Understanding The DAO Hack for Journalists
The basics. The ethereum network is a network of computers all running the ethereum blockchain. The blockchain allows people to exchange tokens of value, called ether, which is currently the second most popular cryptocurrency behind bitcoin. ethereum also allows people to write and put on the network smart contracts – general-purpose code that executes on every computer in the network (currently over 6,000 computers). People then execute these programs by sending ether to them. A DAO is a Decentralized Autonomous Organization. Its goal is to codify the rules and decisionmaking apparatus....
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The authoritarian government in Turkey has charged three journalists working for Vice News for ‘engaging in terrorist activity’ on behalf of ISIL (ISIS). The charge according to the government is that one of the three journalists used encryption software on his personal computer which is often used by the ISIL. Out of the three journalists charged, the two are from Britain (Jake Hanrahan and Philip Pendlebury) and one ‘the fixer’ is from Iraq but based in Turkey. The three persons were arrested last Thursday in Diyarbakir which is located in south-eastern Turkey while they were covering....
The Hong Kong-based group documented its reproduction of the hack on its tech and security oriented blog, seeking insights into Web3’s attack surface spectrum. Amber Group has reproduced the recent Wintermute hack, the Hong Kong-based crypto finance service provider announced on its blog. The process was fast and simple, and used hardware easily accessible to consumers. Wintermute lost over $160 million in a private key hack on Sept. 20.Reproducing the hack can help “build a better understanding of the attack surface spectrum across Web3,” Amber Group said. It was only hours after the hack....
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Edward Snowden, former CIA contractor and an outspoken advocate for privacy, spoke to an enthusiastic group of students at the McGill University, earlier this month, to discuss the controversial events regarding the Montreal police force and its unjustifiable surveillance of journalists. The Montreal police found itself in the midst of international controversy after it was revealed that they were secretly spying and monitoring the mobile phones of at least seven journalists, including respected columnist for Canada’s oldest and largest newspaper La Presse, Patrick Lagacé. La Presse stated....
In the wake of yet another hack which rocked the Bitcoin community on a massive scale, Andreas Antonopoulos, a known Bitcoin and security entrepreneur, told Cointelegraph where it’s safer to keep your Bitcoin. “My primary goal is to ensure that none of the simple users who just need to exchange currencies are using custodial exchanges and leaving money there,” Andreas Antonopoulos says in a Twitter chat with CoinTelegraph. “It is risky, it is unnecessary and they are the least aware or capable of understanding and managing that risk. Hence the slogan: your keys, your Bitcoin. Not your....