23 Apr '13, 6pm

Stock markets behaved pretty much like a bitcoin market under a DDoS attack today

Stock markets behaved pretty much like a bitcoin market under a DDoS attack today

When stock markets momentarily plunged today, following an erroneous tweet by the Associated Press reporting explosions at the White House , someone somewhere could have made a whole lot of money. Algorithmic trading bots react instantaneously to keywords in news reports and even tweets, which is likely why the market fell so quickly. Stocks started to recover about three minutes later but took seven minutes to return to their earlier levels. Mom-and-pop traders could hardly move in time to profit off the dip, but seven minutes is an eternity in the world of high-frequency trading, where equities are exchanged in fractions of a second. Trading bots could certainly have bought index funds at the bottom of the plunge, quickly profiting as the rest of the market realized that the AP tweet was wrong. And imagine if whoever hacked the AP’s Twitter account intended to profit fro...

Full article: http://qz.com/77423/someone-could-have-just-made-a-ton-of...

Tweets

World's largest bitcoin exchange under DDoS attack

World's largest bitcoin exchange under DDoS attack

net-security.org 22 Apr '13, 1pm

Mt.Gox, the world's largest bitcoin exchange, has been downed earlier today by what appears to be a "strong DDoS attack". ...

Yanis Varoufakis: Bitcoin and the Dangerous Fan...

nakedcapitalism.com 23 Apr '13, 9am

By Yanis Varoufakis, Professor of Economics at the University of Athens. Cross posted from his blog The Crash of 2008 has ...

Fool me once: Bitcoin exchange Mt. Gox falls af...

venturebeat.com 21 Apr '13, 9pm

For the third time this month , Bitcoin exchange Mt. Gox fell to distributed denial of service attacks (DDoS) today. Some ...

Bitcoin, Energy, And The Future Of Money

Bitcoin, Energy, And The Future Of Money

medium.com 19 Apr '13, 1pm

While it’s impossible to predict how the Bitcoin experiment will pan out, it has already succeeded by creating a decentral...

Here we go again: Top Bitcoin exchange Mt. Gox ...

thenextweb.com 21 Apr '13, 6pm

The world’s largest Bitcoin exchange Mt. Gox has once again been hit by a distributed denial of service (DDoS) attack. At ...

Here we go again: Top Bitcoin exchange Mt. Gox ...

thenextweb.com 21 Apr '13, 6pm

The world’s largest Bitcoin exchange Mt. Gox has once again been hit by a distributed denial of service (DDoS) attack. At ...

seo updates Someone is blasting links to my sit...

blackhatworld.com 22 Apr '13, 12am

Re: Someone is blasting links to my site See if his actual IP is in the email header he sent you, if it is either send him...

Intel Versus the Dwindling PC Market

Intel Versus the Dwindling PC Market

spectrum.ieee.org 23 Apr '13, 12pm

Paul Otellini, Intel's outgoing CEO and a 40-year veteran of the company, gave his last earnings call last week. And the r...

Coming this year: the biggest domain registrar ...

domainnamewire.com 23 Apr '13, 2pm

Coming this year: the biggest domain registrar phishing attack ever Tuesday, April 23rd, 2013 New RAA satisfies boneheaded...

Could Bitcoin be the money of the future?

Could Bitcoin be the money of the future?

detlevschlichter.com 23 Apr '13, 10am

The same has, in fact, happened in the case of paper money. The paper notes that are used as money today did not start the...

Twitter AP Account Whitehouse Hack Leads To Two-Factor Security

Twitter AP Account Whitehouse Hack Leads To Two...

seroundtable.com 24 Apr '13, 12pm

I am sure you all know that at around noon yesterday, the Associated Press had their Twitter account hacked by Syrian hack...

Bitcoin Exchange Halts, Citing Risk, As Bank Cl...

paymentssource.com 19 Apr '13, 7pm

Possibly viewing Bitfloor, a popular Bitcoin exchange, as a risky money transmitting business, Capital One Financial Corp....

DDOS Strikes BitCoin Exchange Mt. Gox:

theregister.co.uk 22 Apr '13, 5am

Bitcoin exchange Mt.Gox has been attacked and its servers briefly taken offline. The service confirmed the attack at 2:00 ...

@yanisvaroufakis

yanisvaroufakis.eu 22 Apr '13, 3pm

First, deflation is unavoidable in the bitcoin community because the maximum supply of bitcoins is fixed to 21 million bit...

Bitcoin Was the 'Victim of Its Own Success,' Not DDOS Attack

Bitcoin Was the 'Victim of Its Own Success,' No...

mashable.com 11 Apr '13, 8am

Bitcoin , the world's most popular virtual currency, yesterday took a huge nosedive — from its all-time-high of $265 to as...