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....
The search for Satoshi Nakamoto, Bitcoin’s mysterious inventor, has been an ongoing hunt for the last 13 years. Since 2014, dozens of so-called candidates have appeared, but none of them have convinced the greater community that they are Bitcoin’s creator. Furthermore, journalists from publications like Newsweek have pointed to a few specific individuals, and nearly every one of them has denied playing a role in the creation of the world’s leading crypto asset. In October 2011, a journalist thought he discovered Nakamoto’s identity, or felt like he offered....