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Tag Archives: Security

An End to End Solution for Security Token Offerings

This is a sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. Companies around the world have almost always relied on traditional methods of fundraising, including venture capital and initial public offerings. The past few years has been rather disruptive in comparison, with initial coin offerings ...

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McAfee’s Unhackable Bitfi Wallet Hacked Again, Security Researchers Await Bounty

On the home page of hardware wallet Bitfi’s website, it is hard to miss these words attributed to the company’s chairman, John McAfee: “The world’s first un-hackable storage for cryptocurrency & digital assets.” But for the umpteenth time, the security of the hardware wallet has been severely compromised. In the most recent incident according to Hard Fork, security researchers at ...

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China’s IT Ministry Makes Blockchain, Data Security Focus of One of Its Key Labs for 2018

China’s Ministry of Industry and Information Technology (MIIT) has included a blockchain-dedicated laboratory on the list of its key labs for 2018, published August 13. According to the ministry’s post, the lab will be dedicated to harnessing blockchain for the data security industry and IT, and will be overseen by the National Industrial Information Security Development Research Center. Earlier this ...

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Accenture Hardware Patent Seeks to Enhance Blockchain Security and Scalability

Professional services firm Accenture has filed a patent which seeks to enhance the speed and security of transactions on blockchains using patented hardware. Besides accelerating the software processes the technology described in the patent titled ‘Hardware Blockchain Acceleration’ will also improve the security of the applications supporting the transaction chains. Per Accenture, the need for the technology is driven by ...

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Overstock’s tZERO Closes Its Security Token Offering Tonight

tZERO, a blockchain subsidiary of e-commerce retail giant Overstock, announced today Aug. 6 that its Security Token Offering (STO) will comes to an end Monday night, with no further extensions. tZERO said that its STO will close at 11:59 PM EDT, whereas investors with fully executed Simple Agreements of Future Equity (SAFEs) have to remit funds to tZERO by 5 ...

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Cryptographic Experts Reveal Security Issues in Telegram Passport

Virgil Security, Inc., a cryptographic services provider, has published a report which raises concerns regarding the security of Telegram Passport. Telegram Passport is the latest feature introduced by the messaging app last month. It allows users to upload personal identification documents such as passports, identity cards, and drivers licenses to be stored in the Telegram cloud. These documents are encrypted ...

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Decentralized E-Commerce Marketplace Vows to Offer Shopping Protection and Data Security

A new blockchain-based e-commerce marketplace claims its centralized rivals are harming the sector by overcharging buyers and unfairly treating merchants — and plans to launch a new model, offering “complete shopping protection, data security and minimal commission.” ApolloX says it is hoping to challenge “monopolistic intermediaries” with an ecosystem consisting of three building blocks. The first component is a protocol ...

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U.S. Investors See Bitcoin as “Risky,” Opt for “Security Over Growth”

Figures from a recent poll indicate that bitcoin and cryptocurrency are still viewed with suspicion by most U.S. investors, with only 2 percent of them holding bitcoin and another 75 percent of them describing bitcoin as “very risky.” Conducted by Gallup and Wells Fargo, the poll surveyed nearly 2,000 American investors with holdings exceeding $10,000. Low Interest, Lower Adoption The ...

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