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Synthetix Resumes Trading Following Misplacement Of 37 Million Synthetic Ether
After an oracle error resulted in a trading bot receiving profits of 1,000 times their actual worth, an agreement between the bot's owner and Synthetix saw the exchange platform get back 37 million synthetic Ether while the bot owner received a bug bounty. дальше »
2019-6-25 19:29 | |
BNC Research: DAOs are disrupting the governance & wealth distribution model of the corporation
This report looks at the future constraints for the shareholder model in its current form, and why decentralized autonomous organizations (DAOs) will be superior to today’s corporate firm structure. For investors, DAOs will eventually become a less risky investment class compared to shares in a regular company, offering more predictable ROI and better passive returns than most stock dividends - while also minimizing two of the greatest risks in corporate operations - human error and executive self-interest. дальше »
2019-6-25 05:00 | |
XRP TipBot comes back online after a tiny downtime; Nothing to be worried about, says Wietse Wind
XRP TipBot’s website and the corresponding application suffered a downtime on June 23, 2019 for a few hours, during which the application wasn’t showing the balance of users. The website and the API for TipBot instead, displayed a “500 Internal Error. дальше »
2019-6-25 00:30 | |
Verizon User Loses Coinbase Funds Following SIM Hijack
There are numerous ways for cryptocurrency enthusiasts and speculators to lose their funds. In a lot of cases, this is due to an error on their part. However, there are external circumstances which often go beyond the user’s control. дальше »
2019-6-21 21:00 | |
Sidechains vs Plasma vs Sharding
Special thanks to Jinglan Wang for review and feedback One question that often comes up is: how exactly is sharding different from sidechains or Plasma? All three architectures seem to involve a hub-and-spoke architecture with a central “main chain” that serves as the consensus backbone of the system, and a set of “child” chains containing actual user-level transactions. дальше »
2019-6-14 04:03 | |
Singapore’s iSTOX Security Token Platform Will Join Central Bank’s FinTech Regulation Sandbox
iSTOX is Capital market security token platform, and it has recently been added to to the financial technology sandbox for regulations. A sandbox refers to a testing environment that promotes trial and error along with experimentation. дальше »
2019-5-24 20:18 | |
LocalBitcoins Denies Service to Iranian Users
The popular peer-to-peer bitcoin trading network LocalBitcoins has shut down all trading operations for Iranian users. LocalBitcoins’ website offers a variety of pages for users of different nations and, as of May 24, 2019, the Iranian page displays a message that “LocalBitcoins is currently not available in your selected region,” in English only. дальше »
2019-5-25 20:14 | |
This tiny flashing kit can break your bad online security habits
The number of cyber attacks is estimated to have risen by 67% over the last five years, with the majority of these data breaches being traced back to human error. The potential risks of such attacks are vast and can have a serious impact on both organizations and individuals. дальше »
2019-5-24 18:53 | |
Bitcoin Price ‘Flash Crashes’ To $6.1K – Here’s The Likely Reason Why
A 5,000 BTC dump on Bitstamp likely caused the bitcoin price flash crash that occurred during the early hours (UTC) of Friday (May 17, 2019). Bitcoin plunged to as low as $6,100 on the exchange but has since recovered over $7,000 over the past few hours. дальше »
2019-5-17 10:01 | |
An Embarrassing Typo on 400 Million $50 Australian Currency Notes Went Unnoticed for Six Months
By CCN: The Reserve Bank of Australia (RBA) made a serious spelling mistake that was printed on approximately 400 million $50 currency notes, of which 46 million are in circulation, adding up to roughly $1. дальше »
2019-5-13 09:30 | |
Dems Pursue Another Nothing Burger as Battle With AG Barr Escalates
By CCN: Following the release of the Mueller report and the upheaval surrounding Attorney General William Barr’s posturing in its immediate aftermath, Capitol Hill is set to witness yet another unforced error by the DNC. дальше »
2019-5-8 20:00 | |
Bitcoin Core 0.18.0 Release: Here’s What’s New
Today, May 2, 2019, marks the official release of Bitcoin Core 0. 18. 0, the 18th generation of Bitcoin’s original software client launched by Satoshi Nakomoto almost 10 years ago, and still the dominant Bitcoin implementation on the network today. дальше »
2019-5-3 16:02 | |
Bitcoin History Part 11: The First Major Loss of Coins
Since the very start, people have lost bitcoins due to human error. Mislaid wallets, forgotten passwords, broken hard drives, hacks, and scams have conspired to remove over 20% of all BTC from circulation by some estimates. дальше »
2019-4-30 01:10 | |
While TRON Claims Partnership with Liverpool Football Club, Everything May Not Be as It Appears
