Tuesday, February 25, 2014

What I'm Reading Today 2/25/2014

Mt. Gox, once the world’s largest Bitcoin exchange, shuts downAs of late Monday evening, the embattled Bitcoin site Mt. Gox appears to have pulled the plug entirely in the wake of sustained DDOS attacks and the “transaction malleability” problem that has plagued other websites. The site is gone and the company’s Twitter account appears to have been erased entirely.

Related - Apparent Theft at Mt. Gox Shakes Bitcoin World - A document circulating widely in the Bitcoin world said the company had lost 744,000 Bitcoins in a theft that had gone unnoticed for years. That would be about 6 percent of the 12.4 million Bitcoins in circulation.

(Yep - Bitcoin Currency of the Future)

Oklahoma schools required to teach high school students to manage finances - Oklahoma students, effective this May, now must demonstrate an understanding in banking, taxes, investing, loans, insurance, identity theft and eight other areas to graduate. Teachers are required to certify students’ working knowledge in each area.

Why the Comcast-Netflix Pact Threatens Our Internet Future - In the complex and politically charged world of high-speed internet access, this is a landmark agreement. Traditionally, content providers like Netflix — which streams TV shows and movies over the net — have not paid for direct access to consumers who use home internet connections from ISPs like Comcast, and the move has sparked countless questions about what the arrangement means for the future of the internet, with many asking whether Comcast and other big internet providers will have too much control over what travels across the networks.

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