article thumbnail

Bitcoin Daily: ‘DeFi' Becomes Popular Crypto Rebranding Term; G7 Expresses Concern Over Ransomware

PYMNTS

The rebranding initiatives in a number of instances are bringing about a rise in crypto prices last observed in at the height of 2017’s bitcoin bubble. In theory, DeFi apps are meant to allow individuals to borrow, loan, get insurance or exchange amongst themselves sans middlemen.

Bitcoin 196
article thumbnail

Bitcoin Daily: Mark Cuban Prefers A ‘Pet Rock’ To Bitcoin, UK Warns PC Users Of ‘Cryptojacking’

PYMNTS

After @bitcoin was suspended from Twitter on Sunday (April 8), the account is back with digs at bitcoin, Bloomberg reported. The owner of the account, who has remained anonymous, apparently prefers bitcoin’s rival cryptocurrency – bitcoin cash – that split from bitcoin. And it may not be going away: The U.K.’s

Bitcoin 102
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Global Cyber Attack Hits 100k Institutions In 150 Countries

PYMNTS

As has been widely reported, a massive attack hit everything from the United Kingdom’s National Health Service, European automakers and Chinese firms and any number of companies across other verticals, winnowing its way through disparate countries into Saturday. El Mundo reported attackers want a ransom paid in bitcoin, Bloomberg stated.

article thumbnail

North Korea Likely Behind Ransomware Attacks, According To Symantec

PYMNTS

North Korea is the likely culprit behind the WannaCry cyber attack that managed to infect 300,000 computers worldwide. That comes care of cyber security firm Symantec, which confirms its researchers found multiple links between early versions of WannaCry and the code in previous outings by the North Korea-backed hacking group.

article thumbnail

Does Trump’s Cybersecurity Platform Have A Leg To Stand On?

PYMNTS

Many are hoping Trump will do a better job safeguarding our nation from cybersecurity threats than his own hotel chain has fared over the years. The National Cyber Security Centre (NCSC) in the U.K. said it’s working with investigators and Tesco to determine what went down in an attack the NCSC called “unprecedented.”

Las Vegas 173
article thumbnail

Doing something about cybercrime, cyberterrorism and cybersubversion (not)

Tomorrow's Transactions

Naturally the conversation began with tales of the Dark Net, pedophile exchanges and assassination marketplaces but it quickly turned into a discussion about Bitcoin. Cyber Innovation: for example, behavioural analytics; the rise of private cyber cash, new payment platforms, mobile banking, privacy and consent, economics of cyber security.

article thumbnail

Amazon Sizzles, zCash Fizzles And ‘Cyber-9/11’ Is A When Not An If

PYMNTS

cyber-security and its preparedness for a major attack. today as it was on the day of the big crash, or perhaps more so since it is now pretty well known that anyone with a $1000 in bitcoin and Tor or JonDonym software can buy a bot army of their very own to try and take down the web. national security.

Cleveland 100