Deloitte Recognizes the Role of Blockchain Consortia in Influencing Adoption

Deloitte Recognizes the Role of Blockchain Consortia in Influencing Adoption The “Big Four” consulting firm, according to a report, attributes the success of blockchain technology to various groups. The consortium of global banking and financial institutions headed by R3 and other similar consortia seems to have played an important role in blockchain adoption. Deloitte is one…

Crypto Security in 2016: A Tale of Two Weaknesses

Crypto Security in 2016: A Tale of Two Weaknesses   Bill Shihara is the CEO and co-founder of cryptocurrency exchange Bittrex, and a former security engineer at Amazon, Blackberry and Microsoft. In this CoinDesk 2016 in Review special feature, Shihara reviews the major cybersecurity events in the industry this year, drawing clear trends that could inform firms and…

Ukraine Mall Bomb Hoax: Blackmailer Demands 200 BTC Ransom to Stop

Ukraine Mall Bomb Hoax: Blackmailer Demands 200 BTC Ransom to Stop Cybercriminals are giving Bitcoin a bad name. Starting with hacking attempts, criminals have been trying to extort money from unsuspecting individuals and businesses by infecting their computers with ransomware or blackmailing them with ill-gotten confidential information. The ransom demand, in Bitcoin payments, is a…