Security News

On Blockchain Voting
2020-11-16 15:55

Blockchain voting is a spectacularly dumb idea for a whole bunch of reasons. Why is blockchain voting a dumb idea? Glad you asked.

IBM and R3 collaborate to expand choice for clients scaling blockchain technology
2020-10-23 00:15

IBM and R3 announced a new collaboration to formally expand choice for clients scaling blockchain technology while delivering their highest levels of performance, compliance and data privacy. As part of the collaboration, R3 announced a new open beta program to bring R3's enterprise blockchain platform, Corda Enterprise, to IBM LinuxONE next month across the hybrid cloud-both on-premises and the IBM Cloud-delivered via IBM Cloud Hyper Protect Services.

How will blockchain impact the global economy?
2020-10-16 03:00

An analysis by PwC shows blockchain technology has the potential to boost global gross domestic product by $1.76 trillion over the next decade. That is the key finding of a report assessing how the technology is being currently used and exploring the impact blockchain could have on the global economy.

MatRiCT: A quantum-safe and privacy-preserving blockchain protocol
2020-10-01 03:00

Researchers from CSIRO's Data61 and the Monash Blockchain Technology Centre have developed the world's most efficient blockchain protocol that is both secure against quantum computers and protects the privacy of its users and their transactions. The protocol - a set of rules governing how a blockchain network operates - is called MatRiCT. Cryptocurrencies vulnerable to attacks by quantum computers.

Take your pick: 'Hack-proof' blockchain-powered padlock defeated by Bluetooth replay attack or 1kg lump hammer
2020-09-14 20:12

A "Hack-proof" smart padlock with security based on blockchain technology could be defeated by a simple Bluetooth replay attack - or a 1kg lump hammer. Its unique selling point is that the padlock can be locked and unlocked using an app that transmits over a Bluetooth Low Energy connection, rather than a physical key or combination lock.

US Postal Service Files Blockchain Voting Patent
2020-08-28 06:40

Abstract: A voting system can use the security of blockchain and the mail to provide a reliable voting system. A registered voter receives a computer readable code in the mail and confirms identity and confirms correct ballot information in an election.

Blockchain Security Startup Valid Network Raises $8 Million in Seed Round
2020-07-14 13:05

Blockchain cybersecurity startup Valid Network today announced raising $8 million in a seed funding round, bringing the total raised by the company to $10 million. Valid plans to use the new funds to fuel research and development, increase its team in Israel, and also open an office in New York City, to expand its business in the United States.

Glupteba – the malware that gets secret messages from the Bitcoin blockchain
2020-06-24 16:50

Our experts have deconstructed a strain of malware called Glupteba that uses just about every cybercrime trick you've heard of, and probably several more besides. The most interesting feature that we learned about in the report is how Glupteba uses the Bitcoin blockchain as a communication channel for receiving updated configuration information.

How blockchain is transforming online gaming for players
2020-06-17 19:21

It's actually an investment company that wants to make online gaming more fair for players by funding early-stage gaming startups that incorporate blockchain technology in the nascent blockchain gaming industry. The idea, said Craig Russo, the company's director of innovation, is to broaden the appeal and growth of online gaming by giving players tools that allow them to keep those purchases or migrate them for use in other games without having to buy them again.

Blockchain expert discusses a world without usernames and passwords
2020-06-12 14:22

Due to the frequency, most of the public and news outlets focus on only the most damaging breaches containing the most sensitive personal identifying information, routinely ignoring the more common hacks that leak usernames and passwords for basic website accounts. While a number of different options have emerged, Ethereum co-founder Charles Hoskinson said in an interview that blockchain was the key to a passwordless future for the internet.