Sentinel Chain ICO Investors' Personal Data Leacked

Shortly after the vulnerability discovered, Sentinel Team reported to police on the investor, who found the vulnerability
08 February 2018   153

Sentinel Chain startup launched its tokensale in the beginning of this week, but was forced to stop it immediatelly.

Soon after the start on February 5, it became known that due to the vulnerability in the system of identification of investors, their personal data, passport scans and details of correspondence leacked into the network.

At around 00:15 GMT, one of our registered Sentinel participants notified us of the vulnerability on our website.

All personal information submitted such as e-mail addresses, passwords or Ethereum public addresses, were encrypted on our database. However, a vulnerability on our registration site had allowed some of the uploaded files to be accessed by another registered user.

Roy Lai

CEO, Sentinel Chain

According to Sentinel, at least 15 participants attempted to take advantage of the vulnerability.

After our thorough investigations, we can confirm that this incident was an unintentional and accidental discovery. We have gained their compliance and co-operation to destroy the files. We have no evidence to suggest that this was a malicious attack.
As required by law and on the advice of our legal advisors, we also have notified the relevant authorities, government and law enforcement agencies.
At the same time, the team identified the 21 registered participants who have been affected by the incident. Over the past couple of days, I have been personally reaching out to them to assure them that we are taking all necessary steps to protect their personal information.

Roy Lai

CEO, Sentinel Chain

An ICO participant that spotted the vulnerability said in the Reddit message (now deleted, available at Web Archive) that organizers of ICO reported to police about him.

A couple hours later I received an e-mail from InfoCorp, the company that owns Sentinel Chain saying that they have notified the relevant authorities and that they are in consultation with their legal advisors on pursuing such unauthorised access to the maximum extent permitted at law including under the Computer Misuse and Cybersecurity Act (Chapter 50A). As a thank you for reporting the vurnability I got a police investigation.

notarealhacker at Reddit

Sentinel Chain intends to resume ICO on February 10. Despite the support of the Singapore fiinte-startup InfoCorp and cooperation with the well-known VeChain crypto currency project, this incident is likely to scare away potential investors. 

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Gnosis to Hold Technical Meetup in London

The event headlined "How to build decentralized prediction markets?", organized by Gnosis and The Blockchain Connector, will be held in London, UK, on February 22, 2018
22 February 2018   119

Gnosis aims to build revolutionary market-driven forecasting technology to let users shape the future. It is built on Ethereum, a next generation blockchain protocol enabling advanced smart contracts. 

The event headlined "How to build decentralized prediction markets?", being a collaboration of Gnosis, The Blockchain Connector and King’s College London Blockchain Society, will be held in London, UK, on February 22, 2018.

Gnosis blockchain conference in LondonGnosis Technical Meetup in London Announcement

Location: King's College London, Room BH (S) -1.01, Bush House Auditorium, Ground Floor, 30 Aldwych, London, WC2B 4BG
Date and time: 6:00 PM – 9:00 PM GMT, February 22, 2018

The presentation will cover technical details of the Gnosis platform and how developers can get started building their own application on Gnosis. Moreover, future technical challenges to bring Gnosis to the masses will be discussed and possible solutions will be presented.

The headline speaker is Stefan George, Gnosis CTO, who wrote the crowdfunding campaigns for Gnosis and SingularDTV and the multisig-wallet which became a standard for ICOs today.

The event is held for software engineers, software architects and computer science/software engineering students only, and everyone who wants to participate is required to register beforehead.