Baidu to Unveil Blockchain Stock Photo Platform

Distributed ledger technology is used by search giant to assign a timestamp to each original photo and store related data in a distributed network
12 April 2018   175

The search engine developer Baidu launched a stock photo bank on the blockcahin, which is designed to protect the rights to intellectual property in China. This is reported by CoinDesk.

A service called Totem was launched this Wednesday. It uses a blockchain to assign a timestamp to each original photo and store related data in a distributed network.

Baidu has significant achievements in the field of data analysis and artificial intelligence, which it intends to use when comparing images from the Internet with data stored in its blockchain.

To date, several photo banks have started using a new service, including Visual China Group - local partner of Getty Images.

Whether Baidu uses a public or private blockchain is unknown.

New project was launched few months after Baidu released CryptoKitties knock-off dubbed Laici Go and own blockchain-as-a-service platform in January.

This isn't the first time when blockchain technology is used to protect intellectual property of digital media assets.

MyEtherWallet DNS Servers Hacked

Number of MEW DNS servers have been replaced by unknown hackers for redirecting users to a phishing site; around $150k were stolen
25 April 2018   2

Users of MyEtherWallet lose around $152,000 worth of ether due to wallet's DNS servers hack.

Representatives of MyEtherWallet have already confirmed that a number of DNS servers have been replaced by unknown hackers for redirecting users to a phishing site. They also added that the problem arose not on the side of the service and at the moment they are trying to identify problem servers and resolve the situation.

MyEtherWallet Twitter
MyEtherWallet Twitter

Affected users used Reddit to report on the hack.

Went on to myetherwallet and saw that myetherwallet had [an] invalid connection certificate in the corner. As soon as I logged in, there was a countdown for about 10 seconds and A tx was made sending the available money I had on the wallet to another wallet  '0x1d50588C0aa11959A5c28831ce3DC5F1D3120d29.' I have no idea what happened.
 

rotistain at Reddit

Developers gave their advices.

Do not use myetherwallet.com if you're using Google Public DNS (8.8.8.8 / 8.8.4.4) at this moment. It seems these DNS servers are resolving the domain to a bad server that CAN steal your keys!
 

Micky Socaci

Lead developer, BlockBits. io

The official statement of MyEtherWallet said that the problem affected only those who used DNS-servers from Google. The service strongly encourages all users to use the server from Cloudfare.

Representatives of the resource also reminded users about the basic security rules: checking the SSL certificate, preferring the use of an offline copy of MyEtherWallet, storing crypto currency on hardware devices. In addition, they asked users to ignore scammers offering free distribution of ETH tokens.