Security

UN Partners WIN to Fight Child Trafficking With Blockchain

1 week ago 7ring 0
The United Nations (UN) has partnered with the World Identity Network (WIN) to create a Blockchain-based digital identity system to help fight child trafficking around the world. The partners have already launched a pilot test of the system as of mid-November 2017. The partners announced the launching of the pilot program at the Humanitarian Blockchain Read More

Researchers claim they’ve hacked Apple’s FaceID technology in a week

1 week ago 7ring 0
For everyone that’s just purchased an iPhone X, here’s a bit of potentially bad news. FaceID, the face-scanning technology used in the phone to detect your face and unlock the device, is apparently not as secure as Apple has claimed. (It’s previously said that there’s a roughly a one-in-1 million chance of a random person Read More

First Ever Blockchain Protected Virtual Land Auction

2 weeks ago 7ring 0
The Virtual Reality world has been heating up with more and more users coming online, as headsets and platforms continue to gain acceptance. This market space has also given rise to a new and interesting asset – Virtual Real Estate. As early as 2003 companies like Linden Labs (developers of Second Life) were already monetizing Read More

Behind the White House’s push to get a controversial DHS nominee into office

2 weeks ago 7ring Comments Off on Behind the White House’s push to get a controversial DHS nominee into office
Kirstjen Nielsen, the White House nominee to head the Department of Homeland Security, which handles everything from airport screening to hurricane relief, will tell the Senate today (Nov. 8) why she’s qualified for the job. She’s had some strong backing. In recent weeks, lobbyists for companies that sometimes get business from the department have been Read More

Cryptocurrency Mining Malware Targets Australians via SMS

3 weeks ago 7ring Comments Off on Cryptocurrency Mining Malware Targets Australians via SMS
Security Australians have increasingly become the target of an SMS-based bitcoin mining scam. The scam entices users with fictional free bitcoins that supposedly can be located at two shortened URLs; however, if visited, the USR will hijack that user’s computing power for the purpose of mining cryptocurrency on behalf of the scammers. Also Read: Samsung Builds Read More

Phone Data of ‘Almost Every Malaysian’ Goes On Sale For 1 Bitcoin

3 weeks ago 7ring Comments Off on Phone Data of ‘Almost Every Malaysian’ Goes On Sale For 1 Bitcoin
A fresh major security hack has seen the phone records of “almost every Malaysian” go on sale for just one Bitcoin. In what Reuters describes as “one of the largest data breaches in Asia,” hackers gained access to 46 mln customer identity details. These include “lists of mobile phone numbers, identification card numbers, home addresses Read More

Satoshi Labs Launches New Bitcoin Hardware Wallet ‘Model T’

3 weeks ago 7ring Comments Off on Satoshi Labs Launches New Bitcoin Hardware Wallet ‘Model T’
Wallets This week, Czech Republic-based Satoshi Labs, launched the pre-order batch of the startup’s Trezor 2 hardware wallet called the “model T.” Satoshi Labs says even though the new Model T is an entirely new device it safely secures digital asset keys just like the prior version. Also Read: Major Chinese Exchanges Launch P2P Trading Platforms Read More

Cryptoshuffler Proves Bitcoin Owners Susceptible to Malware, Steals $150,000

3 weeks ago 7ring Comments Off on Cryptoshuffler Proves Bitcoin Owners Susceptible to Malware, Steals $150,000
With the price of cryptocurrencies shooting up, the incidence of sophisticated malware and trojans has increased. The latest trojan, Cryptoshuffler, has managed to steal Bitcoins worth $150,000 so far. Simple modus operandi The modus operandi of CryptoShuffler is very simple – It strikes when a user copies a Bitcoin address onto the clipboard, presumably to Read More