Overwhelming majority of crypto apps are insecure

The security firm from San Francisco announced results of its investigation
29 November 2017   774

Conclusions of a research made by High-Tech Bridge company prove that 90% of existing mobile cryptowallets are insecure. They came to that decision after a detailed review of more than 2000 apps. After analyzing of the 30 first available apps the researchers found out that more than 90% of them have at least two insecure disadvantages.

During the process of exploring most popular apps with over 500,000 total installations High-Tech Bridge defined that they are a shade better and little bit more secure but also have minuses. 77% of them contain two “high-risk” disadvantages.

As the researchers noted, prevailing vulnerabilities are unprotected data storage and failures of encrypting systems. All these mistakes put information security in danger.

The founder of High-Tech Bridge Ilia Kolochenko conceives that such problems are the result of inadequate attention to safety and security of mobile apps. He added that it was only the tip of the iceberg.

A special company’s tool named Mobile X-Ray, which was used during the research, is at free access and any interested person can plug it in and check the security of crypto apps.

Round 1 of TOP Network IEO Ended in 7 sec

Initial exchange offering took place at Huobi Prime platform
26 March 2019   73

The initial exchange placement (IEO) of the TOP Network project on the Huobi Prime platform that started today attracted no less attention than the similar campaigns on the Binance Launchpad. This is evidenced by the speed with which all the tokens allocated for the first round were purchased.

A number of investors in social networks reported technical problems that prevented the purchase of tokens, which, as in the case of the Binance Launchpad, are likely to be caused by an excessive load on the stock exchange infrastructure during the crowdsale.

The next round starts at 3/26 21:30 UTC+8, despite the fact that users did not use the 20 minutes set aside for trading, TOP Network reports.

For the two following rounds, 450,000,000 TOP and 750,000,000 TOP were allocated, respectively.