Exchanges are updating due to Intel vulnerability

Hackers can steal data from billions of devices connected to the Internet, from smartphones to servers
05 January 2018   521

Computer bugs are found quite often and few people are surprised, but the critical vulnerability recently found in Intel processors has become a sensation. With its help, attackers can steal data from billions of devices connected to the Internet, from smartphones to servers.

Holders of cryptocurrency, which have become a favorite target of hackers, have all the reasons for concern. Vulnerability can also be affected by cloud services, which are often used by crypto-currencies, experiencing increased loads amid a rapid increase in the number of traders.

While Microsoft and Amazon eliminate vulnerabilities in their cloud platforms, crypto-currency exchanges are experiencing service disruptions. 

Several exchanges, including Einstein Exchange, and Kucoin, also temporarily suspended service. Some of them specified that interruptions are related to the vulnerability of Intel, while others simply reported technical work.

The manufacturer of hardware wallets Ledger wrote that his device does not affect this vulnerability. 

Intel's bug has one more negative effect: as a result of the update, the performance degradation of devices can reach 30%. At the same time, this problem will not affect miners, since the process of mining the crypto currency does not require the fulfillment of a large number of requests to the core of the processor.

Texas to host BitBlockBoom conference

Bitcoin, blockchain and cryptocurrency conference BitBlockBoom will be held on July 14 - 15 to discuss the disruptive technology
19 May 2018   46

Bitcoin, blockchain and cryptocurrency professionals are going to convene in Irving, TX on July 14 through July 15. Brightest minds in crypto will be talking about the true meaning of Bitcoin, the promise of a distributed ledgers, and the potential of decentralization. First wave of speakers are as follows:

The conference will be held at the Study USA. Here is what the event says about itself:

Invest in yourself. Learning about cryptocurrency today is like learning HTML in the 1990s. With the proper training you can have a career spanning decades. With the proper knowledge you can avoid scams and discover opportunities to prosper in this new industry.

The event is sponsored by Crypto Unicorn Money. To learn more about the event, you can visit the official page here.