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…

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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 release.…

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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 worth…

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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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2018 Election will be Extremely Vulnerable to Hacking

It was all doom and gloom New York Times Magazine report this week as a host of computer security experts argued that voting machine hacking is a disaster in waiting.     The report cited over-confidence of manufacturers and voting authorities, which they said, masks deep vulnerabilities — a combination of user error, poorly designed systems and the fact that no system, however, vetted, is necessarily safe from competent intruders.   Recently. the Associated Press reported that hackers, possibly  Russia, unsuccessfully attempted to access the election-related computer systems of 21…

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How to Install your Embedded Vault

Cryptocurrency during the past year has soared to new highs coupled with the need to protect them. Embedded Vault can do just that. Embedded Vault is the world’s most secure cryptocurrency software wallet that can turn your PC into a secure hardware wallet.   Current Requirements for Embedded Vault: Android Smartphone with Fingerprint scanner and Bluetooth Windows PC with Bluetooth       Embedded Vault currently supports popular cryptocurrencies such as Bitcoin, EOT Coin, EOT Token, Waves and also provides an exchange between EOT tokens to EOT coins.   The…

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Dubai Embraces Cryptocurrency and Blockchain Technology

In 2016, Dubai government drew a line in the sand when they delivered their Blockchain Strategy which will make Dubai the first blockchain powered government asserting themselves as a global technology leader.       “Adopting Blockchain technology Dubai stands to unlock 5.5 billion dirham in savings annually in document processing alone — equal to the one Burj Khalifa’s worth of value every year.”   The commitment is to have all government document processing on the blockchain by 2020.   Towards the end of 2017, Dubai signed a deal to…

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