"Latin America’s Reddit" with Bitcoin tipping hacked

Taringa, Latin American social site with Bitcoin tipping, hacked and nearly all of the users' data compromised
05 September 2017   627

Taringa, Latin American social site with Bitcoin tipping, has fallen prey to a hackers' attack and nearly all of the users' (which is about 28 million) data has been compromised.

According to cointelegraph.com, Taringa had instituted a system to pay users for content production using Bitcoin. The site even partnered with Xapo to create digital wallets for content producers. Now hack of data may allow access to those wallets.

It is likely that the attackers have made the database containing nicks, email addresses and encrypted passwords. No phone numbers and access credentials from other social networks have been compromised as well as addresses of bitcoin wallets from the Taringa program!

Taringa's statement translated by cointelegraph.com

As reported, Taringa was using an aging encryption system for passwords called MD5. The hackers managed to to crack 95% of the 27 million passwords. Taringa has assured customers that wallet addresses were not compromised. However, the surety of the promise actually remains unclear.  

Genesis Conference to be Held in London

Genesis Conference will cover research and development, regulation, economics and applications issues, taking place in London on February 22
22 February 2018   73

Genesis London Conference will take place on February 22, tackling the most pertinent issues in blockchain space: research and development, regulation, economics and applications.

Genesis London is a platform for researchers, developers and generally anyone interested in blockchain, and its priority is to share knowledge, facilitate productive discourse and filter out the hype.

Location: The CityPoint building, 1 Ropemaker St, London, EC2, UK
Date and time: 9:30AM - 8PM, February 22, 2018

The agenda of the conference includes Privacy and Confidentiality Techniques for Blockchains; Permissioned Business Blockchain Applications and Use-cases; Scalable, Transparent and Post-quantum Secure Computational Integrity, with Applications to Cryptocurrencies; A Rational Protocol Design Treatment of Bitcoin, and more.

The headline speakers include Patrick de Laive, co-founder of TNW; Margarita Khartanovich, head of insight at Binary District; Jack Gavigan, chief operating officer at ZCash; Jeremy Kahn, technology writer for Bloomberg, and many more.