Wednesday, March 5, 2014

Richi Jennings: The PHP that shagged MtGox: Bitcoin mystery deepens

Bitcoin exchange Mt. Gox files for bankruptcy with debts of $63.6M | Bloomberg clamps down with data-access policies after scandal

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Richi Jennings: The PHP that shagged MtGox: Bitcoin mystery deepens
Something-something “LASER” something-something-something. The MtGox Bitcoin exchange is bankrupt. Not a huge surprise, but insiders are also alleging chronic incompetence within the company, flowing from the CEO, Mark Karpeles. Supposed hackers have also leaked some PHP code that appears to substantiate those allegations. But could it all be an elaborate ruse to steal customers' imaginary money? MtGox Co., Ltd. is now aiming for "civil rehabilitation" in a Tokyo District Court (similar to Chapter 11 bankruptcy protection in the U.S.). In IT Blogwatch, bloggers release the frickin’ ill-tempered, mutated sea bass. Read More


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Bitcoin exchange Mt. Gox files for bankruptcy with debts of $63.6M
Embattled Bitcoin exchange Mt. Gox is filing for bankruptcy protection with liabilities of $63.6 million. "I am deeply sorry," CEO Mark Karpeles said. "There were weaknesses in the system." Read More


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Bloomberg clamps down with data-access policies after scandal
Financial data and news company Bloomberg has developed in-house access controls and embraced several other technological fixes after it emerged last year that the company's journalists had routinely accessed data on how Wall Street clients were using the company's computer terminals. Read More

Salesforce.com CEO Benioff says company landing more big deals
Salesforce.com's rapid growth is now being fueled increasingly by large deals for its cloud software, according to CEO Marc Benioff. Read More


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