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North Korean hackers walk away with nearly $400 million in crypto

Over the years, the Democratic People’s Republic of Korea (DPRK)  has topped the chart in the list of cyberattacks. However, the most unique aspect of North Korean hacking is its focus on targeting financial institutions. Even hackers prefer ETH North Korean crypto hackers had a ‘ banner year‘ in 2021 according to new data from […]

North Korean Hackers Stole $400M Worth Crypto in 2021

North Korean hackers launched at least seven attacks on cryptocurrency exchanges in 2021, stealing around $400 million worth of digital assets, the blockchain analytics firm, Chainalysis revealed i...

North Korean Hackers Embezzled $400 Million In Cryptocurrency Last Year – Report

Cyberattacks from North Korea have increased substantially from 2020 to 2021, according to a report on Moneycontrol.com, The number of hacks originating from North Korea surged from four to seven, constituting an increase of 40%, says a report released on Thursday. 40% surge in the hacking incidents in one year The report revealed that the much-sanctioned

The post North Korean Hackers Embezzled $400 Million In Cryptocurrency Last Year – Report appeared first on CoinGape.

Jack Dorsey’s Block To Democratize Bitcoin Mining With Open Source Mining System

Block, formerly known as Square, is working on an open-source bitcoin mining system, according to CEO Jack Dorsey. He referenced a more detailed thread on the project’s objectives by the company’s general manager for hardware, Thomas Templeton. We’re officially building an open bitcoin mining system ✨ https://t.co/PaNc7gXS48 — jack⚡️ (@jack) January 13, 2022 Block Is Working On Bitcoin Mining Thomas Templeton, Block’s general manager for hardware, set out the company’s next moves in a series of tweets. “From buying, to set up, to maintenance, to mining,” Templeton said, the goal is to make bitcoin mining — the process of creating new bitcoins by solving increasingly hard computing tasks — more dispersed and efficient in every aspect. According to Templeton, making the mining process more accessible is about more than just creating more bitcoin. Templeton wrote: “We want to make mining more distributed and efficient in every way, from buying, to set up, to maintenance, to mining. We’re interested because mining goes far beyond creating new bitcoin. We see it as a long-term need for a future that is fully decentralized and permissionless.” The initiative is focused in combining performance and open-source design in a “elegant system integration,” according to Templeton. The company is looking for technologies and partnerships that could help the idea, which is currently being developed by Block’s hardware team. Afshin Rezayee is leading a dedicated team of engineers to the endeavor, and available positions include electrical engineers, software and analog designers, ASIC engineers, and layout engineers. BTC Market cap down from last year's ATH. Source: TradingView The bitcoin mining system developed by Block aims to improve three areas of bitcoin mining: availability, reliability, and performance. The goal is to make mining rigs easier to identify and buy, while also providing a consistent delivery experience; improve dependability by designing something that can better dissipate heat and dust; and boost performance while consuming less power. “Common issues we’ve heard with current systems are around heat dissipation and dust. They also become non-functional almost every day, which requires a time-consuming reboot. We want to build something that just works,” Templeton tweeted. “They’re also very noisy, which makes them too loud for home use.” Related article | Is Norton 360 Mining Ethereum In Your Computer? If It Is, They’ll Take a 15% Cut Dorsey Wants To Democratize BTC Mining The mission statement of this project includes democratizing bitcoin mining access. Dorsey wrote in October: “Mining isn’t accessible to everyone. Bitcoin mining should be as easy as plugging a rig into a power source. There isn’t enough incentive today for individuals to overcome the complexity of running a miner for themselves.” The news corresponds to Dorsey’s announcements from 2021. Dorsey tweeted, Square is considering building a Bitcoin mining system based on custom silicon and open source for individuals and businesses worldwide. If we do this, we’d follow our hardware wallet model: build in the open in collaboration with the community. First some thoughts and questions. — jack⚡️ (@jack) October 15, 2021 Block’s news comes only months after the United States overtook China as the world’s top bitcoin mining destination for the first time. Renewable energy sources abound in the United States. Hydropower mining farms flourish in Washington State. New York generates more hydroelectric power than any other state east of the Rocky Mountains, and its nuclear power plants contribute to the state’s objective of zero carbon electricity. Meanwhile, Texas’ renewable energy contribution is increasing over time, with wind power accounting for 20% of the state’s power in 2019. In addition, the Texas grid continues to add more wind and solar power at a rapid pace. Block hasn’t given a specific date for when its bitcoin mining system would be available for purchase and use, since the company is still in the research phase of development. Templeton also encouraged members of the public to contact him if they had any concerns or suggestions for improving the initiative. Related article | More Green Energy: Crypto Mining Saves A Hydro Power Plant In Costa Rica

How Bitcoin Will Transform Society’s Understanding Of Energy

Mark Goodwin describes his bitcoin initiation, the relationship between energy and bitcoin and more.

