The US just took down one of the larger online crime organizations in recent memory — certainly one of the largest prosecuted by the feds. Department of Justice officials have filed charges against 36 people allegedly involved with Infraud Organization (no really, that’s the name), a global cybercrime ring with roots in the US as well as numerous other countries. Combined, the group is believed to have trafficked in stolen financial data (including up to 4 million cards), identities and contraband worth over $530 million in losses. And that’s what they actually managed to accomplish. Reportedly, they hoped to inflict a total of $2.2 billion in damage. Law enforcement has only arrested 13 of the members so far, five of which are from the US and only one of which (Sergei Medvedev) is considered top brass. Ukraine resident Svyatoslav Bondarenko, who’s believed to have founded Infraud back in 2010, isn’t one of them. And while there are just five suspects still at large, the actual membership is considerably deeper with 10, 901 registered members as of March 2017. The Americans involved with Infraud have already appeared in court, and they could face more than 30 years in prison if they’re found guilty. This is unlikely to dissuade other groups — Infraud wasn’t the first big cybercrime ring, and probably won’t be the last. Nonetheless, the scale suggests this should put at least a temporary dent in digital fraud. Via: CNET Source: Department of Justice
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America’s Fastest Spy Plane May Be Back — And Hypersonic
A Lockheed Skunk Works executive implied last week at an aerospace conference that the successor to one of the fastest aircraft the world has seen, the SR-71 Blackbird, might already exist. Previously, Lockheed officials have said the successor, the SR-72, could fly by 2030. Bloomberg reports: Referring to detailed specifics of company design and manufacturing, Jack O’Banion, a Lockheed vice president, said a “digital transformation” arising from recent computing capabilities and design tools had made hypersonic development possible. Then — assuming O’Banion chose his verb tense purposely — came the surprise. “Without the digital transformation, the aircraft you see there could not have been made, ” O’Banion said, standing by an artist’s rendering of the hypersonic aircraft. “In fact, five years ago, it could not have been made.” Hypersonic applies to speeds above Mach 5, or five times the speed of sound. The SR-71 cruised at Mach 3.2, more than 2, 000 mph, around 85, 000 feet. “We couldn’t have made the engine itself — it would have melted down into slag if we had tried to produce it five years ago, ” O’Banion said. “But now we can digitally print that engine with an incredibly sophisticated cooling system integral into the material of the engine itself and have that engine survive for multiple firings for routine operation.” The aircraft is also agile at hypersonic speeds, with reliable engine starts, he said. A half-decade before, he added, developers “could not have even built it even if we conceived of it.” Read more of this story at Slashdot.
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America’s Fastest Spy Plane May Be Back — And Hypersonic
Dutch Utility Plans Massive Wind Farm Island In North Sea
An anonymous reader quotes a report from The Guardian: Britain’s homes could be lit and powered by wind farms surrounding an artificial island deep out in the North Sea, under advanced plans by a Dutch energy network. The radical proposal envisages an island being built to act as a hub for vast offshore wind farms that would eclipse today’s facilities in scale. Dogger Bank, 125km (78 miles) off the East Yorkshire coast, has been identified as a potentially windy and shallow site. The power hub would send electricity over a long-distance cable to the UK and Netherlands, and possibly later to Belgium, Germany, and Denmark. TenneT, the project’s backer and Dutch equivalent of the UK’s National Grid, recently shared early findings of a study that said its plan could be billions of euros cheaper than conventional wind farms and international power cables. The sci-fi-sounding proposal is sold as an innovative answer to industry’s challenge of continuing to make offshore wind cheaper, as turbines are pushed ever further off the coast to more expensive sites as the best spots closer to land fill up. Read more of this story at Slashdot.
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Dutch Utility Plans Massive Wind Farm Island In North Sea
Coinbase Adds Support For Bitcoin Cash
Popular digital exchange Coinbase has announced support for Bitcoin Cash. “Bitcoin Cash was created by a fork on August 1st, 2017, ” a blog post reads. “All customers who held a Bitcoin balance on Coinbase at the time of the fork will now see an equal balance of Bitcoin Cash available in their Coinbase account. Your Bitcoin Cash balance will reflect your Bitcoin balance at the time of the Bitcoin Cash Fork, which occurred at 13:20 UTC, August 1, 2017.” The recent announcement has disrupted the markets. Bitcoin has dropped 12 percent, with the other two cryptocurrencies supported via Coinbase not faring too well either. Read more of this story at Slashdot.
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Coinbase Adds Support For Bitcoin Cash
Every iPhone X Is Not Created Equal
According to a PC Magazine report that uses data from Cellular Insights, the Qualcomm-powered iPhone X has better LTE performance than the Intel-powered model. From the report: There are three iPhone X models sold globally. Using lab equipment, Cellular Insights tested two of them: the Qualcomm-powered A1865, sold by Sprint, Verizon, and U.S. Cellular and in Australia, China, and India; and the Intel-powered A1901, sold by most other global carriers including AT&T and T-Mobile. (The third model, A1902, is only sold in Japan.) Here in the U.S., we anticipate that the SIM-free model sold directly by Apple will be the A1865, as that’s the model that supports all four U.S. carriers. For this test, Cellular Insights looked at performance on LTE Band 4, which is used by every major U.S. carrier except Sprint, as well as in Canada and parts of Latin America. Cellular Insights attenuated an LTE signal from a strong -85dBm until the modems showed no performance. While both modems started out with 195Mbps of download throughput on a 20MHz carrier, the Qualcomm difference appeared quickly, as the Intel modem dropped to 169Mbps at -87dBm. The Qualcomm modem took an additional -6dBm of attenuation to get to that speed. Most consumers will feel the difference in very weak signal conditions, where every dBm of signal matters, so we zoomed in on that in the chart below. At very weak signal strength, below -120dBm, the Qualcomm modem got speeds on average 67 percent faster than the Intel modem. The Intel modem finally died at -129dBm and the Qualcomm modem died at -130dBm, so we didn’t find a lot of difference in when the modems finally gave out. Read more of this story at Slashdot.