Justin Sun is known for his work as the CEO of TRON, which has had a relatively good reputation until recently. Sun got into hot water with his Twitter followers when sweepstakes temporarily fell through as he promised a lucky winner a Tesla. дальше »
2019-4-25 17:16 | |
TNW and Randstad launch HR Tech program to boost innovation at work
No matter what industry you work in, no matter what the size of your company, few things are more important than finding and retaining the best available talent. After all, finding new employees can prove quite expensive, while hanging on to your best workers will give your company the foundation it needs for lasting success. дальше »
2019-4-11 15:03 | |
Op Ed: Why Bitcoin’s “Toxic” Maximalism Makes Sense
Over the years, Bitcoin has gained a reputation for having a “toxic” community of users around it. This accusation is mostly thrown at Bitcoin by proponents of altcoins and those who have supported various Bitcoin hard fork attempts in the past. дальше »
2019-4-5 16:23 | |
How Human Error Can Cost More Than Money
Coinspeaker How Human Error Can Cost More Than MoneyAdam Efrima, co-founder of Blox.io, takes a look at the importance of process automation explaining how a single human mistake can dramatically hurt (if not destroy) your business.How Human Error Can Cost More Than Money дальше »
2019-4-2 10:48 | |
Santander: Sorry, it’s xCurrent, not XRP and xRapid, for One Pay FX
More banks are steering clear from xRapid and XRP and instead prefer xCurrent until when there is regulatory clarity—according to Ramessa Online. Santander is the latest to correct a PR error clarifying that they use xCurrent and not xRapid. дальше »
2019-3-25 17:43 | |
Shock Court Ruling Holds Crypto Exchange Liable in Singapore’s First Bitcoin Trial
A court has ordered the unhappy operator of crypto exchange Quoine to follow through with a glitched computer transaction that allowed a crypto market liquidity provider to swap ether for bitcoin at a rate of 10 bitcoin to every ether at a time when 1 ETH was worth . дальше »
2019-3-14 13:20 | |
Next Generation ‘Hardware 2.0 Wallet’ is Eradicating Storage to Improve Security
Next Generation ‘Hardware 2. 0 Wallet’ is Eradicating Storage to Improve Security From initial coin offerings to cryptojackers, security is a big issue when it comes to cryptocurrency. дальше »
2019-3-14 21:50 | |
Samsung Galaxy S10 Wallet Supports Ether, CryptoKitties — But Not Bitcoin
When leaked pictures of Samsung’s latest smartphone went viral, the crypto sphere lost its mind over a singular feature: a built-in cryptocurrency wallet. Samsung would quickly deny rumors that the S10 contained a baked-in hardware wallet. дальше »
2019-3-13 22:31 | |
Constantinople Hard Fork Offers Ray of Hope Parity’s Frozen Millions
Parity Technologies “lost” access to 500,000 ether in a high-profile coding error in November 2017 and has been appealing to Ethereum developers for a software change to bail them out. The successful implementation last month of the Constantinople hard fork has offered Parity Technologies a strong case to begin a process that could see themRead MoreRead More. дальше »
2019-3-6 00:00 | |
How To Recover: The World’s First All-Inclusive Cryptocurrency Recovery Service
Every cryptocurrency user is exposed to a whole host of risks; most notably including the risk of loss of his or her funds. Such cryptocurrency loss may be associated with malice, as is true in the case of theft or hacks, or — as often is the case — an error on behalf of the user. дальше »
2019-3-4 17:51 | |
Coinomi Addresses Spellcheck Vulnerability, Accuses Victim of Bitcoin Extortion
CCN earlier reported that Coinomi wallet had a confirmed bug that allowed Google to view the details of a user’s seed phrase. The seed phrase generates a wallet. Coinomi uses a 24-word phrase. It enables a user to regenerate their wallet on any platform, and maintain a simultaneous wallet on their phone and on their desktop. дальше »
2019-2-28 10:48 | |
Binance CEO Finds Error In BitTorrent (BTT) Token Airdrop But Affirms Are Users’ Funds Are Safe
Binance is the largest crypto exchange in the world. The success story of the company is pretty incredible, especially when you consider that there are no heavy names from the traditional financial industry behind Binance. дальше »
2019-2-20 14:54 | |
Op Ed: Why It’s Unsafe to Store Private Crypto Keys in the Cloud
There are two primary reasons why storing your private crypto keys in the cloud is a bad idea. First, your cloud provider represents a centralized honeypot that could experience a security breach, allowing cyber criminals to access your data. дальше »
2019-2-19 00:19 | |
SWIFT Believes Its GPI Payment Tracker is Outperforming Ripple’s Blockchain
SWIFT, a global network for cross-border payments is confident that its global payments innovation (GPI) system is outperforming Ripple. According to SWIFT, GPI allows banks to monitor and track payments. дальше »
2019-2-14 21:36 | |
BitMEX Explains Reason for Recent Malfunction on the Trading Platform of API Timeouts
A trading platform for cryptocurrency derivatives, BitMEX, has announced the reason for the recent malfunctions noticed by users using its services. A report published on its official blog explained that the error was caused by slow API responses which eventually led to API Timeouts. дальше »
