Bletchley Park to house the UK’s next generation of cyber talent November 24, 2016 Renowned World War II codebreaking site Bletchley Park is going to play host to the next generation of the UK’s cyber experts. Under plans announced today the site is to be refurbished as country’s first National College of Cyber Security, with the first cohort of 16-19-year-olds expected from September 2018. The free-to-attend school will take on [...]
World’s first bitcoin miner IPO draws near for Bitcoin Group October 16, 2015 The world’s first bitcoin mining IPO is drawing near, as Australia’s Bitcoin Group Limited launches a “pre-IPO”. After two failed attempts to list, could it be third time lucky for the company? Bitcoin crowdfunding platform BnkToTheFuture has launched a fund to invest in the firm, with less than a month to go until its flotation. Bitcoin [...]
Fintech predictions 2016: Blockchain and bitcoin unicorns will give way to “thoroughbreds” December 13, 2015 More good news for bitcoin, and the blockchain technology that it builds upon: At least five startups with $1bn valuations are expected to emerge within the next year, according to M&A advisers Magister Advisors. The advisers have been gazing into their crystal ball for next year, and foresee good times ahead for bitcoin firms, predicting [...]
This consulting firm has created an “editable” blockchain and people are puzzled September 20, 2016 Blockchain, heralded in part for keeping an immutable record of transactions, could soon become editable. Accenture has patented a prototype for making changes to it in "exceptional circumstances" to take into account errors recorded such as so-called fat finger moments, or, human error. “As we focus on new uses for blockchain technology beyond the realm of cryptocurrency, absolute immutability will become both [...]
Someone is using the Ashley Madison hack to send blackmail threats by post, and they’re asking for payment in bitcoin January 22, 2016 Six months on from the Ashley Madison hack, it seems the consequences of the notorious data breach has not gone away. At the time there were fears that members of the dating website, aimed at people already in relationships, would be unveiled following the hack. Some people, it seems, have indeed been being blackmailed and [...]
Oil prices climb back from earlier losses as dust settles on Donald Trump win November 9, 2016 Oil prices have recouped earlier losses as global markets adjusted to Donald Trump's election as the 45th US president. Global benchmark Brent crude was trading up 0.04 per cent, or two cents, to $46.06 a barrel in the early afternoon UK time. Prices fluctuated around four per cent between $44.40, the lowest level since mid-August, [...]
European Commission clamps down on cryptocurrency anonymity in bid to tackle terrorist financing and money laundering July 5, 2016 The European Commission has proposed a strict set of rules that would end anonymous cryptocurrency transactions in a bid to crack down on terrorist financing. The commission today said it plans to bring virtual currency exchange platforms under the scope of the Anti-Money Laundering Directive. This will mean exchanges will have to apply due diligence controls to [...]
Bitcoin price: More people are now searching for bitcoin than Chinese yuan or Japanese yen – but it can’t match the pound or the dollar November 16, 2015 Bitcoin’s wild surge and fall has had people flocking around the cryptocurrency. Now fresh data reveals that more people are interested in finding out how bitcoin is doing than the Chinese yuan, or renminbi. Google search data shows that more people have been searching for the digital currency than the renminbi over the past month, [...]
Bitcoin price has smashed the $500 mark November 4, 2015 Bitcoin has gone through the roof, with the cryptocurrency passing $500 – a new 2015 high. The digital currency has surged 50 per cent in the past five days alone, as its gains have begun accelerating dramatically on the back of the EU’s recent decision to accept it as a currency. Charles Hayter of CryptoCompare [...]
Hillary Clinton has backed public service blockchain applications as part of her technology manifesto June 29, 2016 Democratic presidential candidate Hillary Clinton backed blockchain in her Initiative on Technology & Innovation, released on Monday. Clinton, who according to the Associated Press has won enough support to secure the Democratic Party's nomination, announced she would back the distributed public ledger technology if she became president, as part of a wider strategy to promote innovation and ensure [...]