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Tag: cybsersecurity

BitGrail Offers BGS Token to Satisfy Sore Customers

Category: Altcoins, Business, Commentary, News

BitGrail Offers BGS Token to Satisfy Sore Customers

Despite still refusing to take responsibility for the hack of February 2018, Nano (XRB) Exchange BitGrail has prepared a plan to reimburse 80 percent of lost customer funds in the form of another token BGS (Bitgrail Shares). This token can only be traded on the platform itself and will be repurchased by the exchange at the end of every month…

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Binance Team Shows Why the Exchange Is Leading the Field Following Bitcoin ‘Hack’

Category: Altcoins, Bitcoin, Finance, News

Binance Team Shows Why the Exchange Is Leading the Field Following Bitcoin ‘Hack’

Posting on the Binance website, the company has disclosed information on the recent theft attempts and also details how the exchange foiled them and preserved users’ investments. Amid several exchanges’ losses due to cybercrime, Binance has reaffirmed itself as a secure exchange and demonstrated at least one good reason why it has become the largest cryptocurrency exchange in the world,…

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BitCAD to Develop a Decentralized System for Biometric Identification

Category: News, Tech

BitCAD to Develop a Decentralized System for Biometric Identification

BitCAD, an international project focused on developing cryptographically secured smart platforms, has announced that they are working on a decentralized solution for biometric identification. While the market in question seems to have crystallized, the issue goes a bit deeper, so a blockchain-based system might find its niche as it could provide something its centralized peers fail to accomplish. Existing Systems…

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How the Blockchain Could Have Saved 34,000 Client Data Files

Category: Business, News, Tech

How the Blockchain Could Have Saved 34,000 Client Data Files

Quest Diagnostics, a public clinical laboratory service provider with a revenue of $7.5 billion in 2015, lost 34,000 sets of valuable client information in a major hacking attack, announcing an investigation into the attack on December 12. During the data security incident, Quest Diagnostics admitted that the name, date of birth, lab results and telephone numbers of its clients were…

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