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BlockchaINVEST • January 7 - March 11, 2019

At BlockchaInvest, international blockchain companies and crypto projects looking to raise capital meet local investors and fund managers in a…

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Tag: security

Cryptocurrency Exchange Cryptopia Hacked, Reports Significant Losses

Category: Bitcoin, Business, News

Cryptocurrency Exchange Cryptopia Hacked, Reports Significant Losses

Cryptopia, a New Zealand-base cryptocurrency exchange, has suspended all services and gone offline after reporting a major hack that resulted in significant losses, the company announced in a tweet on January 15, 2019. Security Breach Reported at Cryptopia The new year doesn’t seem to have brought any relief to cryptocurrency exchanges, many of whom have fallen victim to major security…

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NASA Looking to Adopt Blockchain Technology for Air Traffic Management

Category: Adoption, Blockchain, Business, Development, News

NASA Looking to Adopt Blockchain Technology for Air Traffic Management

In a bid to fix the privacy loopholes inherent in the proposed Automatic Dependent Surveillance-Broadcast (ADS-B) system scheduled to get integrated by 2020, the National Aeronautics and Space Administration (NASA)  is looking to adopt distributed ledger technology (DLT), according to a paper published on January 7, 2019. The NASA Blockchain Push As stated in the document, the Federal Aviation Administration…

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Only 7 out of 21 Crypto Exchanges Pass South Korean Government Audit

Category: Altcoins, Bitcoin, Business, Exchange, News, Regulation

Only 7 out of 21 Crypto Exchanges Pass South Korean Government Audit

The South Korean Government recently conducted a security audit on 21 Cryptocurrency exchanges and according to a local news story published on January 10, 2019, only seven of them passed the audit. The audit took place between September and December 2018 and out of the 21 surveyed, Bithumb, Coinone, and Korbit, along with four others, made the grade. This means…

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DX.Exchange Cryptocurrency Leaks Customers’ Data and Authentication Token in a Bug

Category: Blockchain, Exchange, News, Tech

DX.Exchange Cryptocurrency Leaks Customers’ Data and Authentication Token in a Bug

DX.Exchange, a UK-based cryptoassets exchange that also allows users to trade digitized stocks of Tesla, Apple and others, has reportedly leaked several login details of some of its customers and employees due to a bug on its platform, reports Arstechnica on January 9. Cryptocurrency Exchange Leaks Customers’ Security Tokens Per sources close to the matter, DX.Exchange, also known as Coins.exchange…

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‘Crypto Dusting’ Attack Sends Illegally Obtained Bitcoin to Random Cryptocurrency Wallets

Category: Bitcoin, Blockchain, News, Tech

‘Crypto Dusting’ Attack Sends Illegally Obtained Bitcoin to Random Cryptocurrency Wallets

Crypto dusting attack, a hack on cryptocurrency wallets is used to distribute laundered money to the wallets of unsuspecting customers, which in turn, affects their reputation and draws the attention of law enforcement, reports DarkReading on January 8, 2019. A New Way of Distributing Laundered Money According to DarkReading, crypto dusting is a new attack which distributes illegally obtained funds from…

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Samourai Wallet Releases Direct APK Download after Google Play Disables Update

Category: Bitcoin, Development, News, wallet

Samourai Wallet Releases Direct APK Download after Google Play Disables Update

On January 7, 2019, Samourai Wallet posted that they were being forced to omit three key features from their privacy-centric bitcoin wallet. According to reports, Google Play asked the three-year-old firm to remove Stealth Mode, SIM Switch Defense, and Remote SMS Commands before uploading Samourai’s 0.99.04 update to the platform. Finding the omissions too grave, the wallet provider released a…

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Coinbase Suspends Ethereum Classic Transactions after Double Spend Attack

Category: Altcoins, Blockchain, Business, Exchange, News

Coinbase Suspends Ethereum Classic Transactions after Double Spend Attack

Shortly after detecting a deep chain reorganization of the Ethereum Classic blockchain (ETC) on January 8, 2019, cryptocurrency exchange platform Coinbase Tweeted that it has stopped all transactions related to the cryptocurrency. Ethereum Classic Blockchain Reorganized After having a monumental 2018, Coinbase would have hoped to carry the positive momentum into 2019. However, the U.S.-based crypto trading behemoth was in for…

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What Is MAIAN: The Most Popular Smart Contract Analysis Tool

Category: Blockchain, Cryptocyclopedia, Development, Ethereum

What Is MAIAN: The Most Popular Smart Contract Analysis Tool

In the world of smart contracts, even the most refined financial institutions have to maintain an expert level of technology if they’re looking to get involved with the aforementioned methods. Smart contracts are liable to hacks that can essentially cost the underlying creator hundreds, if not millions of dollars. The most infamous instance of something this catastrophic was the DAO…

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Hackers Threaten to Leak Confidential 9/11 Documents Unless Paid in Bitcoin

Category: Bitcoin, Crime, News

Hackers Threaten to Leak Confidential 9/11 Documents Unless Paid in Bitcoin

Cybercriminal group “The Dark Overlord” has threatened to publicly release confidential files related to the 9/11 attacks if their ransom demands are not met, reports Motherboard on January 1, 2019. 9/11 Secrets up for Sale The hacker group tweeted on December 31, 2018, about their successful breach of the confidential database of law firms handling cases related to the 9/11 terrorist attacks….

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Almost $1 Million Stolen in Phishing Attack on Electrum Wallet

Category: Bitcoin, Business, Finance, News, wallet

Almost $1 Million Stolen in Phishing Attack on Electrum Wallet

Popular cryptocurrency wallet Electrum is in the midst of an ongoing hack which saw almost $1 million in Bitcoin stolen so far, Reddit users discovered on December 27, 2018. 250 BTC Stolen in Electrum Wallet Hack It seems that hackers aren’t lying idle during Christmas time, as a popular cryptocurrency wallet has reportedly experienced one of the largest thefts of…

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