Singapore to welcome World Digital Assets Summit

World Digital Assets Summit (WDAS) is coming to Singapore on May 1-3 to discuss the the state of the arising smart economy with brand new kind of assets
16 April 2018   355

FBG Capital is organizing a summit World Digital Assets 2018 in Singapore. The event will span from May 1-3 with the venue chosen at Ritz-Carlton Millenia. The summit is an inaugural conference that networks top-notch blockchain projects, developers and investors from all over the world. The mission of the conference is to conduct detail-rich discussions on the so-called "tokenomics" and its impact on the traditional economy. Basically, this event is going to an exclusive gathering with a group of diverse community leaders.

Topics to be covered at the summit include blockchain investment (venture capital/IPOs with ICOs), scalability (paths to achieve blockchain scalability), community (a pivotal part for a successful blockchain projects), privacy (blockchain privacy in a real-world adoption), exchanges (secrets and strategy of the cryptocurrency exchanges), crypto-trading (is crypto market efficient), interoperability (cooperation of verticalizing blockhains), decentralized exchanges (understanding decentralized exchanges) and others.

Among the notable speakers there are Binance CEO Changpeng Zhao, co-founder and COO of aelf Chen Zhuling, Ledger co-founder Thomas France and others. Agenda is yet to announced.

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Number of MEW DNS servers have been replaced by unknown hackers for redirecting users to a phishing site; around $150k were stolen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   5

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Representatives of MyEtherWallet have already confirmed that a number of DNS servers have been replaced by unknown hackers for redirecting users to a phishing site.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.