TLDR Capital Launches Security Division Led by Veteran FBI Special Agents and Navy SEAL

  Leading crypto investment and advisory firm brings specialized cyber and physical security to at-risk market participants   New York, NY— July 12, 2018 — TLDR, a global investment and advisory firm for tokenization projects, has announced a new security-focused practice, TLDR Security, that will provide unparalleled cyber and physical security services to the global blockchain market. The team of experts includes veteran cyber FBI Special Agents Andre McGregor and Jason Truppi and Navy SEAL Chuck McGraw. With their respective, decades-long experience in cyber, operational, and personnel security, TLDR Security…

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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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CryptoBridge and the Future of Digital Asset Trading

Follow my blog with Bloglovin Most of trading and interest the worldwide groundswell of interest in digital currency over the past year has been funneled through major exchanges like Coinbase, Gemini, and Kraken. These centralized exchanges have brought billions of dollars of value to blockchain projects and digital currencies. The growth has been exponential — over 3400% in 2017 alone and there are hundreds of them starting up everywhere.     However, these centralized exchanges are subject to hacking and a host of other problems regarding security and user privacy.…

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Security and Hacking concerns for IoT Devices

In a recent interview with CNBC, Sen. Mark Warner voiced concerns regarding the security of devices connected to the internet, know as IoT.       “The challenge has been so far is the devices makers on the higher end are happy to help, but if somebody is selling a cheap appliance or a cheap sensor and it costs $10 or $15, they don’t want to spend the extra $0.15 or $1 to put in basic security,” Warner said to CNBC.      This is a real concern as Gartner…

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New IoT White Paper explains Hacking Vulnerability and Solutions

With the unhindered growth and acceptability of internet globally, the revolution and evolution of its successor, Internet of Things has been massive, slowly erasing the distinguishing line between real and virtual.     This thrilling piece of technology is maturing at an unparalleled rate, connecting innumerable diversified smart objects in an all-encompassing network.   The technological ecosystem can be imagined as a three-node cycle comprising of “people” that run the ecosystem, “internet” on which the ecosystem runs and “intelligent device” that support the ecosystem.     Unfortunately  “most good things…

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Binance sets Hacker Bounty at $250,000 USD

On 7 March 2018, users on the Binance cryptocurrency exchange noticed irregular behavior.     Binance was alerted and managed to reverse the transactions, however, it is vital they understand just how hackers could have sidestepped their security and also, the Binance Two-Factor authentication system.  See more Reddit comments here     In response to the hack, Binace issued the following statement”   “To ensure a safe crypto community, we can’t simply play defense. We need to actively prevent any instances of hacking before they occur, as well as follow through…

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Bitcoin in freefall after Binance hack

Bitcoin prices plunged today on speculation that major crypto exchange Binance has been hacked.     The exchange has denied being attacked but several users reported that their altcoin holdings were liquidated unexpectedly and without consent. There is speculation that Binance’s trading bot was at the heart of the issue, while others believe hackers may have orchestrated an attack on the Bitcoin exchange… Binance has halted trading and withdrawals. Full Story: – HACKED     Exchange hacks have plagued Bitcoin since inception, remember the Mt. Gox hack?   This constant…

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Amazon will soon be ringing your doorbell

  Amazon recently announced that is acquiring Ring, a startup that specializes in smart-camera-equipped doorbells for homes.     It is reported that Amazon will pay more than $1 Billion for Ring.   Ring’s doorbells are equipped with cameras and audio equipment, and they can easily work with voice-enabled smart-home devices to add to that experience and take it to the next level. You can chat with people at your front door remotely.   Amazon CEO Jeff Bezos hinted at acquisitions like this one in the company’s most recent earnings…

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132 Crypto Investors file lawsuit against CoinCheck after hack

  In a recent report by Japanese media outlet, Sankei, it was stated that 132 cryptocurrency investors filed a lawsuit again CoinCheck, the Tokyo based Bitcoin Exchange.       “Five customers and two corporations already filed a lawsuit seeking a refund of 12 virtual currencies themselves in the district court. The defense team tabled the payout of 13 kinds of currencies deposited by 132 persons, the payment of 100,000 yen each”   Japanese cryptocurrency exchange Coincheck announced on Friday, Jan. 26, that it is suspending all withdrawals after a Ripple payment…

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How Hackers Could Cause Global Chaos

Barrett Brown is a criminal connected to Anonymous, a group that hacked a private security firm to reveal secrets. He is now out and living in a halfway house in Dallas.     He had time while spending a year in a prison cell thinking about what he might do when he got out.   He says he is now ready to change, so next time he gets involved in hacking a corporation he is able to inflict maximum damage.   “Certainly, I haven’t gotten any less militant in the…

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