Bitcoin could jettison nelow $5,000 should a mysterious Tether cryptotoken report be right

Some people think bitcoin’s spectacular price rise last year was manipulated by a cryptotoken called Tether that’s supposed to be pegged to the US dollar. Now, an anonymous report answers the question: What would bitcoin be worth without Tether? The answer: around $4,500, based on the current bitcoin price of about $7,600. Tether is a …

Developing Countries to be wary of risks from new technologies

Technological advances associated with the fourth industrial revolution – including artificial intelligence – allow the automation of an increasingly wide array of processes in increasingly interactive and sophisticated ways. These advances will likely give rise to many opportunities for economic and social development in developing countries, for instance by increasing food production. But the new …

AT&T accuses DoJ of ‘improper selective enforcement’ of antitrust laws

AT&T is accusing the U.S. Justice Department of “improper selective enforcement” of antitrust laws in its attempt to block the telecommunications giant’s proposed purchase of media company Time Warner Inc. AT&T on Tuesday filed its response to the Justice Department’s high-profile lawsuit that seeks to derail AT&T’s acquisition of the media company that owns HBO, …

Bitcoin is scaring banks, reduces need for central third-party institutions

Tech. blogs and financial news networks are buzzing about blockchain, a cryptographic, distributed trust technology. The key innovation is how it reduces the need for central third-party institutions to serve as central authorities of trust — banks, courts, large corporations, stock markets and even governments, for example. Distributed trust enables co-operative forms of organization without …

September 2017 data breaches and cyber attacks; 174 million records leaked

The cyber security news has been dominated by just one story all month of september: Equifax, which suffered one of the largest reported corporate data breaches in history. Lewis Morgan has gone through the trouble to list the September 2017 cyber breaches, by his count, there have been 174,429,805 known leaked records this month yet …

Altea software crashes causing major disruption at airports around the world

Dailymail is reporting that airline passengers are suffering major disruption at airports around the world as various check in systems have crashed. Problems have been reported in Charles de Gaulle Paris, London Gatwick, Washington DC, New York, Changi in Singapore, Johannesburg and Zurich. Passengers are reporting huge delays A Gatwick Airport spokesman said: ‘This is …