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Stock photo SoftBank, Sprint, and TBCASoft have revealed plans to create new solutions which introduce blockchain technology into the telecommunications industry. On Friday, the companies announced their intentions to “aim” for a technology partnership which will jointly develop blockchain technology for telecommunication carriers. In a press release, the firms explained that the heart of the research and development of a new blockchain solution relies on TBCASoft, which […]

Friday 05.00 GMT Overview Asian stocks looked set to end a solid week on a down note, taking their cue from a subdued session on Wall Street as investors looked past some optimistic comments on US tax cuts and failed to catch a boost from higher oil prices. Hot topic Steve Mnuchin, the US Treasury Secretary, said the White House wanted to pass “very significant” tax reform […]

Since Ancient times, Visual Capitalist’s Jeff Desjardins explains, gold has served a very unique function in society. Gold is extremely rare, impossible to create out of “thin air”, easily identifiable, malleable, and it does not tarnish. By nature of these properties, gold has been highly valued throughout history for every tiny ounce of weight. That’s why it’s been used by people for centuries as a monetary metal, […]

By Nate Raymond | NEW YORK NEW YORK The trial of two men was delayed on Monday in a case stemming from a probe into a bitcoin exchange and a data breach at JPMorgan Chase & Co after prosecutors revealed a new witness. Jury selection was set to begin in Manhattan federal court in the case of Yuri Lebedev, whom authorities call the architect of bitcoin exchange […]

Researchers from North Carolina State University, Boston University and George Mason University have developed a Bitcoin-compatible system that could make it significantly more difficult for observers to identify or track the parties involved in any given Bitcoin transaction. Bitcoin was initially conceived as a way for people to exchange money anonymously. But then it was discovered that anyone could track all Bitcoin transactions and often identify the […]

While Uber is dealing with fallout from its response to Trump’s Friday immigration order, when it tweeted it would pause surge pricing, which was taken as a form of “strike breaking,” whilst simultaneously profiting off the situation, and its actions were seen as seeking to grab market share from striking taxi drivers, leading to a #DeleteUber meme spreading across social networks, it has a more tangible problem […]

By Anna Irrera | NEW YORK NEW YORK Cisco Systems Inc (CSCO.O), Bosch Ltd (BOSH.NS) and several other companies, have set up a consortium to work on how blockchain can be used to secure and improve “internet of things” applications, as sectors beyond finance seek to benefit from bitcoin’s underlying technology. The group, which also includes Bank of New York Mellon Corp (BK.N), Foxconn Technology Group, security […]

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When it comes to the future of bitcoin, the “holy grail” has emerged as becoming the first to have a bitcoin ETF approved by the SEC. Over three years ago, in 2013, the company of the Winklevoss twins, Cameron and Tyler, Winklevoss Capital Management LLC, launched the first proposed bitcoin ETF, the Winklevoss Investment Trust, looking to trade on the HFT-dominated BATS exchange. The SEC is expected […]

Blockchain has moved on from its Bitcoin past and is being touted as an effective and inexpensive way to safeguard data, with one Singapore-based vendor launching its first blockchain-based authentication tool. Because it provides a shared replicated “immutable” ledger, blockchain can facilitate a “single source of truth” and a secure, tamper-proof system of record, according to Alan Lim, Asean practice lead for IBM Blockchain and Bluemix Garage. […]

Staff costs are rising faster than beer prices and its market faces intense competition. Still, Hong Kong investors sent Bar Pacific soaring as much as 1,600 per cent on its debut for the best-ever opening day by a pub group anywhere in the world. The group, which specialises in local neighbourhood bars rather than the glitzy city centre offerings more usually associated with Hong Kong, raised HK$45.2m […]

The Merry Christmas ransom note features Futurama’s evil Robot Santa. Image: SANS Internet Storm Center Unsuspecting internet users could find themselves on the receiving end of an unwanted belated Christmas present, malware that doesn’t only encrypt their Windows PC and hold it to ransom, but also steals personal data and login credentials. Spotted by cybersecurity researchers in the first week of the year, the Merry Christmas ransomware […]

