The ongoing wave of hacks and attacks affects the operation of many companies in the cryptocurrency field. One of the biggest hardware wallet manufacturers Ledger has recently suffered a hack that led to losing about a million emails as well as other customer information.
Blockchain has been a buzzword for a while now. However, only techies are able to actually understand what it means and realize all the potential of this technology. For common folks, it is just another “scary” word they hear every now and then without the slightest idea of its meaning. But what does it actually mean?
Cryptocurrency exchanges actively apply KYC regulations to pressure darknet entrepreneurs. Despite the reduction of cryptocurrency transactions on the darknet, criminals are still active in their shadow industry.
A hacker identified as Sanix is reported to have been arrested and detained by Ukrainian law enforcement over the sale of a database that contained at least 773 million email addresses and 21 million unique passwords.
The unmatched characteristics of distributed ledger technologies have led to great interest in blockchain implementations, born in the world of virtual transactions such as cryptocurrencies, among Italian technology experts in the field of data protection, to address some instances of e-democracy, in the now consolidated context of digital citizenship.
Despite hacking scandals and high volatility, Africans continue to use cryptocurrencies for speculative, investment, and savings purposes. This highly perceptive continent of technological innovations has become a new El Dorado for digital currencies, which store transactions in a public and ultra-secure database called blockchain.
A lot of people think that blockchain technology is only about Bitcoin (BTC) – which is identified as an encrypted transaction database greatly associated with the utilization of cryptos and is still evolving on a significant scope. Every ‘block of the chain’ has data which is verified and isn’t possible to manipulate or modify without being tracked in real-time, by anybody that has access to it. Distributed ledger technology (DLT) is compared to a communication protocol which will largely cause a revolution in several sectors, like how the internet has changed everything since the mid-90s.
Over the last year, cases of blockchain adoption in the life science sector nearly tripled. A survey shows that a lot of companies involved in the life science sector are currently using or have started to experiment with the fintech.
The sixth-largest state in India, Andhra Pradesh (AP), signed an agreement with a private firm on March 28, aimed at creating a DNA database of 50 million citizens. Blockchain tech will be used as the main software program for the register.