MtGox bitcoin founder gets suspended sentence for data tampering

Author:  Miwa SUZUKI | AFP ID:  1552622819861386400 Fri, 2019-03-15 07:56 TOKYO: A Japanese court sentenced the former high-flying creator of the MtGox bitcoin exchange to a suspended jail sentence of two and a half years Friday after finding him guilty of data manipulation. The Tokyo District Court convicted Mark Karpeles, a 33-year-old computer whizz from France, for
| News |

Publishing isn't afraid of books like Lolita, it's just looking for diverse imaginations

There are plenty of titles published today that are as controversial as Nabokov's novel. This week, the London Book Fair brings thousands of publishers, agents, writers and bookfolk from all over the world to a massive airless hangar in West London, where they will all try to convince each other that their dog-eared manuscript or watermarked PDF will be next year’s
| News |

Jamali Maddix: “Social media has created a whole new layer of celebrity – one that craves fame”

The Essex-born stand-up comedian on the evolving sociology of the internet. Jamali Maddix doesn’t like “regimes”. The 27-year-old comedian-turned-broadcaster “bombed out” of London Metropolitan University, but not before winning the Chortle Student Comedy Award in 2014. “I didn’t like school, I’ve never liked routine,” he explains, “yet I found myself a reason to go. Other people were going, and at 18, I
| News |

Bitcoin: Cryptographic Tool That Can Secure Civil Liberties

Over a half-century ago, President Dwight Eisenhower recognized a force that threatens democratic government. In his farewell address on January 17, 1961, he alerted the American people about a "permanent armaments industry of vast proportions" and its impact in shaping the very structure of our society. He called it the military-industrial complex and urged the … Continue reading "Bitcoin: Cryptographic Tool That Can Secure Civil Liberties" The post Bitcoin: Cryptographic Tool That Can Secure Civil
| Uncategorized |

The Spy Who Wasn’t

On a steamy Sunday last July, at about half-past noon, a caravan of unmarked SUVs exited the FBI’s Washington, D.C., field office, an eight-story concrete building that exudes all the charm of a supermax prison. The cars moved swiftly across the city; speed was critical. There were indications that the target, who had canceled the lease on her apartment and packed her belongings, was about to take flight. Just before one o’clock, the SUVs turned off Wisconsin Avenue and into
| feature, Politics, Magazine |

Why is the Russian economy growing despite Western sanctions?

Hello! This week we kick-off with an explainer on Russia’s impressive economic performance in 2018 (sanctions notwithstanding) and whether the growth data could been doctored. Then we have stories on Durov’s very optimistic valuation for his new cryptocurrency project, how a propaganda chief fared when he went on a popular YouTube show, billionaire Mikhail Fridman’s […] The post Why is the Russian economy growing despite Western sanctions? appeared first on The Bell — Eng .
| Weekly |

Dubai-based luxury ecommerce platform The List now accepts Bitcoin payments

Dubai-based luxury ecommerce platform The List that raised $1.7 million in seed funding last year now accepts Bitcoin as a payment method, the company announced in a statement yesterday. The payment method is only available on The List’s iOS app. The startup claims to be the first luxury fashion mobile platform to offer the Bitcoin […] The post Dubai-based luxury ecommerce platform The List now accepts Bitcoin payments appeared first on MENAbytes .
| News, Technology, Crypto |

Millions in cryptocurrencies frozen after Canadian founder’s death

Author:  Reuters ID:  1549337558603542300 Tue, 2019-02-05 00:38 TORONTO: About C$180 million ($137.21 million) in cryptocurrencies have been frozen in the user accounts of Canadian digital platform Quadriga after the founder, the only person with the password to gain access, died suddenly in December. Gerald Cotten died aged 30 from complications with Crohn’s disease while volunteering at an orphanage in
| News |

Singapore police looking into reports of alleged financial irregularities at Wirecard

Author:  Reuters ID:  1549254277776115500 Mon, 2019-02-04 03:57 SINGAPORE: Singapore police on Monday said it was looking into reports by the Financial Times of alleged financial irregularities at German payments firm Wirecard. The FT last week published two reports about alleged wrongdoing at Wirecard’s Singapore office that sent shares in the member of the blue-chip DAX sharply lower.
| News |

