The Colonial Pipeline cyberattack fallout: why a crypto crackdown is not the answer

By Eray Arda Akartuna AML, Blockchain & Cyber Analyst For those connected to the cyber-world (pretty much everyone), trading in cryptocurrency or in dire need of petrol in North Carolina, last week was nothing short of a catastrophe. The 7 May 2021 ransomware attack on the 5,500-mile Texas-New York Colonial Pipeline suspended its operations forContinue reading “The Colonial Pipeline cyberattack fallout: why a crypto crackdown is not the answer”

Quantum vs blockchain: a looming showdown?

By Eray Arda Akartuna AML, Blockchain and Cyber analyst During the Covid-19 pandemic, interest in cryptocurrencies has massively increased, sending Bitcoin (the original cryptocurrency) surging to new all-time highs[1]. Already, financial institutions such as Citibank are predicting that Bitcoin might become the preferred currency of the future[2]. As a fast, anonymous, decentralised and global paymentContinue reading “Quantum vs blockchain: a looming showdown?”