Hoping that it was just a glitch, the 70-year-old Russia-born retiree, who lives near Boston, let the computer be and departed on a planned weekend vacation. But when she returned, “there was a message that my files had been encrypted and that I [would] have to install Tor” — the untraceable browser of choice for dark-web denizens — “if I [wanted] … [Read more...] about How hackers can ransom your files for hundreds of dollars
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. After a long run of having guests climb aboard each week, we took a pause on that front, bringing together three of our regular hosts instead: Connie Loizos, Danny Chrichton, and myself. Despite the fact that there were just three of us … [Read more...] about Cryptos second bubble, Juul has 60 days and three Chinese IPOs
Debt is above 2008 level and failure to reform banking system could trigger crisisThe world economy is at risk of another financial meltdown, following the failure of governments and regulators last crash in 2008, the risk remains that unregulated parts of the financial system could trigger a global panic, the Washington-based lender of last resort said. Much has been done to … [Read more...] about World economy at risk of another financial crash, says IMF
In a sign of the major cryptocurrency players’ continued influence and ability to pay premium speaking fees, the keynote speaker for Ripple’s two-day Swell conference was none other than former President Bill Clinton. In what felt like a very odd cameo for Clinton, the former president largely meandered through an hour-long conversation about his new James … [Read more...] about A former US president walks into a blockchain conference
Jed Grant Blockchain is perhaps the most hyped technology of the past five years. The technology that allows us to create trustless immutable shared ledgers promises to bring transparency and honesty to commerce by disintermediating and decentralizing functions that rely on trusted third parties today. The promise and the potential are almost as big as the hype. This has given … [Read more...] about What would a blockchain patent war look like?