Tracking Illicit Transactions With Blockchain: A Guide, Featuring Mueller

In recent years, cryptocurrencies such as Bitcoin have been used by terrorists to conduct funding campaigns, authoritarian governments to subvert its citizens’ human rights, and GRU agents to hack the Democratic National Committee as well as the Clinton campaign. Though many people utilize virtual currencies for legitimate purposes, the technology is an enticing tool for... The post Tracking Illicit Transactions With Blockchain: A Guide, Featuring Mueller appeared first on bellingcat .
| Guides, bitcoin, GRU |

Dirty money risks encroach on Estonia’s digital utopia

Author:  Reuters ID:  1549038817335647800 Fri, 2019-02-01 07:15 TALLINN, Estonia: Estonia’s push to become a digital society has left it vulnerable to dirty money and sanction breaches, the country’s top banking regulator has warned. The Baltic state took center stage in one of the largest-ever money laundering scandals last year — the Estonian branch of Danske Bank helped
| News |

Is blockchain all hype? A financier and supply chain expert discuss

Iaremenko Sergii/Shutterstock.com This is an article from Head to Head , a series in which academics from different disciplines chew over current debates. Let us know what else you’d like covered – all questions are welcome. Details of how to contact us are at the end of the article. Arturo Bris : Have you ever watched footage from the early 1980s of people trying to explain the internet? They’re sceptical
| News |

How to train 21st century engineers for tech discoveries

Engineering education needs to keep up with technological advances. Shutterstock The year is 1985. Portable CD players like the Sony Discman are the epitome of consumer technology: a battery-operated device that allows you to listen to music anywhere (provided you brought the CDs as well). A recent graduate from electronics and computer engineering programs understands how the portable CD player works. They cannot build it without the precision
| News |

Iran Seeks Salvation from SWIFT Ban in State-Controlled Cryptocurrency

Iran’s Central Bank announced Monday that it had reversed its ban on cryptocurrencies, laying the groundwork for a regulated system, backed by the Iranian rial, for international trade outside the SWIFT network, from which Iran has been banned by the US. But can Tehran succeed where Venezuela’s Petro has failed?
| Business |

Bloomberg: It Costs $4,000 to Mine a Bitcoin Worth $3,600

Bloomberg provides the latest on Bitcoin: The production-weighted cash cost to create one Bitcoin averaged around $4,060 globally in the fourth quarter, according to analysts with JPMorgan Chase & Co. With Bitcoin itself currently trading below $3,600, that doesn’t look like such a good deal. The exception, apparently, is Chinese Bitcoin miners, who are able […]
| Kevin Drum |

Despite delay, Durov on track to launch his cryptocurrency in March

The founder of Telegram and Vkontakte, Pavel Durov, is preparing to launch TON, his blockchain platform and cryptocurrency, for which Telegram raised $1.7 billion a year ago. A key meeting with major investors should take place within a month, sources familiar with the plans told The Bell. Durov’s team had previously said that the TON […] The post Despite delay, Durov on track to launch his cryptocurrency in March appeared first on The Bell — Eng .
| Scoop |

Saudi Arabia and UAE launch a new joint cryptocurrency

Sun, 2019-01-20 11:19 Saudi Arabia and the UAE have launched a joint cryptocurrency during the first meeting of the Saudi-Emirati Coordination council Saturday in Abu Dhabi, UAE’s national press agency WAM said. The cryptocurrency will be limited to banks during its first stages, until the governments have a better understanding of how Blockchain technology operates cross-borders. The currency operates on the use of a “distributed database between the
| News |

The media outlet that exposed Prigozhin is sold to a magazine magnate

Hello! Our top story this week is about why a glossy magazine magnate bought a small media outlet that punched above its weight with blockbuster investigations into a controversial businessman close to Putin. We also look at a billionaire’s son and his investment in the world’s first cryptocurrency exchange (which opened this week in Belarus), […] The post The media outlet that exposed Prigozhin is sold to a magazine magnate appeared first on The Bell — Eng
| Weekly |

Millennial mysticism: why contemporary poets are turning to the occult

Spells: 21st-Century Occult Poetry argues that poems are spells. Is there something inherently magical about poetry? Spells: 21st-Century Occult Poetry argues forcefully in the affirmative. Yes, there is power in the naming of things. Yes, the rhythms and repetitions of poetry are akin to incantations. An anthology edited by Sarah Shin and Rebecca Tamás, Spells
| News |

