AT&T is struggling to keep its premium TV customers from hitting the unsubscribe button in favor of on-demand streaming service providers, such as Netflix. According to Yahoo!, the company lost 778,000 subscribers in Q2 2019 to bring losses to over 1.4 million customers in just the first half of the year. The good news is that AT&T is a multidimensional firm. Gains from WarnerMedia and...
A crypto investor who suffered a gut-wrenching $24 million loss in a sim swap hack scored an early victory against wireless carrier AT&T when a judge rejected the telecom giant's request to dismiss the investor's $224 million lawsuit, a press release published yesterday stated. Crypto investor demands justice - and cash - from AT&T Michael Terpin – a prominent angel investor in the...
This article was edited by Josiah Wilmoth.
By CCN: AT&T announced today that it is accepting crypto payments through Bitpay, which supports a number of major cryptocurrencies. A short press release notes that the integration is complete and users can make payments with Bitpay via the AT&T website or through the mobile app. AT&T is the First Mobile Carrier to Accept Payment in Cryptocurrency: Customers Can Now Use BitPay to Pay...
By CCN: Crypto investor and entrepreneur Michael Terpin was awarded $75.8 million in California’s Supreme Court in a civil judgment against a man Terpin claims stole cryptocurrency assets from him. But Terpin has only just begun. The entrepreneur is also pursuing damages from AT&T and other members of the 21-year-old defendant’s gang. Crypto Crusader Unmasks Gang Member, Now He Wants To Nail...
After losing cryptocurrencies worth millions of dollars to SIM hijackers, a tech entrepreneur and other victims have launched an initiative aimed at raising awareness and pushing telcos into protecting subscribers, Motherboard reports. According to Robert Ross, who lost approximately US$1 million when fraudsters took control of his phone number and managed to gain access to his accounts on...
Telecom giant AT&T has filed a blockchain-oriented patent application to “map” social media histories. Titled “Blockchain-Based Social Media History Maps,” and published on Thursday, it describes a system of tracking social media history “on behalf of” subscribers. Presumably, such a service would be most useful to employers and prospective employers. AT&T Eyes Blockchain for Social Media...
AT&T has introduced a suite of blockchain solutions to allow enterprises in various industries to track and manage information more efficiently, the telecom giant announced on its website. The solutions include technology from Microsoft and IBM and can benefit users in industries ranging from manufacturing to retail and healthcare. The company noted it is combining its "edge to edge"...
Law enforcement officials in California have arrested another hacker accused of stealing cryptocurrency by hijacking phone numbers. 19-year old Xzavyer Narvaez has been charged with seven counts of computer crimes, identity fraud, and grand theft, according to a report on Motherboard. According to the report, Narvaez had spent some of the Bitcoin made on luxury cards. The police found a 2018...
A bitcoin investor has sued telecommunications giant AT&T for $224 million after losing millions of dollars worth of cryptocurrency in a theft that he says is the cellular service provider’s fault. According to CNBC, California resident Michael Terpin has filed a 69-page complaint against AT&T in U.S. District Court in Los Angeles, in which he alleges that he lost $24 million worth of...
Blockchain has already revolutionized a lot of different industries. Now a growing number of digital marketers are using the technology as an aide for a variety of tasks, including to see how many of their ads are actually being viewed by real people. Advertises are drawn to blockchain for a couple of different reasons. Some hope new developments will increase the speed of blockchains and make it...
Bitcoin is gaining such prominence in value and adoption that it's making major online brands sit up and take notice. Yesterday, bitcoin's price soared through the $3,400 mark, zeroing in on the $3,500 milestone. With ethereum steadily climbing to $300, the market cap exceeded that of $120 billion for the first time. It has since slipped back down to $118 billion. There are, of course, already...
US telecommunications giant AT&T has been awarded a patent for a bitcoin-powered ‘decentralized and distributed home subscriber server’ device. According to records from the US Patent and Trademark Office (USPTO), AT&T filed its first patent application over two years ago on April 6, 2015, before ultimately being awarded the patent on May 30th. A ‘home subscriber server’ is the master...
AT&T has confirmed it is not intentionally blocking customers from using their bitcoin ports, contrary to some allegations in recent days. DSLReports.com, a website that reviews ISPs and conducts Internet speed connection tests, reported yesterday that AT&T confirmed that the company does not block the bitcoin port 8333 or attempt to block bitcoin nodes for its customers. Any customer...
By default, Bitcoin clients connect to other bitcoin nodes on TCP port 8333. If a user wants their Bitcoin client to connect to other nodes, they will need to allow outgoing TCP connections on port 8333, and also will need to have the ability to accept connections on that same port. Some Bitcoin users have reported issues attempting to connect or receive connections to their bitcoin clients...