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TRON Cryptocurrency Founder Buys BitTorrent, µTorrent for $140 Million

TRON Cryptocurrency Founder Buys BitTorrent, µTorrent for $140 Million

June 19, 2018Mohit Kumar
BitTorrent, the company which owns the popular file-sharing client uTorrent, has quietly been sold for $140 million in cash to Justin Sun, the founder of blockchain-focused startup TRON. TRON is a decentralized entertainment and content-sharing platform that uses blockchain and distributed storage technology. It allows users to publish content without having to use third-party platforms such as YouTube or Facebook, and trades in Tronix (TRX) cryptocurrency. Since BitTorrent is one of the most recognizable brands in the world for decentralized computing and peer-to-peer (P2P) networking, and TRON aims to establish a truly decentralized Internet, BitTorrent would be of great use for Sun to help achieve that goal. There were reports that the two were in negotiations for at least a month, and just yesterday, Variety reported that BitTorrent Inc. was sold to Sun last week, but the report did not disclose the deal price. Now, TechCrunch is reporting that TRON's founder has
Flaw in Popular μTorrent Software Lets Hackers Control Your PC Remotely

Flaw in Popular μTorrent Software Lets Hackers Control Your PC Remotely

February 26, 2018Swati Khandelwal
If you have installed world's most popular torrent download software, μTorrent, then you should download its latest version for Windows as soon as possible. Google's security researcher at Project Zero discovered a serious remote code execution vulnerability in both the 'μTorrent desktop app for Windows' and newly launched 'μTorrent Web' that allows users to download and stream torrents directly into their web browser. μTorrent Classic and μTorrent Web apps run in the background on the Windows machine and start a locally hosted HTTP RPC server on ports 10000 and 19575, respectively, using which users can access its interfaces over any web browser. However, Project Zero researcher Tavis Ormandy found that several issues with these RPC servers could allow remote attackers to take control of the torrent download software with little user interaction. According to Ormandy, uTorrent apps are vulnerable to a hacking technique called the "domain name s
Popular Download Service μTorrent wants you to pay for its Software

Popular Download Service μTorrent wants you to pay for its Software

August 25, 2015Khyati Jain
Just to enhance the services being rendered. The popular peer-to-peer file sharing software application is aiming to achieve new heights by making their software be a paid scheme . uTorrent is one of the clients of BitTorrent Inc. (the parent company) which implements a BitTorrent protocol. Where each client is capable of creating, publishing, and transmitting any computer file over a network, using the protocol. μTorrent is a free piece of software and to support it, the company uses bundled software to offset the cost that would "otherwise be paid directly by the user." "This is a familiar revenue model that is commonly used by software companies," the μTorrent team wrote. "It allows us to fund the costs associated with software development, as well as other projects and innovations." However, the team says it's never satisfied with this revenue model approach , as it requires compromises and reduces a premium user experience,
BEWARE! μTorrent Silently Installing Bitcoin Mining Software

BEWARE! μTorrent Silently Installing Bitcoin Mining Software

March 06, 2015Wang Wei
If you have recently installed or updated the popular BitTorrent client μTorrent 3.4.2 Build 28913 on your computer, then you read this warning post right now. Users of the μTorrent file-sharing service are complaining that the latest update of software used for torrent downloading is silently installing a piece of unwanted software called EpicScale , which is basically a Bitcoin mining software . Note: Story update has been added below. USER COMPLAINTS ON SILENT  INSTALLATION The Epic Scale , installed without the consent of users, is a cryptocurrency mining software that reportedly uses the combined computing power of users to generate Bitcoin income for BitTorrent company. The unwanted software slows down the host computers and is particularly harder to remove from the system. The Bitcoin mining software was recently highlighted at uTorrent's complaint forum where a member ' Groundrunner ' says: " There was no information about this during installation
KickAss Torrent Download Website Seized

KickAss Torrent Download Website Seized

February 09, 2015Swati Khandelwal
So far, the torrent users didn't forget the incident of The Pirate Bay seizer, that another most popular Torrent website, KickAss Torrents , has been kicked off by the Somalian registry. KickAss Torrent download website has lost access to its Kickass.so - the Somalian domain with millions of unique visitors per day and the most visited torrent website on the Internet. The domain is currently offline and, according to TorrentFreak, the Somalia based KickAss Torrent download domain was recently listed as "banned" by the .so registry, forcing the site's operators to switch to another domain. Just like The Pirate Bay , KickAss Torrents is also a well-known torrent download service that has often been criticized for providing easy access to pirated content, so it's no surprise that the ban came following a complaint received by Somalian authorities. KickAss Torrents website stopped working around 4 am ET and is still offline and will not be returning. Howeve
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