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The Bitcoin Lightning Network is intended to work like a digital Hawala network; have we solved the regulation problem? (reddit.com)

Bitcoin feeds -

Reference: https://en.wikipedia.org/wiki/Hawala The idea is that once channels have been set up between entities in the network, value can be moved through these channels from one node to another. This allows two individuals to use the network to route payments. While I have no problem with that in the slightest, I have not seen a discussion about how businesses can participate given the regulations around Money Service Businesses and Money...

Ask Slashdot: Time To Get Into Crypto-currency? If So, Which?

Slashdot -

Qbertino writes: With the ever-looming cyberpunk future in close proximity, I'm starting to wonder if it isn't time to get myself familiar with crypto currency as a means of trade. Bitcoin is all the hype, but the blockchain has flaws, in that it isn't as anonymous as one would hope for — you can track past transactions. Rumors of Bitcoin showing cracks are popping up and also there are quite a few alternatives out there. So I have some questions: Is getting into dealing with crypto currency worthwhile already? Is Bitcoin the way to go, or will it falter under wide use / become easily trackable once NSA and the likes adapt their systems to doing exactly that? What digital currency has the technical and mind-share potential to supersede bitcoin? Are there feasible cryptocurrencies that have the upsides of Bitcoin (such as a mathematical limit to their amount) but are fully anonymous in transactions? What do the economists and digi-currency nerds here have to contribute on that? What are your experiences with handling and holding cryptocurrency? And does Bitcoin own the market or is it still flexible enough for an technology upgrade?

Read more of this story at Slashdot.

Swedish giant IKEA loses right to use that name in Indonesia

Boing Boing -

Due to inactivity IKEA lost its trademark to a small Indonesian manufacturer of rattan furniture. Will people be confused by their Wickerdjammar? Rattanfoljer?

International Business Times reports:

PT Ratania Khatulistiwa registered its Ikea trademark in December 2013, where Ikea is an acronym for Intan Khatulistiwa Esa Abadi, Indonesian words referring to the rattan industry, according to the AP. The company took Ikea to court when its store outside Jakarta was still under construction, and won. Ikea appealed against the lower court ruling last year, but the Supreme Court also ruled against it, the AP reported, adding that the ruling was made in May last year, but only became public knowledge after it was published on the court’s website Thursday.

Bethesda To Unleash the Hounds of Hell On May 13th: Doom Release Date Confirmed

Slashdot -

MojoKid writes: Bethesda and id Software are in the process rebooting the Doom franchise and it seems like it's been in development for ages. When we last visited the upcoming Doom remake, Bethesda had posted a giblet-filled trailer which showed some pretty impressive gameplay visuals, killer hand-to-hand combat and plenty of head stomping. However, Bethesda just clued gamers in on something that Doom fans have been anticipating for years, an actual release date. Mark your calendars for May 13th, because that's when Doom will be available for Xbox One, PlayStation 4 and of course, the PC platform. Bethesda also dropped a new campaign trailer for you to ogle.

Read more of this story at Slashdot.

New Raspberry Pi 2 Rival supports 4K Video

LXer -

A 4K monitor can be attached to Odroid-C2 through an HDMI 2.0 port. The board has ARM's latest Mali-450 MP3 GPU and a video acceleration chip that can render H.265 4K video streams at 60 frames per second... The Odroid-C2 will start shipping on March 4 with Ubuntu pre-installed, according to the company.

Neutrino Exploit Kit Has a New Way To Detect Security Researchers

Slashdot -

itwbennett writes: [The Neutrino exploit kit] is using passive OS fingerprinting to detect visiting Linux machines, according to Trustwave researchers who found that computers they were using for research couldn't make a connection with servers that delivered Neutrino. Daniel Chechik, senior security researcher at Trustwave's SpiderLabs division wrote that they tried changing IP addresses and Web browsers to avoid whatever was causing the Neutrino server to not respond, but it didn't work. But by fiddling with some data traffic that Trustwave's computers were sending to the Neutrino server, they figured out what was going on.

Read more of this story at Slashdot.

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