Bitcoin mining hardware manufacturer Bitmain came under fire this week when it was revealed their firmware contained code that could remotely shut down customers mining equipment. The affected miners check in to a central server at a random interval (between 1- 11 minutes) and transmits the miner serial number, MAC address and IP address. The Antbleed site stated that “Even without Bitmain being malicious, the API is unauthenticated and would allow any MITM, DNS or domain hijack to shutdown Antminers globally.” This is the second scandal to affect Bitmain in recent weeks since Greg Maxwell revealed the company had been using "ASICboost" to give themselves an unfair mining advantage of up to 20% over their customers.
The United States Security and Exchange Commission granted the Winklevii another review of their Bitcoin ETF, which was denied during it's first review.
Police in Mumbai arrested 18 individuals involved in the MLM altcorn Onecoin, and seized four bank accounts totaling $2.6 million USD.
Juan Benet (WOT: nonperson) announced he is working on vaporware called "Interplanetary File System" or IPFS which he hopes will allow users of such flaming-tires-in-shitpits as Ethereum and Zcash to access their scamcoins from one convenient location. (archived)