Bank of Malaysia warns about fake crypto certificates

Bank Negara Malaysia issues a warning about fake cryptocurrency consultant degree certificates with their logo
02 April 2018   421

The rising popularity and increasing adoption of cryptocurrencies has opened a lot of new study venues. Cryptocurrency-related courses are popping up in universities all over the world. And, as usual, there are people who try to profit from it.

In Malaysia fake certificates of degree as a “Certified Crypto Asset Consultant” has been sighted. It's especially irritating for the Central Bank of Malaysia (BNM), because their stamps and logo, alongside ones from University of Malaysia, are on these fake degree papers.

Apparently, these certificates has been used for quite a while to fool businesses and employers, who are looking for specialists in field of digital asset investments.

“BNM does not recognise these certificate holders who use such documentation in offering consultation services. Members of the public are advised to verify the validity of any certification programme before registering”, said the representative of Central Bank of Malaysia.

The bank reminds everyone, who has been presented with aforementioned certificates, that it's important to verify the authenticity of the documents, before agreeing on services of such specialists.

Ethereum VM May Have Vulnerability

The vulnerability is reported by NettaLab Twitter account
12 November 2018   65

On November 9, a statement appeared in Netta Lab’s Twitter account that the organization discovered a vulnerability in the Ethereum virtual machine that allows to execute smart contracts endlessly without paying for gas online. The researchers also allegedly turned to the operator of the American database of vulnerabilities, where they registered the corresponding discovery.

Netta Labs discovered an Ethereum EVM vulnerability, which could be exploited by hackers. The vulnerability can cause smart contracts can be executed indefinitely without gas being paied.
 

Netta Lab's Twitter

At Netta Lab's request, Google demonstrates the site of the netto.io project, which specializes in auditing smart contracts under the Netta Lab brand, but the Twitter accounts of the projects do not match. Note that the profile that reported the vulnerability was registered in November.

Many users expressed doubts about the authenticity of the information that appeared, but then the creator of the NEO project Da Hongwei said that he spoke with the CEO of Netta Labs and asked the researchers to audit the NEO virtual machine.

Nevertheless, Vitalik Buterin wrote on Reddit that this is a vulnerability in the Python-implementation of the virtual machine, which was first reported on GitHub 9 days ago. This means that the main clients (go-ethereum; parity and cpp-ethereum) are not affected.