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Cybersecurity

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August 2021

Microsoft, Alibaba to build antipiracy system on Ethereum

U.S. software behemoth Microsoft is looking to develop anti-piracy measures on Ethereum using research from Chinese internet giant Alibaba and Carnegie Mellon University, according to a paper released by Microsoft’s research department. Fast facts Partnering with Alibaba and Carnegie Mellon, Microsoft says the new system — dubbed “Argus” — will run on a public blockchain […]

Accenture falls prey to ransomware attack

Accounting and consultancy giant Accenture has become the latest major victim of a ransomware attack. After Accenture initially reported that it had repelled a hacker group named Lockbit, encrypted files belonging to Accenture began to be published today, according to a report by Decrypt. Fast facts An Accenture spokesperson said in a statement: “Through our […]

Crypto crimes surge to record levels in Hong Kong

Crypto-related crime has hit record levels in Hong Kong for the first six months of this year, with one victim losing HK$124 million (US$15.95 million) to fraudsters, according to the South China Morning Post. Fast facts Hong Kong police recorded 496 such cases totaling HK$214.4 million (US$27.58 million) in just the first half of this […]

June 2021

Bitcoin worth millions recovered from Colonial Pipeline ransomware attack

Millions of dollars worth of Bitcoin paid to ransomware hackers who shut down the main fuel pipeline on the U.S. East Coast last month has been recovered.

NortonLifeLock bids to turn users into home Ethereum miners

Users of cybersecurity product NortonLifeLock will soon be able to mine Ethereum on their home computers through a new feature named Norton Crypto.

DBS Bank tapping on tokenized bonds as a new way to invest

From digital bonds to real estate, blockchain-enabled security token offerings and tokenization are redefining corporate fundraising and investing.

Singapore’s DBS Bank launches its first digital bond

Singapore’s DBS Bank has announced its first security token offering on the DBS Digital Exchange.

December 2020

How blockchain can launch more space industry startups into orbit

As space becomes increasingly commercialized, blockchain has the potential to be the backbone of this new economic frontier, says Jeff Garzik of SpaceChain.

November 2020

Why cloud computing puts companies at risk of hacks and data breaches

As the world relies ever more on cloud servers, security gaps are widening, too. Confidential computing can bolster cyber security, writes Amit Ghosh of R3.

Blockchain is now on the front line against climate change

Blockchain technology is spurring more carbon credit trading while lowering costs for young investors to get involved, says Stefan Rust of Sonic Capital, in a special Forkast.News interview.

Thailand’s ‘crypto cold season’ makes for a land of frowns

Thailand once marketed itself as a cryptocurrency frontier market and an alternative to Hong Kong and Singapore. What happened?

Why cybersecurity will be DeFi and blockchain’s next big challenge

DeFi’s explosive growth may be the cryptocurrency world’s biggest story in 2020. But is the industry ignoring risks and cybersecurity gaps?

June 2020

How to improve data security during Covid disruptions

Working from home heightens computer security risks and the need for good data governance. What are the best practices for safeguarding critical data?

April 2020

Liquidity is the new boss in town: RockTree LEX’s Omer Ozden on investment opportunities as Asia recovers from Covid-19

Venture capital slowed as the coronavirus economy contracted. But out of the turmoil are still investment and fundraising opportunities.

March 2020

Is death of the STO an exaggeration – or market reality?

Despite all signs that interest just isn’t there for STOs, and ICOs are too tarnished by scams to be a legitimate investment vehicle, this investor thinks there’s life left in both.

February 2020

How blockchain can defend against data heists and cyber attacks

As increasingly useful and potentially destructive data migrates onto the internet, more and more countries will deploy cyber weapons. Could blockchain provide a defense against future incursions?

‘Crypto Congressman’ ex Rep. Jason Hsu: Taiwan is losing momentum in blockchain

Taiwan’s cryptocurrency evangelist and former congressman says the island is falling behind in STO guidelines, fintech regulations and forming a tech hub.

January 2020

5 blockchain trends in 2020: Bitcoin halving, Libra, security tokens and more

Smith + Crown focuses its attention on headlines and projects it considers as key developments likely to prove influential in determining the course of blockchain events in 2020.