Security News

Hacker grabs $600m in cryptocash from blockchain company Poly Networks
2021-08-11 18:57

Early suggestions blamed a cryptographic flaw known as transaction malleability, but sceptics argued that this sort of treachery, even if successful, would be visible in the Bitcoin transaction record, also known as the blockchain. Online blockchain company Poly Networks, which describes itself as a company that was "Built to implement interoperability between multiple [block]chains in order to build the next generation internet infrastructure", has been hacked.

$13.7 million: Atlas VPN adds up the impact of the top 10 most successful blockchain scams
2021-07-07 19:04

A new report finds that fake investment scams have netted the most funds among all the types of active blockchain scams. CryptoMixer.com, a fake Bitcoin tumbler, is the biggest known active blockchain scam in terms of funds collected.

BlueBarricade achieves new performance levels for high-speed enterprise blockchain
2021-07-04 23:00

The blockchain accelerator - developed on IBM Blockchain Platform by Sweden-based software house BlueBarricade Blockchain & AI Technology AB - has achieved new performance levels in the global market for high-speed enterprise blockchain. Performance tests have been conducted with the support of HCL and IBM. "We are excited to bring forth our ground-breaking efforts that show a consistent result of 1,400 blockchain transactions per second on the BlueBarricade blockchain accelerator," says Mikael Bramstedt, innovator and founder of BlueBarricade Blockchain & AI Technology AB. Global demands on the high-speed enterprise blockchain market are growing.

Can blockchain and MPC technology protect the integrity of auctions?
2021-06-22 04:30

The blockchain ecosystem has established a strong use case for new auction solutions and the answer lies in strengthening the legitimacy of digital auctions. The integration of blockchain technology into the auction process offers a unique digital infrastructure for trading.

DPPA forms to build a decentralized blockchain-based data ecosystem
2021-05-05 23:00

More than 20 businesses worldwide have announced the creation of the Data Privacy Protocol Alliance, to build a decentralized blockchain-based data ecosystem that provides consumers control of their data and competes against the entrenched data monopolies. Ownership of our personal data is the cornerstone of a future where data privacy is inherent, and data monetization is available.

Blockchain may be the machinery of mischief, but it can't help telling the truth
2021-03-29 09:32

The non-fungible bit merely means it's not the same as other NFTs so can't be considered as their equivalent nor traded as such. There is a single nugget of magic in NFT: authenticity.

Illegal Content and the Blockchain
2021-03-17 11:10

Now the content-delivery network Akamai has reported on a new method: a botnet that uses the Bitcoin blockchain ledger. Blockchains are a type of "Distributed ledger": a record of all transactions since the beginning, and everyone using the blockchain needs to have access to - and reference - a copy of it.

Innodisk InnoBTS SSD integrates blockchain technology into a single storage device
2021-03-12 02:30

Innodisk's new-patented blockchain technology brings to its latest SSD solution "InnoBTS SSD" and alleviates these concerns through sophisticated use of digital signature and blockchain that is fully software independent. Innodisk announces its new solution combines blockchain technology to secure the valuable data in recent IoT scenarios, such as POS systems at unmanned stores, smart meters, digital ID cards.

India pauses blockchain-powered SMS spam-scrubber after it swallows people's one-time login codes
2021-03-10 02:24

India's Telecom Regulatory Authority has paused the rollout of a national SMS "Scrubbing" service and blamed business for the delay. The authority, aka TRAI, introduced the scrubbing service to curb text spam in India, where mobile phone users can expect a couple of unsolicited messages every day according to spam-blocking app Truecaller.

ISACA Blockchain Framework and Guidance: Helping enterprises adopt the emerging tech
2020-12-16 01:30

To help tech professionals get a stronger grasp on the important technology and how to leverage it within their own organizations, ISACA has released two new resources: Blockchain Framework and Guidance and Blockchain: An Executive View. Blockchain Framework and Guidance offers a comprehensive blockchain reference, including overview, history, information about types and their benefits and features, as well as use cases and a framework for enterprise adoption.