NTOK platform to revolutionize the market of tutoring

New blockchain-based teaching platform promises to completely overhaul the market of private tutorin
20 March 2018   233

Many spheres of our day-to-day living have been influenced or even revolutionized by blockchain technology: from delivery of goods to AI development. And now the new startup plans to bring up to date one of the lagging behind sectors – private tutoring.

NTOK platform will make tutoring affordable and easy both for teachers and the students. High-quality learning environment with courses provided by prominent textbook publishers around the world.

The NTOK allows users to perform tokenization of their skills. Personal tokens are useful for tutors who want to promote their services and for students, who can raise funds for their education with a promise of future returns for the investors.

Online nature of the courses removes the need to waste time on the road and puts the users in the most comfortable learning environment – their own homes. One of the main advantages to the platfrom is connecting geographically remote teachers and students, while removing middlemen, who inflate rates and are disadvantageous to the whole process. The developers believe, that their ecosystem will make commercial study centers obsolete and reduce the lesson costs by 75%. The whitepaper goes on to boldly proclaim, that on the NTOK platform every student can find a tutor and every tutor can find a student.

The system is already in the alpha-testing stage and is used as an online English language school.

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MyEtherWallet DNS Servers Hacked

Number of MEW DNS servers have been replaced by unknown hackers for redirecting users to a phishing site; around $150k were stolen
25 April 2018   3

Users of MyEtherWallet lose around $152,000 worth of ether due to wallet's DNS servers hack.

Representatives of MyEtherWallet have already confirmed that a number of DNS servers have been replaced by unknown hackers for redirecting users to a phishing site. They also added that the problem arose not on the side of the service and at the moment they are trying to identify problem servers and resolve the situation.

MyEtherWallet Twitter
MyEtherWallet Twitter

Affected users used Reddit to report on the hack.

Went on to myetherwallet and saw that myetherwallet had [an] invalid connection certificate in the corner. As soon as I logged in, there was a countdown for about 10 seconds and A tx was made sending the available money I had on the wallet to another wallet  '0x1d50588C0aa11959A5c28831ce3DC5F1D3120d29.' I have no idea what happened.
 

rotistain at Reddit

Developers gave their advices.

Do not use myetherwallet.com if you're using Google Public DNS (8.8.8.8 / 8.8.4.4) at this moment. It seems these DNS servers are resolving the domain to a bad server that CAN steal your keys!
 

Micky Socaci

Lead developer, BlockBits. io

The official statement of MyEtherWallet said that the problem affected only those who used DNS-servers from Google. The service strongly encourages all users to use the server from Cloudfare.

Representatives of the resource also reminded users about the basic security rules: checking the SSL certificate, preferring the use of an offline copy of MyEtherWallet, storing crypto currency on hardware devices. In addition, they asked users to ignore scammers offering free distribution of ETH tokens.