In the wake of COVID-19, data theft is by far the top tactic, followed by crypto mining and ransomware. COVID-19 has introduced many new normals for business, and IT operations are no exception. Despite tighter technology budgets in the wake of the economic recession, companies are moving full steam ahead toward the cloud due to…
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One of the most curious things about the emergence of cryptocurrencies has been its tie to a nascent movement in commercial space exploration and commercial space launches. At first, it seems like an odd fit — until one begins to understand that private modules and satellite communications as well as further space exploration dovetails with…
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Over the past five years something extraordinary has happened in blockchain: countries usually known for following tech innovation have taken leadership roles. Instead of normal stalwarts like the U.S. at the helm, many Middle Eastern countries are leading the way. What do they have in common? Friendly regulation. This week the Saudi Arabian Monetary Authority…
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Cryptocurrency – From lower fumes to more time spent with family, there are some glimmers of light in the darkness of the COVID-19 era. And, despite the rise of coronavirus-themed scams, cybercriminals hoping to make bundles of cryptocurrency during global lockdowns are earning less than ever, according to a report released Friday. The report, shown…
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Bitcoin crashed this week, collapsing by almost 15% over the last seven-days and dragging down the wider cryptocurrency market. The bitcoin price, which has had an incredible start to the year, had been hovering around $10,000 per bitcoin before moving sharply lower—diving just as global markets went into free fall due to the spreading coronavirus.…
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CHINA’S MINING DOMINANCE Crypto – A new report has found that nearly 65% of the bitcoin hashrate originates from China, meaning that China has dominated bitcoin mining more than any other country this year. 2019 has been a relatively good year for miners in general, generating $5.4 billion in total revenue, and China has consistently…
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Everything from high costs to security vulnerability can be mitigated. Crypto mining is the process of releasing cryptocurrencies into a network by completing a given set of mathematical computations. And just like any other mining industry — gold, data, etc.– it comes with a unique set of challenges. For the uninitiated, cryptocurrencies are underpinned by…
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