Goldman Sachs Granted Patent for SETLCoin Cryptocurrency
Many industries such as asset or investment fund management and banking are loaded with inefficiency due to their standing as a trusted third party. As a result, cryptocurrency and blockchain projects have emerged to help reduce these inefficiencies. Goldman Sachs has introduced their own blockchain-based settlement network for resolving transactions across many levels of […]
Parity Hacked: More Than 30 Million Dollars Lost
Parity got hacked?? On Wednesday, July 19th, 2017, several Parity multisig (multisignature) addresses were compromised by a group of “MultiSig Blackhat Exploiters.” Since the attack, only 70,000 of the estimated 153,000 stolen ETH has been withdrawn by the blackhat group who was involved. While the client itself was not directly breached, a contract […]
Fighting Fake News
France has this problem. Actually, the world has it. Back in 1997, James Bond bad guy Elliot Carver boasted “There’s no news like bad news”. Had the movie been made today, it would definitely be “There’s no news like fake news”. So what do we do about it? FAKE NEWS: FUN OR FOE France […]
Kik Announces Kin: Cryptocurrency on Ethereum
What would you do with a $1 billion valuation? For Kik, the answer is setting up and launching their own cryptocurrency. In 2015, Kik received funding to the tune of $50 million from Tencent Holdings, which put them into the Unicorn Club (inclusive only to startups with a billion dollar valuation or more). Now, in 2017, they […]
United Kingdom, France Push Tech Firms to Action on Extremist Content
With her recent comments on tackling extremism online, Prime Minister Theresa May has not earned many fans among the tech industry in the UK or internationally. Nevertheless, she and many other British political leaders are sticking to an aggressive approach. On a trip to France earlier this month, May and her new counterpart Emmanuel Macron discussed how to introduce legal liability […]
Consumer Tech: Empowering and Protecting the Vulnerable
Consumer technology is frequently thought of as a way to improve lives, from making online shopping easier to providing accurate and effortless climate control for vehicles and homes. Those innovations are commonly perceived to be a first world luxury, a way to improve what is already a relatively high quality of life. In some cases, the use of new technology […]
Adylkuzz: Monero Mining Botnet Formed Through Leaked NSA Tools
With the shock of several U.K.-based emergency rooms being knocked out of commission still fresh in the minds of citizens worldwide, ransomware continues to grow in popularity both as a household term and as a method of extortion. Some malware has, however, taken to a less confrontational and potentially more lucrative method of attack. The […]
The Growth of Cloud Infrastructure in Europe
2017 is seeing cloud infrastructure rise to a new prominence, all across the world but especially in Europe. At a keynote event in Barcelona, Atlassian CEO Scot Farquhar announced a wave of new investments in cloud infrastructure across Europe and noted the motivations behind these developments: “Our European cloud customers will experience improved performance and reduced latency. […]
General Data Protection Regulations: Effects on EU businesses
On May 3, Dublin hosted the Data Sec 2017 conference against the backdrop of the EU’s upcoming General Data Protection Regulation (GPDR). The conference highlighted concerns that Irish businesses won’t be prepared prior to the transition. After all, the GDPR does not merely require organisations to avoid doing harm to individuals in terms of the personal […]
Citymapper calls out RATP for blocking real-time data; agency says system needs upgrade (Updated)
This story was updated with comments throughout from RATP at 19h20 CET. Citymapper has launched an online petition drive to rally users to its side as it finds itself fighting a decision by Paris’ public transportation agency over access to real-time bus data. [UPDATE] A spokesmen for Régie Autonome des Transports Parisiens said in an interview […]