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Author: Gautham

Gautham has an eye for anything new. He has been part of multiple startups and his current project focuses towards the social good sector. An entrepreneur, engineer and enthusiast (bitcoin, of course), he has been moonlighting as a writer for multiple publications and currently writes at NewsBTC. Find him on twitter as @gautham_n and on facebook at /gautham.nm
ransomware, kaspersky, xpan

Repackaged XPan Ransomware Makes a Comeback in Brazil No Comments

Computer viruses and malware are known to evolve rapidly to stay a step ahead of antivirus and cybersecurity software. But sometimes hackers make a quick buck by reusing the same malicious application under different names. While there is a question of such ransomware's efficiency due to the availability of solutions to deal with such threats, criminals behind it have started to opt for a more loc...

LBRY Introduces Decentralized Content Distribution System.

BitTorrent Creator to Enter the Bitcoin Space! No Comments

Bitcoin and BitTorrent are two revolutionary technologies from different eras that share few similarities. Both are decentralized peer-to-peer networks that revolutionized their respective sectors. Following the success of BitTorrent, its creator Bram Cohen has announced his plans to explore the Bitcoin industry. Bram Cohen is already familiar with cryptocurrencies as he has been involved in th...

Microsoft Azure Enterprise Grade Blockchains will Disrupt Industries

Cloud Services and Cryptocurrency Mining Malware No Comments

In the past few years, the definition of IT infrastructure has changed from self-hosted servers and data centers to cloud computing and virtual machines. The cloud services became popular mainly because of the flexibility in terms of capacity and performance it offers. The cloud services providers like Amazon Web Services, Azure, etc., have the capability to supply virtually unlimited processing p...

Why Blockchain Will Power The Big Banks In 2016

IBM’s Principles of Enterprise Blockchain Adoption No Comments

The "Blockchain" is the latest “buzzword”. Almost all the top executives across various industries have heard about it, some have considered adopting it, and then there are those who would want to know more about it. IBM -- the tech giant, involved in the development and implementation of distributed ledger technology through its participation in Hyperledger project and Blockchain as a Service...

OCC Director Asks for Fair Bitcoin Regulation in US. newsbtc bitcoin regulation news.

Russian FinMin Not to Burden Bitcoin Sales in the Country No Comments

The future of Bitcoin in Russia seems brighter than usual, especially after the recent statement by Alexei Moiseev — the deputy minister of finance. According to Moiseev, The Russian Finance Ministry has completely dropped the idea of banning Bitcoin. Instead, the country will be implementing new cryptocurrency regulations to safeguard the interests of everyone involved. The regulations will not...


BBVA’s Blockchain Fund Transfer Solution Reduces Transaction Fees by 80 Percent No Comments

Banco Bilbao Vizcaya Argentaria SA (BBVA), the second largest Spanish bank recently conducted a successful trial of its blockchain solution for fund transfers. The new solution is found to cut down the time taken for international fund transfer to few seconds from four days. The number of blockchain trials conducted by the banking sector is increasing every day. The banking and financial instit...

Mainstream Financial Services Feel the Fintech Heat No Comments

The mainstream financial services industry has gotten used to a stable ecosystem, facing virtually zero threats at least from the technological aspect. However, things have changed in the past couple of years, thanks to the discovery of potential applications of blockchain technology. Growing interest in distributed ledger technology suddenly accelerated the financial technology (fintech) secto...


Malta Gets Its Own National Blockchain Strategy No Comments

Malta, the tiny European nation has taken a huge step forward by making a move to promote widespread usage of blockchain technology throughout the country. The national Blockchain policy has recently received approval from the Maltese cabinet. The new development was announced by the Prime Minister of Malta, Joseph Muscat. He was quoted by the country's media outlets stating, “This is not ju...

craig wright, blockchain, patents

British Telecom Enters Blockchain Patent Race, Files 6 Applications in 2017 No Comments

Bitcoin's underlying Blockchain has become the hottest thing in the technology sector, and every industry segment is trying hard to get a piece of it. The English telecom giant, British Telecom has joined the pack by applying for patents related to its work no distributed ledger technology. According to a recent report by one of the media outlets, the telecom company has filed at least six pate...

bitcoin hacking. Hacker illustration. Newsbtc Bitcoin news

InterContinental Data Breach Reinforces the Advantage of Bitcoin over Cards No Comments

Credit cards have turned out to be one of the most widely used modes of payment. People use it to pay for everything, starting from groceries, hotel stays and high-value articles, both online and offline. However, the obsolete security features on cards and the rising cyber threats make cryptocurrencies look like the most secure and attractive payment option. A recent cyber attack involving a m...