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U.S. Customs and Border Protection (CBP) plans to trial blockchain technology to verify North American Free Trade Agreement (NAFTA) and Central American Free Trade Agreement (CAFTA) certificates. CBP Division of Business Transformation and Innovation head Vincent Annunziato said the agency was beginning a “live fire testing” of a blockchain platform to certify that imported products…
China has been on the verge of blockchain adoption as of late. The technology, in fact, has become part of the country’s national, president-signed program. The latest advancement in the field relates to the country’s old corruption staple — fake invoices used to embezzle corporate and state funds. Tax authorities of the city of Shenzhen…
The South Korea government will invest over $880 million next year in order to boost the development of innovative technologies including blockchain. According to a government release on Tuesday, South Korea’s deputy prime minister Kim Dong Yeon hosted a ministerial meeting on Aug. 13 to address the administration’s investment plan for innovation growth in the…
![What Intel’s Foreshadow [Meltdown, Spectre] SGX Flaw Means for the Future of Cryptocurrency](https://i0.wp.com/www.bgp4.com/wp-content/uploads/2018/08/Foreshadow-Crypto.png?resize=840%2C300&ssl=1)
The Foreshadow vulnerability is a good example of why not to put SGX at the cornerstone of a cryptocurrency project: because Intel has a backdoor into all SGX devices, it’s long been a controversial tech avenue for cryptocurrency projects, anyway. “Though even *if* it had been somehow perfect, it was never a good idea to…
![[UPDATED] SIM Swap Fraud: AT&T Sued for $224 Million After Phone Hackers’ $24 Million Crypto Hack](https://i0.wp.com/www.bgp4.com/wp-content/uploads/2018/08/ATT-24-m-hack.png?resize=840%2C300&ssl=1)
“law enforcement has even confirmed that AT&T employees profited from working directly with cyber terrorists and thieves in SIM swap frauds“ [UPDATED 22 AUG 2018 – ARREST MADE … scroll down] Michael Terpin is suing AT&T [aka formerly SBC], claiming the company’s failure to protect his cellphone data led to hackers stealing $24 million…
Coinbase wants to be Facebook Connect for crypto. The blockchain giant plans to develop “Login with Coinbase” or a similar identity platform for decentralized app developers to make it much easier for users to sign up and connect their crypto wallets. To fuel that platform, today Coinbase announced it has acquired Distributed Systems, a startup…
The state-owned China Aerospace Science and Industry Corporation Ltd. is turning to blockchain technology to innovate its unwieldy electronic invoice system, according to an announcement republished on a government site August 13. The article, from official state newspaper People’s Daily, was posted yesterday by the State Administration of Science, Technology and Industry for National Defence…
A blockchain startup wants to raise nearly $100 million dollars to create a new form of fantasy football. Called the Crown League, the project’s owner told CoinDesk on Tuesday that it seeks to form a professional fantasy football league, with 12 teams initially, which will collectively be owned by fans via the platform’s crypto tokens.…
The Communist Party of China (CPC) has recently released a primer on blockchain technology and its possible applications, according to an official press release on the CPC website August 13. According to the statement, the book by China’s Communist Party provides a scientific description of key blockchain features, its origin, future application scenarios, as well as…
(LOL, and Hedgefund Elliott told me once, it is “too small” for them – see below) UPDATED 22 AUG 2018: vague and misleading statements by Bitmain? scroll down. UPDATED 04 SEP 2018: investment co Temasek also denies involvement in Bitmain IPO (scroll down) 12 AUG 2018 Bitmain Technologies, Ltd. is about to go public.…
Competition With Traditional Payments: the technology might allow the cryptocurrency to leapfrog the card networks PayPal 2.0? That may have been a rallying cry for early bitcoin believers who saw the cryptocurrency as a superior form of payment, but excitement tapered off as bitcoin ran up against technical limitations. Yet, the idea may now be…
2013 – 2018
Bitcoin (BTC) mining firm Bitmain will build a $500 million blockchain data center and mining facility in Texas as part of its expansion into the U.S. market, the company revealed in a press release August 6. Bitmain, which is valued at around $12 billion after its early July funding round, is also reportedly looking to…
U.S. troops serving overseas will be able to use a smartphone app based on blockchain technology for casting federal election ballots in West Virginia this November, CNN reports August 6. The mobile voting platform, Voatz, employes facial recognition software to ensure that each voter matches their government-issued identification. CNN notes that the West Virginia will…
Researchers have uncovered a huge botnet that mimics legitimate accounts on Twitter to spread a cryptocurrency “giveaway” scam. As reported by ITPro, the discovery was made during a research effort by Duo Security that looked at 88 million Twitter accounts from May to July and used machine learning to identify bots, malicious or otherwise, on the social…
Canaan Creative, the world’s second largest Bitcoin (BTC) mining hardware manufacturer, has launched what it claims is the “first ever” BTC mining television set, the South China Morning Post (SCMP) reported August 2. Dubbed “AvalonMiner Inside,” the appliance has a processing power of 2.8 trillion hashes per second, and is reportedly powered by artificial intelligence…
How does one go from being root on the host to gaining access to data in a Virtual Machine running with full disk encryption. This is the exact question that arose from an internal discussion we had at Appsecco to which we wanted answers. I came across many ways to the break full disk encryption,…
55% of ad expenses go to intermediaries, only 45% to publishers. Ad fraud reportedly cost the U.S. advertising industry about $6.5 billion in 2017. Advertising lacks the transparency of data and process. Blockchain offers the transparency of data and process. Advertisers and brands are increasingly losing patience with ad agencies and other players over the…
Germany’s second-largest stock exchange is developing an ICO platform, it announced on Thursday. Boerse Stuttgart expects to roll out the platform as part of larger “end-to-end infrastructure” for “digital assets” it is currently developing, and says the ICO platform will allow token issuers to conduct token sales with “standardized and transparent processes.” It will also…
Reddit.com today disclosed that a data breach exposed some internal data, as well as email addresses and passwords for some Reddit users. As Web site breaches go, this one doesn’t seem too severe. What’s interesting about the incident is that it showcases once again why relying on mobile text messages (SMS) for two-factor authentication (2FA)…
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