KEY POINTS

There's a Bitcoin wallet that's currently being passed around amonghackers and crackers and anyone who could crack its password could take with them the 69,000 BTC inside, which is currently worth $690 million.

Twitter user Alon Gal says this particular wallet has been passed around for the past two years, hoping that someone could eventually crack the password. "No success so far,"he tweeted. Gal also called the attention of Google in his tweet to hook him up with a quantum computer.

In a follow-up tweet, he says many have privately messaged him asking about the wallet but hes not going to give it to anyone.

Some Twitter users asked Gal to contact John Cantrell, who had successfully cracked the mnemonic phrase protecting a wallet that Bitcoin investor Alistair Milne put forward on Twitter. Milne ran a challenge on Twitter to anyone who can guess the mnemonic phrase. The difference was that Milne was tweeting one phrase every day. There were12 words in the mnemonic phrase and Milne already tweeted eight of those words when Cantrell successfully cracked it.

Last year, Googlepublished a scientific paper saying it was able to build a quantum computer that can solve -- in 3 minutes and 20 seconds -- equations that would have taken 10,000 years to perform.

While many think quantum computers could break even the most complicated passwords at some point in the future, present-day quantum computers are nowhere near capable of breaking blockchains and their cryptography.

Ex-Bitcoin developer Peter Todd said present-day quantum computers are "primitive"and using it to break the cryptography in Bitcoin would take a lot of financial cost.

Still, according to Cointelegraph, quantum computers in their current form have the ability to go through more permutations that could break unencrypted passwords. According to multinational firm Deloitte, the current quantum computing technology could expose 25% of all Bitcoin in circulation to an attack. "If enough coins were stolen, the market could potentially crash, undermining confidence in cryptocurrency,"the firm said on itswebsite.

Laser beam in a quantum entanglement experiment. Photo: Getty images

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Bitcoin Wallet With 69,000 BTC Up For Grabs If You Can Break The Password - International Business Times

Underscoring its mission to enable the world solve its biggest data challenges by building a data infrastructure with next-gen security, Western Digital has introduced the ArmorLock Security Platform, a data encryption platform that rethinks how data security should be done.

The ArmorLock Security Platform was created to help with the diverse security demands of data-centric and content-critical storage use cases in industries like finance, government, healthcare, IT enterprise, legal, and media and entertainment.

As data security concerns continue to rise in visibility, Western Digital has said that it plans to apply the platform across a range of storage solutions.

The first product to leverage this advanced technology, the new G-Technology ArmorLock encrypted NVMe SSD is designed to deliver an easy-to-use, high-performance, high-grade security storage solution for creators in the media and entertainment industry.

The Senior Vice President and General Manager of Consumer Solutions Products, Western Digital, Jim Welsh expressed that facing the threat of hijacked media files and leaked films, studios, agencies, and especially investors are demanding a better way to protect critical content.

He added that much of the industrys focus has been on cloud security, data often remains vulnerable on the portable storage devices holding critical commercial content.

Unlike password-based encryption technologies that interrupt workflows and prevent fast availability to digital assets, the ArmorLock Security Platform is fashioned to deliver unmatched security that allows the content owner to control how data is accessed and by whom.

The ArmorLock encrypted NVMe SSD is described as a technology with simplicity, reliability and speed while protecting mission-critical content.

For our customers, data and digital assets are their essential competitive advantage, and encryption has become mandatory in order to protect these resources in many industries, Welsh highlighted.

He continued that they built the ArmorLock Security Platform with the belief that the world needs new, fundamental technologies to enable data privacy without hampering data availability while helping to protect against data breaches.

By combining this new platform with our world-class NVMe SSD products, we are addressing the real pain points our customers face when trying to secure their creative workflows while also allowing them to capture, preserve and access their data at scale and at speed.

Harping on their quest, the Technical Director, Mission Digital, Tom Mitchell said, We have always gravitated toward G-Technology drives as they have used well-built components that have offered enhanced reliability and performance.

With big studios and streaming services wanting to protect their assets, there has been a big move to using encrypted media, but in some cases, that comes with a performance hit.

He assured tech users that ArmorLock fills those needs perfectly; providing a drive that is fast, rugged, water-resistant, reliable and encrypted! Its the drive the industry has been crying out for.

Now, other features of the new ArmorLock platform are: it enables next-gen security simple, and demonstrates Western Digitals commitment to providing data storage solutions that enable leading-edge, high-grade security products that everyone can easily use.

Mitchell hinted, A comprehensive set of technologies covers the ArmorLock product life-cycle from manufacturing to out-of-the-box setup, in-field updates, and configuration and key management that ties directly into hardware-backed modules and biometric protection on some of the latest smartphone and desktop platforms.

Designed to help improve how people manage critical data, the ArmorLock platform eliminates the tradeoff between fast access to data and privacy by delivering both at the same time.

Building on its legacy of contributions to open source with RISC-V and OpenTitan, Western Digital also announced the open source release of Sweet B, the high-performance core cryptography library that underlies the ArmorLock Security Platform.