2019-2-9 22:31 | |
Indian Public Sector Bank Leaks Millions of Customers’ Data, Merit of Bitcoin
A human error led to the leak of millions of customers’ data at an Indian public sector bank, raising questions on the merit of Bitcoin over banks. State Bank of India, a government-owned corporation, forgot to secure essential server information that held customers’ messages, bank balances, transaction details, and other related details. дальше »
2019-1-31 18:31 | |
Biased algorithms: here’s a more radical approach to creating fairness
Our lives are increasingly affected by algorithms. People may be denied loans, jobs, insurance policies, or even parole on the basis of risk scores that they produce. Yet algorithms are notoriously prone to biases. дальше »
2019-1-29 15:08 | |
S. Korean Exchange Accidentally Sends $5 Million Worth of Bitcoin (BTC) In Error During Airdrop
An airdrop mishap worth $5 Million in Bitcoin (BTC) and other cryptocurrencies was sent to customers of the South Korean exchange of CoinZest. The exchange was meant to send an airdrop of We Game Tokens (WGT) but a computer error resulted in users not only getting BTC and other cryptocurrencies, but deposits in the fiat […] The post S. дальше »
2019-1-22 16:46 | |
Cryptocurrency exchange botches airdrop, gives $5.3M to its users
Every week we seem to read another new story about yet another cryptocurrency exchange hack or scam in which users’ funds are stolen. But this week, a South Korean exchange has flipped the narrative on its head. дальше »
2019-1-22 13:56 | |
Airdrop Mishap Causes Korean Exchange to Accidentally Send BTC to Customers
A South Korean crypto exchange mistakenly sent its customers BTC and other cryptocurrencies due to an error during an airdrop. Some users immediately sold the coins, causing the prices of a number of cryptocurrencies on the exchange to sharply fall. дальше »
2019-1-22 12:50 | |
Airdrop Causes Exchange to Accidentally Send BTC to Customers
A South Korean crypto exchange mistakenly sent its customers BTC and other cryptocurrencies due to an error during an airdrop. Some users immediately sold the coins, causing the prices of a number of cryptocurrencies on the exchange to sharply fall. дальше »
2019-1-22 12:50 | |
Ethereum Constantinople Delayed Until February 27th (Last Date of VanEck Bitcoin ETF Verdict)
Ethereum Constantinople Delayed To Late-February Earlier this week, Ethereum World News reported that Ethereum’s long-planned Constantinople blockchain upgrade fell upon hard times, with developers drawing attention to an error in the protocol’s code, which would purportedly allow malicious attackers to drain ETH from smart contracts. дальше »
2019-1-18 22:02 | |
BitPay Transactions Surpassed $1 Billion in 2018
According to a press release (Jan. 16, 2018), BitPay saw increased growth in 2018 including a 78 percent increase in workforce and a 7 percent decrease in funds lost to error. Success Story BitPay apparently had a very fruitful 2018 despite the bitcoin price slump in the later part of the year. дальше »
2019-1-19 21:00 | |
BitPay Sets New Company Records, in Spite of Crypto Bear Markets
Blockchain payment platform BitPay has announced that 2018 has been their most profitable year, having “processed over a $1 Billion again in payments and set a new record for transaction fee revenue. дальше »
2019-1-18 22:47 | |
Why Ohio’s State Treasurer Backs Decision to Accept BTC For Tax Payments
As tax season is rapidly approaching, some states, like Ohio, have decided to set a new standard for the rest of the country to follow. Back in November, Ohio became the first state in the U. дальше »
2019-1-3 20:53 | |
3 ways AI will improve healthcare in 2019
In a recent piece, I explained why AI’s complexity shouldn’t be a deterrent for its adoption. In fact, I went as far as stating that artificial intelligence will be just as disruptive as the internet was. дальше »
2018-12-23 22:00 | |
South Korean bank wants to use blockchain to reduce human error
South Korea’s second largest bank is in the middle of rolling out a blockchain-based system designed to reduce human error. Shinhan Bank is using the blockchain for Interest Rate Swap (IRS) transactions. дальше »
2018-12-10 14:38 | |
Brazilian Bitcoin Exchange Sends User $35M in Bug-Induced Error
Accidental millionaire Kaique Nunes has a bug to thank after his withdrawal request of 500 reals ($128) erroneously returned a cool 137 million reals ($35. 13 million) from Brazilian bitcoin exchange Bitcambio. дальше »
2018-12-8 08:11 | |
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 | |
Some Google Pixel 3 owners can’t use the camera due to a critical bug
Issues with the Google Pixel 3 are piling up after customers got hands on it nearly a month ago. Now, some device owners find they can’t use the camera due to a disastrous bug. Many users have reported this bug on Reddit and Google product forums. дальше »
2018-11-20 09:24 | |
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 | |