The price of bitcoin has risen by 19% in October
November 1st, 2016
In a year of monster hackers, the rise of new cryptocurrencies, and its own unresolved “civil war” over how to enlarge its transaction capacity, bitcoin has not only survived, but thrived. The price of bitcoin has risen by 19% ...
New York’s bitcoin hub dreams fade with licensing backlog
October 31st, 2016
New York’s financial regulator had sights set on becoming a global hub for innovations like bitcoin when it adopted trailblazing virtual currency rules last year. But the state lost that momentum when the agency’s chief left, putting a licensing ...
London banks are reportedly stockpiling Bitcoin to pay off potential ransom demands of cyber criminals
October 26th, 2016
THE threat of debilitating attacks launched by hackers has become so concerning that financial institutions in London are reportedly stockpiling Bitcoin to pay off potential ransom demands of cyber criminals. On Friday in the US, a number of major ...
Record fine for a UK Telecoms company in a cyber attack case
October 10th, 2016
Telecoms company TalkTalk has been issued with a record £400,000 fine by the ICO for security failings that allowed a cyber attacker to access customer data “with ease”. The ICO’s in-depth investigation found that an attack on the company last October could have ...
Use of contactless payments in UK overtakes cheques in 2016
September 2nd, 2016
For the first time, Brits are more likely to make a payment using a contactless card than a cheque book.New research from Mintel reveals that cheques have been used by less than one third (31%) of Brits in the past three ...
Cryptocurrency exchanges under attack, risking repeat of Mt. Gox debacle
August 31st, 2016
When hackers penetrated a secure authentication system at a bitcoin exchange called Bitfinex earlier this month, they stole about $70 million worth of the virtual currency. The cybertheft — the second largest by an exchange since hackers took roughly ...
Cyber threat grows for bitcoin exchanges
August 29th, 2016
When hackers penetrated a secure authentication system at a bitcoin exchange called Bitfinex earlier this month, they stole about $70 million worth of the virtual currency. The cyber theft — the second largest by an exchange since hackers took ...
The head of collapsed Bitcoin exchange Mt. Gox has been released on bail
July 18th, 2016
The head of collapsed Bitcoin exchange Mt. Gox has been released on bail nearly a year after his arrest on embezzlement charges, according to one of his lawyers. Television footage showed France-born Mark Karpeles, 31, leaving the Tokyo Detention ...
Possible Consequences of Brexit on the FinTech Industry
June 29th, 2016
Financial Technology (FinTech) is an economic ecosystem or industry consisting of companies, mainly startups, that employ technology in an innovative way in order to improve the way that financial services operate, e.g. payments and transfers, auditing, contracts, policy enforcement, ...
Dr Theodosis Mourouzis
June 29th, 2016
Dr Theodosis Mourouzis serves as Executive Manager at Cyprus International Institute of Management (CIIM), Limassol Branch, and as Lecturer of Information Management at CIIM. He is also an active member of the Limassol Hackerspace, a non-profit organisation. ...