Attackers claim to hold a copy of the data that can be restored for between 0.2BTC and 1BTC, but there’s no guarantee it’s actually available. Image: Victor Gevers/Twitter Tens of thousands of poorly-configured MongoDB databases have been compromised over the past week, with attackers wiping data and demanding up to one bitcoin to return it. Victor Gevers, from Netherlands-based GDI Foundation, and Niall Merrigan, a Norway-based developer, […]

Disappointment again…   Early exuberance in stocks – as overnight gains suggested panic buying at the US open, faded rapidly as financials and tech faded and crude plunged (despite better than expected data)… then after NYMEX closed VIX was smashed lower and stocks lifted…   S&P was best on the day, Trannies were red (thanks to Ford news impacting rails)… NOTE – stocks ripped at the open, […]

LONDON Euro zone stocks opened 2017 by climbing to their highest in more than a year on Monday after data showed manufacturers in the currency bloc ramped up activity at the fastest pace in more than five years. With all of Asia’s major markets closed for the New Year holiday – along with Britain and Switzerland in Europe – trade was thin, which could cause some volatility. […]

Some analysts believe the rise in Bitcoin is due to some investors treating it as a safe-haven, like gold, at a time of global uncertainty The value of Bitcoin surged above $1,000 on Monday as the digital unit continues a dizzying rise that made it the best-performing currency of 2016. Its value has more than doubled in the last year and it was trading at around $1,024 […]

LONDON Digital currency bitcoin kicked off the new year by jumping above $1,000 for the first time in three years late on Sunday, having outperformed all central-bank-issued currencies with a 125 percent climb in 2016. Bitcoin – a web-based “cryptocurrency” that has no central authority, relying instead on thousands of computers across the world that validate transactions and add new bitcoins to the system – jumped 2.5 […]

Time to pick the trends that will make the industry interesting—or not—next year. This is the time of year when the tech pundits discuss what happened last year and what will happen next year. Usually they miss the points from last year and mess up those for next. But let’s see if I can do any better. The Internet […]

Coinbase Inc. customers have no legal basis to try to stop the Internal Revenue Service from collecting their digital currency transactions, according to government lawyers. The agency’s argument laid out in a new court filing counters an effort by a Los Angeles class-action lawyer to quash the IRS’s sweeping summons on the leading bitcoin company. As Law […] (via WSJ)

The National Security Agency can read your email. Verizon knows where you are at all times. Amazon is confident you’re in the market for a new printer. We know these things about the weird world we live in, but few of us ever stop to think about what they really mean. Recently, a group of artists got together in New York City to change that. […]

Christmas is almost here (and so is Hanukkah), and so it is time for the Long View to revisit the offices of Hindsight Capital LLC once more. Hindsight Capital, for the uninitiated, is the hedge fund that beats all others year in and year out because it is endowed with 20/20 hindsight; it can see the future. The returns to clairvoyance are potentially infinite, so it has […]

Dubai, 15 December 2016 At the end of October the new cryptocurrency Zcash was launched. It is positioned by its creators as a more secure alternative to Bitcoin. Soon after the launch, the price of Zcash coins skyrocketed, followed by a spike in the installation of the application used to generate Zcash on personal computers. In many of these cases, the app was disguised as something else […]

Toronto worker Kristy Milland looks for data jobs that she can pick up to make ends meet. Image: Sam Santos/George Pimentel Photography This article originally appeared on TechRepublic. Each morning when she wakes up, Kristy Milland powers up her home computer in Toronto, logs into Amazon Mechanical Turk, and waits for her computer to ding. Amazon Mechanical Turk (AMT), which has been around for over a decade, […]

A Los Angeles class-action lawyer is trying to block the IRS from obtaining a sweeping array of customer records from a leading bitcoin company. The lawyer’s legal filing, filed in federal court late Tuesday, is the first substantive legal challenge to the so-called “John Doe” summons on San Francisco-based Bitcoin platform Coinbase Inc. Law Blog reported […] (via WSJ)

A new kind of ransomware comes with its own “referrals” program, one that you probably wouldn’t want to join. The malware called dubbed “Popcorn Time” locks your Windows computer’s files with strong AES-256 encryption, until you a pay a ransom of one bitcoin (or $780 at the time of writing). (Image: MalwareHunterTeam) But this ransomware comes with a twist. The lock screen will let you unlock your […]

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