Omise Partners Thai Government on KYC Program

Thailand move forward to become one of the earliest countries to officially implement blockchain technology
19 February 2018   1313

According to the news, today Omise and the country’s Ministry of Digital Affairs had signed a Memorandum of Understanding. The two parties will collaborate to develop a nation-wide digital identity verification and online payment system.

With the use of Omise infrastructure, the Thai government will provide its citizens with a National Digital ID. It will reduce fraudulent behavior online and protect consumers. The system will also make online transactions more convenient, faster and more efficient.

OmiseGO founder Jun Hasegawa stated in his Twitter that the positive impact blockchain technology could have on Thai citizens.

At the moment, governments all over the world are weighing up blockchain advantages. The implementation of blockchain technology will likely take several years. However, today’s announcement is a sign that blockchain integration can be  made much more quickly. Digital identity verification is a central concern for governments, who are worried that cryptocurrency offers a way for individuals to circumvent financial legislation.

G Suite & Target Twitter Accounts Hacked

Scammers hacked verified G Suite and Target Twitter account to use it for another fake "crypto giveaway"; 5.8634 bitcoins received
14 November 2018   64

Twitter accounts of one of the leaders in US retail Target and Google G Suite services were hacked by unknown, who immediately announced the free giveaway of bitcoins. The legitimate owners returned access to their pages quickly enough, but fraudsters still managed to get about $ 30,000.

After hacking the account G Suite, which has more than 800k subscribers, announced the distribution of 10 000 BTC. As reported by The Next Web, this post was deleted after 10 minutes. At the moment, Google has not commented on the situation.

Scammers message
Scammers message

Account Target, which has a little less than 2M subscribers, announced the distribution of 5 000 BTC.

Representatives Target confirmed hack of account, starting an investigation into the circumstances of the incident.

Early this morning, our Twitter account was inappropriately accessed. The access lasted for approx. half an hour & one fake tweet was posted during that time about a bitcoin scam. We have regained control of the account, are in close contact with Twitter & are investigating now.

As exploers show, there were no transfers to the of hackers of the G Suite account. However, with the help of a post on the Target page, attackers were able to get 5.8634 bitcoins.