Evergy Files Missouri Rate Review to Recover Costs to Modernize Grid, Improve Reliability and Enhance Customer Service

Ongoing savings from 2018 merger exceed projections, reduce the rate increase request by more than half. KANSAS CITY, Mo.–(BUSINESS WIRE)–Today Evergy submitted a detailed rate review to the Missouri Public Service Commission (MPSC). The requested rate adjustment reflects investments to improve reliability, enhance customer service and enable the company’s transition to cleaner energy resources. Missouri […]

The post Evergy Files Missouri Rate Review to Recover Costs to Modernize Grid, Improve Reliability and Enhance Customer Service appeared first on Fintech News.

“This is How They Tell Me the World Ends”

The pace of fintech and Covid-fueled digitalization make Nicole Perlroth's tale of cyberattacks a vital read.

The post “This is How They Tell Me the World Ends” appeared first on Digital Finance.

Meet New AREA Member ASME

AREA: For our readers who aren’t familiar with ASME, could you tell us about its mission? Reilley: ASME is both a professional development society and a standards development organization. As a professional development society, we encourage and nurture engineering from K through 12, up through university and throughout engineers’ careers. We operate education programs, learning...

The post Meet New AREA Member ASME appeared first on AREA.

AR system shows nuclear reactor damage in real time



The system uses microscopy data to detect and quantify radiation-induced problems such as defects and swelling. The researchers hope the system could speed up the development of components for advanced nuclear reactors, which may play a critical role in reducing greenhouse gas emissions.

“We believe we are the first research team to ever demonstrate real-time image-based detection and quantification of radiation damage on the nanometre length scale in the world,” said Professor Kevin Field, a Michigan nuclear engineer and VP of machine vision start-up Theia Scientific.

The new technology was tested at the Michigan Ion Beam Laboratory. By directing beams of ions at material samples, the lab can quickly emulate the damage sustained after years or decades of use in a nuclear reactor. The team used an ion beam of the noble gas krypton to test a radiation-tolerant sample of iron, chromium, and aluminium of interest for use in fission and fusion reactors.

“If radiation exposure makes your metal like Swiss cheese instead of a good Wisconsin cheddar, you would know it’s not going to have structural integrity,” said Field.

The krypton ions create radiation defects in the sample; in this case, a plane of missing or extra atoms sandwiched between two ordinary crystal lattice planes. They appear as black dots in the electron microscope images. The lab is able to observe the development of these defects with an electron microscope, which runs during the irradiation process, producing a video.

“Previously, we would record the whole video for the irradiation experiments and then characterise just a few frames," said Dr Priyam Patki, who ran the experiment with Christopher Field, president of Theia Scientific. "But now, with the help of this technique, we are able to do it for each and every frame, giving us an insight into the dynamic behaviour of the defects in real time." 

To assess radiation-induced defects, researchers would typically download the video and count every defect in selected frames. With the hundreds, or even thousands, of images or video frames created by modern microscopes, much of the detailed information would be lost, as counting the defects manually in every frame is so laborious. 

Instead, the team used Theia Scientific's software to detect and quantify the radiation-induced defects instantaneously during the experiment. The software displays the results in graphics overlaid on the electron microscope imagery, which label the defects (giving size, number, location and density) and summarise this information as a measure of structural integrity. 

“The real-time assessment of structural integrity allows us to stop early if a material is performing badly and cuts out any extensive human-based quantification,” said Field. “We believe that our process reduces the time from idea to conclusion by nearly 80 times.”

Theia’s software uses a convolutional neural network, a type of artificial neural network often used for interpreting images, to analyse the video frames. The neural network achieved high speed and robust interpretation across samples of varying quality, and this in turn enabled the leap from manual interpretation to real-time machine vision.

It is hoped that the interpretation technique could be adapted for other types of image-based microscopy. Field commented: “We see clear pathways to accelerate discoveries in the energy, transportation and biomedical sectors.”

5 Best Android games you’ll not find on Google Play Store

There are plenty of Android games that aren’t distributed through app store but have amazing graphics and gameplay. Plethora of

Defensive Approach to Malware | What Should Companies Do?

Reading Time: 4 minutesIt’s a mad, mad, mad, malware world. The good news is that the number of malware attacks is decreasing....

Malware Spikes Up During Tensions Between Trump and North Korea

Reading Time: 4 minutesTalks of Korean reunification have made me feel very optimistic. The Korean War has had a devastating effect on...

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