You might not understand how crypto-currencies or blockchain wallets work, but Facebook's announcement this week is a clear signal that these new technologies will soon become ubiquitous. Facebook's introduction of its own crypto-currency to its 2 billion users means mass adoption of crypto-currencies and digital wallets are on the horizon. This has implications that trademark owners need to be aware of. more
Facebook today announced a newly formed subsidiary, named Calibra, to provide financial services. The first product Calibra will introduce, according to the company, is a digital wallet for Libra. more
Some of the leading internet messaging companies including Facebook, Telegram and Signal are moving ahead with plans to provide mainstream consumers digital coins. more
A new security report reveals cryptominers infected ten times more organizations than ransomware in 2018, but only one in five IT security professionals were aware their company's networks had been infected by mining malware. more
The company running the new .LUXE top-level domain (TLD) recently issued an update on its progress with the innovative effort to tie the TLD with blockchain. more
In recent times, I've been struggling to determine where blockchain has demonstrated its immensely promised value, delivered true market or stakeholder value, or disrupted an existing ecosystem. And thus far, what I keep coming up with is that "blockchain is truly a solution searching for a problem." Most of all, many of its enthusiasts and proponents are generally conceptual thinkers and/or snake oil salespersons who have little to no experience delivering secure, integrated, complex systems. more
In a recently published Uptime Institute Survey, Uptime Institute found that organizations operating data centers are finding it increasingly difficult to recruit professionals skilled in security, networking, and hybrid technologies. This realization comes at an interesting time, as the monolithic business infrastructure built over the last two decades is now entering a period of transformation. more
Bitcoin's unreal hype has obscured that it is mostly used to facilitate drug deals, ransomware, tax evasion, and even the occasional murder for hire. After the 60% price drop, demand for bitcoin mining gear has fallen so much TSMC has to lower sales estimates for 2018... Now, Austrian Ambassador in Tehran Stefan Scholz has suggested it could be a powerful boost to the European intent to bypass the U.S. economic blockade. That could provide demand for $billions of bitcoins. more
Digital Transformation (DX) is picking up speed. According to a recent announcement by IDC, the market is expected to grow at a Compounded Annual Growth Rate (CAGR) of 17.9% to reach a whopping 321 billion dollars by 2021. In 2018 alone, IDC expects that 326 billion will be spent on transforming how people and things communicate. Based on these numbers, it looks like Digital Transformation has become the real deal. more
Researchers at security service provider, Zscaler, are reporting that in the past six months they have blocked over 2.5 billion web-based cryptomining attempts within their cloud service. more
Tesla's cloud environment has been infiltrated by hackers and used to mine cryptocurrencies, researchers have discovered. Other victims include Aviva and Gemalto. more
Reuters reports today that several top lawmakers have revealed a "bipartisan momentum is growing in the Senate and House of Representatives for action to address the risks posed by virtual currencies to investors and the financial system." more
The Federal Communications Commission on Thursday sent a letter to an individual in Brooklyn, New York, alleging that a device in the individual's residence used to mine Bitcoin is generating spurious radiofrequency emissions, causing interference to a portion of T-Mobile's mobile telephone and broadband network. more
Thousands of websites are reported to have been infected by malware over the weekend forcing visitors' computers to mine cryptocurrency while using the sites. more
Spending on blockchain solutions in the Middle East and Africa (MEA) will more than double this year, according to the latest insights from International Data Corporation. more
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