Markets News Stocks 

Target-date funds aren’t the retirement bull’s-eye they’re cracked up to be

“The difference, however, is that the target-date portfolio introduces an element of random chance” writes Nir Kaissar for latimes.com. Because it allocates more to stocks in the beginning, whether those early years happen to coincide with a bull or bear market has a lasting effect.During the 41-year period beginning in 1949, for example — just before the epic bull market of the 1950s — the target-date portfolio beat the static 60/40 portfolio by 0.6 percentage point a year. But during the period beginning in 1929 — just before the Great…

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Crypto News 

locked the private key to 1 Bitcoin in a strand of synthetic DNA

“During this presentation, Goldman distributed tubes of DNA in which he had encoded the key to a digital wallet containing one bitcoin” reports vice.com. After the data is encoded as synthetic DNA fragments, these fragments are used to identify and read the actual files stored in the DNA. In the case of the Bitcoin challenge, there were a total of nine files contained in the DNA fragments. Source: vice.com Share This:

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News 

How a nerdy Swedish database startup with $80m in funding cracked the Paradise Papers

“With the Paradise Papers, those documents represented 1.4 TB of data and were gathered from different sources” writes Shona Ghosh for businessinsider.com. It’s surprising how intuitive a graph database can be for non-tech savvy people.With its latest tranche of funding, the firm has evolved slightly from a graph database company to something more like a platform, with new visualisation tools out of the box, and integration with other database systems.But it has now also played a crucial role in three major journalistic investigations that involved querying huge amounts of data:…

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News Platforms 

Wifi WPA2 security cracked: all platforms vulnerable, but Android 6.0+ especially so [Video]

“We can take some comfort from the fact that the attack only decrypts data encrypted by the wifi connection itself” reports 9to5google.com. With Android and Linux, an attacker doesn’t even have to do that much work: the attacker can simply reset the encryption key.WPA2 – the encryption standard that secures all modern wifi networks – has been cracked.An attacker could now read all information passing over any wifi network secured by WPA2, which is most routers, both public and private. Source: 9to5google.com Share This:

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News 

Wi-Fi security may be cracked, and it’s a very, very bad thing

“The WPA2 security protocol, a widespread standard for Wi-Fi security that’s used on nearly every Wi-Fi router, has apparently been cracked” writes Stan Schroeder for mashable.com. It would mean that, if you care about security, you should not use Wi-Fi at all until this is fixed.At the very least, you should use HTTPS connections whenever possible, and a good VPN might add another layer of security.The details on the security exploit, which is called KRACK, or Key Reinstallation Attacks, are to be released at 8am ET Monday on the site…

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News 

Download this: the new anonymous app that’s going viral with teens

“Another anonymous app is at the top of the App Store and it might be because it’s figured out anonymous apps’ biggest problem: bullying” writes Karissa Bell for mashable.com. There are only positive “polls” so users aren’t able to easily bully each other — a problem that’s plagued Sarahah and other teen-centric anonymous apps.While it allows friends to anonymously communicate, it only allows users to exchange compliments, which are sent via in-app quizzes.Whether that will be enough to make the app stick with image-obsessed teens is another matter.The app, which…

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Markets News Stocks 

Bruising stock-market selloff may have cracked the rally’s foundations

“For S&P 500 stocks, 44.69% of components are above their 50-day moving average, down from a July 19 peak of 74%” writes Markets Reporter for marketwatch.com. For Nasdaq stocks, both the share of stocks trading above their 50-day and the 200-day averages represent the lowest since October. Source: marketwatch.com Share This:

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