In a new paper, titled ‘Is Bitcoin Really Un-Tethered?’, University of Texas finance professor John Griffin, and graduate student Amin Shams, look at how Bitcoin’s price may have been artificially inflated last year. Bitcoins incredible rise in value in the last 12 months has been down to massive market manipulation, a new study has revealed. During …
In a plenary session of the European Parliament that will be held today in Strasbourg, France, members of the European Parliament (MEPs) will vote on a motion for resolution which includes a clause to ban the use of software programs “that have been confirmed as malicious, such as Kaspersky Lab.” This particular ban clause is …
NAIROBI, June 11 (Reuters) – Kenya will publish a draft data protection law this month to create safeguards for personal data held by mobile phone-based lenders and others, Minister of Information, Communication and Technology Joe Mucheru said on Monday. It will specify how data can be stored and shared and will take into account standards …
Phone maker Apple has updated its developer guidelines to explicitly ban “mining” cryptocurrencies like bitcoin. The new rules restrict apps that drain battery, generate excessive heat, or put unnecessary strain on device resources — all of which take place in bitcoin mining. “Apps, including any third party advertisements displayed within them, may not run unrelated …
Ticketfly says that a cyberattack has exposed information belonging to roughly 27 million accounts. The Eventbrite-owned ticket sales platform took its website offline one week ago. The company said it believed it was the “target of a cyber incident,” and this has turned out to be true. The company said it believed it was the …
Microsoft has reportedly acquired GitHub, and could announce the deal as early as Monday. GitHub is a large code repository that has become popular with developers and companies hosting their projects, documentation, and code. Apple, Amazon, Google, and many other big tech companies use GitHub. Bloomberg reports that the software giant has agreed to acquire …
Uganda’s parliament has passed a law to impose a controversial tax on people using social media platforms. The new Excise Duty (Amendment) Bill will also impose various other taxes, including a 1% levy on the total value of mobile money transactions – which civil society groups complain will affect poorer Ugandans who rarely use banking …
Threats to cyber security are increasingly organised and transnational with no respect for geographical borders. Over the last year, we have seen a significant increase in the scale and severity of malicious cyber activity globally. In the UK, we have seen the impact of major cyber security incidents, such as the WannaCry attack that affected …
Facebook took moderation action against almost 1.5bn accounts and posts which violated its community standards in the first three months of 2018, the company has revealed. In its first quarterly Community Standards Enforcement Report, Facebook said the overwhelming majority of moderation action was against spam posts and fake accounts: it took action on 837m pieces …
A new form of cryptominer has been discovered which crashes systems the moment antivirus products attempt to remove the malware. The malware, dubbed WinstarNssmMiner by 360 Total Security researchers, has been used in half a million attempted attacks leveraged at PCs in only three days. On Wednesday, the cybersecurity firm said the cryptomining malware aims …