$142k withdrawn from WannaCry wallets

Someone has withdrawn all the money from the wallets of the virus-extortionist WannaCry
03 August 2017   609

Is the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen

On May 12th, the WannaCry virus began to massively block Windows-based computers around the world. The data on the hard drive was encrypted, and the virus forced the users to transfer the ransom to WannaCry Bitcoin wallets for the data return.

British hospitals, computers of Russian departments and other companies have suffered from the virus. The damage from the attack was estimated at about one billion dollars.


Distributed database that is used to maintain a continuously growing list of records, called blocks

Now, three months after the attack, someone unknown withdrew all the money from WannaCry Bitcoin wallets within 15 minutes. Thus, 7 transactions worth $142,000 were recorded by Quartz's bot:

According to Quartz hypothesis, the money is likely to pass through a chain of other Bitcoin wallets in order to hide the final recipient.

UCLA Blockchain Crypto Conference to be Held in LA

The UCLA Conference will be held on February 17-18 of 2018, gathering together the most experienced and exciting thinkers
17 February 2018   218

UCLA's Blockchain Lab and Far from LA are holding the Blockchain Cryptocurrency Conference, gathering together the most experienced and exciting thinkers across SoCal, in order to foster both economic and educational progress. The conference will concern cybersecurity, cryptocurrencies, and blockchain.

The UCLA Conference will be held on February 17-18 of 2018.

Location: The University of California, Humanities Building, 415 Portola Plaza, UCLA 90095, Los Angeles

The headline speakers will include Kathleen Breitman, the co-founder of Tezos; Sandra Ro from UWIN Lab; David Moss from EOS; Jeremy Rubin, the Bitcoin core developer, and many more.

The agenda of the conference is as follows: the future of blockchain keynote, bringing humanity to the blockchain, cybersecurity, autonomous vehicles, blockchain's influence on the development of art and culture, blockchain in the music industry, government adoption of blockchain around the world, and more.