Category: Technology

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MIT Research Says Online Voting Needs More Decentralization to Protect Ballots

New research from MIT says a decentralized protocol is a must for secure online voting, however the current online voting platform is too centralized and vulnerable. The pandemic has forced many companies to move their operations online. It has also brought the question of online voting to the forefront of conversation in the United States,…
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Bison Trails Adds Support for NEAR Blockchain Protocol

Libra association member Bison Trails aims to offer users the opportunity to participate in the NEAR network. Blockchain infrastructure-as-a-service company Bison Trails has announced support for NEAR, which is designed to power Open Finance and the Open Web. According to the announcement, NEAR’s smart contract platform is focused on strengthening accessibility and usability to support…
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Baseline Integrates Microsoft and Google Spreadsheets Using Ethereum Mainnet

The Baseline protocol has released integrations for Google Sheets and Microsoft 365, allowing multiple entities to privately verify that their databases share the same records. The Baseline Protocol has launched integrations for Google Sheets and Microsoft Dynamics 365. The new function allows for the maintenance of verifiably consistent records using a spreadsheet in conjunction with…
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Ransomware Gang Strikes Again with More Auctions Listing Stolen Data

Two US-based law firms are the latest victims of the REvil malware group, which is auctioning off their sensitive data. Ransomware group REvil has started another auction on the dark web listing sensitive data stolen from two US-based law firms. The listing appeared June 6 through REvil’s official blog on the darknet, where bidders look…
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Former KFC Employee Built a Crypto Drug Empire, Lost It All Today

The Leicester Crown Court confiscated over $2.29 million from an online drug kingpin who ran a darknet store from the attic of his home. The Leicester Crown Court ordered the seizure of over £1.8 million ($2.29 million) on June 8 from a UK individual who operated a multi-billion crypto drug empire from the attic of…
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Law Enforcement Is Starting to Make Criminals Doubt the Dark Web

Trend Micro reveals dwindling confidence among darknet users in marketplaces due to security concerns. A new study revealed that dark web marketplace users are starting to lose trust due to authorities’ crackdowns and “current volatility” within the landscape, which results in instability for the darknet sites to establish a fixed presence. According to cybersecurity company Trend…
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NFT Marketplace Opens Korea’s Multi-Billion Gaming Industry to Crypto

A Korean blockchain game company has launched a native NFT marketplace for Korea’s multi-billion dollar game sector. Korean Blockchain gaming company PlayDapp has launched a marketplace for non-fungible tokens (NFTs), offering Korea’s multi-billion gaming industry a native gateway into digital assets. Announced on June 8, the new platform, ‘PlayDapp MarketPLAce,’ advertises itself as providing free…
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Report: Ransom Costs for Stolen Data Rose 200% From 2018 to 2019

On average, ransoms demanded by cryptocurrency ransomware hackers increased by 200% from 2018 to 2019. On average, the ransom demanded by cryptocurrency ransomware hackers increased by 200% from 2018 to 2019. According to a report published on June 5 by cybersecurity firm Crypsis Group, the average ransom demanded by cryptocurrency ransomware groups in 2019 reached…
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Celo Will Be ‘PayPal on Speed’ With Its Own Currencies, Says Blockdaemon CEO

The CEO of Celo alliance member Blockdaemon believes that the Celo ecosystem will soon comprise “PayPal on speed with its own native currencies.” Since launching its Alliance for Prosperity earlier this year, open payment platform Celo has quickly emerged as an apparent rival to Facebook’s Libra stablecoin project. Cointelegraph spoke to Konstantin Richter, the CEO…
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Ransomware Attack Exposes 1.5TB of Stolen Aerospace Data

Ransomware gang Maze reportedly stole sensitive data from the US branch of an integrated engineering group that works with various governments. ST Engineering Aerospace’s US subsidiary suffered a ransomware attack that managed to extract about 1.5TB of sensitive data from the firm and its partners. According to an article published by The Straits Times on…
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