Police arrest boss of failed Mt. Gox Bitcoin exchange

Japanese police have finally caught up with Mark Karpeles, CEO of the Mt. Gox Bitcoin exchange that went bust early last year — taking some $387 million in user currency with it. Karpeles is charged with accessing the exchange’s computer system in order to manipulate the exchange figures and falsify the balance data being reported; Karpeles says the discrepancies were caused by software bugs.

Although Karpeles didn’t walk off with the full $387 million of lost money, he is suspected of profiting from the exchange to the tune of around $1 million, and stands accused of deliberately misleading users about how safe their money was during his tenure. Lawyers representing Karpeles say the ex-Mt. Gox boss has done nothing illegal, but he has now been arrested and will be questioned by the Japanese authorities.

As we reported in February last year, Mt. Gox users were incensed that they were suddenly locked out of their accounts. Some $409 million was previously stolen from the exchange by unidentified outside parties, and it seems that Mt. Gox was unable to recover. The site had been trading in Bitcoin since the middle of 2010 and at one point was handling 70 percent of all Bitcoin transactions made worldwide.

So far, Karpeles — who is also wanted in the U.S. for questioning — hasn’t been charged with any offences. Japanese police have a 23-day window in which to detain him without a formal charge or the possibility of bail. Mt. Gox itself is currently in the process of liquidation and it’s not clear if affected users will ever get their money back.

Since the chaotic days of the Mt. Gox shutdown, the reputation of Bitcoin has stabilized, even if it isn’t yet in mainstream use. The digital cryptocurrency most recently hit the headlines as a possible alternative for Greek citizens looking to protect their savings. For those of you with no idea what we’re talking about, we’ve got a complete guide for you here.

Features

Has Columbus, Ohio raised its IQ yet? A progress report from the mayor

Two years ago, the city of Columbus in Ohio received $40 million to pursue smart city initiatives. So, what’s happened since then? We spoke with its mayor, Andrew Ginther, to discuss progress and what’s ahead.
Gaming

‘Fortnite’ streamer reportedly arrested after abusing wife while on Twitch

An Australian Fortnite streamer who goes by the name MrDeathMoth abused his pregnant wife while he was live on Twitch. An anonymous cybersecurity expert took matters into his own hands, resulting in the arrest of the streamer.
Smart Home

Amazon starts crowdsourcing Alexa’s answers. What could go wrong?

Amazon announced a new resource for its Alexa voice assistant. Alexa Answers is an invitation-only program to which select Amazon customers will be invited to supply brief answers to questions that Alexa was asked but couldn't answer.
Computing

3DMark’s Port Royal lets you benchmark ray tracing on Nvidia’s RTX cards

UL is adding another benchmarking utility to its popular 3DMark suite to help gamers measure their graphics card's ray tracing performance. You'll soon be able to measure how Nvidia's RTX 2070, 2080, and 2080 Ti stack up.
Computing

Snatch Apple’s 2017 15-inch MacBook Pro for up to $1,200 off at B&H

The latest deal at B&H is offering up 2017 15-inch Apple MacBook Pros, in space gray and silver, with Intel Core i7 quad-core CPUs, 16GB of RAM, and AMD Radeon Pro 560 GPUs with up to 2TB of SSD storage.
Computing

I tried an LTE laptop for a month, and I wasn’t really convinced

LTE laptops offer up plenty of benefits and are becoming more common. After spending one month with one in my daily life in New York City, I really wondered if it is something that consumers really need in their lives.
Computing

Microsoft’s Chromium Edge browser may be adding your Chrome extensions

Fans sticking to Google Chrome because due to its vast extension library might be able to switch over to Microsoft's latest iteration of Edge, as a project manager confirms that the company has its eyes on Chrome extensions.
Gaming

Apple Mac users should take a bite out of these awesome games

Contrary to popular belief, there exists a bevy of popular A-list games compatible for Mac computers. Take a look at our picks for the best Mac games available for Apple fans.
Emerging Tech

An A.I. cracks the internet’s squiggly letter bot test in 0.5 seconds

How do you prove that you’re a human when communicating on the internet? The answer used to be by solving a CAPTCHA puzzle. But maybe not for too much longer. Here is the reason why.
Computing

Qualcomm’s dual-screen PC concept looks like two connected Surface Go tablets

In Qualcomm's video teaser, we got a glimpse of the company's vision for how a dual-screen ARM PC should work. The internet reacted to Qualcomm's video, calling the device in question merely a mashup of two Surface Go tablets.
Deals

Check out the best Green Monday deals for those last-minute gifts

Black Friday and Cyber Monday have come and gone, but that doesn't mean you've missed your chance of finding a great deal. We're talking about Green Monday, of course, and it falls on December 10.
Computing

Hololens 2 could give the Always Connected PC a new, ‘aggressive’ form

Microsoft is said to be leaning on Qualcomm to power its Hololens 2 headset. Instead of Intel CPUs, the next Hololens could use a Snapdragon 850 processor, allowing it to benefit from the always-connected features.
Computing

Chrome’s dark mode may cast its shadow over Macs by early 2019

By early 2019 Google may release a version of Chrome for Mac users that offers a Dark Mode feature to match MacOS Mojave's recent darkening.
Computing

These laptop bags will keep your notebook secure wherever you go

Choosing the right laptop bag is no easy feat -- after all, no one likes to second-guess themselves. Here are some of the best laptop bags on the market, from backpacks to sleeves, so you can get it right the first time around.