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Ethereum bandit makes off with $6.1M after bypassing weak private keys

Apr24
by on April 24, 2019 at 1:22 pm
Posted In: Around the Web, Hard Fork, Insider


There’s a blockchain bandit on the loose – and they’ve already thieved over $6.1 million worth of Ethereum. According to a report published by security consulting firm Independent Security Evaluators (ISE), an unknown entity has been bypassing weak private keys to swipe large amounts of Ether. The findings show that during last year’s price rally, the stolen funds amounted to over $54 million (roughly 38,000 ETH). As part of its investigation, ISE looked at several weak private keys, starting with simple key combinations and soon realised that associated wallets had been funnelled. To determine the speed at which the thief was…

This story continues at The Next Web

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How AI can help close the gender pay gap and eliminate bias

Apr24
by on April 24, 2019 at 12:32 pm
Posted In: Around the Web, Work2030


202 years. That’s how long it will take to close the gender gap unless we speed up the process, says a recent report by the World Economic Forum. And looking at the statistics, this makes sense. A recent study by Pew Research found that the gender pay gap has narrowed but stayed relatively stable since… the 80s. Somehow, we’ve learned how to build self-driving cars and smartphones with more computing power than the first computers used in space travel, but we still haven’t figured out how to pay men and women equally. Luckily, social and government-led pressure is mounting. Movements…

This story continues at The Next Web

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Coinbase fires 30 workers and closes Chicago office after just one year

Apr24
by on April 24, 2019 at 9:16 am
Posted In: Around the Web, blockchain, cryptocurrency, Hard Fork


Prominent cryptocurrency exchange Coinbase is set to close its Chicago office just a year after it was opened, and will let go around 30 software engineers in the process, reports Fortune. The group had been tasked with building a special “matching engine” product for high-frequency trading. A Coinbase spokesperson said the high-frequency trade technology was no longer a priority. Instead, the firm is to focus on other products like over-the-counter trading and custody services. Coinbase will reportedly relocate “a small number” of Chicago-based matching engine devs to its main office in San Francisco, as well as maintain a remote sales force in…

This story continues at The Next Web

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CHEAP: Stop cheeky pranksters with $115 off a Nest Hello video doorbell

Apr24
by on April 24, 2019 at 9:01 am
Posted In: Around the Web, Plugged


Welcome to CHEAP, our series about things that are good, but most of all, cheap. CHEAP! There are a few classic pranks. A phone call pretending to be someone else is a quintessential example, so is throwing toilet paper over someone’s home or car. But the most archetypal of all? Well, that’s the time-honored tradition of ringing someone’s doorbell and, well, just fucking legging it. But, the days of being caught-out by this specific prank are done. So are the times of being surprised by who’s knocking on your door. Or not being able to look at the postman’s butt……

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