Bitcoin Circulation Hits Record High Of $14 Billion

Bitcoin, the digital currency that most people have never actually used, has hit a record value of $14 billion after jumping 5 percent on Thursday. From a report on The Guardian: The price of one bitcoin reached $875 on the Europe-based Bitstamp exchange, its strongest level since January 2014, putting the cryptocurrency on track for its best daily performance in six months. That compared with levels around $435 at the start of the year, with many experts linking bitcoin’s rise with the steady depreciation of the Chinese yuan, which has slid almost 7% in 2016. Data shows the majority of bitcoin trading is done in China, so any increase in demand from there tends to have a significant impact on the price. Read more of this story at Slashdot.

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Bitcoin Circulation Hits Record High Of $14 Billion

Russians Used Malware On Android Devices To Track and Target Ukraine Artillery, Says Report

schwit1 quotes a report from Reuters: A hacking group linked to the Russian government and high-profile cyber attacks against Democrats during the U.S. presidential election likely used a malware implant on Android devices to track and target Ukrainian artillery units from late 2014 through 2016, according to a new report released Thursday. The malware was able to retrieve communications and some locational data from infected devices, intelligence that would have likely been used to strike against the artillery in support of pro-Russian separatists fighting in eastern Ukraine, the report from cyber security firm CrowdStrike found. The hacking group, known commonly as Fancy Bear or APT 28, is believed by U.S. intelligence officials to work primarily on behalf of the GRU, Russia’s military intelligence agency. The implant leveraged a legitimate Android application developed by a Ukrainian artillery officer to process targeting data more quickly, CrowdStrike said. Its deployment “extends Russian cyber capabilities to the front lines of the battlefield, ” the report said, and “could have facilitated anticipatory awareness of Ukrainian artillery force troop movement, thus providing Russian forces with useful strategic planning information.” Read more of this story at Slashdot.

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Russians Used Malware On Android Devices To Track and Target Ukraine Artillery, Says Report

LibreOffice Will Have New ‘MUFFIN’ UI

New submitter iampiti writes: The Document Foundation has announced a new user interface concept for LibreOffice. Users will be able to choose from several toolbar configurations including the “Notebook bar” which is similar to Microsoft Office’s ribbon. According to TDF, “The MUFFIN (My User Friendly — Flexible Interface) represents a new approach to UI design, based on the respect of user needs rather than on the imposition of a single UI to all users” Read more of this story at Slashdot.

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LibreOffice Will Have New ‘MUFFIN’ UI

Russian Hackers Stole $5 Million Per Day From Advertisers With Bots and Fake Websites

Russian hackers have used fake websites and bots to steal millions of dollars from advertisers. According to researchers, the fraud has siphoned more than $180 million from the online ad industry. CNNMoney reports: Dubbed “Methbot, ” it is a new twist in an increasingly complex world of online crime, according to White Ops, the cybersecurity firm that discovered the operation. Methbot, so nicknamed because the fake browser refers to itself as the “methbrowser, ” operates as a sham intermediary advertising ring: Companies would pay millions to run expensive video ads. Then they would deliver those ads to what appeared to be major websites. In reality, criminals had created more than 250, 000 counterfeit web pages no real person was visiting. White Ops first spotted the criminal operation in October, and it is making up to $5 million per day — by generating up to 300 million fake “video impressions” daily. According to White Ops, criminals acquired massive blocks of IP addresses — 500, 000 of them — from two of the world’s five major internet registries. Then they configured them so that they appeared to be located all over the United States. They built custom software so that computers (at those legitimate data centers) acted like real people viewing those ads. These “people” even appeared to have Facebook accounts (they didn’t), so that premium ads were served. Hackers fooled ad fraud blockers because they figured out how to build software that mimicked a real person who only surfed during the daytime — using the Google Chrome web browser on a Macbook laptop. Read more of this story at Slashdot.

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Russian Hackers Stole $5 Million Per Day From Advertisers With Bots and Fake Websites

Barnes & Noble’s Latest Tablet Is Running Spyware From Shanghai

Long-time Slashdot reader emil writes about how ADUPS, an Android “firmware provisioning” company specializing in both big data collection of Android usage and hostile app installation and/or firmware control, has been found pre-loaded on Barnes and Noble’s new $50 tablet: ADUPS was recently responsible for data theft on BLU phones and an unsafe version of the ADUPS agent is pre-loaded on the Barnes and Noble BNTV450. ADUPS’ press releases claim that Version 5.5 of their agent is safe, but the BNTV450 is running 5.2. The agent is capable of extracting contacts, listing installed apps, and installing new apps with elevated privilege. Azzedine Benameur, director of research at Kryptowire, claims that “owners can expect zero privacy or control while using it.” Read more of this story at Slashdot.

