IBM partners Stronghold for new digital stable coin

NEW YORK (Reuters) – International Business Machines Corp (IBM.N) is backing a new cryptocurrency pegged to the U.S. dollar, in a partnership with U.S.-based financial services provider Stronghold that adds stability to a sector known for its volatility, the companies said.

FILE PHOTO: The logo for IBM is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., June 27, 2018. REUTERS/Brendan McDermid/File ...
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‘LuminosityLink RAT’ Author Pleads Guilty

A 21-year-old Kentucky man has pleaded guilty to authoring and distributing a popular hacking tool called “LuminosityLink,” a malware strain that security experts say was used by thousands of customers to gain unauthorized access to tens of thousands of computers across 78 countries worldwide.

The LuminosityLink Remote Access Tool (RAT) was sold for $40 to thousands of customers, who used the tool to gain unauthorized access to tens ...

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