Digital Revolution in the Granite State

Granite Networks allowed the hacker access to Canadian Bitcoins' server, after which he stole $100,000 worth of Bitcoins. Another Bitcoin exchange has been hacked. Canadian Bitcoins, an exchange based in Ottawa, has lost over $100,000 worth of Bitcoins in a heist that happened during an incident on October 1st 2013. The story is different from Mt. Gox or any other hacking events. The hacker didn't even need to actually 'hack' the system. Warning: the following story may sound unbelievable... On October 1st 2013, a random person opened an online chat session with a technical support worker....

Ontario-based bitcoin buying and selling service Canadian Bitcoins has revealed that it was the victim of an unusual attack last October that resulted in the loss of 149.94 BTC ($100,000). The Ottawa Citizen reports that an unidentified scammer contacted a technical support agent at its now former web hosting service, Granite Networks, claiming to be owner James Grant. Using only the owner's name, the thief was allegedly able to have the site reboot into recovery mode, allowing him to bypass all protections on the server. The media outlet indicates that it has obtained a text copy of the....

The Fourth Industrial Revolution is profoundly altering everything around us, even the way we live. This revolution promises to create greater efficiencies in all industry sectors and to spectacularly maximize human wellbeing. However, for the Fourth Industrial Revolution to be successful, an open, borderless, payment protocol must be in place. This....

Many participants at the Revolution Banking 2016 event in Spain were interested in the Blockchain technology, which resulted in a lively discussion during the event Where is the blockchain heading? Whether the distributed ledger technology really has the potential to solve the issues currently faced by the banking and financial sector? These were some of the topics discussed in the last month’s Revolution Banking 2016 summit, which happened in Madrid, Spain on the 10th of May 2016. Revolution Banking 2016 was an event focused on new technologies, innovations, and collaborations in the....

2020 has been a year unlike any other in terms of dramatic life change. Throughout history, any phases of challenge or uncertainty led to a mass disruption of the traditional systems in place and ushered in a new societal revolution. There was an industrial revolution, a technological revolution, and what is next is a decentralized, all-digital future. The basis of a brighter, more inclusive, and fair future is starting today, and it begins with services […]