emulators)

UAE Opens Biggest Solar Power Station In The World

The Shams Power Company opened their Shams 1 concentrated solar power station this week in Abu Dhabi. The station generates 100 MW and can power 20,000 homes while reducing CO2 emissions by 175,000 tons per year. More »

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UAE Opens Biggest Solar Power Station In The World

Compulsory upgrades to Windows 7 SP1 will start rolling out tomorrow

If you’re a Windows 7 user and you’ve been dragging your heels when it comes to that Service Pack 1 upgrade, then prepare to get an extra dose of encouragement from Microsoft. Starting tomorrow, the company will begin deploying SP1 via Windows Update to all neglected PCs, and just so you’re aware, the update won’t require your consent. The push will happen a phased rollout over the next few weeks, and as for the consequence of not upgrading, Microsoft will no longer support Windows 7 RTM as of April 9th. Naturally, PCs that are managed by system admins can be shielded from the deployment, but for everyone else, it seems that you’d best prepare for the inevitable. Filed under: Software , Microsoft Comments Via: TNW Source: Microsoft

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Compulsory upgrades to Windows 7 SP1 will start rolling out tomorrow

Next-Gen Intel Chip Brings Big Gains For Floating-Point Apps

An anonymous reader writes “Tom’s Hardware has published a lengthy article and a set of benchmarks on the new “Haswell” CPUs from Intel. It’s just a performance preview, but it isn’t just more of the same. While it’s got the expected 10-15% faster for the same clock speed for integer applications, floating point applications are almost twice as a fast which might be important for digital imaging applications and scientific computing.” The serious performance increase has a few caveats: you have to use either AVX2 or FMA3, and then only in code that takes advantage of vectorization. Floating point operations using AVX or plain old SSE3 see more modest increases in performance (in line with integer performance increases). Read more of this story at Slashdot.

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Next-Gen Intel Chip Brings Big Gains For Floating-Point Apps