White Hat Hackers to Search Crypto Stolen from Coincheck

The hackers helped to investigate the theft from the Tokyo-based exchange
22 February 2018   559

The White hat hackers have assisted authorities and encouraged others to join in providing aid. One of the hackers, known by the Twitter handle JK17 managed to identify the accounts that the stolen money was sent to shortly after the breach.

The NEM foundation was informed about that. Currently, the accounts has been marked and are being monitored. At the moment, the crypto have been moved to over 400 accounts including some owned by innocent holders. It was made in order to confuse trackers.

According to the report, more white hats hackers join the investigation. The hackers have been highly effective in locating and flagging the accounts where the stolen NEM has been moved to. Unfortunately, the owners of the accounts are not identified.

Police are trying to analyze access logs in Coincheck’s system in an attempt to identify the culprits but this process needs a lot of time. It is believed that, the stolen crypto have been exchanged for Bitcoin and other cryptocurrencies using the dark web.

However, the hacker’s help seems to be a positive side of this controversial sphere.

The incident has created a negative image of virtual currencies, but I believe they can make a huge difference in the way we transmit data and handle business.

White hat hacker

Unibright and NEM to Join Forces

Result of the partnership should be the creation of the possibility of generating NEM-oriented code in the Unibright framework
09 August 2018   264

The platform for integrating the blockchain into the business processes Unibright and the NEM Foundation announced a strategic partnership.

Representatives of the team Unibright said that the result of the partnership should be the creation of the possibility of generating NEM-oriented code in the Unibright framework and joining Unibright to the NEMsp service partnership program.

In addition, the partnership suggests:

  • adding NEM as a target of Unibrights automatic blockchain code generation
  • adding NEM adapters to Unibright’s integration plattform to connect NEM architectures to existing IT landscapes
  • qualifying Unibright as an official NEM Service Partner by training and certification through the Global NEMsp Network.
  • working together on common customer projects, case studies and proof of concepts with industry partners and clients

The NEMsp Network is a scalable and repeatable program designed to expedite the adoption of NEM globally while creating value for our partners. Companies won’t need to have any internal technical staff to be able to build on the NEM Blockchain because a project can be completely developed and deployed by a NEMsp. Unibright puts that development on an even higher level by generating code automatically, and thus are a perfect fit to the NEMsp network. We look forward to a long and mutually beneficial relationship with Unibright.
 

Kristof Van de Rek

Interim President, NEM.io

Unibright already cooperates with Lufthansa.