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Hackers create 1B fake EOS to rob ‘decentralized’ cryptocurrency exchange

Sep18
by on September 18, 2018 at 9:53 am
Posted In: Around the Web, cryptocurrency, Hard Fork


Thanks to a shocking security vulnerability, hackers have flooded a “decentralized” token exchange platform with 1 billion fake EOS. By the end of the heist, the thieves were able to steal almost $58,000 in cryptocurrency directly from users. The hackers created a new EOS-based token, ironically named “EOS,” and used it to illegitimately purchase BLACK, IQ, and ADD tokens from exchange service Newdex. The company has since confirmed the hack. “EOS account oo1122334455 issued 1,000,000,000 fake EOS tokens,” Newdex wrote in a statement. “After testing the feasibility of the attack, the account began to place large [buy orders]. A total of 11,800 fake EOS orders were issued to…

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Designers need to keep old people in mind

Sep18
by on September 18, 2018 at 9:42 am
Posted In: Around the Web, Design & Dev, syndication


Our population is aging into “demographic time bombs.” The latest headlines constantly warn us of the stark reality of our aging dilemma. Fertility rates have dropped, and life expectancy has increased. Italy’s average age has surpassed 45 for the first time ever. A 2015 national consensus shows that Japan is currently the world’s oldest country, with almost 27% of its population over the age of 65. According to UN estimations from World Population Prospects: the 2017 Revision, the number of persons aged 60 years or over is expected to more than double by 2015, encompassing over a fifth of the world population. Yet most tech designs—websites, services and…

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a couple of laughzillas on a blue diamond background

Designers need to keep old people in mind

Sep18
by on September 18, 2018 at 9:42 am
Posted In: Around the Web, Design & Dev, syndication


Our population is aging into “demographic time bombs.” The latest headlines constantly warn us of the stark reality of our aging dilemma. Fertility rates have dropped, and life expectancy has increased. Italy’s average age has surpassed 45 for the first time ever. A 2015 national consensus shows that Japan is currently the world’s oldest country, with almost 27% of its population over the age of 65. According to UN estimations from World Population Prospects: the 2017 Revision, the number of persons aged 60 years or over is expected to more than double by 2015, encompassing over a fifth of the world population. Yet most tech designs—websites, services and…

This story continues at The Next Web

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Sim-swappers hack League of Legends star out of $200K worth of cryptocurrency

Sep18
by on September 18, 2018 at 9:36 am
Posted In: Around the Web, blockchain, cryptocurrency, Hard Fork


It’s not as easy as it sounds being a professional gamer. A League of Legends superstar has had $200,000 in cryptocurrency stolen from them – directly from their Coinbase account. In a YouTube video spotted by Dot Esports, Yiliang “Doublelift” Peng describes how he awoke one morning last week to messages from his bank telling him he is overdrawn on his account. While the exact details of the hack have not been officially confirmed, Peng does have his suspicions. What happened? Peng states that around a couple of weeks before the theft, he had experienced some abnormal cellphone coverage which…

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Being a whistleblower in tech isn’t easy — here’s why

Sep18
by on September 18, 2018 at 9:13 am
Posted In: Around the Web, syndication


When the term “whistleblower” comes to mind, generally one is reminded of government and even shadow agency problems brought to light. Edward Snowden, for instance, is an excellent example of this behavior, along with his revelations about the NSA and government spying on American citizens. But there’s another aspect to the concept. It involves the ousting of damaging, relevant information related to large corporations or individuals in the business world. As a more recent example, the Facebook and Cambridge Analytica debacle comes to mind. We’ve known forever that Facebook has collected our data and information, but we didn’t necessarily know what they…

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