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Why does Bitcoin work? Fraudsters should have left it in cinders years ago, and might have done, if it wasn’t for two things: spam and the Byzantine Empire.

A Bitcoin is basically an entry in a ledger that is distributed across a network of computers. Bitcoins are transferred between parties by noting the transaction in the ledger. This might sound just like any other banking system except there’s a crucial difference: no one is in charge of the ledger.

The chances were always slim that antivirus founder John McAfee would return to his former mansion in Belize and now he can’t. Last Thursday it burned down, more evidence according to McAfee, that he’s no longer welcome in the country.

In a blog, McAfee claimed that the destruction of his beautiful waterside Shangri-La amidst the palm trees was arson motivated by anger at the acquittal of some of his employees over unspecified charges related to their time working for him.

Going a week without a major brand having its Twitter account compromised was starting to become a rare occurrence. Critics and users alike repeatedly called upon Twitter to release two-factor (or step) authentication. The added layer of security requires you to enter your password, and then a subsequent six-digit access anytime you try to log into Twitter. The short code is sent via text message to your cell phone, which means that any would-be hackers would need to not only crack your password, but to also have physical possession of your cell phone.

Yes, Virginia, there is a limit to what Verizon will let you do with FiOS' "unlimited" data plan. And a California man discovered that limit when he got a phone call from a Verizon representative wanting to know what, exactly, he was doing to create more than 50 terabytes of traffic on average per month—hitting a peak of 77TB in March alone.