Hacked: Hacking Finance

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Energy

ICO Analysis: MyBit

Posted on July 9th, 2017.

As we previously noted in our analysis of Suncontract, the demand for electricity is expanding exponentially. From electric smart cars to artificial intelligence, everything is going to need more electricity. MyBit notes in their whitepaper that Elon Musk, a man who knows a fair bit about electricity, says that there will be 20-30...

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Energy

ICO Analysis: Suncontract

Posted on July 7th, 2017.

Suncontract is a concept whose time is quickly approaching – a peer-to-peer marketplace for renewable energy. The push to renewable energy is global. According to Bloomberg, over 70% of the more than $10 trillion projected to be injected into new energy sources will go to clean energy by 2040. Analog energy sources will become less and...

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Commodities

The Aftermath of the Qatar Ultimatum

Posted on July 6th, 2017.

The ultimatum that Saudi Arabia and its allies gave to Qatar expired on Monday, and the leaders of the nations participating in the “diplomatic blockade” gathered in Cairo yesterday to discuss the answer by the Gulf state. Investors all over the world were watching carefully, as the event had the outside chance of a...

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Analysis

Quarterly Long-Term Outlook: Gold, Stocks, Oil, and the Dollar

Posted on July 3rd, 2017.

Traders benefit the most when they trade a trending market. Trading markets are known to be notorious in hitting stop losses on either side, unless one enters near the lower or upper end of the range. In order to help our readers trade on the right side of the trend, we have analyzed the four most followed asset classes – the US dollar,...

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Analysis

Uranium: An Attractive Long-Term Contrarian Play

Posted on July 2nd, 2017.

If you are a contrarian investor, then you should have a look at Uranium. In 2011, Uranium hit a high of $73 a pound, which itself was about 50% below the highs of around $140 per pound reached in 2007. At the current levels of $20.5 per pound, Uranium is down more than 85% from the highs. Key Findings Uranium prices are in a long-term...

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Analysis

The History of the Current Oil Crisis and What to Expect Now?

Posted on June 25th, 2017.

Crude oil is in bear market territory, down more than 21% from the yearly highs reached on January 1 of this year. So, is this a good buying opportunity or is this the start of a bigger decline? To analyze this in detail, we have to first study the reasons for crude oil’s fall from above $100 per barrel levels in 2014, the subsequent...

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Energy

Saudi Arabia Increases Pressure on Qatar: What You Need to Know

Posted on June 7th, 2017.

In a potentially important move on Monday, the biggest oil producer in the world – fellow US ally Saudi Arabia- and several other countries including the United Arab Emirates, Egypt, and Bahrain cut diplomatic ties with Qatar, while halting all transportation with the country. They declared that the reason for the steps were Doha’s...

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Companies

Generate Electricity and Digital Currency by Walking Over Street Tiles

Posted on November 28th, 2016.

Through the simple act of walking people can now produce their own electricity and digital currency in Washington D.C., as it embraces a form of renewable energy, according to Futurism. Known as Pavegen Tiles, these street tiles convert kinetic energy from people’s steps into electricity, digital currency, and data with one person...

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Companies

The UK is Home to World’s Largest Wind Turbine

Posted on September 14th, 2016.

The world’s largest wind turbine that is wider and taller than the London Eye has been installed in the Irish Sea.

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Breaches

Ukraine Power Grid Hack, All May Not be What it Seems

Posted on January 28th, 2016.

Reports are coming out on The Register that challenge the current finger pointing by Ukraine’s SBU state security service implicating Russia as the protagonist behind hacks on western Ukraine’s utility companies. This is not the first twist in the December Ukrainian power utility hacking story covered by Hacked. It all...

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Cybersecurity

Blockchain Tech Hints At The Future of the Internet & Cybersecurity

Posted on December 27th, 2015.

Bitcoin, as the first successful blockchain implementation, is not an unprecedented breakthrough, but it is the first to be applied and adopted at a global rate. The blockchain technology comes from a history of cryptography and security research. The Merkle Tree and distributed hash tables, hit upon in the 1970s, meant autonomy, fault...

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Cybersecurity

Study: U.S. Power Grid Is Vulnerable to State-Sponsored Hackers

Posted on December 21st, 2015.

All networks, equipment, and computers can be hacked. A smart coffee maker can be hacked. So too, can a power station that figures in the grid of an entire country. Are such threats overstated? Or, is there a genuine reason to be concerned? Here’s the good news first. Malicious attackers haven’t pulled the plug to switch off the power...

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Climate Change

Private Clean Energy Technology Group Announced by Bill Gates and Mark Zuckerberg

Posted on November 30th, 2015.

In a Facebook post today, company CEO Mark Zuckerberg announced that he and his wife Priscilla Chan have joined former Microsoft CEO Bill Gates in launching a new initiative. Dubbed the “Breakthrough Energy Coalition”, the founders will look to support companies that are working on zero-carbon clean technology solutions around the world....

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Cybersecurity

Ted Koppel Writes Book About Dangerous Power Grid Hackers

Posted on November 27th, 2015.

Nightline’s Ted Koppel did something pretty interesting lately: sat down and wrote a book about how America is unprepared for the hackers who are going to destroy our power grid. The book is called Lights Out: A Cyberattack, A Nation Unprepared, Surviving the Aftermath. It’s currently going for less than $20 and was...

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Energy

Researchers at Work on a Cheaper Non-Lithium Battery

Posted on November 4th, 2015.

In the race to research, develop and implement new energy technology that isn’t dirty (renewable & low-polluting) and inexpensive (scalable on a large scale), researchers are developing a new battery put together by low-cost materials. Renewable energy is where we will eventually turn to for powering our everyday lives and projects...

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Energy

World’s Largest Floating Wind Farm Will Be in the Scottish Seas

Posted on November 2nd, 2015.

The Scottish government has stamped its approval for a floating offshore windmill warm that will be built off the coast of the country, out at sea. The world’s largest offshore wind farm has been greenlit by the Scottish government and will see Norwegian energy firm Statoil engage in a pilot scheme to install five turbines that will be...

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Breaches

Nuclear Facilities are in ‘Denial’ to the risk of a ‘Serious Cyber Attack’

Posted on October 6th, 2015.

A new report makes the damning claim that nuclear power plants around the world have an “element of denial” about the risks of cyberattacks and are ignorant of their inherent cybersecurity flaws. Cybersecurity risks concerning nuclear facilities are on an upward scale. The growing risks are due to the increasing reliance on...

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Breaches

U.S. Department of Energy Was Successfully Hacked 159 Times in 4 Years

Posted on September 14th, 2015.

In yet another instance that shows just how targeted Government agencies are, the U.S. Dept. of Energy has been attacked by hackers over 150 times between 2010 and 2014. The U.S. Department of Energy (DOE) has had its computers breached by attackers nearly 160 times during a 48-month span up to 2014, according to documents obtained by...

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Energy

Art Inspires Lighter, Simpler Sun-Chasing Solar Panels

Posted on September 9th, 2015.

Leaving bulky and motorized sun trackers behind, researchers at the University of Michigan come up with a newer, more convenient and less cumbersome way to get solar cells to bask in the sun while chasing sunlight. The researchers’ findings are available in an openly available paper titled ‘Dynamic kirigami structures for integrated...

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Climate Change

The World’s First Fully Solar-Powered Airport is Already Here

Posted on August 20th, 2015.

India is now home to the world’s first fully solar-powered airport after the unveiling of the Cochin International Airport in the southern Indian state of Kerala. Over the next 25 years, the landmark project is expected to save carbon emissions of 300,000 tons, the equivalent of planting 3 million trees. Cochin International Airport can...