Crypto exchange QuickBit based in Sweden, officially confirmed the data leak of 300,000 records that were exposed to the public by a contractor of the company while there was a security update as noted in the reports in the altcoin news today.
The Swedish crypto exchange QuickBit is now listed on the NGM Nordic MTF stock market and even saw its MongoDB database released to the public without the need of any authentication. The data leak however was discovered by Comparitech which is a tech company and the research Bob Diachenko on July 2. According to their findings, Quickbit’s database was leaked on June 28 when it was first managed by the security manager Shodan.
After the security researches discovered the data leak, the alerted the exchange immediately and after their conversions, the exchange initiated a full security audit and published a report of the incident on July 19. Comparitech claims that they know the number of records that were exposed in the data leak but it still remains a question how many actually users were affected in the incident. The researches also were unsure whether any malicious parties were able to gain access or copied the information from the leaked database during the period that they were exposed to the public.
As noted in some of the best cryptocurrency news sites, the exposed database included about 301,470 records including transactions that were conducted on the crypto exchange’s platform. The sensitive information contains full names and addresses, dates of birth and emails and many financial information as the credit card numbers and such. The Comparitech researchers say that the criminals can now use the information to take over accounts and carry out identity theft:
“For example, a criminal might be able to use the last four digits of your credit card, along with your name, address, and date of birth, to convince a wireless carrier that they are an account holder for your account.’’
Comparitech also discovered about 143 leaked records that contained secret keys, user IDs and secret phrases which the malicious parties can use and full take over their accounts:
“QuickBit’s technicians have immediately taken steps to ensure that all servers are protected behind firewalls, and prevent the possibility of similar incidents.’’
NASA Is Hiring A Data Scientist With Crypto/DLT Background
"The Data Scientist will be a member of the Chief Technology and Innovation Office, working with all of JPL. Will be detail-oriented Big Data Scientist who loves discovering trends where none were visible before. The successful candidate will be a self-starter who possesses a strong desire and experience developing, implementing, and maintaining a program of predictive analytics," the job listing notes.As many best cryptocurrency news sites reported, NASA is hiring a specific data scientist and has received a handful of applications. What's interesting is the related fields which NASA created in the job listing too, adding that the candidate should know big data, machine learning, Internet of Things, analytics, statistics and cloud computing and others. Cryptocurrency and blockchain technology are seen as a big plus, the ad says.
"The Data Scientist will be responsible for designing and implementing a program for analyzing complex, large-scale data sets used for modelling, data mining, research, and predictive analysis purposes," the job listing also notes, clearly stating that the candidate needs to be creative, tenant, curious and have deep technical skills.In other words, NASA is hiring a data scientist that will know how to design and implement programs for analyzing complex, large-scale data sets used for research, modelling, data mining and predictive analysis, as the agency wrote. However, reports in the Bitcoin and altcoin news show that the major global aerospace agency is not new to blockchain technology. In fact, in January 2019 NASA proposed an air traffic management blockchain framework to enable secure, private and anonymous communication with air traffic services. In April last year, NASA also awarded a grant supporting the development of an autonomous spacecraft which could implement blockchain technology to make decisions without any human intervention.
The German Government Establishes A Sound Blockchain Strategy
“The young and innovative blockchain ecosystem in Germany should be preserved and continue to grow. Germany should be an attractive location for the development of blockchain applications and investments in their scaling. At the same time, large companies, small and medium-sized enterprises and startups, as well as the public sector, countries, civil society organizations, and citizens should be enabled to make informed decisions about the use of technology.”In order to achieve its newly outlined blockchain goals, the German government said that one effort that it wants to undertake is devising an “investment and growth-oriented regulatory framework” geared to the domestic crypto economy. This way, the markets could “work without state intervention and the principle of sustainability is guaranteed.” Furthermore, the ministries noted that they were going to take a multi-pronged approach towards becoming a blockchain hub. As many best cryptocurrency news sites noted, Germany is looking to promote entrepreneurs, encourage investments, guarantee stability, enable fair competition, support stakeholders and foster international cooperation in the attempt to bring blockchain to the masses. All of these goals were created through consultations with officials of the German government - and more than 150 crypto economy stakeholders over the past few months. The task at hand is now putting everything into action.
“At the European and international level, the Federal Government will work to ensure that stablecoins do not become an alternative to state currencies,” the strategy document read.The grand question for now is whether other smaller European countries will follow Germany's (and France's) lead in taking a strict stance towards blockchain innovation.
CJ Korea Develops A Blockchain-Based Music Copyright System
“It is very important to have a system that guarantees fairness and transparency among copyright stakeholders,” said Kim Eung-do, the director of the DT Convergence Research Institute at CJ OliveNetworks in a report which was published in the business outlet Hankyung.As he also noted, “the blockchain-based copyright management system will greatly contribute to improving the copyright management process.” Meanwhile, CJ Korea is South Korea's 14 largest conglomerate and has 31 trillion won ($25.9 billion) in assets as the latest Fair Trade Commission data report shows. The business lines include everything from food and beverage to logistics, beauty stores, IT, entertainment and a cinema chain. On the other hand, the latest cryptocurrency news show that CJ OliveNetworks operates OliveYoung, who is one of the country's K-beauty leaders. He has an IT division doing everything from Internet of Things (IoT) to cloud computing to Big Data. However, a decision was announced in April to split the two and transfer the IT division to CJ Korea Corp. Meanwhile, Amazon Web Services (AWS) became available in Korea in 2016. 2019 was the year when it started offering the Managed Blockchain to the public, following the introduction of the service back in 2018. So far, AT&T, Nestle and Accenture are among the respected clients of the service.
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