Sweet B is designed to provide a new level of safety and assurance in open source elliptic curve cryptography and its GitHub repository includes documentation, a comprehensive test suite, and an independent third-party audit by the security research firm Trail of Bits.

Key features of the ArmorLock Security Platform include: manufacturing technologies that provision each device with a root of trust and digital certificate of product authenticity.

Others are, simple and robust firmware updates delivered straight from the ArmorLock app; open source, third party audited core cryptography with side-channel attack mitigation; sandboxed smartphone and desktop applications delivered through platform-native app stores no special installer required.

It also features communications over wireless and wired connections with zero-touch certificate-based provisioning; password-less authentication and key exchange technologies that directly link storage encryption to hardware-backed biometric authentication; zero-knowledge public key management that helps protect your privacy even if the ArmorLock device is lost or stolen.

It has high-grade security with pro-grade speed and NVMe technology; the ArmorLock encrypted NVMe SSD delivering up to 1000MB/s read and write speeds via a SuperSpeed USB 10Gbps port sets a new standard for high-speed encryption products by combining both ease-of-use and next-generation zero knowledge security.

With the ArmorLock app, users can unlock the device wirelessly with their phone, using face recognition, a fingerprint, or the phones passcode ensuring lost passwords dont cause missed deadlines.

The SSD provides encryption without getting in the way of the workflow by enabling collaboration without the need to tape PINs to the drive.

The ArmorLock mobile and desktop apps also provide fleet managers the ability to configure and manage multiple drives and multiple users to control who has access.

It is said to be especially important for collaborative workflows that require safe shipping of content between physical locations, the next-gen security in ArmorLock devices enables teams to authorize remote users before sharing the drives using popular messaging and email services.

Other key features of the ArmorLock encrypted NVMe SSD and ArmorLock app include:simple to setup and easy unlock with your smartphone via the ArmorLock app; high-grade 256-bit AES-XTS hardware encryption; secure erase and reformat to your favorite file system in one step; track the last known location of the drive on a map.

In-field updates for continued security support, improvements, and new features; ultra-rugged durability with IP67 dust/water resistance, up to 3M drop protection, and 1000lb crush resistance.

For pricing and availability, the firm says the ArmorLock encrypted NVMe SSD is available today in the Western Digital Store and from select e-tailers and retailers in the United States, Canada, United Kingdom, France and Germany.

The SSD is available in 2TB for MSRP $599 in the US. The ArmorLock app for iOS and macOS is available for free download: https://GetArmorLock.com/Apps.

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Western Digital Unveils New Standard in Data Protection with Ground-Breaking ArmorLock Security Platform - THISDAY Newspapers

China has revised its exports restrictions list for the first time in 12 years. Chinas new restrictions on exports include a bunch of deep technologies, including AI, drone, satellite and cybersecurity. Certain technologies will now be subject to export bans or restrictions, meaning they have to be greenlit by the Chinese government for sale overseas.

The new rules, unveiled by Chinas Ministry of Commerce and Ministry of Science and Technology, added many itemsincluding personal information push services based on data analysis and voice-recognition technologies commonly used in smartphones, robots and wearable devicesto the restricted list. Technologies on the list cant be exported without a license from the government.

Chinas Export Prohibited and Restricted Technology Catalog contain various technologies pertaining to artificial intelligence, voice, telecommunications, cybersecurity and cryptography.

Zhao Lijian, Spokesman, Chinese Ministry of Foreign Affairs said, The main reason behind releasing the catalogue to regulate technology export management is to facilitate technological development, cooperate with foreign companies and to safeguard national economic security.

Telecom

First is the telecommunications and other information transmission services such as those that modify the control points of spatial data transmission technology. It includes telemetry coding and encryption technology (both hardware and software) for information transmission of the satellite navigation system, in addition to circuit design technology used therein.

Artificial Intelligence

Next technologies in the list include those related to artificial intelligence systems. Here are the following prohibitory list items-

Speech synthesis technology: This includes voice signal feature analysis and extraction technology, text feature analysis, speech analysis.

Artificial intelligence interface technology: This includes voice recognition technology, microphone array technology, voice wake-up technology, smart assistants, automated scoring technology for oral expression, pronunciation error detection technology, etc.

Cryptography & Security

Some of the cryptographic and security technologies which are mentioned on the prohibitory list include:

Cryptographic chip design: The list mentions high-speed cryptographic algorithms, parallel encryption, security design for crypto processors, the design and implementation of systems on a chip (SOC) security.

Quantum encryption: Another piece of innovation which is an area of intense global competition is quantum cryptography implementation method, quantum cryptography transmission technology, quantum cryptography code, etc.

