Consumer technology news from the future
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Death by cryptocurrency: Could $190m be lost forever?
Exit scam, or just plain bad luck? Investors in one of Canada’s largest cryptocurrency exchanges will be pondering that very question.
New report uncovers US$1.7b cryptocurrency cybercrime market
There was a staggering rise in criminal activity within the cryptocurrency market last year, despite the decline in the market.
Cryptomining affected 37% of businesses last year
“From the meteoric rise in cryptomining to massive data breaches and DDoS attacks, there was no shortage of cyber-disruption."
Police making progress into Cryptopia breach
New Zealand Police say they are making ‘good progress’ into the investigation of an alleged cryptocurrency theft from Christchurch-based crypto exchange Cryptopia.
Updated: Chch crypto-exchange Cryptopia suffers breach
Cryptopia has reportedly experienced a security breach that has taken the entire platform offline – and resulted in ‘significant losses’.
How enterprise tech will evolve in 2019
"2019 will see many mainstream businesses leapfrogging the initial disruptors."
Brother-sister duo build crypto investment platform
A brother and sister team is behind one of New Zealand’s newest cryptocurrency exchange platforms designed for everyday investors.
Callaghan Innovation places bets in local crypto startup
Callaghan Innovation has placed $330,000 into a local cryptocurrency savings and trading startup now called Vimba.
Cryptopia: The Kiwi exchange riding the crypto boom
“As this technology becomes mainstream, businesses need to keep up with users’ demand for user-friendly products and platforms that cater to all levels of technical skill."
All aboard the blockchain train: Academic says NZ needs to catch up fast
Cryptocurrencies are here to stay, but New Zealand is not as innovative and agile as we like to think.
Digital natives love the blockchain because they trust it
The younger ‘digital native’ generation may turn out to be blockchain’s driving force in years to come, argues Dentacoin's Donika Kraeva.
How blockchain can foster initiative
"As blockchain technology continues to develop, new domains and industries will emerge."
Cybercriminals reap benefits of cryptocurrency hype
Cybercriminals are reaping the benefits of the cryptocurrency hype, bringing in millions of dollars through fake exchanges and fake ICO offers.
The Philippines could be NZ's next big export market, says tech entrepreneur
"Millennials are eight times more likely to buy Bitcoin than baby boomers so it’s an incredibly large and attractive market for us.”
Reserve Bank says 'not now' to the idea of official digital currency
"We couldn’t issue a digital currency if it might undermine financial stability, and there are considerable risks on this front."
The challenges of securing the Ethereum blockchain
Over the past 18 months, blockchains & cryptocurrencies have emerged from technical obscurity to capture the attention of investors around the world.
NZ cryptocurrency retailer partners with NEM Foundation
NEM Foundation was set up to promote the NEM blockchain technology globally with its recently launched US$40 million development fund.
NZ Bitcoin savings platform expands to include Ethereum
The New Zealand Bitcoin savings platform that has helped close to 5,000 Kiwis save $7million worth of Bitcoin since 2014.
NZ crypto platform startup aiming to raise $1million
The company will use the money to grow its New Zealand user base before setting its sights on international expansion to markets such as Singapore.
Cryptominers posing a new threat for enterprise IT infrastructures
As well as viruses, trojans, worms and ransomware attacks, IT managers now have a new threat to worry about: cryptominers.
Once legit site found to be cryptomining, 6,000 machines infected
Check Point researchers discovered a previously legitimate video software download site has moved into cryptomining, earning around US$700 a day.
Australia rolls out compliance laws for cryptocurrency & digital exchange service providers
Digital currency exchanges in Austalia must now register with AUSTRAC, and comply with the Anti-Money Laundering and Counter-Terrorism Financing Act.
No need for a browser - XMRig cryptomining malware enters top 10 most wanted malware list
“Cryptomining malware has been quite the success story for cybercriminals, and XMRig’s rise indicates that they are actively invested."
What do cybercriminals spend their money on? Sex, drugs & toilet roll
Cybercriminals in Bromium's report were earning up to £1.4m a year and had a number of fascinating spending habits.