Fired Microsoft Geek Allegedly Stole $10 Million With a Bitcoin Mixer

Ex Microsoft employee Volodymyr Kvashuk was arrested this week amid allegations of digital currency theft to the tune of $10 million. U.S. attorneys for the Western District of Washington suspect the Ukrainian-born resident used a Bitcoin mixer to cover up his tracks. Kvashuk, who was in charge of the companies online sales platform, was entrusted …

Streaming ‘Changed Everything’ in Music – Gaming’s Next

By CCN Markets: Ten-time Grammy award winner John Legend recently appeared on CNBC to discuss how Spotify, Apple Music, and other streaming services have completely upended the music industry. His comments portend the market-shattering disruption that awaits the gaming industry once it undergoes its own streaming revolution. John Legend Says Streaming Has Changed ‘Everything’ It’s …

PlayStation Team Shocked by Sony’s Game-Changing Deal with Microsoft

By CCN: According to Bloomberg sources, the PlayStation unit at Sony was as surprised as anyone when Sony and Microsoft announced a cloud gaming partnership. Sony has been working on its cloud gaming offering since 2012 but has only achieved limited success. Sony Gives Peace a Chance With New Microsoft Collaboration Reportedly, Microsoft and Sony …

Microsoft’s Blockchain Obsession, Including ID Push, Is Good for Bitcoin

By CCN: Does Microsoft consider blockchain to be the strongest technology in the world? Who knows, but they sure seem to recognize its growing mainstream status and view it as a potential moneymaker. The company recently announced that it would be building a decentralized identity (DID) network on top of the Bitcoin blockchain, the oldest …

IBM Smashes Analyst Estimates, But Can it Catch Cloud Rivals Amazon & Google?

IBM smashed analysts’ earning estimates, but will it be able to catch rivals Amazon and Google for the cloud computing throne? | Source: Shutterstock By CCN.com: Remember when IBM was the technology trailblazer? It seemed every innovation out of Big Blue took off, leaving any other company that dared to compete in the dust. Well, …

Bitcoin on Track to Transfer More Value Than Mastercard Daily

Twitter Facebook LinkedIn With a daily transaction volume of over $8 billion, Bitcoin (BTC) is on track to overtake Mastercard, the second largest credit card network in the world, in volume. On October 30, Mastercard released its financial results of the third quarter of 2018. Year-to-date, the credit card company has processed around $4.4 trillion. …