GAW Claims PayBase Security Issue Was Cloudflare Glitch Showing Static Data of Customer Sessions - No Coins or Private Data Lost
PayBase security has been rightfully called into question after a security issue was revealed and fixed during launch on 12/30 after a delay. There were widely corroborated reports of a possible security issue in the morning of 12/31. According to GAW's public chat, the issue stemmed from the way CloudFlare handles cached data. CCN reached out to Joe Mordica, the CTO of GAWMiners, to find out exactly what happened and if there was any customer data compromised. Also read: Josh Garza Speaks on PayBase Launch. GAWMiner's Explanation of PayBase Security Issue. Could you tell CCN what....
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With the end of another week, it's time for the Bitcoin News in Review, where we feature some of the top stories of the week here on CryptoCoins News. This week, GAW Miners and PayCoin fell under heavy criticism, the Winklevoss twins' bitcoin ETF submitted another filing draft to the SEC for the issuance of 1 million 'COIN' shares on Nasdaq, the bitcoin price fell below $300 USD, and more. Keep scrolling for this week's biggest news. GAW Miners and PayCoin. This week, the community accused Josh Garza of GAW Miners for running a scam with PayCoin. For those who don't know, PayCoin is an....
The list of top-valued coins on CoinGecko briefly went somewhat irrelevant, with BTC falling behind the “Relevant” token. CoinGecko, one of the largest cryptocurrency tracking websites in the world, suffered a major glitch on Friday morning, with Bitcoin (BTC) mistakenly losing its position as the largest digital currency by market capitalization to a lesser-known altcoin.The list of top-valued cryptocurrencies on CoinGecko briefly went somewhat irrelevant, with BTC’s market cap temporarily falling behind a token known as Relevant (REL).As of 7:20 am UTC, REL was mistakenly placed at the....
Bitcoin exchange Paybase Monday has shutdown withdrawals from its users, causing a fury on Twitter and throughout their user base, as another exchange closure is feared. Paybase founder Josh Garza has been unavailable for comments, with many users claiming he blocks their account if pressed on this issue on Twitter. Garza has a controlling interest in the Bitcoin mining firm GAW Miners, along with many altcoin ventures. Paybase started to experience trading issues in January when the Securities Exchange Commission (SEC) began an investigation. This led to accusations that Paybase and GAW....
BitDefender, an award winning internet security Software Company based in Romania has fallen victim to a data breach which leaked the company’s customer data including usernames and passwords to an anonymous hacker. The customer data stolen by a hacker with an online alias “DetoxRansome” told Forbes that all information including passwords and usernames were unencrypted. According to “DetoxRansome,” the usernames and passwords were in plain text. However, if it were encrypted, it would have been extremely difficult to decrypt. Fortunately, the data stolen accounts to “less than 1% of the....
The much-anticipated launch of PayBase is happening on 12/30/14. This launch follows the launch of PayCoin by GAWMiners. PayCoin launched with a roar drawing in excess of 40 to 50+ peta hash of SHA-256 mining power, the same type used in Bitcoin. Now moved into the POS (Proof of Stake) phase of maintaining the network the next step in its platform PayBase is going live. PayBase is a platform for trading PayCoin, exchange symbol XPY, as well as a portal for much more. CCN was able to speak with Josh Garza on the PayBase and PayCoin launches to go over what to expect. Also read: Josh Garza....