Mizuho to invest in Ethereum Startup Omise

Neutrino, the country’s first blockchain space of Ethereum-based startup Omise Japan, will be sponsored by one of Japan’s three so-called ‘megabanks’ Mizuho
25 May 2018   960

The country’s first specialized blockchain co-working space Neutrino was instituted  by Omise in Tokyo in March of 2018. Omise, a Thai-based launch, sees Ethereum co-founder Vitalik Buterin among its advisors and closed a $25 million ICO in new financing last year to construct a decentralized payments platform Omise Go, powered by OMG, an ERC20 token cryptocurrency. The project aims to advance study to ultimately deploy operational implementations of blockchain tech and cryptocurrency in services and businesses.

One of the largest Japanese banks Mizuho declared on Friday that it will sponsor the coworking space in an arrangement that will also see the bank turn a “long-term tenant” of the coworking space.

Mizuho considers that blockchain is a decentralized technology that will have a transformative impact across industries, beginning it will “simplify and optimize” business operations of different types. In outlining its own aims to implement the technology to deliver better financial services to its customers, Mizuho guesses Neutrino and the interactions within the coworking space “will bring us one step closer to developing commercial applications for blockchain technology.”

In addition to sponsoring Neutrino, Mizuho will be a long–term tenant of the coworking space, and we look forward to finding applications for blockchain technology and being able to develop new business areas together with the wide variety of sponsors, members, and other specialists Neutrino plans to attract.
Mizuho,
Megabank, Japan

Mizuho has experimented and deployed a number of blockchain applications in record keeping, cross-border securities transactions, trade finance with tech partner IBM and document sharing.

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.