Parity Technologies Admits It Knew About Code Flaw, Did Nothing

Blockchain, Crime, FinTech, Investing, News | November 15, 2017 By:

Parity Technologies issued something of a post-mortem today on the massive hack to its digital wallet, which has locked up about $156 million in ether funds that may be permanently lost, making it potentially the biggest hack in digital currency’s short history.

The company’s blog post on the issue does not indicate a solution is at hand on fixing the damage,


Anguilla Creates Register For New Utility Token Projects

Blockchain, Crime, FinTech, News, Regulation | November 14, 2017 By:

UK territory Anguilla has passed a new law that will set up a registration process for digital token offerings. The Utility Token Offering Act (called AUTO Act) permits specified Anguillian entities to apply to be registered to conduct a utility token offering to “standardize registration and disclosure protocol for blockchain projects,”


Parity Technologies Hack Update: $156.4M Frozen, No Solution In Sight

Blockchain, Crime, FinTech, Investing, News | November 11, 2017 By:

Parity Technologies has updated news on its frozen wallets, claiming 587 wallets containing 513,774.16 ether have been blocked, a total worth $156,433,956.24 based on Saturday’s single-coin pricing.

The company has been reaching out to owners of the affected wallets, but, as yet, has not found a solution to unblocking the wallets and freeing the frozen funds.


Valhalla, Blockchain Human Extraction Program in Times of Disaster, Plans ICO

Blockchain, Crime, ICO News, News, Uncategorized | November 9, 2017 By:

Valhalla bills itself as a blockchain-based Human Disaster Recovery company. It plans to leverage cryptocurrency and privacy technologies with operations experience to enable people to survive major traumatic events and thrive.

This year has already seen significant natural disasters in the US, including flooding in Houston and hurricane disaster in Puerto Rico.


Kaspersky Lab: Malware Stole $140,000 in Bitcoin

Announcements, Crime, News | November 8, 2017 By:

International software security group Kaspersky Lab recently discovered a new malware called CryptoShuffler Trojan. The new malware steals cryptocurrencies from a user’s wallet by replacing their address with its own in the device’s clipboard.

Kaspersky said CryptoShuffler Trojan enters computers disguised as a harmless pieces of software downloaded from the Internet.