by Nicholas Weaver | May 17, 2017 | Opinion
A massive cyber-extortion attack known as “WannaCry” wrought havoc across the globe last week, taking out much of Britain’s National Health Service and, in a delicious bit of irony, the Russian Interior Ministry. The attack was a long time coming, representing the...
by Asharq Al-Awsat | May 14, 2017 | World
World Capitals – Tens of thousands of computers in almost 150 countries were infected with ransomware demanding ransom payments during an international cyberattack, which some experts believe was inspired by a National Security Agency (NSA) tool kit that was leaked...
by Asharq Al-Awsat English | Aug 3, 2016 | Business
Approximately 120,000 units of bitcoin worth nearly US$72 million was stolen from the digital currency exchange platform Bitfinex on Tuesday. The 120,000 units amount to about 0.75 percent of all bitcoin in circulation. The price of bitcoin dropped over 20 percent on...
by Nathaniel Popper | Jul 2, 2016 | Business
A delegation of American executives flew to Beijing in April for a secret meeting just blocks from Tiananmen Square. They had come to court the new kingmakers in one of the strangest experiments in money the world has seen: the virtual currency known as Bitcoin....