City officials from Torrance were left red-faced after the private data they denied had been stolen was published by a ransomware gang. A ransomware gang has published personal and financial data from the Californian City of Torrance online — and threatened to reveal 200GB more unless their demands are met. Calling themselves DoppelPaymer, the ransomware […]
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Dutch company GUTS has come up with a novel blockchain-based system for managing crowds in public places to minimize risks as pandemic restrictions are eased. As more and more countries seek to ease strict lockdown restrictions, challenges lie ahead managing social distancing in public places to mitigate the risks of a second wave of infections. […]
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After a deep dive into Facebook’s Libra project, Binance Research found the proposed concept could change the face of the payment sector. Binance Research dove into Libra’s most recent whitepaper, surfacing with a lenghty report, in part claiming Facebook’s proposed asset could significantly alter the payments world. “Libra’s envisioned global payment system could do to […]
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With no formal announcement, former CME exec Miguel Vias has quietly left his role as Head of XRP Markets for Ripple Labs. Ripple looks to have lost its second executive of 2020 after Head of XRP Markets, Miguel Vias, updated his LinkedIn status to signal the end of his tenure with the company. Vias joined […]
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Details of the dForce hack led to many in the DeFi community to question the security practices of the firm, which many believe cloned Compound’s code. The hacker who stole $25 million in crypto on April 19 from decentralized finance, or DeFi, protocol, dForce, has since returned the money. Most signs indicate that this was […]
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MakerDAO founder, Rune Christensen, explained how Maker Foundation will prevent future protocol failures and predicted the merger of DeFi and centralized finance. MakerDAO founder, Rune Christensen, explained the measures taken by the Maker Foundation to prevent future failures in Maker’s protocol and predicted the future merger of DeFi and centralized finance. How to prevent future […]
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Is it possible to share personal data in order to help to fight the global pandemic and keep this data anonymous to protect your privacy? The headlines are scary. Millions of infections — over 170,000 deaths. Nothing will ever replace the lives lost or bring back pre-COVID-19 “normal” again. While our hearts and deepest sympathies […]
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Overstock’s blockchain arm tZERO bags $5 million in funding from GoldenSand Capital through its latest equity sale. tZERO, the blockchain subsidiary of the American internet retailer Overstock, raised $5 million in equity investment from the Hong Kong equity firm GoldenSand Capital. Speaking of the firm’s interest in being a part of tZERO’s initiative, chairman of […]
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The Winklevoss brothers’ Gemini cryptocurrency custodian and exchange has obtained a new security qualification, SOC 1 Type 1. The Winklevoss brothers’ Gemini cryptocurrency custodian and exchange has obtained a new security qualification, SOC 1 Type 1. According to an April 21 blog post by the company’s head of risk, Yusuf Hussain, Gemini became the world’s […]
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Emsisoft highlighted a considerable decline in the successful ransomware attacks in the US. An April 21 report by malware lab Emsisoft showed that there was a significant drop in the number of successful ransomware attacks on the US public sector during Q1 2020. The findings show a total of 89 organizations were victims of ransomware […]
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