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Tag: Threat

America’s utilities prepare for a nuclear threat to the grid

America’s utilities prepare for a nuclear threat to the grid

Finance
WHEN North Korea said on September 3rd that it had developed a hydrogen bomb, adding that it could be used for a “super-powerful” high-altitude electromagnetic pulse (HEMP) attack, America’s electricity industry was already on alert. Sceptics tend to dismiss as far-fetched the idea that the rogue regime would knock out the electricity grid by detonating a nuclear bomb high in the atmosphere. Regulators have not mandated safety measures. But the utilities are taking it seriously enough.They are more than a year into a three-year programme, funded by about 60 electricity firms, to understand the potential impact of a HEMP attack on the generation and transmission of electricity, and to find ways to shield the network. Such concerns are not new. In 1962, when America exploded nuclear devices
AP Explains: Threat of a bitcoin split avoided, for now

AP Explains: Threat of a bitcoin split avoided, for now

Technology
On the eve of a major change in bitcoin, a threat of a split in the digital currency has been avoided — for now. A move by users to force a change in the computer code by Monday has worked. A majority of "miners" — the core bitcoin users who verify bitcoin transactions around the world — has signaled support. Though the change is designed to improve capacity on the increasingly clogged network, some miners had objected because it could reduce transaction fees they collect. The show of support has helped reverse a slide in the value of bitcoin from around $ 1,900 two weeks ago to roughly $ 2,800 on Monday. However, some uncertainty still remains. A May agreement between large bitcoin companies effectively pushes the threat of a split off until November. And one proposal to launch an altern