Your IoT Fridge Will Spy on You, Says US Intelligence Chief
The Internet of Things (IoT) is one of the hottest trends in the technology sector right now. Connecting billions of devices to the Internet will serve as a great platform for future innovation, but it also opens up the door to spying by government officials. If the US director of national intelligence James Clapper has a say in the matter, the Internet....
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The chief of the Government Communications Headquarters (GCHQ), one of the big three intelligence agencies in the U.K., has raised concerns regarding China and its digital renminbi. Sir Jeremy Fleming stated that the already existent Chinese CBDC could be used to collect information from users and, hypothetically, to control and filter global transactions.
UK Worried About Chinese CBDC Advancements
The chief of the Government Communications Headquarters (GCHQ), one of the biggest intelligence agencies in the U.K., has warned of possible negative effects on global transactions....
How will your garbage disposal know to trust your dishwasher? While the question might not sound serious, it's key to understanding the power of Factom, the much-anticipated blockchain-based recordkeeping network, according to its creator Paul Snow. "Devices have reputation," Snow explains. "If the garbage disposal keeps asking for power and the refrigerator never sees any power used, the fridge should think there's something wrong." What will settle this futuristic kitchen argument over power use is that the fridge has a dependable record of its past interactions with other appliances,....
The IBTimes recently ran a story informing readers that "Hackers could be targeting toasters to mine bitcoins, expert warns." Speaking to the annual Slush startup conference in Helsinki, Finland, F-Secure Chief Research Officer Mikko Hypponen stated, factually, that: "Cryptocurrencies are interesting as they open up new opportunities, like mining. Attackers don't target the user but the computer itself. Internet of Things devices can be hacked to mine cryptocurrencies and make money." Last year, Hypponen said similar things in his speech, which generated similar headlines. Why then, a year....
We talk to Philip Gradwell, chief economist at the blockchain intelligence firm Chainalysis, to discuss the five indicators every crypto trader should track.