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Hearing: Security Flaws in Obamacare Website Endanger Americans

  A panel of IT experts recommended that Americans do not use the healthcare.gov website due to security flaws that could lead to identity theft or worse.  The experts said they’ve ‘never seen anything like it’ and that it would be easy for a hacker with basic knowledge to break into the site, stealing private […]

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Bitcoin rises more than 20% over 600 before Senate hearing

As the Senate is convening it’s first hearing on ‘digital currencies’ (but specifically Bitcoin) it has surged above $600/USD which is a record high. One reason for the surge ahead of the Senate hearing could be partially fuelled by the fact that you can now buy Real Estate in China with Bitcoin: Bitcoin acceptance in […]

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Bitcoin Rises Over $500 – Is it a valid asset?

Bitcoin has breached the $500 mark as the US Congress convenes its first hearing on “Virtual Currencies.”  From Zero Hedge: Finally, for those curious what a “fair value” on Bitcoin may be, here is what we presented [13]a week ago, courtesy of Global Macro Investor’s Raoul Pal: So yes: Bitcoin is volatile. Very. That much […]

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FBI warns of U.S. government breaches by Anonymous hackers

While the NSA, CIA, and other agencies are spying on the populous, it appears that at least in some instances, the populous is spying on them as well.  But of course the populous will be held legally liable.  Activist hackers have been accessing US government computers in multiple agencies (we can assume CIA, NSA, at […]

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US & Israel computer virus threatens nuclear power plants worldwide

Eugene Kaspersky, founder of the global security and anti-virus computer software company, said today at a press conference that a friend told him an unnamed nuclear power plant in Russia has been infected by the Stuxnet virus.  This was supposedly developed to infiltrate Iran’s nuclear program, by the US and Israel.  See more about Stuxnet […]

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Bitcoin surging again

Bitcoin, an online-only currency scarcely four years old, is breaking out to new highs this week and now sports a total value of $2.8 billion.  Just a few months ago, it looked like this economic experiment as the world’s first decentralized technology-based form of money would crash and burn.  Since then, ConvergEx’s Nick Colas points […]

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Wal-Mart computer error leads to massive mispricing

$100 for a can of Lysol and computer monitors for $9 were offered at walmart.com due to a bug in their pricing algorithm.  Customers were quick to snap up bargains, some knowingly taking advantage of mispriced items hoping that Wal-Mart would honor prices as displayed.  Others purchased items for 1000% of their retail value.  So […]

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