Transparency and privacy: Empowering people through blockchain

Blockchain technologies can empower people by allowing them more control over their user data. Shutterstock Blockchain has already proven its huge influence on the financial world with its first application in the form of cryptocurrencies such as Bitcoin . It might not be long before its impact is felt everywhere. Blockchain is a secure chain of digital records that exist on multiple computers simultaneously so no record can be
| News |

An international criminal gang has been smashed, freeing a British kidnap victim in Syria

An international criminal gang based in Syria which kidnapped a British aid worker in November and demanded a $4 million ransom in Bitcoin has been smashed. Birmingham-born Mohammed Shakiel Shabir was taken at gunpoint two months ago from outside his apartment block in war-torn Idlib. Kidnapping in this area of Syria has become an everyday risk for civilians and aid workers but Shabir never imagined that it would happen to him. Working in the country since the revolution began in
| Article, Europe & Russia, Middle East |

What the Dublin Tram System Hack Reveals about the Future of Hostage Taking

Imagine hackers commandeered a capital city’s transit system, holding it hostage for a cryptocurrency ransom. Consider the implications of this attack: beyond a data breach, it raises serious questions about the security of transportation and infrastructure in modern cities. This isn’t the latest plot from Black Mirror .…   continue »
| Cybersecurity, Technology, Terrorism |

Why I am Still a Cryptocurrency Enthusiast, 2019 Edition

Cryptocurrencies had a rough ride in 2018. As of January 7, 2018, the total market capitalization of all cryptocurrencies tracked by CoinMarketCap.com came to more than $800 billion, its highest point ever. As I write this on January 3, 2019, that total market capitalization is down to about $130 billion — about 1/6th of the More
| articles 2015 |

Why I am Still a Cryptocurrency Enthusiast, 2019 Edition

Cryptocurrencies had a rough ride in 2018. As of January 7, 2018, the total market capitalization of all cryptocurrencies tracked by CoinMarketCap.com came to more than $800 billion, its highest point ever. As I write this on January 3, 2019, that total market capitalization is down to about $130 billion — about 1/6th of the market’s high More
| articles 2015 |

For Warren Buffett, sinking Apple shares a wish come true

Author:  Reuters ID:  1546486240429719300 Thu, 2019-01-03 02:55 SILICON VALLEY: Billionaire Warren Buffett has said he would love to see Apple Inc. shares decline in price so he could buy more. He is getting his wish. Apple’s warning on Wednesday about weak iPhone demand in the holiday quarter due to slower sales in China sent its stock down
| News |

Cryptojacking will continue to grow in 2019

Cases of cryptocurrency mining and cryptojacking will continue to grow in 2019, as attackers target smart devices and home assistants to build cryptomining farms, according to ESET’s latest trends report. Along with cryptomining, Cybersecurity Trends 2019: “Privacy and intrusion in the global village” details the predictions of top experts from the global cybersecurity firm, revealing the cybersecurity trends set to impact businesses in 2019. Trend #1: Cryptomining continues to rise Cryptocurrency mining beat ransomware in terms of media attention in
| Cryptocurrency, News, cryptojacking |

Cryptojacking will continue to grow in 2019

Cases of cryptocurrency mining and cryptojacking will continue to grow in 2019, as attackers target smart devices and home assistants to build cryptomining farms, according to ESET’s latest trends report. Along with cryptomining, Cybersecurity Trends 2019: “Privacy and intrusion in the global village” details the predictions of top experts from the global cybersecurity firm, revealing the cybersecurity trends set to impact businesses in 2019. Trend #1: Cryptomining continues to rise Cryptocurrency mining beat ransomware in terms of media attention in
| Cryptocurrency, News, cryptojacking |

Blockchain revolution rolls on despite cryptocurrency crash

Author:  daniel fountain ID:  1545514608423815100 Sun, 2018-12-23 00:46 LONDON: It was the year cryptocurrencies fell to earth — the crash has been so severe that parallels have been drawn with the dotcom bust at the turn of the millennium. Bitcoin is down 80 percent from just under $20,000 12 months ago to about $3,500 in December. Similar
| News |

Cryptocurrency industry faces insurance hurdle to mainstream ambitions

Author:  Reuters ID:  1545278990405736900 Thu, 2018-12-20 04:00 HONG KONG: Cryptocurrency exchanges and traders in Asia are struggling to insure themselves against the risk of hacks and theft, a factor they claim is deterring large fund managers from investing in a nascent market yet to be embraced by regulators. Getting the buy-in from insurers would mark an important
| News |

