Tag: security

On August 15, 2018, entrepreneur and cryptocurrency investor Michale Terpin filed a lawsuit worth $224 million against telecommunications company AT&T and accused the company of “negligence and fraud” regarding the theft of cryptocurrencies from his personal account. A new Kind of Cryptocurrency Scams The 69-page complaint, filed with the U.S. District Court in Los Angeles, the businessman has alleged that…

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While cryptocurrencies have grabbed global headlines, the technology underlying them, Blockchain, appears to be determining market trends in 2018. Deloitte Determines Blockchain Trends Blockchain technology launched a run of its own in 2017, with businesses seeing significant investments based on the inclusion of the word blockchain in their name. Before many in business circles knew what blockchain technology was or…

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In the following series, BTCManager will be walking through, in detail, seven questions posed by the co-creator of Ethereum Vitalik Buterin. These seven questions are some of the most relevant features of this booming ecosystem. From security, as in this week’s installment, to governance and everything in between. The series was inspired by a discussion between Buterin and a WeChat…

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In March of 2018 Vitalik Buterin introduced Plasma and Plasma Cash as a solution to some of the largest difficulties facing blockchain technology Scaling, security, and verification have long plagued the emerging field of blockchain technology and cast doubt into the minds of potential investors. In 2017, document describing the upgrade came online entitled Plasma: Scalable Autonomous Smart Contracts, written…

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According to a report published on The Next Web, the decentralized betting platform Augur was found to possess a critical bug, which could potentially allow cyber hackers to provide wrong information to the users and rig the mechanism of prediction markets website. The report published on August 7, 2018, states that the bug could allow hackers to manipulate transactions, user…

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In the battlefield of the world of crypto which is often plagued by malicious hackers and careless developers, safety and security are often taken for granted. In this interview at the International Blockchain Conference in Hyderabad 2018, BTCManager spoke to Hartej Sawhney co-founder of security firm Hosho, regarding the current state of the smart contracts and blockchain security. Meet Hartej Hartej…

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In a bid to make it easier for ether holders to send and receive funds without having to bother with pasting the 40 character hash addresses at all times, MMX and Ethereum have reached an agreement to create human-readable .luxe addresses, as announced on August 4, 2018. MMX, Ethereum, and .Luxe According to the announcement, Ethereum Name Service (ENS) has…

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Interest in cryptocurrencies and digital tokens has scaled new heights this year. Larger number of users completing payment transfers using digital currencies translates into a higher demand for cryptocurrency related services such as wallets and digital exchanges. As a result, several cryptocurrency wallets were launched between the start of 2017 and August 2018. However, users face the daunting task of…

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In early 2016, reports of a particularly crippling ransomware attack began to surface. While many of the victims were based in the U.S., the attacks were also witnessed in other parts of the world. The ransomware has proceeded to be active since then and continues to update and better itself with each version released. What Is SamSam? Leading security outfit…

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There is no doubt that cryptocurrencies have given astronomical returns to early investors. People that invested in bitcoin in its early years, around 2011 or 2012, and are now sitting on a profit higher than 3000 prevent. This has brought newer investors to the cryptocurrency market, leading to a meteoric rise in 2017. A study estimated that 8 percent of…

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