Premature Monero hard fork

Monero hard fork to happen sooner due to an increased hashrate 
09 September 2017   1779

A planned Monero hard fork is to happen sooner due to an increased hashrate. 

As reported by coindesk.com, the hard fork originally planned for September 21st, is now likely to occur on September 16th. The question of whether to adjust the block number to prevent a premature fork was addressed at the developer meeting. Thus, the developers have decided to change the hard fork schedule.

As detailed, the hard fork is to introduce the mandatory use of so-called "ring confidential transactions" (RingCTs) on the network, though the majority of Monero users are already utilizing the currently optional technology.

Cryptocurrency chart on coinmarketcap.com
Cryptocurrency chart on coinmarketcap.com

At the time of writing, Monero occupies the eighth position in the list of cryptocurrencies by market capitalization, which currently stands at $1.72 billion and its token is worth about $114.

Crypto Investor to File Lawsuit Against AT&T

Michael Terpin believes that AT&T helped scammers to still his $24M worth crypto
16 August 2018   120

In the Los Angeles District Court, a 69-page lawsuit was filed by BitAngels founder Michael Terpin against the American telecom giant AT&T. Terpin claims that the operator assisted fraudsters in "stealing digital personal data" from the account on his smartphone, which is why he lost $ 24 million in cryptocurrency, according to an official release.

According to Terpin, for seven months, there were two hacks. Initially, an attacker got access to his phone number without providing a password or correct identification data. Later, the phone number was used to steal crypto.

AT&T’s studied indifference to protecting its customers’ privacy and financial assets is a metastasizing cancer, threatening hundreds of millions of unsuspecting AT&T’s customers. Our client had no idea when he initially signed up, nor when later he was promised the highest level of security for his account, that low-level retail employees with access to AT&T records, or people posing as them, can be bribed by criminals to override every system that AT&T advertises as unassailable.
 

Pierce O’Donnell
Lead counsel for Terpin in this complaint

Michael Terpin requires AT & T to pay him $ 224 million - $ 200 million for moral damages and $ 24 million for actual theft.