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A thin metal faceplate is often used to conceal the hole drilled into the front of the ATM. The PIN pad shield pictured here is equipped with a hidden spy camera. [Note: this pertains mostly to US cards with magnetic stripe – the Euro cards with encryption chips are much less prone to this kind…
German automobile manufacturer Porsche AG will increase in its investments in startups — with a focus on blockchain and artificial intelligence (AI) — by around $176 million over the next five years, according to a company press release published September 25. The increase in Porsche’s total investment in venture capital activities for next five years…
American courier delivery services giant FedEx has joined Hyperledger, an open-source project established to improve cross-industry blockchain technologies, according to a press release published September 26. Hyperledger, which is hosted by the Linux Foundation, enables organizations to build blockchain-based industry-grade applications, platforms and hardware systems in the context of their individual business transactions. In joining…
That Bitmain is a behemoth is hardly news. CoinDesk had previously reported that the cryptocurrency mining hardware maker brought in revenues of $2.5 billion in 2017 and $2 billion in Q1 2018, but with the publication on Wednesday of Bitmain’s draft initial public offering (IPO) prospectus – a step towards its much-anticipated listing on the Hong…
From soft and hard forks to protocol upgrades, to the implementation of Segwit and to the future outlook of the Lightning Network (LN), the Bitcoin network has come a long way since its inception in January 2009. As of Sept. 18, 2018, the average block size on the Bitcoin network is .8MB and the average number…
Dairy Farmers of America (DFA), a U.S. national milk marketing cooperative, has teamed up with food fintech startup ripe.io to pilot a blockchain-powered project aimed at improving the food supply chain, according to an announcement published September 25. DFA is a cooperative owned by dairy farmer-members in 48 states, the net income of which totalled…
Just a few days ago, Crowd Machine was working to build a crypto replacement for Amazon Web Services. Today, it is facing questions about its survival. On Saturday, according to a post by the Crowd Machine team, a hacker compromised the company’s cryptocurrency wallet and stole a large number of the application’s native Crowd Machine…
The Commonwealth Scientific and Industrial Research Organization (CSIRO) An Australian federal science agency has completed a global test on a blockchain network it developed with the University of Sydney, which, the two said, indicated the system can process 30,000 cross-border transactions per second. The Commonwealth Scientific and Industrial Research Organization (CSIRO) released the test…
The Marine Corps is aggressively trying to recruit cyber talent. Beginning in October, all enlisted Marine applicants will be given a cyber test while at a military entrance processing station, according to Capt. Alex Ryan, operations analyst for manpower studies and analysis branch at Manpower and Reserve Affairs. Officer candidates won’t be administered the test.…
Schematic Europe on a screen at Telekom’s Security Operation Center (SOC) in Bonn A cyber defense training pact has been signed by Deutsche Telekom and Germany’s Bundeswehr. Their deal expands a network of commercial and federal information security hubs centered in Bonn. Germany’s telecommunications giant Telekom announced on Tuesday a closer cooperation with the Bundeswehr in…
Not really Blockchain (it is a private Ethereum implementation) – but let’s not be too picky, it goes in the right direction. A major blockchain payments trial launched by JPMorgan, Australia’s ANZ and the Royal Bank of Canada has just gained over 75 new banks as participants. As reported by CoinDesk, the three banks set…
Talk about shooting yourself in the foot with the switch to PoS … you cannot block hardware boosts, thus making majority staking (and cashing in on gas) so easy in the future. Read it for yourself: Several ethereum miners and developers have come forward with the goal of stopping specialized mining hardware from effectively…
To replace a system which tracks parts using a paper-based process and manually recorded on a database, hoping to switch US Naval Aviation Enterprise processes to a DARPA-initiated permissioned blockchain. A U.S. Navy command is exploring the potential of blockchain technology in tracking aircraft parts. The Naval Air Systems Command (NAVAIR) – which provides material support…
Standard procedure for any serious bug. Over half of bitcoin’s mining hash rate has upgraded to the patched software version, meaning the attack can no longer be used. This week’s major bitcoin bug was even worse than developers initially let on. The bug originally rocked the bitcoin world when it was reported the vulnerability…
The new US strategy is called by the Pentagon as “countering, disrupting, degrading and deterring” attacks. With this new approach, the US Treasury Department “has used its cyber sanctions authorities to impose costs on Russia, North Korea, Iran and others for a wide range of behavior.” The United States is taking off the gloves…
The idea behind the (open-source) Cloudflare Onion Service is to have domain names first resolve to an .onion address, with the browser then asking for a valid certificate to establish an encrypted connection with the host – without running entry, relay, or exit nodes. Cloudflare on Thursday announced a new service to provide Tor…
![[IPFS] DLT vs. HTTP: CloudFlare’s Quest to Decentralize the Internet](/wp-content/uploads/2018/09/DLT-vs.-HTTP-CloudFlare%E2%80%99s-Quest-to-Decentralize-the-Internet-740x300.jpg)
Open-source InterPlanetary File System (IPFS) alters the conventional HTTP system the internet is largely based on. Cloudflare offers an early gateway to use the system. On Sept. 17, a vital United States-based content delivery network (CDN) CloudFlare introduced a new decentralized content gateway via InterPlanetary File System (IPFS), a peer-to-peer (p2p) network run by thousands…
Compare to yesterday’s announcement by Russian Bitfury for their new 14nm ‘Clarke’ ASIC Bitcoin (BTC) mining behemoth Bitmain has unveiled its next-generation ASIC chip soon to be used in the firm’s new “Antminer” crypto mining machines, Reuters reports September 21. An Application-Specific Integrated Circuit (ASIC) chip is a piece of tailored mining hardware geared to…
Blockchain firm Bitfury has come up with a novel product aimed at making it easier to pay for products with bitcoin. A specialized engineering team within the company has developed a coffee vending machine capable of connecting to the Lightning Network, a second-layer transaction protocol designed to make bitcoin more scalable by processing transactions off…
A blockchain team from Royal Bank of Scotland (RBS) has left to start a blockchain “venture studio” called Chorum. Revealed exclusively to CoinDesk, Richard Crook, who headed up the RBS innovation team, takes with him engineers Mark Simpson, Ben Wyeth and Farzad Pezeshkpour. Their move is the latest in a string of departures by enterprise…