Decent launches content blockchain platform

Blockchain technology will be used in content distributing
27 June 2017   599

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

Decent announce the "digital revolution" and the date of the Blockchain-based digital content distribution platform launch. 

Decent wants to use blockchain technology to make the online media publishing space more effective, convenient and safe. The platform is planed to offer content creators best conditions. 

The team believes that using the blockchain technology will free a giant part of global media content distributing industry costs. Using this technology, artists and content creators will have more control over their content and it's profit. Need for all "middlemen" will be eliminated.

Additionally, Decent will use encryption system in order to guarantee network security. 

According to the mass media, Matej Michalko, founder and CEO of Decent, said that the launch of Decent Network will bring freedom into the world of content distribution.

He also added that an open-sourced blockchain platform with its decentralization will provide the highest levels of trust and security.  

Prototype of the platfrom was presented in January 2016. Developers mananged to raise 5881 BTC at the September's ICO. Today it's only 4 days left for platform's full start.

There were two test released a while ago. Testnet #1 “Caesar” launched in March and Testnet #2 “Alberti” in May 2017. Testers were able to to refine and polish the Decent's network. Company relies on its customers, those people who had contributed a lot to bring Decent network to the release. 

Decent network will provide instant payments from the consumer to content owner. Also, company promised that is just a start and they have many ideas.

Tesla's cloud account hacked to mine cryptocurrency

Independent security group discovered Tesla's cloud account being hacked and infected with a miner-virus
21 February 2018   23

Cryptocurrencies are on the rise and all sorts of shady characters are trying to get in with dubious methods. Recent string of hacking attacks is a perfect example. And now not only exchanges and users with their hard-earned coins are in danger, but also companies with large cloud infrastructure face the same threat.

RedLock, a security research firm, reports that electric car manufacturer Tesla's cloud account information has been leaked to the internet, which allowed hackers to access the company's cloud. It has been hacked and hardware infected with a miner virus called Stratum. The mining protocol masks itself with low CPU usage and obscuring the IP of the mining server.

Of course, RedLock immediately contacted Tesla with this information and the company quickly got to fixing the breach. Tesla's spokesperson assured us that customer personal information hasn't been compromised, and that the vulnerability was patched in a matter of hours. Only small test park of internally-used engineering sample cars has been impacted and no indication whatsoever discovered that actual customer cars have been compromised in any way.

It certanly looks possible, because according to the same RedLock Cloud Security Intelligence group mining profitability of Tesla's cloud is worth a lot more that all the customer data available could be sold for on the black market. This also isn't the first instance of such a hack with no data being stolen. In fact, hacks with intention of hijacking mining capacity has already targeted Gemalto, a world's largest SIM-card manufacturer, and Aviva, a British insurance company, just to name a few.