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Reports: Israeli officials’ devices hacked; data possessed by Iran

Hackers stole information from former Israeli prime minister Ehud Barak’s computer and phone months ago and sold it to Iran, according to multiple news outlets, citing a TV report by Israel’s Channel 12 this past weekend. The news reportedly broke several days after a separate Channel 12 story that said Iranian intelligence directly hacked the cell phone of Benny Gantz, former Chief of General Staff of the Israel Defense Forces, who is currently running for prime minister against incumbent Benjamin Netanyahu. The newer of the two reports said Barak was informed of the hack last July by Nadav Argaman, head of Israel’s intelligence agency Shin Bet, and warned it could be part of a larger attempt to target important Israelis overseas. Reportedly, the breach was not caused by negligence and not sensitive materials were stolen. The previous report states that Shin Bet officials informed Gantz about five weeks ago that he was hacked sometime after he entered the political fray in December 2018 when he founded the Hosen L’Yisrael party, which later joined two other parties to become the Kachol Lavan (Blue and White) political alliance. Gantz and his Kachol Lavan have reportedly confirmed that a hack occurred, but denied that Iran is in possession of sensitive information that could be used to extort him should be become Israel’s new leader. Indeed, they have suggested that such rumors are merely spin from Gantz’s political rivals, and a few officials have reportedly even suggested that Iran may not actually be responsible for the hack. “We don’t comment on issues that are at the heart of state security,” reportedly read a statement from Kachol Lavan. “It is important to emphasize that this incident happened four years after Gantz finished his tenure as chief of staff, [a fact] that raises many questions regarding the timing of the report’s publication.” Barak himself reportedly defended Gantz, tweeting “There is nothing sensitive relating to the security of the state. Iranian hacking? Not sure. More likely — regular phishing from a pool of millions of names.” The post Reports: Israeli officials’ devices hacked; data possessed by Iran appeared first on SC Media.
SC Media

New Zealand: Hacked Exchange Cryptopia Expects to Resume Trading by End of March 2019

New Zealand: Hacked Exchange Cryptopia Expects to Resume Trading by End of March 2019 Cryptopia, the recently hacked New Zealand crypto exchange, has posted an update on March 17 concerning its plan to resume trading on its platform, which is expected by the end of March. In the post, Cryptopia’s co-founder Rob (Hex) Dawson stated […] Cet article New Zealand: Hacked Exchange Cryptopia Expects to Resume Trading by End of March 2019 est apparu en premier sur Bitcoin Central.
Bitcoin Central

Founder of Hacked Bitcoin Exchange Mt.Gox Mark Karpeles Sentenced to Over Two Years

Mark Karpeles, the founder of the now-defunct bitcoin exchange Mt.Gox, was found guilty of tampering with records and given a suspended prison sentence of two years and six months, according to WSJ. The High Court ruling comes five years after a massive security breach in 2014 at Mt.Gox that led to millions of dollars in losses for both local and foreign bitcoin investors. The courts found Karpeles guilty of “illegally producing electronic records” in connection to Mt. Gox’s books and was given a sentence of two years six months; He was not found guilty of embezzlement and aggravated breach of trust. According to WSJ, if Karpeles remains on “good behavior” over the next four years he won’t serve prison time. History on Mt.Gox At the time of the hack, losses were pegged at 850,000 bitcoins—consisting of 750,000 customer bitcoins, 100,000 of the exchange’s own and worth approximately $500 million. Two hundred thousand bitcoins were later “found” by the company in an old hot wallet, bringing the number down to 650,000 still lost in total. Karpeles eventually stood trial in 2015, but not on account of the theft. Instead, he was charged with faking trading information at Mt.Gox over “several years” and embezzling $3 million in customer funds deposited with the company. As reported by the Japan Times, Karpeles came under scrutiny after prosecutors claimed he used the embezzled money to fund an ostentatious lifestyle, including living in a $11,000-a-month rented apartment and regularly spending on overseas trips. In addition to personal expenses, he reportedly launched a high-end 3D printing business; a cost deemed “unnecessary” for Mt.Gox’s purposes. However, Karpeles maintains innocence to this date and denied all charges levied. He told reporters after his last trial: “Most people will not believe what I say. The only solution I have is to find the real culprit.” Mt.Gox periodically liquidates its bitcoin holdings to compensate customers in fiat amounts adjusted for 2014. Last year alone, an exchange trustee sold over $230 million in tranches consisting of bitcoin and bitcoin cash. However, as earlier reported by CryptoSlate, the liquidation is more of a legal obligation than an act of goodwill—Japanese laws require creditors and investors to be compensated and are eligible for protection under a guarantee claim. Attackers Still at Large Years after the crime, the hackers responsible for stealing bitcoins from Mt.Gox remains unknown. However, the incident exposed significant loopholes in the way cryptocurrency exchanges were operating around the world, resulting in governments beginning initial work on regulating and legalizing the nascent asset class. In 2017, Japan, where Mt.Gox was headquartered, became the first major economy to legalize bitcoin trading. The state introduced its crypto-licenses framework requiring all exchange operators to meet strict operational criteria and conduct rigorous KYC procedures on customers. Reception to Karpeles’ sentence on social media is mixed. Some in the community are satisfied that he was “brought to justice” as the executive responsible for Mt.Gox when the exchange was hacked, while others have voiced concerns with the relatively light sentence considering the impact it had on the Bitcoin ecosystem. Regardless of the public’s opinion, Bitcoin has recovered from the catastrophe and new exchanges have filled the vacuum that Mt.Gox once occupied. The post Founder of Hacked Bitcoin Exchange Mt.Gox Mark Karpeles Sentenced to Over Two Years appeared first on CryptoSlate.
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Tron Based ‘Stable Coin’ to Start Trading At Huobi and Okex Exchange

