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Ambisafe Wallets Unaffected by Critical Parity Multi-Sig Vulnerability

Ethereum Press Release: Following the recent vulnerability found in Parity wallets, Ambisafe reassures the public about their multi-sig solutions.

SAN FRANCISCO, Nov. 10, 2017 – Ambisafe offers reassurance that multisig accounts using their proprietary software are not susceptible to the vulnerability currently affecting the Parity wallet.

ICOs deployed after July 2017 may permanently lose access to their funds if they utilized Parity’s services for storing their coins, according to an article published by TechCrunch. Though there are currently no reports of lost or stolen coins, analysts estimate that at least 600,000 ETH have been made inaccessible due to the bug.

It is the second time this year that multisig wallets from Parity have experienced vulnerabilities in their implementation. In July, a similar bug led to 150,000 ETH being stolen from Parity-based wallets. Ambisafe closely followed the events, and even offered their support during this summer’s attack.

We take this as an opportunity to exercise perspective-taking.” said Oleksii Matiiasevych, Ethereum Engineer at Ambisafe.

From the beginning, Ambisafe’s implementations have been built with resilience in mind. This foresight paid off Wednesday, as they announced that ICOs using their wallets have been unaffected, and all of their coins remain accessible. Ambisafe is currently one of the only provider of multisig wallets that can be safely used to store Ethereum and other ERC20 tokens.

Ambisafe is an Ethereum token platform, providing token issuance services and related API’s. In addition to token creation, they offer a variety of ICO services, including engineering, design, and marketing. White label multi-sig wallets are one of the company’s most in-demand services. Ambisafe wallets are web based, with a mobile-ready api that allows for easy integration with mobile apps. ICOs by Ambisafe are visible on their custom blockchain explorer, and may benefit from instant liquidity.

Branded wallets from Ambisafe focus on user security, offering SecondFactor authentication, secure password recovery, and multisig. All white label wallets feature customizable design and branding, the ability to store multiple Token assets in each user’s wallet, an internal bitcoin exchange, and a variety of merchant tools for integrating payments online.

More information about Ambisafe is available at – https://www.ambisafe.co/
Ambisafe on Facebook – https://www.facebook.com/ambisafeco
Follow Ambisafe on Twitter at – https://twitter.com/ambisafeco
Company information on Linkedin — https://www.linkedin.com/company-beta/6396069/
Youtube Channel – https://www.youtube.com/channel/UC29vWLwoXWuu71bD43TVhpQ

Media Contact
Contact Name: Karla Vilhelem
Contact Email: kvilhelem@ambisafe-financial.com
Location: San Francisco, CA

Ambisafe is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

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The post Ambisafe Wallets Unaffected by Critical Parity Multi-Sig Vulnerability appeared first on Bitcoin PR Buzz.

Source: Bitcoin Press Releases
Ambisafe Wallets Unaffected by Critical Parity Multi-Sig Vulnerability

Hacken: The First Decentralized Marketplace for White Hat Hackers

Bitcoin Press Release: Hacken, a cybersecurity marketplace for bug bounties launches pre-sale, starting September 18, 2017, with 30% bonuses for early contributors. For more information, visit https://hacken.io/.

September 22, 2017, Kyiv, Ukraine — Hacken, an innovative cryptocurrency platform focused on creating a cybersecurity ecosystem for hat hackers, has announced that the crowdsale for its HKN tokens will open to the public on October 12, 2017.

The pre-sale started on September 18 and will last until September 24. Pre-sale participants will get a 30 percent early bird bonus. If you believe in the future of Hacken, you will want to take advantage of this offer before it ends. You can find details on the pre-sale and the upcoming token sale at https://hacken.io/.

Strengthening the Cybersecurity and Cryptocurrency Industries With Hacken

Cybersecurity and cryptocurrencies are hot topics right now. According to CyberSeek, there are more than 348,000 open cybersecurity positions in 2017, and this number is set to hit 1.8 million by 2022. However, there is not enough supply to meet the high demand in the market, especially for penetration testing and bug bounty programs. Hacken plans to change that.

HackIT conference director and Hacken team member Vladimir Taratushka said:

“The ultimate goal of the Hacken ecosystem is to create a generation of hackers to whom what Oleksii did is entirely normal, the only acceptable life scenario.”

Hacken aims to meet that emerging demand, receiving recognition and early success for the team’s efforts. On September 19, Hacken won 2nd place out of 25 projects competing in the d10e ICO Pitch Challenge in Kyiv. The team won 33 BTC and earned more public attention, motivating them to produce more innovation and improvements. You can watch the Hacken pitch here: https://youtu.be/H5eg-9njErE.

Hacken Ecosystem

Hacken is building a sound, regional cyber defense system, tailormade for the blockchain. The platform is set to adjust itself to the cybersecurity challenges that will undoubtedly appear within the next decade. The company will use Blockchain technology and smart contracts to store product data, conduct research audits, and issue HackenProof Vulnerabilities and Countermeasures Certificates.

The Accelerator

The Hacken Accelerator is an initiative program started by Hacken in collaboration with 1991 Incubator. In the Accelerator, startups will be mentored by the pros of Ukrainian and global cybersecurity companies. The six-month program hopes to address the shortage of practice and piloting, as well as the sustainability of cyber startups in Ukraine.

