A Group Of Miners Has Exposed One Of Bitcoin's Fatal Flaws

Lots of people believe Bitcoin is impregnable. 

Yesterday showed it may not be.

GHash.io, the world's largest collective of bitcoin miners, gained control of more than 42% of all of the computer processing that powers the Bitcoin network. (Because of the expense now involved for a single miner to create bitcoin, lots of people now pool their computing power.) 

It's the first time they came close controlling more than 50% of the entire network. Were that 50% threshold ever crossed, a host of problems have the potential to occur. We'll get to what those are in a moment...

Target: Hacking hit 70 million customers

The data breach at Target was significantly broader than originally reported: The company said Friday that 70 million customers had information such as their name, address, phone number and e-mail address hacked in the breach.

Target said the personal data stolen could affect its past shoppers -- not just those who have visited the store recently...

Google Maps Mistakenly Labels Berlin Square After Hitler

Google lets anybody suggest changes to its maps, and on January 2, an anonymous user suggested that Theodor-Heuss square in Berlin shouldn’t be named after Germany’s first federal president but after Adolf Hitler...

Facebook Sponsored Stories will be removed from the site on April 9th

Facebook has just announced that it'll be phasing out its controversial Sponsored Stories ad units as of April. While the company did confirm it was planning to drop Sponsored Stories back in June, we now have a date for when the ads will actually disappear from the site...