Futures Trader Arrested For Causing 2010 ‘Flash Crash’

New submitter dfsmith writes: Apparently the “Flash Crash” of the stock market in May 2010 was perpetrated by a futures trader in the UK. The US Justice Department alleges that he used a “dynamic layering scheme” of large-volume sell orders to confuse other buyers, hence winning big in his futures trades. “By allegedly placing multiple, simultaneous, large-volume sell orders at different price points—a technique known as ‘layering’—Sarao created the appearance of substantial supply in the market. As part of the scheme, Sarao allegedly modified these orders frequently so that they remained close to the market price, and typically canceled the orders without executing them. When prices fell as a result of this activity, Sarao allegedly sold futures contracts only to buy them back at a lower price. Conversely, when the market moved back upward as the market activity ceased, Sarao allegedly bought contracts only to sell them at a higher price.” Read more of this story at Slashdot.

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Futures Trader Arrested For Causing 2010 ‘Flash Crash’

3.46-Billion-Year-Old ‘Fossils’ Were Not Created By Life Forms

sciencehabit writes: What are the oldest fossils on Earth? For a long time, a 3.46-billion-year-old rock from Western Australia seemed to hold the record. A 1993 Science paper (abstract) suggested that the Apex chert contained tiny, wormy structures that could have been fossilized cell walls of some of the world’s first cyanobacteria. But now there is more evidence that these structures have nothing to do with life. The elongated filaments were instead created by minerals forming in hydrothermal systems, researchers report (abstract). After the minerals were formed, carbon glommed on to the edges, leaving behind an organic signature that looked suspiciously like cell walls. Read more of this story at Slashdot.

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3.46-Billion-Year-Old ‘Fossils’ Were Not Created By Life Forms

Newly discovered frog species looks a lot like Kermit the Frog

We’ve found Kermit the Frog in real life and it’s a species of glassfrog just recently discovered called Hyalinobatrachium dianae in Costa Rica. It’s bright green just like Kermit, has big white adorable eyeballs just like Kermit and the males have a very unique mating call… just like Kermit, I guess? Anyway, the resemblance is uncanny. Read more…

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Newly discovered frog species looks a lot like Kermit the Frog

Now You Can Download Your Google History—Or Better Yet, Delete It

You can now download your entire Google search history to your computer. Sound neat? That’s what I thought at first. And then I realized there were dangerous things in my search history—things way worse than my taste in porn. Read more…

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Now You Can Download Your Google History—Or Better Yet, Delete It

This Is What 170-Year-Old Champagne From a Shipwreck Tasted Like 

In 2010, divers rescued some amazingly old alcohol from a shipwreck off the coast of Finland. They’ve already published some detailed tasting notes about the beer —but now they’ve carried out an in-depth analysis of the champagne. Read more…

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This Is What 170-Year-Old Champagne From a Shipwreck Tasted Like 

New Dark Web Market Is Selling Zero-Day Exploits

Sparrowvsrevolution writes Over the last month, a marketplace calling itself TheRealDeal Market has emerged on the dark web, with a focus on sales of hackers’ zero-day attack methods. Like the Silk Road and its online black market successors like Agora and the recently defunct Evolution, TheRealDeal runs as a Tor hidden service and uses bitcoin to hide the identities of its buyers, sellers, and administrators. But while some other sites have sold only basic, low-level hacking tools and stolen financial details, TheRealDeal’s creators say they’re looking to broker premium hacker data like zero-days, source code, and hacking services, often offered on an exclusive, one-time sale basis. Currently an iCloud exploit is being offered for sale on the site with a price tag of $17, 000 in bitcoin, claiming to be a new method of hacking Apple iCloud accounts. “Any account can be accessed with a malicious request from a proxy account, ” reads the description. “Please arrange a demonstration using my service listing to hack an account of your choice.” Others include a technique to hack WordPress’ multisite configuration, an exploit against Android’s Webview stock browser, and an Internet Explorer attack that claims to work on Windows XP, Windows Vista and Windows 7, available for around $8, 000 in bitcoin. None of these zero days have yet been proven to be real, but an escrow system on the site using bitcoin’s multisignature transaction feature is designed to prevent scammers from selling fake exploits. Read more of this story at Slashdot.

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New Dark Web Market Is Selling Zero-Day Exploits

New PCIe SSDs Load Games, Apps As Fast As Old SATA Drives

crookedvulture writes Slashdot has covered a bunch of new PCI Express SSDs over the past month, and for good reason. The latest crop offers much higher sequential and random I/O rates than predecessors based on old-school Serial ATA interfaces. They’re also compatible with new protocols, like NVM Express, which reduce overhead and improve scaling under demanding loads. As one might expect, these new PCIe drives destroy the competition in targeted benchmarks, hitting top speeds several times faster than even the best SATA SSDs can muster. The thing is, PCIe SSDs don’t load games or common application data any faster than current incumbents—or even consumer-grade SSDs from five years ago. That’s very different from the initial transition from mechanical to solid-state storage, where load times improved noticeably for just about everything. Servers and workstations can no doubt take advantage of the extra oomph that PCIe SSDs provide, but desktop users may struggle to find scenarios where PCIe SSDs offer palpable performance improvements over even budget-oriented SATA drives. Read more of this story at Slashdot.

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New PCIe SSDs Load Games, Apps As Fast As Old SATA Drives

Tech vs. terror: Drones and data fight a new battle against poachers

When night falls, danger unfolds at the uMkhuze Game Reserve. And while some of the world’s most deadly predators—ranging in size from hyenas to lions—coexist next to African elephants, giraffes, and more within this massive, 140 square mile natural area, they aren’t the only creatures out hunting at night. This particular section of the iSimangaliso Wetland Park in KwaZulu-Natal, South Africa plays host to one of the country’s most profitable, albeit illegal, industries: poaching. In Africa, it’s a $70 billion business. Organized crime rings dabbling in poaching often carry ties to other smuggling industries like narcotics and weapons; some even connect with terrorist organizations. In this specific target area, rhinos most often land in the criminal crosshairs, with over 3,800 killed in South Africa alone over the past seven years. Their horns allegedly sell for $65,000 per kilogram as poachers look to profit from ivory and rhino horn powder. On the evening of November 4, 2014, two poaching suspects entered the reserve. One carried a .458 caliber rifle outfitted with a silencer. A cane knife—a long, machete-like tool used for harvesting—may have also been involved. Nearly 80 rhinos had been poached already that year; more seemed destined for the tally. But by chance, four park rangers noticed suspicious movement while on foot patrol that evening. A firefight ensued. Read 30 remaining paragraphs | Comments

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Tech vs. terror: Drones and data fight a new battle against poachers

Facebook Working To Weed Out Fake Likes

jfruh writes In the early days of brands on Facebook, it was crucial for companies to garner as many “likes” as possible to boost their image, and that led to some unethical businesses selling likes that came from fake accounts. Now Facebook is informing brands that they’re working to root out fake likes, leaving like counts lower but realer. Now if only I could get my relatives to stop clicking on pictures that say they like puppies and are against cancer. Read more of this story at Slashdot.

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Facebook Working To Weed Out Fake Likes

This Is the First 3D-Printed Part That’s Approved for a Jet Engine

3D printing has just reached another major milestone as the U.S. Federal Aviation Administration has officially approved GE’s T25 as the first 3D printed part cleared for use on a commercial jet engine . Read more…

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This Is the First 3D-Printed Part That’s Approved for a Jet Engine