Creating these defenses is the goal of NIST's lightweight cryptography initiative, which aims to develop cryptographic algorithm standards that can work within the confines of a simple electronic device. Many of the sensors, actuators and other micromachines that will function as eyes, ears and hands in IoT networks will work on scant electrical power and use circuitry far more limited than the chips found in even the simplest cell phone.
The price of bitcoin and other cryptocurrencies will suffer a 90 percent correction that will cause a “mass market wipeout” within the next 12 months, says investment bank GP Bullhound. While the market correction will decimate many virtual currencies, the few survivors are in for an unprecedented rally, GP Bullhound predicts, as reported by CNBC. “Once
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The chairman of the Commodity Futures Trading Commission (CFTC) said this week that cryptocurrency is a generational interest and that regulators need to treat it with respect. J. Christopher Giancarlo, who was sworn in as a CFTC commissioner in 2014 and has led the commission since August 2017, shared his thoughts on cryptocurrency regulation at
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