Skip to main content

MLB Team Washington Nationals Partners With Terra Blockchain Community, Ballpark Plans to Accept UST

On February 9, the American professional baseball team based in Washington, D.C., the Washington Nationals, announced the team has partnered with Terra, the open-source blockchain platform and decentralized autonomous organization (DAO). The Washington Nationals detail that the team is a “leading innovator” and is “consistently introducing new technologies to enhance the fan experience.” Washington Nationals Ink Long-Term Deal With Terra Major League Baseball (MLB) team the Washington Nationals has partnered with the blockchain platform and DAO Terra, according to an announcement published by the team on Wednesday. The deal with Terra follows a slew of sports-related deals with crypto firms, but the MLB team will be the first to partner with an open-source blockchain project. In addition to the partnership, the algorithmic stablecoin UST that’s issued on the Terra blockchain will be “accepted as a payment method at Nationals Park as early as next season.” “The Nationals continue t...

Ledger owners report chilling threats after 20K more records leaked

“Are you able to imagine all the possible consequences that can occur to you and your loved ones?” said the scammer.

Ledger users are receiving threatening emails in the wake of the hardware wallet manufacturer reporting that 20,000 more of its customers have been affected by another massive data breach.

One or more extortionists using the names Darrin Burlew and Denni Hornig have reportedly sent emails to users who say their personal information was released as a result of the data breach at Ledger in June and July of last year.

Reddit user Crypthomie, a former flight attendant based in the United Arab Emirates, said his Ledger owning father received a message today. The email included his name, home address, and phone number and demanded 0.3 Bitcoin (BTC) or 10 Ether (ETH) — worth roughly $12,000 — or he'd face physical violence. Crypthomie made headlines in the crypto space last by being unable to pay back a $100,000 loan to buy BTC at the height of the 2017 bull run.

“I am taking this very seriously and Ledger has made a very big mistake,” said the Redditor. “I know that those scammers sending emails by hundreds are just trying their luck by creating fear, but when it comes to the safety of your family it's another story.”

“Don't be fooled people, no one will come to your home to kill you but this feeling of insecurity is a scandal and Ledger has to do something about it.”

Other Ledger users report receiving similar emails with demands for a crypto ransom to be paid within 24 hours or they will face “horrifying” consequences.

“Are you able to imagine all the possible consequences that can occur to you and your loved ones?” said the scammer in another email. "I hope you do not ruin every little thing for yourself by making the wrong choice.”

While real world attacks to steal cryptocurrency are much rarer than hacks or scams, they do occur. Bitcoin engineer Jameson Lopp (who lives off the grid) maintains a list of news articles reporting attacks in “meatspace” to steal cryptocurrency.

The threats came a day after Ledger announced that data from roughly 20,000 more users had been leaked via Shopify, blaming “rogue members” the platform’s support team.

The original data breach in June and July 2020 included 1,075,382 email addresses from users subscribed to the Ledger newsletter, and the personal information (including home addresses) of 272,853 hardware wallet orders. Cointelegraph reported last month that the hackers responsible for the breach had made all the Ledger customers’ information publicly available, increasing the risk of phishing attacks, blackmail, and kidnapping.

In response to these attacks, Ledger stated it would be working with analytics firm Chainalysis and others to keep track of the scammers’ wallets. Ledger said it will report any illicit transactions to law enforcement, at which time it may be able to “freeze the crypto assets should they land on exchanges.” Ledger has also arranged a bounty of 10 BTC — roughly $390,000 at the time of publication — ”for information leading to successful arrest and prosecution” of the scammers.

However, some Ledger users who believe they are still at risk seem unsatisfied with the firm’s response, expressing incredulity over the lack of security and demanding compensation.

“That 10 BTC bounty fund should be given to the affected customers and not the bounty hunter,” said Twitter user CryptoPilot2.

Others pointed out the irony in a firm offering high-end crypto security suffering such a massive data breach. "I was about to buy your wallet and saw the news the next day,” said user illtech8.

“Your entire brand is based upon trust, and now nobody trusts you. There isn't a recovery from this.”
https://ift.tt/3icLwug

Comments

Popular posts from this blog

Top 3 Rebase Token Markets Shudder — Stats Show TIME, OHM, BTRFLY Lost Billions Since All-Time Highs

While the crypto economy has shed more than 3% in fiat value during the last 24 hours dropping to $2.09 trillion, the top rebase tokens by market capitalization have seen significant losses this week. At the time of writing, the rebase token economy is valued at over $3.2 billion but has lost more than 10% in value during the last 24 hours. The largest rebase token economies such as Wonderland, Olympus, and Redacted Cartel have shed between 36% to 55% over the last week. Top 3 Rebase Token Protocols Shed Billions in Value Over the Last Week, Wonderland Down 87% Since High On the first day of November 2021, Bitcoin.com News took a deep dive into the Olympus DAO and the reserve-backed asset called OHM . Olympus is a decentralized finance (defi) project that is described as a rebase token and since Olympus started, a myriad of Olympus forks have been born. Essentially, rebase token protocols adjust the token supply in a periodic fashion or when the price fluctuates. Olympus was once ...

MLB Team Washington Nationals Partners With Terra Blockchain Community, Ballpark Plans to Accept UST

On February 9, the American professional baseball team based in Washington, D.C., the Washington Nationals, announced the team has partnered with Terra, the open-source blockchain platform and decentralized autonomous organization (DAO). The Washington Nationals detail that the team is a “leading innovator” and is “consistently introducing new technologies to enhance the fan experience.” Washington Nationals Ink Long-Term Deal With Terra Major League Baseball (MLB) team the Washington Nationals has partnered with the blockchain platform and DAO Terra, according to an announcement published by the team on Wednesday. The deal with Terra follows a slew of sports-related deals with crypto firms, but the MLB team will be the first to partner with an open-source blockchain project. In addition to the partnership, the algorithmic stablecoin UST that’s issued on the Terra blockchain will be “accepted as a payment method at Nationals Park as early as next season.” “The Nationals continue t...

Blockchain Software Firm Consensys Acquires Mycrypto Ethereum Wallet

On February 1, the blockchain infrastructure firm Consensys has revealed it has acquired the Ethereum-based wallet Mycrypto and plans to merge the wallet into Metamask. The price Consensys paid for Mycrypto was not disclosed but the announcement notes that the acquisition will “further improve the security of all the products.” Consensys Obtains Mycrypto Ethereum Wallet, Plans to Merge With Metamask in the Future Consensys has acquired the Ethereum-based wallet Mycrypto for an undisclosed sum according to an announcement released on Tuesday. The deal aims to strengthen the company’s Ethereum wallet Metamask and “enhance Web3 experiences.” The eventual merger between the two Ethereum interfaces will “provide users with a heightened experience that is even more extensive and secure,” according to Consensys. Consensys is an Ethereum software company led by one of the Ethereum co-founders Joseph Lubin. The Web3 wallet Metamask, with 21 million monthly active users (MAUs) is owned by C...