Bithumb hack emphasizes need for Security in Crypto Industry

Korean Crypto Exchange Bithumb lost more than $30 million in the most recent crypto hack, further emphasizing the need for security in the industry. With blockchain technologies, the repercussions of a hack are much greater than in traditional technology.  Bloomberg reported that Exchanges are a juicy target for hackers, with more than a billion dollars worth of cryptocurrency being stolen.     In response to the latest hack, industry leaders highlight the importance to build confidence in the industry, follow best practice, implement a regulatory framework as well as decentralise…

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Hack the DAO: Blockchain Startup Daox to Announce a $100K Hacking Contest

  Daox, a blockchain startup that is developing a platform and ecosystem for ICOs based on the concept of a decentralized autonomous organization, has announced the $100k hacking contest to prove that their DAOs are safe.     According to the rules, participants should either find a way to completely freeze or steal the funds that reside on a DAO’s Ethereum smart contract. The first person to complete the objective would be unconditionally rewarded with a $100k prize in bitcoins and get an offer to join their team.   The…

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Joon Ian Wong Joins CoinDesk as Managing Director for Europe and Asia

  Wong returns to CoinDesk to lead its international expansion   New York, NY – June 12, 2018 – CoinDesk, Inc, the leading digital media, events, and information services company for the crypto and blockchain community has announced that Joon Ian Wong will be rejoining the company as its Managing Director for Europe and Asia. Wong joins CoinDesk from Quartz, where he specialized in covering cryptocurrencies and blockchain technology.     CoinDesk CEO Kevin Worth said “It’s been incredible to see Joon’s ascent since he first helped launch the Consensus…

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Global Blockchain Services Firm WACHSMAN Recruits Key Executives from Jefferies and J.P. Morgan to Lead New Strategy Division

  Wachsman amplifies service offerings beyond public relations and events management with first major agency expansion   NEW YORK, NY — June 12, 2018 — Wachsman, one of the world’s leading blockchain professional services firms, has hired senior bankers from investment banks Jefferies and J.P. Morgan to lead a new blockchain strategy and advisory division. Formerly Senior Vice President, Technology Investment Banking Group at Jefferies, Michael Chang joins Wachsman as Managing Director and will lead the firm’s new Strategic Advisory Group in New York.     Chang will be supported…

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GECKO Governance Launches Compliance Solution For ICO Market Following Approval by Isle of Man Regulator

    Former SEC Senior Compliance Examiner joins stellar advisory board     Dublin, Ireland – 12 June 2018 – GECKO Governance, the multi-award winning RegTech regulatory solution for financial compliance, has announced the launch of a new compliance solution, GECKO Crypto1, following approval by the Isle of Man Financial Services Authority. Managing ICO governance and compliance for every jurisdiction, GECKO Crypto1 will offer enhanced levels of transparency and accountability to platform-users within the blockchain industry. The platform provider also announced today that Dan Viola, former Senior Compliance Examiner at…

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How your printer snitches on you

  Printers and privacy are in a complicated relationship – When you print, scan, or copy a document at home or in the office, it might look like any other document to your eyes. But, unbelievably, data on the page make it possible to track almost every document you’ve ever scanned, printed, or photocopied back to you. 1.Printer logs   All modern printers keep some form of log. Depending on the make and model, the logs can be highly intrusive and even go as far as indefinitely retaining full copies of…

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The Auto Block: Blockchain for Automotive Industry

The Blockchain technology was featured on Gartner’s Top 10 Strategic Technology Trends list back in 2016. This ingenious trend has gained quite a lot of popularity in the last few years and even though it was initially developed for the digital currency, Bitcoin, it has proven useful in many other areas such as the internet and automation.     In a nutshell, the Blockchain technology makes it possible for information to be recorded and distributed, without being copied. While Blockchain has a lot of other benefits as well, the one…

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Tug-of-War: Will Blockchain Bring Data Ownership Back to Users?

    ConnecTechAsia Summit speaker, Nicole Nguyen, Head of APAC, Infinity Blockchain Ventures, shares about data ownership and how blockchain could tilt the balance in favour of the end user.   Since the advent of the internet, users have marvelled at the ability to create a persona of themselves online – be it in the first virtual communities, social networks, retail sites and multi-player games. Increasingly, a greater proportion of our personal lives and information can now be found on digital platforms.   Coupled with a plethora of emerging technologies…

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Top Executives from CNN, Casper, Refinery29, Columbia Records UK, eBay, and more join ‘Digital Future Council’ Launching June 18

  Industry think tank connecting innovators across advertising, marketing, and emerging technology bolsters esteemed group of founding members, unveils preliminary events schedule for inaugural gathering in Cannes   LONDON, June 5, 2018 – The Digital Future Council, a first-of-its-kind think tank formed with the mission of bridging the gap between the creative and technology industries, has announced a distinguished selection of founding members ahead of its official launch during Cannes Lions Festival June 18-21. Key executives on board include: Kate Ward, Senior Vice President & Head of International at Refinery29;…

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ECoinmerce To Accept McAfee Redemption Unit Currency

Showing support for the blockchain influencer as well as his new crypto-backed fiat currency Singapore – ECoinmerce, the world’s first decentralized and tokenized E-commerce marketplace, today announces they will accept the McAfee Redemption Unity (MRU) currency for all products available to purchase or pre-order on the ECoinmerce Marketplace Preview.     The currency is intended to reserve personal time with blockchain influencer John McAfee. According to McAfee, who last week tweeted about ECoinmerce platform, users can redeem the currency by appearing at an address in Mexico between 1-3 PM to…

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