HKN Token

Hacken Tokens can be used within the Hacken ecosystem to make new investments via Hacken Accelerator and orders via HackenProof Unreported Zero-Day Remuneration Platform and the Cybersecurity Analytics Center. Community members will also get rewarded in HKNs, which provides positive liquidity and low volatility.

The platform will mine a total of 20 million HKN tokens, which will be made available for sale at a price of $1.00 per HKN. Participants in the token sale can purchase them against BTC and ETH. For more details visit hacken.io.

Hacken CFO Dmytro Budorin, while commenting on the platform’s advantages, said:

“The alternative we are promoting is launching a legitimate business and halting being dependent on the Don who pays for petty dirty jobs. Boosting expertise in this area is a matter of survival for European countries.”

The Hacken Team

Bright leadership, together with strategic partnerships, will ensure the future success of Hacken. Its outstanding leadership includes:

  • Dmytro Budorin (CFO and Lead Manager of Hacken) — one of the top executives within Ukraine’s military defense industry and ACCA for Deloitte for eight years and Mykyta Knysh (Community Director).
  • Ambisafe — technical advisor is the technical advisor in the venture.
  • Oleksii Matiiasevych — EDCC architect at Ambisafe. Matiiasevych is directly involved with White Hat Hack activities. On July 19, 2017, Oleksii discovered a critical vulnerability during the Parity Ethereum wallet Attack and together with the White Hat Group, he ended up saving $1.4 million worth of ETH from the compromised wallets.

About Hacken

The goal of the Hacken ecosystem is to lay down a framework for creating a stable means of income and financial incentives for its members. It is designed to stimulate the emergence of a vibrant cybersecurity industry. The Hacken team’s mission is to develop a resourceful and ethical expert community. This goal falls directly in line with their broader vision to launch a global movement that will succeed in deterring and countering international cybercrime.

Learn more about Hacken athttps://hacken.io/
Follow Hacken on Twitter athttps://twitter.com/Hacken_io
Read the blog posts onhttps://medium.com/@hacken
Find Hacken on Facebook athttps://www.facebook.com/hacken.io
Join the Hacken Telegram group athttps://t.me/hackenio
Hacken BitcoinTalk threadhttps://bitcointalk.org/index.php?topic=2135278
Hacken Youtube channelhttps://www.youtube.com/channel/UCEQ4srOLODIzXWPrkug5bMg

Media Contact

Contact Name: Dmytro Budorin
Contact Email: dbudorin@gmail.com
Location: Kyiv, Ukraine

Hacken is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

About Bitcoin PR Buzz:

Bitcoin PR Buzz has been proudly serving the PR and marketing needs of Bitcoin and digital currency tech start-ups for over 5 years. Get your own professional Bitcoin Press Release. Click here for more information about Bitcoin PR.

The post Hacken: The First Decentralized Marketplace for White Hat Hackers appeared first on Bitcoin PR Buzz.

Source: Bitcoin Press Releases
Hacken: The First Decentralized Marketplace for White Hat Hackers

Ambisafe Announces Orderbook – an Innovative Trading Platform for Ethereum-based ICO Tokens

Ambisafe, an Ethereum asset management platform has just announced its newest development – Orderbook, a trading platform for Ethereum-based ICO tokens.

Ambisafe has helped to launch successful ICOs for several blockchain companies, particularly Polybius, TaaS, and Chronobank. The Polybius ICO has so far raised over $21.2 million dollars, whilst the TaaS ICO has raised over $7.5 million dollars with over 3,900 investors.

Orderbook, a new venture organized by the team behind Ambisafe, is a trading platform for Ethereum-based ICO tokens. Through this trading platform, ICO participants can take advantage of cutting edge security, in which all critical operations are executed via Ethereum smart contracts, and all assets will be held “on-chain”.

All asset information will be available on the platform including dividend history, trading protocols, transaction volumes and analytics from trusted cryptocurrency sources.

Furthermore, The Orderbook exchange platform will streamline operations and ensure transparency for both ICO founders and traders. Since the platform is implemented as a set of smart contracts, all trade history will be available for audit to ensure that there are no fraudulent manipulations. The unique trading interface will contain additional information about companies and provide the ability to receive dividends directly for traders, thus creating an efficient, transparent and versatile environment for the cryptocurrency industry.

To learn more about Orderbook:
● Website: https://orderbook.io/
● Facebook: https://www.facebook.com/orderbookio
● Twitter: https://twitter.com/orderbook_io
● Telegram: https://t.me/joinchat/AAAAAA2i5AUMn3RpatYG5Q

Please note that Orderbook will be launched as alpha version which may include minor bugs and non-critical issues.

Media Contactmedia@orderbook.io

 

Ambisafe is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to FDIC and other consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

The post Ambisafe Announces Orderbook – an Innovative Trading Platform for Ethereum-based ICO Tokens appeared first on Bitcoin PR Buzz.

Source: Bitcoin Press Releases
Ambisafe Announces Orderbook – an Innovative Trading Platform for Ethereum-based ICO Tokens