Search Results for: Medical

Why Did the University of California San Francisco Pay Hackers $1.4 Million in Bitcoin?

The University of California, San Francisco (UCSF), has recently paid criminal hackers $1.14 million to resolve a ransomware attack. The university reportedly paid the amount in 116.4 Bitcoins worth over $1 million.   The Netwalker ransomware gang is believed to be responsible for the attack. Initially, the group demanded a $3 million ransom, but the UCSF … Continue reading Why Did the University of California San Francisco Pay Hackers $1.4 Million in Bitcoin?

Bitcoins Used in Facebook Scheme to Scam Suicidal Victims Into Buying Drugs

A cybercriminal ring operation has been inciting Facebook users to employ Bitcoin and other cryptocurrencies, in exchange for drugs. This investigative report from the UK depicts the strategic techniques used to track down the unknown villains operating behind this devious scheme.  Drugs in Exchange for Bitcoins and Crypto  Officials who posed as a Facebook user communicated with the drug dealer by asking … Continue reading Bitcoins Used in Facebook Scheme to Scam Suicidal Victims Into Buying Drugs

Cardano Announces Shelley Mainnet Launch for a More Secure and Fully Decentralized Future Leading to the “Voltaire” Era

When is the Cardano Shelley era coming? The blockchain engineering company behind Cardano, Input-Output (IOHK) announced in a blog post that the Shelley code was successfully implemented in Cardano’s mainnet. This announcement marks the biggest upgrade to the Cardano blockchain so far, with the deployment of the Shelley code confirmed to have been successfully released on the … Continue reading Cardano Announces Shelley Mainnet Launch for a More Secure and Fully Decentralized Future Leading to the “Voltaire” Era

Charles Hoskinson: Elon Musk Could Have an Opinion on the Cardano Network with its Delegated Democracy Governance Model

Input Output (IOHK) CEO and founder of Cardano Charles Hoskinson recently discussed the future of governance on the Cardano network in his YouTube video. The problem with governance is when large actors are able to decide, they could transform a protocol into something that would preserve the monopolies they already have.  Regarding the issues of … Continue reading Charles Hoskinson: Elon Musk Could Have an Opinion on the Cardano Network with its Delegated Democracy Governance Model

Deloitte Partners With Chronicled to Fight Counterfeit Medication Using Blockchain Technology

Leading big four firm Deloitte has partnered with Chronicled, a San Francisco tech company, to address medication fraud and counterfeit drugs through blockchain technology. Chronicled will provide its blockchain-enabled network dubbed MediLedger that has been instrumental in the healthcare and life sciences sector. Countering medication counterfeit amid COVID-19 The MediLedger network has helped propel efficiency, … Continue reading Deloitte Partners With Chronicled to Fight Counterfeit Medication Using Blockchain Technology

10,000 New Blockchain Companies Founded in China Despite COVID-19

COVID-19 has not prevented blockchain companies in China from emerging at a dramatic speed. Blockchain On the Rise in China Data from LongHash indicated that new blockchain firms have been emerging at a speedy rate despite the pandemic, and even recorded an all-time high in 2020. The data shows that the biggest number of founded … Continue reading 10,000 New Blockchain Companies Founded in China Despite COVID-19

Think Tank Releases Report on the Blockchain-Based Genetic Data Network

Think Tank, dGen, releases a new report entitled, “AI, Privacy, and Genomics: The Next Era of Drug Design”. It tackles the issue of privacy and access to genetic data for companies using AI to speed up and improve drug design. Where the average drug today takes 10-12 years and cost $2 billion, Covid-19 forced this … Continue reading Think Tank Releases Report on the Blockchain-Based Genetic Data Network

Blockchain Investments Declined 63% Due to COVID-19, Says New KPMG Report

Auditing firm KPMG has recently published its 2020 Global Emerging Technology Survey Report that identified a decline in investments into blockchain technology because of the coronavirus pandemic. However, the study predicts that the sector would be one of the industries, which would probably obtain the highest amount of investment in the next 12 months. The … Continue reading Blockchain Investments Declined 63% Due to COVID-19, Says New KPMG Report

MAXathon: An online hackathon to tackle global pandemic related challenges with blockchain technology!

An online hackathon to tackle global pandemic related challenges with blockchain technology! A global leader in the technology and blockchain industry, Maxonrow is thrilled to be hosting the first-ever MAXathon. This digital hackathon will challenge participants to reimagine the use and applications of blockchain for health and sanitary solutions in response to the COVID-19 pandemic. … Continue reading MAXathon: An online hackathon to tackle global pandemic related challenges with blockchain technology!

University of Utah Paid Out $450k to Ransomware Gang to Prevent Student Data Leak

The University of Utah paid a hefty sum of $457,059.24 to a ransomware gang to prevent compromised student data from being leaked online. The hush payment amounted to $$457,059.24. According to the University of Utah, computing servers in the school department of College of Social and Behavioral Science (CSBS) experienced a criminal ransomware attack on … Continue reading University of Utah Paid Out $450k to Ransomware Gang to Prevent Student Data Leak

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