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Exposed MongoDB Server Exposes Details of Cryptocurrency Users

26th April, 2018, By Catalin Cimpanu     Security researchers have stumbled across a MongoDB database containing the personal details of over 25,000 users who invested in or received Bezop (BEZ) cryptocurrency.   According to cybersecurity firm Kromtech, the database contained information such as full names, home addresses, email addresses, encrypted passwords, wallet information, and… Continue reading Exposed MongoDB Server Exposes Details of Cryptocurrency Users

First-of-its-Kind Blockchain-Based Hurricane Insurance Policy Created for Puerto Rico

A decentralised insurance platform has announced its support for the first blockchain-enabled insurance product to tackle natural disasters in Puerto Rico. According to an announcement, Etherisc’s hurricane insurance policy uses smart contracts to take away the strain of having to deal with traditional insurance companies. The need for the new policy from the Zug-based startup… Continue reading First-of-its-Kind Blockchain-Based Hurricane Insurance Policy Created for Puerto Rico

DACSEE Launches Blockchain-Based Ride Sharing Mobile App In Malaysia

Decentralized Alternative Cabs Serving & Empowering Everyone (DACSEE), a ride-hailing platform built on blockchain technology targeting the Asian market, has launched its mobile application, debuting in Malaysia, the startup announced on Wednesday. DACSEE is now available for Android users in Malaysia. The iOS app will be available on April 27. The startup said the mobile… Continue reading DACSEE Launches Blockchain-Based Ride Sharing Mobile App In Malaysia

On Chain VS. Off Chain Governance: The Ins And Outs

To understand the importance of blockchain governance and the debate surrounding it, It is important to first define blockchain governance and it’s role in the entire blockchain ecosystem. Blockchain governance in cryptocurrencies relates to decisions about two things: the rules of the protocol (the code) and the incentives the network is based on (the economics).… Continue reading On Chain VS. Off Chain Governance: The Ins And Outs

$150,000 USD in Ethereum Stolen in MyEtherWallet Hack

For two hours yesterday, April 24th, 2018, hackers diverted visitors of MyEtherWallet.com, accessing user accounts and stealing approximately 215 ether. MyEtherWallet warned users on Reddit and Twitter as soon as the hack was identified. But, this left a couple of hours where users of the wallet attempting to visit the MyEtherWallet.com website were redirected to… Continue reading $150,000 USD in Ethereum Stolen in MyEtherWallet Hack

Financial Firms are Ready to Enter the Cryptocurrency Market Says New Survey From Thomson Reuters

A Thomson Reuters survey claims that one in five financial institutions are considering cryptocurrency trading in 2018, with many planning to do so in the next few months. The survey by the leading professional market news service was conducted with over 400 Thomson Reuters trading solutions clients, including users of the Eikon, REDI, and FX… Continue reading Financial Firms are Ready to Enter the Cryptocurrency Market Says New Survey From Thomson Reuters

Ransomware Hits HPE iLO Remote Management Interfaces

25th April, 2018, By Lawrence Abrams   Attackers are targeting Internet accessible HPE iLO 4 remote management interfaces, supposedly encrypting the hard drives, and then demanding Bitcoins to get access to the data again. While it has not been 100% confirmed if the hard drives are actually being encrypted, we do know that multiple victims… Continue reading Ransomware Hits HPE iLO Remote Management Interfaces

Facebook Should Take Responsibility, Says Money Saving Expert Suing Platform Over Cryptocurrency Scams

Martin Lewis, a British consumer advice and Money Saving Expert, is suing Facebook for defamation after it failed to stop scammers posting fake adverts using his picture, name, and reputation. Lewis, who is the founder of consumer help site MoneySavingExpert.com and a TV presenter on ITV’s The Martin Lewis Money Show, explained in a blog… Continue reading Facebook Should Take Responsibility, Says Money Saving Expert Suing Platform Over Cryptocurrency Scams

S Korea Telco To Use Blockchain For Asset Management And Authentication

SK Telecom (SKT), a South Korean telecommunications operator, is looking to adopt blockchain technology for identity management, improved payments and asset management, the firm announced on Tuesday. Oh Se-hyeon, the executive vice president of SKT’s blockchain unit, said the firm is planning to launch a blockchain-based asset management and payment services. “The service will allow… Continue reading S Korea Telco To Use Blockchain For Asset Management And Authentication

eToro Adds EOS as Demand for Altcoins Surges

Responding to consumer demand for altcoin investment opportunities and trading eToro has added EOS to its platform as of April 23rd, 2018. eToro is a next generation global trading and investment platform with nine million users. It boasts the ability for users to manually invest in over 1,500 instruments, copy the trades of more experienced… Continue reading eToro Adds EOS as Demand for Altcoins Surges