Raspberry Pi devices transformed into cryptocurrency miners by Linux malware


The words "Linux" and "malware" don’t tend to belong in the same sentence, but a new strain called Linux.MulDrop.14 is infecting Raspberry Pi devices. Infected machines are used to mine cryptocurrency for the malware's author, and it take advantage of poor security to generate money from nothing.
The good news is that the malware is fairly simple, and its spread is dependent on the laziness of Pi owners.
Bitcoin price surges after Trump's victory


The world is still reeling from the outcome of the US elections, where Donald Trump came out on top against Hillary Clinton to become the 45th President of America.
Financial markets around the world have been affected by the shocking and unexpected news and the notoriously unpredictable digital currency Bitcoin is no exception, with prices close to hitting a 35-month high against the pound amidst investor uncertainty.
$72 million Bitcoin theft from Bitfinex exchange causes cryptocurrency price plunge


The theft of 119,756 Bitcoin from the Bitfinex exchange has seen the price of the cryptocurrency plummet by 23 percent. In what has been described as the second biggest Bitcoin theft after MtGox, $72 million worth of Bitcoins vanished from user's accounts.
It seems that Bitfinex suffered a massive security breach when it was hit by hackers who started to filter money out of segregated wallets. Despite the hack, the exchange says that this incident doesn’t "expose any weaknesses in the security of a blockchain".
Bitcoin is not money, it's property


What's the first word that pops into your head when you hear Bitcoin? It's probably cryptocurrency, but a judge in Florida says this is wrong -- it's actually property.
In a case relating to alleged money laundering, Judge Teresa Pooler ruled that the charges could not stick as Bitcoin was not money, and therefore could not be laundered. With the decision that Bitcoin cannot be considered a 'monetary instrument', this could have implications for future cases.
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