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...

T-Mobile looking into potential hack of data on 100 million customers

The hacker purportedly plans to sell a subset of their stolen information 6 BTC ($286,000).

U.S. telecom giant T-Mobile is looking into an alleged massive data breach that may have compromised more than 100 million users.

According to Vice's Motherboard, T-Mobile is investigating an alleged data breach claimed by the author of the post on an underground forum. The Aug. 15 report says the hacker claims to have obtained data on more than 100 million customers from T-Mobile servers.

The seller is asking for 6 BTC — approximately $287,000 at current prices, in exchange for some of the data.

Motherboard has seen samples of the data which include social security numbers, phone numbers, names, physical addresses, unique IMEI numbers and driver license information.

The seller told the outlet that they are privately selling most of the data at the moment, but will hand over a subset of the data containing 30 million social security numbers and driver licenses for the BTC ransom.

Referring to T-Mobile's alert and potential response to the breach, the hacker said “I think they already found out because we lost access to the backdoored servers.”

A T-Mobile spokesperson said that the company is “aware of claims made in an underground forum” and is "actively investigating their validity” adding: “We do not have any additional information to share at this time.”

Related: Ledger users threaten legal action after hacker dumps personal data

It is not the first time T-Mobile has been at the center of a cyber-security scandal. In February, the mobile carrier was sued by a victim who lost $450,000 in Bitcoin in a SIM-swap attack.

A SIM-swap attack occurs when the victim’s cell phone number is stolen. This can then be used to hijack the victim's online financial and social media accounts by intercepting automated messages or phone calls that are used for two-factor authentication security measures.

In this case, the victim Calvin Cheng accused T-Mobile of failing to implement adequate security policies to prevent unauthorized access to its customers' accounts.

T-Mobile was also sued in July 2020 by the CEO of a crypto firm over a series of SIM-swaps that resulted in the loss of $8.7 million worth of digital assets.

In April this year, hardware wallet manufacturer, Ledger, faced a class-action lawsuit regarding the major data breach that saw the personal data of 270,000 customers stolen between April and June 2020.

https://ift.tt/3m7QyMK

Comments

Popular posts from this blog

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...

Year of sponsorships: Celebrities who embraced crypto in 2021

From Matt Damon appearing in a TV spot for Crypto.com to Kim Kardashian shilling EthereumMax, 2021 saw celebrities with higher profiles getting into crypto. Though the crypto space has seemingly moved beyond the endorsements many minor celebrities bestowed on token projects during the 2018 initial coin offering boom, its growing popularity and acceptance now has professional sports players, Hollywood elites and politicians backing major companies dealing with digital assets. In June 2021, Kim Kardashian promoted EthereumMax (EMAX) via an Instagram story shared with  her more than 200 million followers . The token, which was used as payment for online ticket purchases for some pay-per-view events, gained 116,000% in just one week following the celebrity’s activity before falling more than 99% and leaving many investors in the red. Kim Kardashian promoting EthereumMax on Instagram Stories, June 2021. Source: Instagram Though EthereumMax is somewhat of a cautionary tale for cry...

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 ...