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   750

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 coinmarketcap.com Ethereum charts on coinmarketcap.com

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

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.