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Every iPhone X Is Not Created Equal
First Mass-Produced Electric Truck Unveiled
AmiMoJo shares a report from NHK WORLD: Japan’s Mitsubishi Fuso Truck and Bus has unveiled what it says is the world’s first mass-produced electric truck, as automakers around the world go all out to develop cars that run on battery power. The vehicle can carry about 3 tons of cargo and travel about 100 kilometers on a single charge. The truck, unveiled on Thursday, will be used by Japan’s largest convenience store chain, Seven-Eleven. Seven-Eleven President Kazuki Furuya says some people complain about the noise delivery vehicles make, and says he is very impressed at how quiet the electric truck is. Read more of this story at Slashdot.
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First Mass-Produced Electric Truck Unveiled
‘World of Warcraft’ Game Currency Now Worth More Than Venezuelan Money
schwit1 quotes TheBlaze: Digital gold from Blizzard’s massive multiplayer online game “World of Warcraft” is worth more than actual Venezuelan currency, the bolivar, according to new data. Venezuelan resident and Twitter user @KalebPrime first made the discovery July 14 and tweeted at the time that on the Venezuela’s black market — now the most-used method of currency exchange within Venezuela according to NPR — you can get $1 for 8493.97 bolivars. Meanwhile, a “WoW” token, which can be bought for $20 from the in-game auction house, is worth 8385 gold per dollar. According to sites that track the value of both currencies, KalebPrime’s math is outdated, and WoW gold is now worth even more than the bolivar. That tweet has since gone viral, prompting @KalebPrime to joke that “At this rate when I publish my novel the quotes will read ‘FROM THE GUY THAT MADE THE WOW GOLD > VENEZUELAN BOLIVAR TWEET.'” Read more of this story at Slashdot.
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‘World of Warcraft’ Game Currency Now Worth More Than Venezuelan Money
Wind, Solar Surpassed 10 Percent of US Electricity In March, Says EIA
According to the Energy Department’s Energy Information Administration, wind and solar produced 10 percent of the electricity generated in the U.S. for the first time in March. The Hill reports: The Energy Information Administration’s (EIA) monthly power report for March found that wind produced 8 percent of the electricity produced in the U.S. that month, with solar producing 2 percent. The two sources combined to have their best month ever in terms of percentage of overall electricity production, EIA said. The agency expects the two sources topped 10 percent again in April but forecasts that their generation will fall below that mark during the summer months. Due to the way geographic wind patterns affect the generation of electricity, the two sources typically combine for their best months in the spring and fall. Annually, wind and solar made up 7 percent of electric generation in 2016, EIA said. Read more of this story at Slashdot.
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Wind, Solar Surpassed 10 Percent of US Electricity In March, Says EIA
Trump Wants To Modernize Air Travel By Turning Over Control To the Big Airlines
An anonymous reader quotes a report from The Verge: Today, President Donald Trump endorsed a plan to hand over oversight of the nation’s airspace to a non-profit corporation that will likely be largely controlled by the major airlines. Republicans argue that privatizing air traffic control will help save money and fast track important technological upgrades. But Democrats and consumer groups criticize that plan as a corporate giveaway that will inevitably harm passengers. The air traffic reform proposal, which fell short in Congress last year, would transfer oversight from the Federal Aviation Administration (FAA) to a government-sanctioned, independent entity that would be made up of appointees from industry stakeholders. The effort picked up steam when the union representing air traffic controllers endorsed the plan, citing years of understaffing by the FAA. Some passengers may balk at the idea of handing over day-to-day management of the nation’s highly complex air traffic control system to the same companies that rack up tens of thousands of customer complaints a year, and occasionally physically assault or drag passengers off their planes. But the Trump administration argues this is the only way to modernize a system that still runs on technology that’s been around since World War II. The FAA is already years into a technology upgrade known as NextGen, which involves moving from the current system based on radar and voice communications to one based on satellite navigation and digital communications. The FAA wants to use GPS technology to shorten routes, save time and fuel, and reduce traffic delays by increasing capacity. Read more of this story at Slashdot.
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Trump Wants To Modernize Air Travel By Turning Over Control To the Big Airlines
Bitcoin Surges 10% To All-Time High Above $2,700, Has Now Doubled in May
An anonymous reader writes: In another intraday jump of more than $200, bitcoin surged to a record Thursday on strong Asian demand overnight. Bitcoin jumped more than 10 percent to an all-time high of $2, 752.07, more than twice its April 30 price of $1, 347.96 according to CoinDesk. The digital currency last traded near $2, 726. At Thursday’s record, Bitcoin has now gained more than 45 percent since last Thursday and more than 180 percent for the year so far. “There is no question that we are in the middle of a price frenzy, ” said Brian Kelly of BKCM, in a note to clients Thursday. “There will be a correction and it could be severe, but it’s unclear if that correction will start from current prices of $2700 or from some place much higher.” Read more of this story at Slashdot.
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Bitcoin Surges 10% To All-Time High Above $2,700, Has Now Doubled in May