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Bitcoin, having no discernible faults, comes equipped with several different time locks. These tools allow you to specify time-based conditions under which transactions are valid. Using time locks you make a transaction now that pays someone next week, add a mandatory waiting period for coin movements, set up complex smart contracts that flow across several…
Initial Coin Offerings (ICOs) have raised $20 billion since the start of 2017, which is $18 billion more than the previous year, according to a recent study by financial research firm Autonomous Research. The study dubbed “Crypto Utopia” explores the cryptocurrency industry over the past year, focusing on ICOs and the regulation to which they…
The MOBI Grand Challenge intends to develop “the first viable” blockchain-powered network of vehicles and system to coordinate machines, provide data sharing, as well as to improve the level of mobility in urban conditions. The Mobility Open Blockchain Initiative (MOBI), and the Trusted IoT Alliance (TIoTA) have launched a tournament for blockchain applications in…
It is just some Ethereum-derivative, not actual Blockchain technology – but it does indicate the major shift from middlemen to a different consensus model in business. On Wednesday, October 3, one of the world’s largest airlines, Air France-KLM, announced its partnership with Winding Tree, a “blockchain-powered decentralized travel ecosystem.” Through this agreement, the airline…
Using the same IP for Bitcoin mining and transactions AND as an identifiable source of hacks DOES frequently allow to point the finger at the correct individuals (and their employers, obviously). The U.S. Department of Justice (DoJ) has charged seven officers from Russia’s Main Intelligence Directorate (GRU) with cryptocurrency-funded global hacking and related disinformation operations.…
“I don’t know if [ethereum] will or will not switch to proof-of-stake. Proof-of-stake has a lot of problems.” Several mining companies have invested millions in building specialized mining chips for ethereum, machinery that will only function as long as the network pays out new cryptocurrency to those who dedicate computing hardware to the effort. …
![[UPDATED] China Snuck A Tiny Microchip Inside US Top Secret Servers Used By The DoD And CIA — NSA Struggles To Assess Risk](https://i0.wp.com/www.bgp4.com/wp-content/uploads/2018/10/China-Big-Hack.jpg?resize=840%2C300&ssl=1)
[UPDATED SEVERAL TIMES FROM DIFFERENT SOURCES – SCROLL DOWN You find all relevant reporting on the matter on this page; including the implant built into the server’s Ethernet connector at a US Telecom company.] The Chinese military surreptitiously inserted tiny microchips no larger than single grains of rice into servers on local assembly lines in order to…
Israel’s national securities regulator is now using blockchain to improve data integrity for its messaging system, online voting, and critical reports storage. The Israel Securities Authority (ISA) has started to use blockchain to improve the cybersecurity of its messaging system, online newspaper Times of Israel reports today, October 3. The government regulator has reportedly…
JP Morgan earmarked $10.8 billion for technology spending in 2018. A study into its digital transformation initiatives has revealed that blockchain is a central focus in the bank’s innovation roadmap. A study into JPMorgan’s digital transformation initiatives has revealed that blockchain is a key technology for the bank’s roadmap, according to a press release published…
Huge impact in the Blockchain space, where Telegram is so popular: recon made easy. Having the IP allows for much easier wallet- and crypto-jacking hacks / attacks (also sad: with a $2 billion ICO, this is the best quality they can offer?). A vulnerability in Telegram Desktop results in the end-user public and private…
Through five new startup programs, Cyber NYC is the city’s bold plan to dominate cybersecurity this century Empires rise and fall, and none more so than business empires. Whole industries that once dominated the planet are just a figment in memory’s eye, while new industries quietly grow into massive behemoths. New York City has certainly…
Triffin Dilemma refers to the conflicting interests between national and global monetary policy for a country whose currency is used as the world’s reserve. (more on that below) Cryptocurrencies could serve as a possible solution to disparities currently faced by the U.S. dollar, an economist with the Federal Reserve Bank of St. Louis said…
A new patent awarded to tech giant IBM highlights how blockchain tech might play a role in monitoring security breaches within computer networks. First filed in September 2017 and awarded Tuesday by the U.S. Patent and Trademark Office (USPTO), the patent outlines how a network of monitors connected to a blockchain platform can log events…
Better use the original … and keep patching promptly. A severe bug discovered just weeks ago in bitcoin’s code has been exploited – albeit on a lesser-known cryptocurrency. The developers behind the pigeoncoin cryptocurrency confirmed the exploit to CoinDesk on Tuesday, reporting that an unknown attacker successfully took advantage of the bug on September…
Hyperledger’s Executive Director Brian Behlendorf This move is further watering down what “Blockchain” really is and means; both mostly work on “permissioned” systems: an oyxmoron to Blockchain – TJACK Seismic shifts are happening in the world of enterprise blockchain. Announced Monday, the Hyperledger Project and the Enterprise Ethereum Alliance (EEA) have agreed to collaborate…
Tim Berners-Lee Director of the World Wide Web Consortium (W3C) w3.org, the place to agree on web standards. Founded webfoundation.org – let the web serve humanity One Small Step for the Web… I’ve always believed the web is for everyone. That’s why I and others fight fiercely to protect it. The changes we’ve managed to…
The evolving IoT botnet is able to compromise an impressive array of architectures. A new botnet which specializes in the compromise of Internet of Things (IoT) devices has been discovered which contains unprecedented levels of sophistication. The botnet, dubbed Torii, is a cut above both the Mirai and QBot variants, according to researchers from…
German automobile manufacturer Porsche AG will increase in its investments in startups — with a focus on blockchain and artificial intelligence (AI) — by around $176 million over the next five years, according to a company press release published September 25. The increase in Porsche’s total investment in venture capital activities for next five years…
American courier delivery services giant FedEx has joined Hyperledger, an open-source project established to improve cross-industry blockchain technologies, according to a press release published September 26. Hyperledger, which is hosted by the Linux Foundation, enables organizations to build blockchain-based industry-grade applications, platforms and hardware systems in the context of their individual business transactions. In joining…
That Bitmain is a behemoth is hardly news. CoinDesk had previously reported that the cryptocurrency mining hardware maker brought in revenues of $2.5 billion in 2017 and $2 billion in Q1 2018, but with the publication on Wednesday of Bitmain’s draft initial public offering (IPO) prospectus – a step towards its much-anticipated listing on the Hong…
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