Advanced Defence Technologies: This includes the innovation that helps companies defend themselves against potential cyber threats. Following are the technologies specified in the catalogue:

The Trump administration had blacklisted Chinese companies working on AI. Further, the US government urged its companies not to establish tech research units in China. American companies such as Microsoft, Google, and IBM had built research labs in China to hire local AI talent and to keep up with Chinese innovation trends. Now, as the tensions and trade restrictions continue to rise, analysts say this will lead to extreme tech protectionism between global powers, especially when it comes to technologies which could be deployed in defence and combat such as AI, cryptography, quantum computing and cybersecurity.

The US Commerce Department forced new export controls on artificial intelligence software, a mandate to block US companies from transporting AI systems developed in the US due to national security concerns. The Trump administration banned Huawei and TikTok from operating in the US, citing risk to data privacy of citizens.

Still considering further AI software controls, and the Trump administration is increasingly examining how tech companies and consumers from each nation interact with one another.

The new restrictions take the global trade war between the US and China to the next level. The prohibitory list would require technology companies to take permission from the Chinese government before selling specific technologies overseas. Now with the Chinese export restrictions, it is very likely that the US along with western countries which are its close allies are not going to be able to get access to new Chinese innovation in the foreseeable future.

Even social media platforms which are headquartered in China such as TikTok are impacted due to their extensive use of AI-based technologies. TikTok can no longer close its buyout deal once the mandate goes live in a few weeks. The social media company had been in negotiations with tech giants like Microsoft for an acquisition deal.

China has revised its exports restrictions list for the first time in 12 years. Just as video app TikTok tries to find suitors to take over its operations in the US, Australia and New Zealand, Beijing insists the new move is aimed at national economic security.

Chinas new tech export restriction rules not only add uncertainty to the sale of TikToks US operations but also could affect exports of broader consumer tech products such as drones and cellphones.

AI has become a controversial issue for the economic and political rivalry between the US and China over the past few years. The emerging tech is flying ahead swiftly, and there are big economic advantages and strategic benefits to be realised on both sides.

The news can hurt startups working in emerging technologies which may be planning to expand operations overseas. China is home to most startups in AI which have a global presence working alongside US tech companies. Post the export prohibition; the startups will have to reevaluate their expansion plans and make them in line with Chinese interests.

AI has been one of the most active, high-profile and significant sectors that China has witnessed for the past few years. The industry is one where top VCs have invested billions of dollars and has attracted top talents.

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Vishal Chawla is a senior tech journalist at Analytics India Magazine and writes about AI, data analytics, cybersecurity, cloud computing, and blockchain. Vishal also hosts AIM's video podcast called Simulated Reality- featuring tech leaders, AI experts, and innovative startups of India. Reach out at vishal.chawla@analyticsindiamag.com

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China's Export Restriction List: Which Technologies Included And Why? - Analytics India Magazine

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Quantum Cryptography Solutions Market: Industry Trends, Emerging Technologies and Developments (2020-2027) - Owned

The Ethereum Foundation has announced that over $3.8 million in grants will undoubtedly be awarded to teams focusing on the Ethereum blockchain.

In a Sept. 8 post published on the Ethereum Blog, the Ethereum Foundation, or EF, announced that it has given grants to teams as part of its ecosystem support program all through Q2 2020. The categories included teams focusing on community and education, cryptography and zero-knowledge proof, or ZKP, developer experience, Ethereum 2.0, and Layer 2.

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The $3,884,000 funds will go to 28 companies and researchers, including blockchain advisory firm Akomba Labs for community and education, and Beacon Fuzz for finding crash-causing and consensus bugs on Ethereum 2.0.

This list represents non-recurring funding from across the EF, including grants via our public inquiry process, delegated domain allocations and third-party funding, the EF web log stated. As always, its a privilege to work with these amazing projects and so many more.

The announcement comes a month following the EF stated it would be creating a dedicated security team for Ethereum 2.0 to review any potential cybersecurity and crypto-economic problems in another generation of the Ethereum network.

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Ethereum Foundation announces $3.8M in new grants - Digital Market News

Premium market insights recently published a report titled Underwater Connector Market Size and Forecast to 2026.he quantum cryptography market is at a nascent stage with massive potential to break through the cybersecurity industry. The quantum cryptography market players are constantly engaging themselves in advancing their features intending to offer highly secured solutions to their clients. The rise in quantum computing has led to the surge in expose of confidential data across industries. Owing to this, several end users of encryption solutions are investing significant amounts in procuring advanced data security solutions and services such as quantum cryptography. The Global Underwater Connector Market is growing at a faster pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period i.e. 2020 to 2026.

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Table of Content

1 Introduction of Underwater Connector Market

1.1 Overview of the Market1.2 Scope of Report1.3 Assumptions

2 Executive Summary

3 Research Methodology of Underwater Connector

3.1 Data Mining3.2 Validation3.3 Primary Interviews3.4 List of Data Sources

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5 Underwater Connector Market, By Deployment Model

5.1 Overview

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Underwater Connector Market Statistics, Facts and Figures, Growth Overview, Size, SWOT Analysis and Forecast to 2026 by ID Quantique, Infineon...