A former Mt. Gox employee says incompetent management and faulty accounting—not virtual robbers—are the real culprits in the missing millions.
Bitcoin, the virtual currency that has been racing toward acceptance as a genuine currency, had a colossal setback this past Tuesday, when a major Bitcoin exchange, Mt. Gox, based in Tokyo, went off-line. Thousands of customers are unable to withdraw deposits and CEO Mark Karpeles is not talking to the press about what happened. Fears about the virtual currency’s security have multiplied with the closing of Mt. Gox. It appears that the theft of several hundred thousand Bitcoins from the company forced it to close the exchange.
American intelligence has concluded that Russia won't openly invade Ukraine, despite a massive military exercise on the border and the armed takeover of local airports.
U.S. intelligence estimates conclude that Russia has no intention of invading Ukraine. This, despite the launch of a massive, new Russian military exercise near Ukraine’s border and moves from armed men to seize two key airports in the country's Crimea region.The latest developments led Ukraine's interior minister Arsen Avakov Friday to accuse Russia of invading the Russian majority province of Crimea after armed militias took control of the civilian airport in Simferopol, the region's capital and the military airport in Sevastopol, where Russia's Black Sea fleet is based.
A video of the Turkish prime minister allegedly telling his son to hide large sums of money has created a crisis for the once-unassailable leader just weeks before key elections.
ISTANBUL—It was Recep Tayyip Erdogan’s 60th birthday this week, but the Turkish Prime Minister could be forgiven for not being in the mood for celebrations.Already under fire for more than two months because of corruption allegations against his government, Erdogan is now facing calls for his resignation after recordings emerged of alleged phone conversations between him and his son Bilal that purport to show he was personally involved in hiding large sums of money from prosecutors.
The much-reviled former captain of the shipwrecked Costa Concordia returned to the ill-fated cruise liner today as part of his trial for manslaughter, abandoning ship and causing a maritime disaster.
On Thursday morning, an emotional and defiant Francesco Schettino, the erstwhile captain of the Costa Concordia, finally got back on board the ill-fated cruise liner he crashed into the rocks of Giglio island on Friday the 13th of January, 2012. It was the first time since the accident that Schettino has been to Giglio to see the Concordia , which was parbuckled to an upright position in an extraordinary maritime salvage operation last September.
Ever since the Charge of the Light Brigade, Crimea has been synonymous with disaster for the West—and saber-rattling Russia now sees it as ground zero in the battle with Ukraine’s new masters.
“I’ll tell you something else, which military historians never realize: they call the Crimea a disaster, which it was, and a hideous botch-up by our staff and supply, which is also true, but what they don’t know is that even with all these things in the balance against you, the difference between hellish catastrophe and brilliant success is sometimes no greater than the width of a sabre blade, but when all is over no one thinks of that. Win gloriously —and the clever dicks forget all about the rickety ambulances that never came, and the rations that were rotten, and the boots that didn’t fit, and the generals who’d have been better employed hawking bedpans round the doors.
Through targeted arrests, beatings and show trials, Egypt’s ruling general is sending a strong message to journalists: Support the army or else.
The building on a busy street in Cairo, close to Saudi Arabia’s sparkling, oversized newly built embassy, has seen better days. Wires hang from its ceiling, its marble floors are chipped and trash is strewn across the dusty corridors. Affixed to the office door on the fourth floor is a photograph of the country’s beaming Field Marshal, Abdel Fattah el-Sisi. The disguise isn’t worth the effort now, judging by the four sinister men hanging around at the building’s entrance—their menace advertising they are with state security.
A gay refugee couple from Iran have become Facebook superstars thanks to a shout-out on Humans of New York. They talk to The Daily Beast about life for Iran’s persecuted LGBT community in a country that denies their very existence.
Last Thursday night, around 7 p.m., a photograph was posted to the cultish Humans of New York Facebook page. The picture is fairly typical for New York City: two young, hip-looking men bundled against the snow, starting a day of sightseeing with a stroll through Central Park. But the caption caught the attention of the blog’s avid followers: “We’re gay refugees from Iran.”In Philadelphia, the couple and their friends gathered around a computer until late at night, hypnotized as they watched comments and likes stream in for hours.
By David Barrett, Home Affairs Correspondent, and Miranda PrynneA former Guantanamo detainee who won a huge compensation payout from the British taxpayer after suing the government has been arrested on suspicion of Syria-related terrorism offences.Moazzam Begg was one of four people arrested by counter-terrorism officers in Birmingham on Tuesday morning.Begg was being questioned on suspicion of attending a terrorist training camp and facilitating terrorism overseas.
search and rescue
Malaysia Airlines Flight MIA
239 people are on board.More
3 Killed in Egypt Protests
At least 48 injured.More
Russians are Coming
Armed Men Leave Crimean Army Post
After seizing it.More
Judge Ordered Sarkozy Phone Tapped
Over allegations of illegal campaign money from Gaddafi.More
Saudis Blacklist Brotherhood
Name the group a terrorist organization.More
The blockbuster filmmaker behind ‘Iron Man,’ ‘Iron Man 2,’ and ‘Cowboys & Aliens,’ opens up about his food-centric passion project, ‘Chef,’ at SXSW.