Category: Society

Aww, look! They think they’re people!

How a new machine could collapse the bitcoin market

Post author By Kilgoar
Post date April 1, 2013
2 Comments on How a new machine could collapse the bitcoin market

Bitcoins may soon be worth next to nothing at all.

INTERNET — New hardware designed by Butterfly Labs promises to mine bitcoins more cheaply than ever before. If you aren’t familiar with bitcoins, they are a digital currency deriving their rarity and value through advanced cryptographic algorithms. Only so many bitcoins can be “found,” and they first wind up in the hands of those with enough computing cycles to slog through the complicated math.

In the past, the price of electricity did not make bitcoin mining a profitable endeavor, but engineers at Butterfly Labs have built a line of machines specifically designed to mine more bitcoins than ever before while using a minimal amount of electricity. Thousands of these mining machines have been pre-ordered and will soon ship to eager consumers hungry to make a quick buck.

Recently, the bitcoin market has been hit with severe hyper-deflation, and this rapid increase in bitcoin value could cause trading on the market to freeze up. In the past month, the price of a bitcoin has skyrocketed from $40 to nearly $100. Analysts concerned about new mining technology warn that this bubble may soon burst.

Tom Ryan Spearheads Cyberwar on the DPRK

Post author By Jaime Cochran
Post date March 30, 2013
1 Comment on Tom Ryan Spearheads Cyberwar on the DPRK

Under Armor Spokesman, @th3j35t3r Attacks North Korea

Under the moniker @th3j35t3r, a little-known Twitter account, Tom Ryan of Provide Security is currently gearing up for cyber war with North Korea, Anonymous in tow.

After a series of test runs against mom-and-pop DPRK websites, we see Tom Ryan, aka John Tiessen, as possessing the ability to completely cripple the entire infrastructure of North Korea’s Internets. While working with OWASP on Web app exploitation, in the mid ’90’s Ryan developed — with the help of a DARPA contract and Adrian Lamo — a tool known only as XerXes, which sends “packets” to a given “serve,”, causing it to go offline temporarily. Some say it was also developed to really annoy Ron Brynaert.

This method, while not new, is very new and effective. The source code of XerXes has been hidden from the world for over two decades and far surpasses everything from WinNuke to LOIC/HOIC.

So is this a military operation? Is this what the NSA has been planning for years, General Keith Alexander at the helm? Or is this just a completely superfluous news article about something so utterly boring no one is reading?

We asked #hatesec’s Chairman of the Board Kevin Eubanks for comment, but all we got were some fucking lame jazz fusion licks instead.

Tags john tiessen, north korea, th3j35t3r, Tom Ryan

Religion

Pope taking media joke “a little too far”

Post author By Hatesec
Post date March 29, 2013
2 Comments on Pope taking media joke “a little too far”

Pope Francis grovels Thursday at the hairy feet of a sub-human Muslim girl.

Top Cardinals at the Vatican said Pope Francis is “taking that whole ‘respecting the smallest and least-fortunate’ joke a little too far.”

The move has the Vatican PR Department worried the public has finally caught on to Catholic efforts to paint the church as a sympathetic, non-child-fucking institution.

“That was supposed to be tongue in cheek, you know, to pacify the media. Now he’s washing the feet of a Muslim prisoner? This is just sick. It’s time to come on back inside, Mr. Pope, and wash your hands for a dinner of souls.” – Pope Handler Jacob Inglacius

Inglacius said he told the Pope to break tradition on the Hope and Fear campaign that launched President Obama into permanent dictatorship. Pope of Change

“We asked him to do some stuff the Pope would never do – you know, ‘Be Christlike!’ – and all that – but now I think the joke is on us. I think he wants us to look bad by acting so good. I mean, you know he’s not really like this, right? I’ve seen him play Euro Truck Simulator 2 14 hours straight.”

Chronicle religion expert Kilgoar Trout said the PR move comes as no surprise. The new Pope, Kilgoar said, is likely to go so far as take a positive stance on homosexuality – “How else is it ever going to be alright again for men of the cloth to fuck supple young altar boys?”