Block Network

June 19, 2020

Ransomware Gang Auctions Off US Healthcare Data for Bitcoin

NetWalker continued to launch ransomware attacks to the healthcare sector during the COVID-19 pandemic. Crozer-Keystone Health System recently suffered a ransomware attack by the NetWalker ransomware gang. The gang is now auctioning the system’s stolen data through its darknet website. If it is not purchased at auction within six days, the gang has vowed to […]

Now We Know What Satoshi Nakamoto Looks Like

New film asks: What if the NSA kidnapped and tortured Satoshi Nakamoto, believing him to represent a grave danger to national security? Satoshi Nakamoto, the world’s most wanted terrorist, was kidnapped and tortured by the NSA.Crypto native productionAt least that’s the plot of an indie film from the U.K. titled “Decrypted”. In an interview with […]

Austrian Gov’t Pilot Aims to Secure COVID-19 Communications With Blockchain Tech

A-Trust’s QualiSig project has received 60,000 euros of Austrian government funding to provide secure crisis communications between authorities and citizens. The Austrian government has backed a new blockchain-based research project, aiming to provide secure communication channels between authorities, institutions and citizens in times of crisis.As announced June 18, the QualiSig project, launched by Austrian comms […]

Bitcoin Hodlers Bought BTC 90% of 2020 as Halving Spawns New Whales

Whale numbers have gone up 2% since the halving, while hodlers have added 233,000 BTC to their positions since the year began. Bitcoin (BTC) investors are treating 2020 as a major accumulation opportunity, the latest data shows.Statistics from on-chain monitoring resource Glassnode reveal that June’s BTC price action is even creating more new whales.Bitcoin whales […]

Setting It Straight: Estonia’s Crypto Crackdown Weeds Out Bad AML/KYC

A crypto crackdown in Estonia sparks debate on how to create crypto-centric Anti-Money Laundering and Know Your Customer policies. At the height of the unprecedented crypto boom of 2017, Estonia emerged as the digital trailblazer of the European Union, issuing hundreds of licenses to crypto companies. The country’s regulators moved to authorize the issuance of […]

French Fintech Firm Announces $78.5M Paris Real Estate Tokenization Deal

French financial technology firm ID Distribution announced a joint venture with local real estate firm Groupe JRI, amining to tokenize Paris properties. French fintech firm ID Distribution announced a joint venture with local real estate firm Groupe JRI, amining to tokenize various properties in Paris.According to a June 17 announcement, ID Distribution and Groupe JRI […]

Delta Exchange Launches Options Trading for Binance Coin and Link

Crypto derivatives trading platform Delta Exchange has today launched options trading for two major altcoins, BNB and LINK. Cryptocurrency derivatives trading platform Delta Exchange has today launched options trading for two major altcoins, Binance Coin (BNB) and Chainlink’s LINK.In an announcement on June 19, the exchange indicated it would be following the launch of its […]

New Report Aims to Answer Whether Tron Is a ‘Scam’

A new report from Flipside Crypto examined the Tron ecosystem with the goal of determining whether the project is a scam. The latest report from Flipside Crypto takes a deep look into Tron (TRX) with the hope of answering a question many critics in the cryptocurrency space have posed: “Is Tron a scam?”.Dubious pastThe report […]

Developer Successfully Hacks Bitcoin Wallet to Win a Contest

A Bitcoin developer managed to crack a BTC wallet as part of a contest launched through Twitter. Bitcoin and Lightning Network project developer, John Cantrell, explained how he was able to successfully hack a BTC address by checking around a trillion seed combinations over the course of 30 hours. The feat was accomplished as part […]

Blockchain Security: Preventing Fraud on Distributed Ledger Technology

The emerging distributed ledger technology industry has been threatened by various illicit activities. Here are some strategies you should know about to protect yourself. In August 2010, a bug in the Bitcoin network that allowed large transactions to be added to the ledger without proper verification was identified by a hacker. The hacker generated and […]