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Who is the person behind the competition? All the details are already mentioned on the website, but I’ll do a quick recap for you. He/she calls themselves Pip and wants to remain anonymous. This is for safety reasons. This part I completely understand. Who knows what syndicate or dark web types would arrange a kidnapping, hack, theft or who knows what if they knew who this person really was. Pip says he’s been mining BTC from the early days and is at a point in life where money is not a problem. To be able to give almost $2 million away and still say money is not a problem says a lot. Either he does not care about money or has much more BTC stored up. I think the second option is the biggest possibility. I’ve heard stories about how easy it was back in the day to mine BTC compared to 2018. This post gives a brief history of BTC mining. Has anyone cracked the code? For some reason, I get different sites or information on my mobile phone compared to my laptop. When browsing on my iPhone, it says that the 310 BTC has already been cracked together with a 0.1 BTC and 0.2 BTC. There is only a 0.31 BTC left. There is a note that more competitions could be launched in the future. Keep an eye on the site.
Home › Uncategories › Report: North Korea-Sponsored Hacks Comprise 65 Percent of Total Crypto Stolen

Report: North Korea-Sponsored Hacks Comprise 65 Percent of Total Crypto Stolen

By October 22, 2018 Add Comment Edit
San Francisco-based smart contract security startup Synthetic Minds has raised $5.5 million for its bid to roll out a technology that analyses blockchain networks for coding bugs. Announcing the news on Monday, Synthetic Minds said the round was backed by blockchain investment firm Pantera Capital and Khosla Ventures, a California-based venture capital firm focusing on internet startups. Founded in 2017, Synthetic Minds has just graduated from from startup accelerator Y Combinator's summer program, during which it also received investment and launched the first version of its technology. The company explained in its release that it is building its product using a computer science method called program synthesis, which is utilize by organizations dealing with high value and permanent programs, such as NASA with the space station and the Mars Rover. Since space applications and blockchains share these characteristics, Synthetic Minds turned to program synthesis to design automation technology that it claims is able to "analyze (read) and synthesize (write) computer code better than humans can." The tech would allow blockchain and smart contract developers to focus on higher-level aspects of design, while the product itself would detect and optimize technological bugs found in blockchain networks' code. The startup states in the release: "Eventually, using program synthesis we will be able to offload most of the programming for mission critical systems to software, leaving humans free to do high-level architectural design." The seed funding follows Pantera's recent news that it has launched its third crypto fund, with over $71 million committed from 90 investors. The venture firm has previously invested in major blockchain projects including zcash, ShapeShift, and more recently Bakkt, the crypto assets trading platform announced by ICE, the parent company of the New York Stock Exchange. Coding image via Shutterstock



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