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Tag Archives | china

Dashuhua

The dangerous tradition of Dashuhua has been practiced by blacksmiths as part of the Lantern festival for over 500 years. It involves throwing scraps of molten iron towards the bricks of the city gate, resulting in a fiery visual spectacle. Hat Tip Link Continue Reading from the Source

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Chinese company gives Tesla Model S sedans as bonus

Filed under: Green, Tesla, China, Electric You may have gotten a sweet year-end bonus, but was it Tesla-Model-S sweet? Dozens of employees at WiFi Skeleton Key are being rewarded with a new electric car from the Californian automaker. Continue reading Chinese company gives Tesla Model S sedans as bonus Chinese company gives Tesla Model S [...]

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Powering a Lantern Festival

CAT’s #BuiltForIT trials put their down their Jenga blocks for a minute and did something really cool to show off their gear, powering a massive lantern festival in a remote Chinese village using just a single one of their generators. Link Continue Reading from the Source

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Darwin strikes another bitcoin exchange as China’s BTER loses $1.75M in cold wallet hack

Another week, another bitcoin exchange hack. The latest in the long list of breaches occurred at China’s BTER exchange, which has lost 7,170 bitcoin (valued at ~$1.75 million at today’s exchange rates) via an apparent hack to its cold wallet system. The company is offering a 720 BTC (~$170,000) reward for information leading to the [...]

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Robin Hoods, of sorts: Hackers steal at least $300M from banks around the world

How’s this for a bank heist? Kaspersky Labs reports that hackers from Russia, China, and Europe have stolen at least $300 million from more than 100 banks across 30 countries through fraudulent transfers, malfunctioning ATMs, and other methods. Banks in Russia were targeted the most often, but the hackers are said to have also stolen from [...]

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Audi and Mercedes both outsell BMW in January

Filed under: Earnings/Financials, Audi, BMW, Mercedes-Benz, China January wasn’t a friend to BMW, as the company’s sales increase lagged behind those of its chief rivals, Mercedes-Benz and Audi. Continue reading Audi and Mercedes both outsell BMW in January Audi and Mercedes both outsell BMW in January originally appeared on Autoblog on Tue, 10 Feb 2015 [...]

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The phishers have arrived, look to profit from Anthem’s data breach

Criminals might benefit from Anthem’s data breach after all. Phishers have started contacting Anthem customers with emails and phone-calls purporting to be from the company, within hours of the breach being reported. Here’s what the company says about the phishing attempts on its website: Members who may have been impacted by the cyber attack against Anthem, should be aware [...]

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Hong Kong bitcoin exchange MyCoin believed to be a $386M ponzi scheme

It’s been just two weeks since the bitcoin ecosystem celebrated news of the first regulated United States bitcoin exchange, launched by Coinbase. Today, the industry is once again being reminded just how important this level of oversight and scrutiny can be. The South China Morning Post reports that Hong Kong’s MyCoin exchange has shut down, taking [...]

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Vice takes Snapchat users on a tour of a secretive Chinese bitcoin mine

Two of the biggest forces in tech today, Snapchat and Bitcoin, have collided thanks to an experiment by one of the most provocative companies in media, Vice. The New York City-based news group announced today that it would use Snapchat’s new Discover feature to debut a short film made inside a Chinese bitcoin mining operation. [...]

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China may have hacked Anthem to snoop on government officials and defense contractors

The data breach at the nation’s second-largest health insurer might not have been motivated by the financial benefits of stealing information about millions of people. Bloomberg reports it might actually have been another in a series of hacks by state-sponsored Chinese attackers meant to collect data about politicians and defense contractors. In this case the [...]

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