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Blockchain Day Emirates • December 15, 2018

Blockchain Day Emirates – is an event that brings together the world’s leading visionaries, innovators, and thinkers to explore new…

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Tag: Cybercime

UW System School infected with Bitcoin Mining Scripts

Category: Altcoins, Bitcoin, Mining, News, Tech

UW System School infected with Bitcoin Mining Scripts

The University of Wisconsin System discovered three of its servers mining Bitcoin. The UW Madison news section reported, illegal crypto miners exploited three servers at UW-Madison, UW-Stout, and UW-Superior by installing Bitcoin mining malware via the Oracle WebLogic software vulnerability. The UW System schools infected server were put offline to establish a safe and secure environment. Hunting Miners Hunting Crypto…

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South Korean Jury Deliberate on Auctioning Pornography Merchant’s Seized Bitcoin

Category: Bitcoin, News, Regulation

South Korean Jury Deliberate on Auctioning Pornography Merchant’s Seized Bitcoin

South Korean Authorities are at crossroads over the decision on how to handle the approximately 216 bitcoin seized from a Korean web developer and “porn lord.” Long-Standing Case The case began in April when a web developer was indicted for allegedly distributing 235,000 copies of illegal pornographic material on adult websites over three years. The Korean District court in Suwon,…

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Tether’s $31 Million Theft Ignites Criticism on Centralized Blockchains

Category: Altcoins, Blockchain, News

Tether’s $31 Million Theft Ignites Criticism on Centralized Blockchains

The treasury wallet of Tether (USDT), the cryptocurrency that is pegged to the value of the US dollar through an inflationary monetary policy, was hacked earlier this week. Nearly $31 million worth of the cryptocurrency was stolen, and consequently, the Tether development team suspended the account possessing the stolen funds to disable it from being sent across the network. In…

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