By CCN Markets: Imagine you sent $ 100,000 worth of Bitcoin Cash (BCH) somewhere. Then you opened up Bitcoin SV (BSV) and accidentally sent another $ 100,000 SV to that same address. Then you find it is locked up. That’s alright. You know the holder – an exchange. Surely an exchange won’t just hijack that amount of funds? All of the above is very close to what happened, according to a source writing to CCN and elsewhere. The exchange in question is not a Russian backwater operation or something you’ve never heard of – it is Bittrex. A $ 100,000 Crypto Mistake Here’s
New Zealand Police says the investigation into the hack of crypto exchange Cryptopia is complex and it’s keeping an “open mind” on all possibilities.
As part of efforts to consolidate the government’s Hierarchical Medical system policy, Taipei Medical University Hospital has introduced a blockchain-driven platform for the advancement of medical record-keeping. The Healthcare Blockchain Platform will be used to improve patient referral services and integrates individual healthcare networks for people to access their medical records with relative ease, according to
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If you’d asked any cybersecurity professional around this time last year what the greatest threat to cybersecurity was, they’d have undoubtedly said ransomware. Now worth over a billion dollars a year (and rising), with attacks like WannaCry and Petya/NotPetya wreaking havoc, every expert worth their salt was planning ways to stay ahead of the hackers.
But you know what? Things move pretty quickly in the cybercrime space. Hackers are inventive, ingenious and destructive, always coming up with new ways of pushing boundaries. Ransomware was so last year. While no one will deny it’s still a (massive) problem, other types of cybercrime are beginning to spread like the bubonic plague.
Jeff Garzik first tuned the world into his latest venture in the fall of 2017. The Bloq co-founder unveiled Metronome (MET), a cryptocurrency he founded alongside Matthew Roszak, at the Las Vegas Money 20/20 conference in late October, and the project caught the attention of Bloomberg and Fortune at the time.
What makes Metronome interesting is that it promises its users cross-chain portability. It also purports to offer a consistent rate of inflation and “no undue influence from founders after launch.” These three promises — Metronome’s mantra of self-governance, reliability and portability — set lofty expectations for the new company; anyone acquainted with Bitcoin and blockchain technology is likely to watch and see if it can deliver.
Due to complaints received, the Ontario Securities Commission in Canada is in the process of investigating crypto exchanges in a bid to ensure that they are adhering to the country’s securities laws.
The amount of different digital currencies available to trade has increased exponentially since Bitcoin was developed in 2009. In fact, the latter went from being the dominant crypto to being responsible for less than 50% of the total market cap.
This variety of virtual currencies, and their drastic price increases in 2017, has opened up the market to anyone who can afford to invest, novice or not.
With diminishing returns, increased demand, and pre-sales muscling out public sales, profiting from ICOs in 2018 is a tall order. Just to add to investors’ woes, the percentage of tokens allocated for public sale is also on the decline. On average, ICOs now keep more of the pie to themselves and dole out increasingly slender pieces to the public.