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Tag: syscoin

Binance Suffers Massive API Attack Causing Hackers to Sell One Syscoin for Over 96 Bitcoins

Category: Altcoins, Blockchain, Crime, Exchange, News

Binance Suffers Massive API Attack Causing Hackers to Sell One Syscoin for Over 96 Bitcoins

The world’s largest cryptocurrency exchange by trading volume, Binance, faced an embarrassing situation on July 3, 2018, as attackers took advantage of an API hack to sell a single Syscoin (SYS) for 96 bitcoins (BTC). Binance API Attacked Over a billion SYS were moved from a wallet, rumoured to be owned by Binance, after enterprising attackers took advantage of the…

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Cryptocurrency Desktop Client Victim of Trojan Attack

Category: Altcoins, Bitcoin, Blockchain, Crime, News, Tech

Cryptocurrency Desktop Client Victim of Trojan Attack

Syscoin announced on official Github page the project’s official client had faced a malicious trojan attack. The post urged users who downloaded the software via GitHub between June 09, 2018 10:14 PM UTC & June 13, 2018 10:23 PM UTC to take immediate action. GitHub Compromised The initial attack vector of the malicious software was a compromised GitHub account belonging…

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Syscoin Begins The Next Phase of its Evolution with Blockmarket, A Decentralized Marketplace Wallet

Category: Altcoins, Blockchain, News

Syscoin Begins The Next Phase of its Evolution with Blockmarket, A Decentralized Marketplace Wallet

Blockchain Foundry Inc., the company behind the Syscoin cryptocurrency, has released Blockmarket Desktop v1.0, an upgraded replacement for the Syscoin QT wallet, which integrates a decentralized marketplace for buying and selling any type of product. With Blockmarket Desktop, Blockchain Foundry moves into the next phase in the evolution of its decentralized enterprise business software. The Syscoin blockchain was generated in…

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Syscoin Adds New Services to Microsoft Azure BaaS Platform

Category: Altcoins, Business, News, Tech

Syscoin Adds New Services to Microsoft Azure BaaS Platform

Syscoin have announced that they have completed all of the prerequisite steps for their first official Microsoft Azure BaaS (Blockchain-as-a-Service) Marketplace product certification and have pushed their offering to Microsoft’s staging environment for approval. Syscoin had a bumpy start, launching as a scrypt-based, merge-mineable coin with certificate issuance, distributed marketplace, document exchange, and data storage services in August 2014. Following…

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Syscoin Creators Introduce Blockchain Foundry; to Launch Blockmarket

Category: Business, News

Syscoin Creators Introduce Blockchain Foundry; to Launch Blockmarket

The creators of Syscoin, a cryptocurrency designed to replicate the zero cost financial network of Bitcoin and offer other innovative built-in services like encrypted messaging, have announced the establishment of Blockchain Foundry, a company focused on the development of various merchant-focused platforms. Over the past few years, the developers at Blockchain Foundry have provided blockchain solutions to an international user…

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