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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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…

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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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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…

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Why an EOT HODL might be a great idea…

Staking or holding a coin is one of the ways for a crypto investor to grow his portfolio while waiting for prices to move.   The first 6 months of 2018 has been slow for growth in crypto prices so what does the crypto investor do in times like these. This is where staking can be a valuable addition to any portfolio.   Why hold EOT? There are a few reasons why we think this could be a viable strategy and we list them below…   What is EOT?  …

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How to trade Altcoins for Bitcoin and Vice Versa

  We have received many questions from readers regarding the trading of Altcoins and specifically how to trade Altcoins for Bitcoins. Our best suggestion here is an exchange called Changelly.     What is Changelly?   Changelly is an instant cryptocurrency exchange providing instant crypto-to-crypto rates and exchange platform.   How does Changelly work?   Changelly’s robot is integrated into the largest cryptocurrency trading platforms, including Poloniex and Bittrex. In the span of milliseconds, the robot makes bids and asks on the trading platforms, then selects and suggests the best available…

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Former Apollo Group CIO Bob Carroll Joins Dash Core Group as New Chief Technology Officer

Carroll brings more than 20 years of CTO/CIO experience to the Dash Core Group team New York, NY — June 4, 2018 — Dash, the top digital currency for payments, announced that IT industry veteran Bob Carroll has joined as the new Chief Technology Officer (CTO) of Dash Core Group. As CTO, Carroll will be in charge of leading the continued development of the Dash network and its products, including the development and launch of Dash’s Evolution payments platform.   CEO of Dash Core Group Ryan Taylor said “I am…

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Trump vs McAfee – POTUS 2020

  Crypto Twitter went into a frenzy on Sunday night as crypto maverick, John McAfee announced that he will run for the position of US President in the 2020 elections.   In spite of past refusals, I have decided to again run for POTUS in 2020. If asked again by the Libertarian party, I will run with them. If not, I will create my own party. I believe this will best serve the crypto community by providing the ultimate campaign platform for us. — John McAfee (@officialmcafee) June 3, 2018…

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