Crypto Miner Weekly – South Korea apprehends hackers who attacked more than 6000 mining rigs

  The Crypto Miner Weekly is dedicated to bringing you the latest developments in Crypto mining technology. Information that will guide you to the most effective methods and tools available to maximize the output of your crypto mining configuration and investment.   What’s Hot and What’s Not The cyber criminals that attacked the crypto mining operations of more than 6,000 mining rigs (PCs) have been apprehended. Six hackers, attempting to steal cryptocurrencies like Litecoin (LTC), Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) from unsuspecting crypto miners were arrested in South…

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Innovation in AI and its potential impact on various industries

  AI will make a significant impact on various industries such as automotive, gaming, and cybersecurity. The transformation of these sectors is on the horizon.      Technological innovations have taken place in every industry and implementation of artificial intelligence (AI) is on the forefront. The automotive sector is implementing AI for speech inputs and build a connected ecosystem. The gaming industry would also go under transformation with better balance and enhanced user experience. Moreover, detection of new cyber attacks will be possible along with countering them as human expertise…

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How Blockchain Can Impact on Social Media

  In 2014, Cambridge Analytica began collecting the data of more than 87 million Facebook users. Different political organizations and politicians used information from data breaches to influence voters’ opinions, including: Donald Trump and Ted Cruz, who used it in their 2015‒2016 campaign. The Institutional Revolutionary Party, which used it in 2018 for Mexico’s general elections. Pro-Brexit groups, which used it during the referendum to advance their own agendas in 2016.     Is this the first time something like this happened? Not even close. Facebook is notorious for allowing…

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Coinbase Unveils Coinbase Wallet and a Secure Decentralized Future

  The internet has the power to change the way we think, work, and play.  It also has the power to change the way we trade and manage our resources – hence the rise of cryptocurrency and the crypto wallet. But power can be easily corrupted, and these days your digital identity is almost as important as your real-life one. Which is why the whole Facebook/Cambridge Analytica scandal earlier this year sparked a flood of questions about how our digital identities are being abused.     There are some that…

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The Immutability of Blockchain: Buzzword or Breakthrough?

  There are a handful of buzzwords that exist in the blockchain space, but none are as frequently used, and as improperly understood, as immutability. As one report from Deloitte defines it, “Data once stored on the blockchain cannot be manipulated or changed — it is immutable.” Fundamentally, this is an accurate assertion. Information added on a blockchain contains a unique summary of the previous block, ensuring that transactions cannot be edited or deleted unless a consensus is reached by nodes in the network.   However, amid this statement, there…

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Five Trends In Internet Of Things To Watch Out For In 2018

  The year 2018 showed that the biggest advancement in technology is nothing but Internet of Things or IoT. The most attractive feature of IoT is remote accessibility. For instance, IoT helps unlock doors as well as cars, access security cameras of smart homes, and even control room temperature using smartphones. It is said that there are roughly 20 billion internet connected devices globally as of 2018. Thus, several experts believe that 2018 is “the year of IoT”. According to a research firm, Progressive Markets, the IoT market is expected…

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A Fresh Overview Of Cryptocurrency Wallets

  People who have already bought into cryptocurrency have had to learn how to use various types of exchanges and wallets. It’s one of the real learning curves associated with digital currency. Because this currency truly is digital and can’t actually be possessed in any physical form – or even, in fact, as a file – it is moved, traded, sold, and spent in ways that are in a sense entirely original. And again, if you happen to have cryptocurrency already or you have in the past, you probably understand…

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1 Year After SEC Issues ICO Warning: Former SEC Lawyer Says Compliance Will Soon Be Baked Into Business Models

  Today is the one-year anniversary of the SEC releasing a warning to consumers on investing in ICOs and revealing its investigation into the DAO – the first investigation into a blockchain organization of its kind. Zach Fallon, a former SEC lawyer, Principal at blockchain law firm Blakemore Fallon & Co-founder of Ketsal Consulting, reflects on how far the industry has come in the past year.     “There have been at least twenty instances of formal public commentary by the SEC, its Chairman, Commissioners, and staff on digital asset-related…

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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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