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Barnes & Noble’s Latest Tablet Is Running Spyware From Shanghai

Uber Lost $800 Million In Third Quarter

According to a report from The Information (Warning: paywalled), Uber has lost more than $800 million in the third quarter. CNBC reports: The results, The Information reported, put Uber on pace to record an 25 percent steeper operating loss than last year, of at least $2.8 billion in 2016, before interest, tax, depreciation and amortization. Despite steep results from one of the world’s most valuable start-ups, these results would have been worse if not for a one-time windfall thanks to the sale of Uber’s China business to Didi Chuxing, The Information reported. On the bright side, Uber’s revenue is skyrocketing, and its rate of losses slowed from the prior quarter, The Information said. Still, the report comes as Uber’s multi-billion dollar valuation has come under scrutiny from those who say its business model depends on subsidies and faces looming battles over regulation. Read more of this story at Slashdot.

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Uber Lost $800 Million In Third Quarter

Nigerian Man Charged in Hacking of Los Angeles County Emails

A ‘mere’ 10.8% phishing success rate has forced Los Angeles County to notify approximately 756, 000 individuals that their personal information may have been compromised. The attack occurred on May 13, 2016 when 1, 000 County employees received phishing emails. 108 employees were successfully phished. A Nigerian national has been charged in connection with the hack. From a report on The Guardian: Many large organizations would welcome a 10% success rate in their internal anti-phishing training sessions, with 30% and above being common. The 2016 Verizon DBIR suggests that 30% of all phishing emails are opened. The high number of individuals affected from a relatively low number of successes in LA County demonstrates how dangerous phishing attacks can be. The nature of the potentially compromised information is also concerning. “That information may have included first and last names, dates of birth, Social Security numbers, driver’s license or state identification numbers, payment card information, bank account information, home addresses, phone numbers, and/or medical information, such as Medi-Cal or insurance carrier identification numbers, diagnosis, treatment history, or medical record numbers, ” said the County of Los Angeles Chief Executive Office in a statement. Read more of this story at Slashdot.

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Nigerian Man Charged in Hacking of Los Angeles County Emails

China Chokes On Smog So Bad That Planes Can’t Land

Major cities across northern China choked Monday under a blanket of smog so thick that industries were ordered shut down and air and ground traffic was disrupted. From a report: At least 23 cities issued red alerts for a swath of pollution that has hovered over much of the nation since Friday, China’s Xinhua news agency reported. Alerts are expected to remain in effect through Wednesday. Hospitals set emergency procedures in motion to deal with an influx of breathing-related illnesses. Large hospitals in the port city of Tianjin, less than 100 miles southeast of Beijing, saw a surge in asthma and other respiratory issues, China’s People’s Daily reported. The pollution forced the city to close the highways and caused delays and cancellations for dozens of flights, Xinhua said. Read more of this story at Slashdot.

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China Chokes On Smog So Bad That Planes Can’t Land

Yahoo’s Billion-User Database Reportedly Sold On the Dark Web for Just $300,000 – NYT

An anonymous reader writes: As if 2016 wasn’t shitty enough for Yahoo — which admitted to two separate breaches that saw 500 million users’ and then 1 billion users’ details stolen by hackers — the New York Times reports that a billion-user database was sold on the Dark Web last August for $300, 000. That’s according to Andrew Komarov, chief intelligence office at security firm InfoArmor. He told NYT that three buyers, including two prominent spammers and another who might be involved in espionage tactics purchased the entire database at the aforementioned price from a hacker group believed to based in Eastern Europe. It’s lovely to know that it only costs $300, 000 to be able to threaten a billion people’s online existence — which means each account is only worth $0.0003 to hackers who can ruin your life online in a matter of minutes. Yahoo also doesn’t yet know who made off with all the data from the attack in 2013, which is said to be the largest breach of any company ever. Read more of this story at Slashdot.

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Yahoo’s Billion-User Database Reportedly Sold On the Dark Web for Just $300,000 – NYT

Amazon Is Secretly Building an ‘Uber For Trucking’ App, Setting Its Sights On a Massive $800 Billion Market

Amazon is building an app that matches truck drivers with shippers, a new service that would deepen its presence in the $800 billion trucking industry, a person with direct knowledge of the matter told Business Insider. From the report: The app, scheduled to launch next summer, is designed to make it easier for truck drivers to find shippers that need goods moved, much in the way Uber connects drivers with riders. It would also eliminate the need for a third-party broker, which typically charges a commission of about 15% for doing the middleman work. The app will offer real-time pricing and driving directions, as well as personalized features such as truck-stop recommendations and a suggested “tour” of loads to pick up and drop off. It could also have tracking and payment options to speed up the entire shipping process. Read more of this story at Slashdot.

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Amazon Is Secretly Building an ‘Uber For Trucking’ App, Setting Its Sights On a Massive $800 Billion Market