EU & UN to help refugees via Ethereum

The European Union and the United Nations to use the Ethereum blockchain to provide help to refugees
04 September 2017   1783

The Ethereum blockchain has been of a great use recently, but now this is not only hundreds ICOs. 

Vitalik Buterin, Ethereum founder, shares the news on his social media:

According to the article, now the European Union is joining the United Nations in using the Ethereum blockchain in order to provide transparent help to refugees.

Many refugees, and people in refugee-like situations, are unable to prove their identity or access essential services.

"Horizontal Task Force on Distributed Ledger Technology" 

Thus, the blockchain powered by Ethereum is able to solve this problem and ease the integration process by providing new, more efficient ways of identifying undocumented persons arriving in the EU.

EU governments in partnerships with other countries and organizations (e.g. NGOs) need innovative solutions to manage increasing flows of migrants and their temporary stay in different countries.

The European Parliament 

It's also noteworthy that Ethereum is progressing with state-sponsored integrations: Vitalik Buterin has been to Russia, signing a deal with government-owned bank VEB and also visiting plenty of conferences and meetings.

Ethereum charts on Ethereum charts on

At the time of writing, Ethereum price is about $286.

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.