With eye on China, Germany tightens foreign investment rules

ID:  1545245322351361700 Wed, 2018-12-19 14:30 BERLIN: Germany agreed new rules on Wednesday to lower the threshold for screening and even blocking purchases of stakes in German firms by non-Europeans, in a move to fend off unwanted takeovers by Chinese investors in strategic areas. The decision by Angela Merkel’s cabinet is a response to mounting concern that China’s state-backed companies are gaining too much
| News |

Dark Markets for cybercriminals are thriving

Stephen Cobb, Senior Security Researcher at ESET reviews the business of cybercrime that is thriving in the absence of counter-effective measures thereby undermining the benefits of digital technology. Are you in the market for stolen data? How about some tools to help you steal data or make money by hijacking other people’s computers? Well you’re in luck. It is now easier than ever to engage in cybercrime thanks to “next generation” dark markets. A dark market is defined here as
| Expert Speak, Security, cryptojacking |

Bomb Threat Hoax Emails Spark Nationwide Evacuations at Offices, Hospitals, News Outlets, and Schools

Common Dreams staff An apparent bomb threat hoax demanding a payment in Bitcoin was circulated by email on Thursday, forcing local police departments to mobilize and evacuations at businesses, hospitals, government offices, news outlets, and schools across the country—including in California, Florida, Illinois, Iowa, New York, Oklahoma, Massachusetts, and Michigan.
| News |

Google top searches revealed

This year’s most trending queries in Saudi Arabia, Egypt, and the UAE had a few things in common, especially between Egypt and Saudi Arabia where the more traditional songs dominated the top songs list. Football was also a common theme between Saudi Arabia and Egypt, who both competed in this year’s World Cup. Most searched words – UAE 1. World Cup 2. Indian Premier League 2018 3. Sridevi Kapoor 4. Priyanka Chopra 5. Passport Index 6. Fortnite 7. Bitcoin Price
| News, Egypt, Google Search |

Abu Dhabi’s Al Hilal Bank uses blockchain to sell sukuk in secondary market

Author:  Reuters ID:  1543225468737324800 Mon, 2018-11-26 09:19 DUBAI: Abu Dhabi’s Al Hilal Bank has executed the world’s first sukuk transaction using blockchain technology, it said on Monday. The Islamic bank used the distributed ledger technology, best known as the underpinning of crypto-currency Bitcoin, to sell and settle in the secondary market a small portion of its $500 million five-year
| News |

Bitcoin sinks to new 13-month low

Author:  Reuters ID:  1542619429602425400 Mon, 2018-11-19 09:19 LONDON: Bitcoin slumped to a new 13-month low on Monday, with the biggest cryptocurrency touching $5173.23 on the Bitstamp platform. Bitcoin was last down 5.2 percent at $5270. The cryptocurrency, and other lesser coins including ethereum and XRP, endured a sell-off last week, with some blaming fears that a “hard fork” in
| News |

A small miracle of the App Age: I entrusted my children to a stranger – and they loved it

We knew her name, the number of times her services had been engaged, and of a few short testimonials, apparently from real people, though who knows? My wife and I had arranged a night out, and since nobody we knew was available to look after our young children, we entrusted their care to a stranger – yes, there’s an app for that.
| News |

Early bitcoin investors count winnings after volatile decade

Author:  Reuters ID:  1540965096916765500 Wed, 2018-10-31 05:00 NEW YORK/LONDON: Seven years ago, Marshall Hayner gave his grandfather one bitcoin, worth about $30. On the paper wallet he fashioned to commemorate the gift, the US entrepreneur and software developer wrote: “Do not open until $100,000.” It made Hayner’s grandparents laugh, and indeed bitcoin has not come anywhere near that level.
| News |

Is the Middle East ready for robo-traders?

