Dash teams up with BlockCypher to launch grant program

Dash teams up with BlockCypher in order to launch grant program for blockchain-focused companies
24 August 2017   3657

One of the leading cryptocurrencies, Dash, teams up with BlockCypher, a leading Blockchain Web Services (BWS) provider, in order to launch a grant program for startups and established companies seeking blockchain-based solutions in enterprises and new markets.

As reported, the chosen companies will receive funding for blockchain web services and hosting, consulting, project testing, and integration support.

The Dash Core Group has a history of providing support for businesses seeking to integrate Dash, but now we can do so in an official, mutually beneficial way,” Dash Core CEO Ryan Taylor said. “BlockCypher is a wonderful partner for Dash and has been instrumental in attracting new businesses to leverage our network. This program simply extends our support in a structured way to the numerous leads BlockCypher generates for the network.

Ryan Taylor
CEO of Dash Core

One of the organizations that has already received grants is the Patientory Foundation, which is developing a blockchain for securely and efficiently recording patient data. Thus, they are integrating the Dash public blockchain with their private blockchain using BlockCypher’s APIs.

With BlockCypher web services and experience, the goal of this program is to seed projects in regions and use cases where blockchain technology has been underdeveloped,” BlockCypher head of growth Karen Hsu said. “This program is teaming up blockchain focused companies to encourage other companies to adopt blockchain technology. It also uniquely has structured phases towards commercialization.

Karen Hsu
Head of Growth at BlockCypher

The three companies plan to significantly disrupt the way healthcare payments are executed: using blockchains, healthcare providers will be able to settle medical bills faster and more securely, while patients can use BlockCypher web services to maintain Dash wallets and settle payments over the Dash network.

Chinese Miners to Fall Victims of Ransomware

Looks like ransomware came together with "improved" firmware, that should "overclock" device
21 January 2019   79

In China, a ransomware spreads, victims of which are Bitcoin miners. The damage from its activities is measured in tens of thousands of dollars. This is reported by Trustnodes.

The virus infects miners, released by Bitmain, and requires you to send 10 bitcoins, otherwise threatening to cause overheating of the device.

The problem is solved by formatting the SD card of the infected device, however, as Trustnodes notes, the whole process can take up to four days, while malicious software rapidly spreads to the other miners.

Compromised device
Compromised device

Probably, the virus comes with an "improved" firmware for miners. Some owners install such firmware to “overclock” their ASIC devices and improve their performance.

The first messages about the virus refer to August last year. In particular, Antminer S9, T9 and even L3 + for Litecoin were attacked. Over time, the malware has been improved. Now its distributor himself can decide when to display a message requesting a ransom. One miner also said that one night the address to which the 4,000 devices belonging to him sent the mined cryptocurrency was changed to the address of the hacker, which brought him $ 8,000.