Vienna is hosting Crypto-Asset Summit 2018

The Crypto42 Token Investment Summit 2018 is taking place in Vienna on April 16 to discuss the state of Token Economy and network with leaders
09 April 2018   200

The Crypto42 Token Investment Summit 2018 is a networking event focused on the defining, trading, valuing. accounting, auditing and tax issues around cryptoassets. Crypto42 Token Investment Summit 2018 is calling upon international business professionals from blockchain based enterprises including CEO’s, auditors, accountants, venture capitalists, investors, regulators, attorneys & developers to network and collaborate to join the discussions. The summit will be held in Vienna, Austria on April 16. The summit is organized by FinTech Academy in cooperation with German Blockchain Association and University of Economics.

The agenda goes as follows:

  • 8:00 - 10:15 | session 1: welcome and status of the token market
  • 10:30 - 11:40 | session 2: status quo token regulation and industry impact
  • 11:40 - 12:30 | session 3: investment schemes and investors protection
  • 13:15 - 14:10 | session 4: FinTech and Digital Innovation - New EU Action Plan for the European FinTech Sector
  • 14:10 - 15:30 | session 5: how to value tokens?
  • 15:45 - 16:45 | session 6: how to account for and how to tax tokens
  • 16:45 - 17:45 | session 7: the vc perspective
  • 17:45 | session 8: wrap-up and outlook

Registered participants can join for free (beverages included)

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Number of MEW DNS servers have been replaced by unknown hackers for redirecting users to a phishing site; around $150k were stolen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   3

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Representatives of MyEtherWallet have already confirmed that a number of DNS servers have been replaced by unknown hackers for redirecting users to a phishing site.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