Author:  daniel fountain ID:  1540937232982789100 Wed, 2018-10-31 01:15 Antonio Simeone, co-founder of Euklid, which manages savings and investments through thousands of algorithms, tells Arab News how his company is developing code that aims to understand not only the vagaries of the market but also the psychology of the trader. Can you describe the likely application of your idea? That
| News |

Afghan voting, Ugandan mudslides and Burundi’s rusty old signs: The Cheat Sheet

Here’s the IRIN team’s weekly take on humanitarian news, trends, and developments from around the globe. */ On our radar A vote for stability in Afghanistan   This weekend, analysts will be keeping an eye on voter turnout for parliamentary elections – seen as a harbinger of public confidence ahead of presidential elections scheduled for next April – as well as signs of voter fraud, which has marred previous polls. Afghan authorities
| News |

Afghan voting, Ugandan mudslides and Burundi’s rusty old signs: The Cheat Sheet

Here’s the IRIN team’s weekly take on humanitarian news, trends, and developments from around the globe. */ On our radar A vote for stability in Afghanistan   This weekend, analysts will be keeping an eye on voter turnout for parliamentary elections – seen as a harbinger of public confidence ahead of presidential elections scheduled for next April – as well as signs of voter fraud, which has
| News |

Zambia central bank warns against use of cryptocurrencies

Bank of Zambia (BoZ), the country’s central bank has cautioned members of the public against cryptocurrencies. BoZ says cryptos are not legal tender in the Republic of Zambia, local portal Mwebantu reports. The bank stressed that persons who involve in such transactions will be doing so at their own risk because cryptocurrencies are not issued by the bank or any known player in the finance sector. Mwebantu further reports that the BoZ statement comes at a time when there was
| News |

William Boyd’s Love is Blind: the story of a sweet-natured outsider told at a cracking pace

Boyd’s career consists of an endless flow of stories in the great realist tradition, with strong plots, well-rounded characters, and written in a language that anyone can understand. Among the literary big beasts who emerged in the 1980s – you know who I mean – William Boyd remains perhaps the most difficult to categorise. The early novels A Good Man in
| News |

Cryptocurrency theft hits nearly $1 billion in first nine months

Author:  Reuters ID:  1539173031798267700 Wed, 2018-10-10 12:00 NEW YORK: Theft of cryptocurrencies through hacking of exchanges and trading platforms soared to $927 million in the first nine months of the year, up nearly 250 percent from the level seen in 2017, according to a report from US-based cybersecurity firm CipherTrace released on Wednesday. The report, which looks at criminal
| News |

World first digital sukuk targets Bitcoin generation

Author:  Matt Smith ID:  1539113159122279600 Tue, 2018-10-09 22:01 BARCELONA: Later this year, what purports to the world’s first digital sukuk will launch, bringing Sharia-compliant social impact investing to the masses. Blossom Finance — an Indonesia-based, US-owned and regulated company that’s guided by one of the Gulf’s most renowned experts in Islamic finance — hopes its pioneering products can enable
| News |

UAE plans initial coin offerings to boost capital markets — regulator

Author:  Reuters ID:  1539007714582654900 Mon, 2018-10-08 12:29 ABU DHABI: The United Arab Emirates plans to introduce initial coin offerings (ICOs) next year to provide companies with a fresh way to raise money, the head of the securities regulator said on Monday. In ICOs, companies issue cryptocurrency tokens to investors, in much the same way as they issue shares in
| News |

Ether cryptocurrency, a victim of blockchain success

Author:  AFP ID:  1537677927641840700 Sun, 2018-09-23 03:50 LONDON: For all the attention afforded bitcoin, it is its rival ether that is hitting the headlines, with the popularity of its blockchain technology Ethereum driving concerns that have sent investors fleeing. Virtual currencies have struggled across the board this month after US investment banking giant Goldman Sachs pulled back from its
| News |

How to avoid falling victim to fake financial apps

Lukas Stefanko, Malware Researcher at ESET highlights that cybercrooks have used fake finance apps on Google Play to phish six online banks and cryptocurrency exchange worldwide. The writer also shares tips to secure yourself against such crimes. Another set of fake finance apps has found its way into the official Google Play store. This time, the apps have impersonated six banks from New Zealand, Australia, the United Kingdom, Switzerland and Poland, and the Austrian cryptocurrency exchange Bitpanda. Using bogus forms, the
| News |

Europol warns on Daesh cyber threat

Author:  REBECCA SPONG ID:  1537286397274875900 Tue, 2018-09-18 18:44 LONDON: Daesh followers could be seeking cyber-attack tools from the so-called ‘digital underground,’ according to a new report from Europol. With Daesh forces having lost most of their territorial strongholds in the Middle East since 2016, the terror organization has increasingly retreated to the web to continue its campaign. The annual
| News |