Archinect - News

Hackers are using architects’ computers for crypto-mining, cybersecurity firm warns

2023-09-08T11:09:00-04:00

Cybersecurity firm Cisco Talos is warning of the potential for hackers to target architects and other designers with crypto-mining malware. The hacking campaign, which has largely targeted French-speaking architects, engineers, and graphic designers, sees the victim’s computer infected with malware via installer tools.

“Cybercriminals are abusing Advanced Installer, a legitimate Windows tool used for creating software packages, to drop cryptocurrency-mining malware on infected machines,” Cisco Talos explains.

The vulnerability centers on Advanced Installer, a package used in the installations of legitimate software installers such as Adobe Illustrator, Autodesk Revit, and SketchUp. The hackers package such installers with malicious scripts and use Advanced Installer’s Custom Actions feature to make the software installers execute the malicious scripts.

The resulting malware allows h...

El Salvador picks Fernando Romero to plan its Bitcoin City

2022-05-13T08:27:00-04:00

The country of El Salvador has picked an architect for his attention-grabbing bid to lure cryptocurrency investment to the small Central American nation.

FR-EE founder Fernando Romero is now in charge of the country’s Bitcoin City development and plans to add a new Pacific airport, according to an announcement made on social media from President Nayib Bukele Tuesday.

All images via Nayib Bukele/Twitter

Somewhat similar to the layout of the new “crypto paradise” private island development in Vanuatu, plans revealed this week display a concentric design with outlying nodes connected to a central plaza, itself forming the shape of a Bitcoin logo. The pop-up city, which includes an airport concept similar FR-EE’s contribution to the abandoned design for a new international airport in Mexico City, will be located at the base of the Conchagua Volcano (also its power source for mining operations) along El Salvador’s southern coast.

All images via Nayib Buk...

Grimshaw tapped to design first of four metaverse spaces for pax.world

2022-04-14T14:27:00-04:00

A noteworthy development in the expanding field of digital architecture as Grimshaw has been tapped to design their first-ever blockchain project for the forthcoming metaverse platform pax.world.

The endeavor will be the first of four ‘Metaserai’ metaverses that take their name from ancient trade-friendly roadside inns called Caravanserai which carry a symbolic significance to the platform’s digital commerce-oriented mission. In the quest for further development of its nascent 20,000-parcel footprint, pax.world will lean on Grimshaw’s long-established history of working on design’s cutting edge to attract prospective buyers as it begins the initial sale of land parcels ahead of an official public launch set for later this summer.

“From our founding, Grimshaw has led the design and architecture industry in the development of buildings that are adaptable, consider change, flexibility of use, and sustainable principles to extend their life and use,” Grimshaw Chairman Andrew Whalley sai...

Another day, another architectural design for a decentralized crypto republic

2022-04-06T17:49:00-04:00

A self-declared “crypto paradise” is coming to a remote island nation in the South Pacific featuring designs from Hong Kong-based firm James Law Cybertecture for what is billed by developers to be the world’s first blockchain-based democracy.

Located in Vanuatu, the 800-acre private island is named after Bitcoin inventor Satoshi Nakamoto and will be subdivided into seven separate “NFT zones” and 21,000 individual parcels that can be purchased exclusively as NFTs. The Satoshi Island development will feature a range of sustainability measures like solar panels and a specialized waste management system that combine with a goal of 100% self-generated power in a move away from the energy-intensive mining process involved in crypto.

The architectural design of Satoshi Island is based on a configurable modular base, which can be scaled up to allow for different building types and non-residential construction.

Residential structures on the island come in a vaguely Midcentury modular prefabri...

India is taxing cryptocurrencies to finance its push for new infrastructure

2022-02-01T19:12:00-05:00

Indian Prime Minister Narendra Modi’s government has included hefty spending on infrastructure projects in its annual budget, looking to spur growth and improve its popularity just ahead of key state elections. The budget also includes a proposed 30% tax on income from cryptocurrencies.

India also introduced a new digital rupee (after previously attempting a ban on cryptocurrencies) and plans to declare data centers and large energy storage systems as infrastructure in an effort to increase access to institutional funding. Hopes are that the investment in building projects will create employment opportunities which will thus pour money back into the economy. Current forecasts have India’s GDP growing at an 8% rate for the fiscal year.

The country’s Finance Minister Nirmala Sitharaman said the package includes $2.68 billion in allocations for highway expansions and funding for 400 new trains that will be manufactured in the next three years. The money constitutes a major shift as about $4 billion less is being spent on healthcare delivery than was included in last year’s budget. Prime Minister Modi has said very publicly that he feels it is his responsibility to make infrastructure development a top priority for the world’s second-most populous country.

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Decentraland is playing host to six-figure deals as architects begin to embrace the metaverse

2021-12-13T18:55:00-05:00

As part of the design community’s incorporation of talent into the nascent, ever-growing world of blockchain technology and digital architecture, more spaces are cropping up that have the potential to do outsized business opportunities with ramifications in the metaverse and beyond.

One of those spaces is the relatively new Decentraland, a 22-month-old 3D platform that currently plays host to over 90,000 parcels of land subdivided into individual 9-square-mile plots which can command prices as high as $2.43 million as the cost of digital land has boomed in unison with the rise of NFTs.

Metapurse HQ. Image courtesy Voxel Architects.

Thus far, Decentraland has featured some headline-grabbing projects, including a functional digital twin of the auction house Sotheby’s London headquarters. The display of NFT art has become one of the most predominant forms of building in the metaverse, followed by gaming, retail, and other forms of entertainment like blockchain casinos that have users li...

The Staples Center has been renamed to Crypto.com Arena

2021-11-18T16:04:00-05:00

Staples Center is getting a new name for Christmas: Crypto.com Arena. The downtown Los Angeles venue — home of the Lakers, Clippers, Kings and Sparks — will wear the new name for 20 years under a deal between the Singapore cryptocurrency exchange and AEG, the owner and operator of the arena, both parties announced Tuesday. Crypto.com paid more than $700 million for the naming rights, according to sources familiar with the terms, making it one of the biggest naming deals in sports history.

The arena’s new logo will debut on December 25th, and all of the Staples Center signage will be replaced by June 2022. The partnership between AEG and Crypto.com may see the integration of cryptocurrency and online payment into the arena. A 3,300-square-foot section at the entrance of the arena will become a dedicated Crypto.com “activation space” that will feature crypto-centric interactive experiences.