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Amazon Web Services outage forces major cryptocurrency exchanges offline

Two major South Korean cryptocurrency exchanges have been forced offline, after critical Amazon Web Services (AWS) servers suffered nationwide failure Thursday morning. AWS, one of the world’s widely used cloud services, was hit with major internal server failures that brought popular digital asset exchanges, Upbit and Coinone, to a screeching halt. дальше »

2018-11-22 14:31


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2FA codes are great for security, except when 26M of them are leaked

Just when you thought two-factor authentication was enough to secure your online accounts, a troubling discovery shows how this system can be comprised, thanks to human error. TechCrunch reports that a database of text messages containing more than 26 million 2FA codes, password reset links, and delivery tracking details was left out in the open … This story continues at The Next Web дальше »

2018-11-16 13:22


Tom Lee Mocks Central Banks: “Do you like SWIFT because it’s backwards-compatible to the abacus?”

There is no doubt about the potential of Distributed Ledger Technologies to surpass the traditional methods of accounting and payment processing. The possibility of reducing human error to a minimum expression makes these technologies extremely attractive for businesses inside the world of finances. дальше »

2018-10-4 04:09


STARKs, Part I: Proofs with Polynomials

Special thanks to Eli Ben-Sasson for ongoing help, explanations and review, coming up with some of the examples used in this post, and most crucially of all inventing a lot of this stuff; thanks to Hsiao-wei Wang for reviewing Hopefully many people by now have heard of ZK-SNARKs, the general-purpose succinct zero knowledge proof technology that can be used for all sorts of usecases ranging from verifiable computation to privacy-preserving cryptocurrency. дальше »

2018-7-21 23:03


Exchange Integration Error Was True Cause of Tether Code ‘Flaw’

According the latest statements from both blockchain security firm Slow Mist and Tether, the issue is actually down to an exchange integration flaw. On Thursday, Slow Mist claimed in a WeChat post that when an exchange is conducting a transaction with USDT, the exchange needs to verify that the transactions details are “true. ” If this is not дальше »

2018-6-29 20:53