Okex and Huobi Global have added support for USD Tether pegged to the US Dollar built on Tron. Tron Foundation built the ‘stable coin’ collaboration with Tether. Currently, the two Exchanges support three stable coins markets USDT-Tron (TRC20), USDT-OMNI, USDT-ERC20 (Ethereum). The token will be launched on 30th April 2019 on the Okex and Huobi Global Exchanges. According to the press release by Okex: In order to meet users’ demand for stablecoin trading, OKEx will support USDT-TRON, the TRC-20 based USDT token co-developed by TRON and Tether, as well as the airdrop for USDT-TRON holders. …It has a TRON deposit address and uses the TRON network for depositing and withdrawal. Rewards for Early Adopters and Tron’s Growth The annual percentage return (APR) of the USDT-TRON token has been designed to give out rewards for its early adopters. The initial APR is 20% which will, however, reduce with time. Nevertheless, the program is supposed to roll out investments for a total of 100 days. The total amount of incentives will be $20 million. The incentives will be rewarded in USDT-TRON only. Justin Sun has implored the users of the Exchanges to adapt to swap from USDT-OMNI – USDT-TRON. #Hodl USDT-TRON to earn initial 20% APR in USDT-TRON. 100 day campaign. $20M initial budget no hard cap. Just sayin'. 😎 $TRX $BTT pic.twitter.com/jyo7QcrtbE — Justin Sun (@justinsuntron) March 21, 2019 The Stable coin will be available on major exchanges, and the reward programs are lucrative. Therefore, the number of transactions on the Tron Network would increase significantly. Tron has built a vibrant ecosystem for Dapps and issuing digital asset. The move will foster the growth of Tron. It will also help the exchanges take advantage of the transaction capabilities of Tron which is considerably cheaper than Ethereum currently. The returns proposed by ARP are highly lucrative. Will you swap your stable coins to earn the rewards?  The post Tron Based ‘Stable Coin’ to Start Trading At Huobi and Okex Exchange appeared first on Coingape.

Get EOS Airdrop Token Every Hour Is Now Possible on Infinito App Square with PRA CandyBox!

SINGAPORE, Mar 22, 2019 - (ACN Newswire) - Infinito Wallet's crucial partnership with global leading EOS block producers and block producer candidates comes along with valuable benefits for users. This March 13th, support for EOS DApps will officially be available on Infinito Wallet's newly launched App Square and the well-known EOS token distribution DApp - PRA CandyBox will be at Infinitors' service along with a great deal of airdrops everyday.Developed by ProChain based on the EOS main network, PRA CandyBox is the top 1 EOS DApp listed on DappRadar and the only airdrop-related dApp among the top 100 dApps as of 19 February 2019. With the join of this DApp, Infinito Wallet's users are now gifted with EOS candies everyday or even every hour. To be specific, the amount of EOS airdrops users can get daily varies in accordance with their account's level. To heighten level, wallet owners can deposit EPRA token - PRA CandyBox's proprietary token - into their account. This means the more EPRA token users deposit, the more EOS candies and the shorter duration for them. Level 1 accounts are those with less than 1,000 EPRAs, can repeatedly claim tokens every four hours. While top accounts like level 12 are rewarded with up to 12 airdrops every hour. Users can find this DApp inside Infinito App Square, displayed as "Browser" in the Universal Wallet. Convenience is one highlight of this EOS token distribution as PRA CandyBox keeps their airdrop "game" extremely simple. To receive candies, Infinito Wallet's users simply need to click on the airdrop project, input password and tap "confirm". That's it!*Please note that you must own an EOS account ...Full story available on Benzinga.com

Why Square’s Bitcoin Hiring Spree is Crucial for Crypto Adoption

Jack Dorsey, the CEO of Square, the $32.7 billion mobile payment giant based in the U.S., revealed that Square would fund three to four developers and a designer to work on the open-source protocol of Bitcoin and the crypto ecosystem. Independent of the core business strategies of Square, the team of developers and a designer will work to contribute to the cryptocurrency ecosystem in a variety of ways, potentially by contributing to the open-source codebase of the Bitcoin network. #BitcoinTwitter and #CryptoTwitter! Square is hiring 3-4 crypto engineers and 1 designer to work full-time on open source contributions to the The post Why Square’s Bitcoin Hiring Spree is Crucial for Crypto Adoption appeared first on CCN

Square is Hiring: You Can Be Paid in Bitcoin if You Want

Twitter and Square founder Jack Dorsey has always been bullish in his Bitcoin views. So it’s no surprise that his payments startup Square is now offering new employees the chance to be paid in Bitcoin. According to tweets from the CEO, the company is on the hunt for skilled labor to add to the team. Square Bitcoin Payments If Dorsey’s tweets are anything to go by, then the company is hiring engineers and a designer to “work full-time on open source contributions to the bitcoin/crypto ecosystem.”  The Square cash app already supports Bitcoin purchases ... ﾿ Read The Full Article On CryptoCurrencyNews.com Get latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn How to trade on cryptocurrency exchanges. All content provided by Crypto Currency News is subject to our Terms Of Use and Disclaimer.
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