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
Cryptocurrencies (such as Bitcoin) are all the rage -- so, naturally, related domain name disputes are, too. The wild fluctuations in cryptocurrency prices (Bitcoin hit a low of close to $6,000 this week, after reaching an all-time high of more than $19,000 only two months ago, and less than $1,000 a year ago) have attracted speculators, regulators and now even cybersquatters. more
A water utility in Europe was compromised by cryptocurrency malware mining attack; the attack is the first public discovery of an unauthorized cryptocurrency miner impacting industrial controls systems. more
New research indicates Thailand as being the world's number one hotspot for cryptocurrency mining malware. more
I am a student of life, learning one hard lesson at a time. In fact, I actually dropped out of my last year of college to start a tech company in a new space called the internet. I was an entrepreneur running an online service prior to the advent of the world wide web in 1992, back when Pine, Usenet, and Gopher ruled the information superhighway. Over the last 25 years, I have learned a great deal about technology adoption cycles by launching six internet companies, each at the forefront of a new technology wave. more
China is preparing for a new crackdown on cryptocurrency, planning to stamp out remaining trading in the country, according to state media. more
Kodak today revealed the launch of a blockchain-based platform called KODAKOne which is aimed to empower photographers and agencies to take greater control of image rights management. more
The banking industry is evaluating security benefits of using blockchain to send encrypted information. more
Let's say I'm with the Chinese government and decide that I am tired of people evading currency controls and money laundering using Bitcoin. So we adjust the Great Firewall of China to block port 8333. We also add some proxies that allow some uncleared transactions from outside to flow into Chinese networks but not the other way and keep track of which ones we let through. Since a large fraction of the miners are inside China, and all of the hard currency exchanges are outside, this will cause a pretty serious fork. more
Lately, the word blockchain is gaining a lot of attention from businesses, investors and governments, especially around how it could transform how we do business today. As the world looks up to Blockchain technology for radical transformations in many industries and sectors, I want to take a look at how it could help governance in Africa.
The African continent is plagued with corruption, bad governance, mismanagement and lack of accountability. more
Each year in December, I sit down and take a moment to reflect on how the .brands space has progressed in the previous 12 months. Most folks will understand that starting a movement to create the next evolution of the internet with 'digital superbrands' was a little slow at first. Slowly but surely, that has started to change and especially in 2016, it really felt like people were starting to 'get it' -- both in terms of brands themselves, and the media and consumers. more
Nearly $64m in bitcoin has been stolen by hackers who broke into Slovenian-based bitcoin mining marketplace NiceHash. more