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Hacker Steals At Least USD 150,000 From Potential Experty Investors
According to BleepingComputer.com, a hacker has stolen at least USD 150,000-worth of Ethereum from Experty’s potential ICO investors. The hacker tricked investors into sending Ethereum funds to the wrong wallet address by sending emails with a fake pre-ICO sale announcement to Experty’s email subscribers. At one point yesterday, the hacker’s Ether wallet address held over USD 150,000 worth of funds, received from 71 transactions.
ConsenSys and Amalto Announce Joint Venture, Ondiflo, to Create Ethereum-Based Blockchain for Oil and Gas Industry
According to Forbes, ConsenSys and Amalto have announced a joint venture, called Ondiflo, to develop an Ethereum-based blockchain platform in the oil and gas industry. Specifically, this platform will facilitate the automation of ticket-based order-to-cash processes. Key stakeholders will meet in Houston, Texas on February 15, 2018 to agree on the final structure of Ondiflo.
U.S.’s NIST Releases Educational Document on Blockchain Technology for Beginners
As reported by CoinDesk, the U.S.’s National Institute of Standards and Technology (NIST) has released an introductory overview of blockchain technology that aims to “clarify the central characteristics of the technology, its limitations, and common misconceptions.” The document is written for beginners in blockchain technology and organizations considering adopting the technology. The document also identifies the most common misconceptions about the blockchain technology as they relate to control, identity management, and trust.
Australia’s Largest Gold Refiner, Perth Mint, to Create Gold-Backed Cryptocurrency
Perth Mint, the largest gold refiner in Australia, has announced to develop its own cryptocurrency backed by physical gold. As reported by Bitcoin News, the company believes that its gold-backed cryptocurrency will have greater price stability than unbacked virtual currencies. There is no release date planned yet.