Middle-east Arab News Opinion | Asharq Al-awsat

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A journalist in Istanbul reads a news article about cyberattacks. (Sedat Suna/European Pressphoto Agency)

Last Week’s Global Cyberattack Was Just the Beginning

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...

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A Bitcoin (virtual currency) paper wallet with QR codes and coins are seen in an illustration picture taken at La Maison du Bitcoin in Paris July 11, 2014. REUTERS/Benoit Tessier

Cyberattack Hits 150 Countries in the World

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...

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A Bitcoin (virtual currency) paper wallet with QR codes and a coin are seen in an illustration picture taken at La Maison du Bitcoin in Paris, France, May 27, 2015. REUTERS/Benoit Tessier/File Photo

Bitcoin Plunges after Bitfinex Exchange in Hong Kong Hacked

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...

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Racks of computers at a server farm mining Bitcoin and Ethereum. Credit Gilles Sabrie for The New York Times

How China Took Center Stage in Bitcoin’s Civil War

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....