Vitalik Buterin, the co-founder of Ethereum, has responded to several bitcoin developers who claimed Ethereum was only designed as an independent blockchain network to pre-mine tokens for the financial benefits of its founders. Several years ago, there was a conflict between Counterparty and bitcoin developers. Counterparty was using Bitcoin’s OP_RETURN function which enabled anyone to store any… Continue reading Vitalik Buterin Never Attempted to Launch Ethereum on Top of Bitcoin
Month: February 2018
Comnie Continues to Target Organizations in East Asia
January 31, 2018 By Josh Grunzweig Unit 42 has been tracking a series of attacks using a remote backdoor malware family named Comnie, which have been observed targeting organizations in the East Asia region. Comnie, first named by Sophos seemingly after the Windows LNK file name it created, is a custom malware family that… Continue reading Comnie Continues to Target Organizations in East Asia
Chinese Iron Tiger APT is back, a close look at the Operation PZChao
February 2, 2018 By Pierluigi Paganini Chinese Iron Tiger APT is back, the new campaign, dubbed by Operation PZChao is targeting government, technology, education, and telecommunications organizations in Asia and the US. Malware researchers from Bitdefender have discovered and monitored for several months the activity of a custom-built backdoor capable of password-stealing, bitcoin-mining, and of course… Continue reading Chinese Iron Tiger APT is back, a close look at the Operation PZChao
Estonian Startup VLBToken Unveils Blockchain-Based Car History Registry
The creators of CarFix, a Russian car service startup, are working on a new blockchain project that’s going after the US$1.8 trillion auto industry. The new venture, called VLBToken and based in Estonia, is developing the Vehicle Lifestyle Blockchain (VLB), a platform that promises to offer transparency into the data and history of a car’s… Continue reading Estonian Startup VLBToken Unveils Blockchain-Based Car History Registry
Job Matching Service Job.com Moves To Blockchain-Based Platform
Job.com, a job-seeking service that claims 60 million users, has announced the transition of its platform to be entirely blockchain-based with the mission of eliminating middlemen recruiters from the hiring process. The new platform is set to launch in the spring of 2018. According to Job.com co-founder Paul Sloyan, the recruitment industry has been ripe… Continue reading Job Matching Service Job.com Moves To Blockchain-Based Platform
System Cryptomix Ransomware Variant Released
February 2nd, 2018 By Lawrence Abrams Michael Gillespie discovered a new Cryptomix variant uploaded to ID-Ransomware this week. Today, I was able to find a sample so we can see what has changed. For the most part, it is the same as previous variants except it now appends the .SYSTEM extension to encrypted files and changes… Continue reading System Cryptomix Ransomware Variant Released
Decentralized Ethereum App Status Invests in P2P Messaging Platform
Status, the Ethereum-based mobile operating system, has invested $5 million in Matrix, a peer to peer messaging application used by millions of active users globally. In an interview with CoinJournal, Status co-founder Carl Bennetts emphasized the similarities between Status and Matrix, explaining that both projects are essentially aiming to evolve into major decentralized communication platforms. Bennetts… Continue reading Decentralized Ethereum App Status Invests in P2P Messaging Platform
City of Taipei to Use IOTA’s Blockless Tangle for its Smart City Goals
The IOTA Foundation has announced that it has teamed up with Taipei City to help it reach its smart city goals. The capital of Taiwan is to integrate IOTA’s blockless distributed ledger technology, Tangle, to explore the possibilities of meeting its ‘Smart City Living Lab’ needs through a variety of projects. The first project will… Continue reading City of Taipei to Use IOTA’s Blockless Tangle for its Smart City Goals
Malicious Chrome Extensions Found in Chrome Web Store, Form Droidclub Botnet
February 1st, 2018 By Joseph C Chen The Trend Micro Cyber Safety Solutions team has discovered a new botnet delivered via Chrome extensions that affect more than half a million users. (The malicious extension is detected as BREX_DCBOT.A.) This botnet was used to inject ads and cryptocurrency mining code into websites the victim would… Continue reading Malicious Chrome Extensions Found in Chrome Web Store, Form Droidclub Botnet
South Korea Finance Minister Says No Bitcoin and Cryptocurrency Ban
Although it has been made clear by the South Korean government on several occasions that a ban on bitcoin and cryptocurrency trading will not be imposed, parts of the market have remained bearish, still concerned about the possibility of a ban in the long-term. On January 31st, South Korea’s finance minister Kim Dong-yeon clarified their stance,… Continue reading South Korea Finance Minister Says No Bitcoin and Cryptocurrency Ban