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Prominent Bitcoin exchange hacked wiping $65 million from wallets

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Prominent Bitcoin exchange Bitfinex was hacked Wednesday, leading to a rumoured loss of bitcoin worth up to $65 million.

The Hong Kong company halted trading on its website, where a notice states: “Today we discovered a security breach that requires us to halt all trading on Bitfinex, as well as halt all digital token deposits to and withdrawals from Bitfinex.”

Its website confirms that some of its users lost bitcoin. The company’s head of community and product development, Zane Tackett, has been answering questions on Reddit’s Bitcoin community forum, and stated that 119,756 bitcoin were lost.  Read more…

More about Bitfinex, Hong Kong, Bitcoin, and Tech
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Ms. A. C. Kennedy
My name is Ms A C Kennedy and I am a Health practitioner and Consultant by day and a serial blogger by night. I luv family, life and learning new things. I especially luv learning how to improve my business. I also luv helping and sharing my information with others. Don't forget to ask me anything!

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Autonomous delivery drone network set to take flight in Switzerland

Matternet has long used Switzerland as a testing ground for its delivery drone technology, and now it's ramping things up a notch. The company has revealed plans to launch the first permanent autonomous drone delivery network in Switzerland, where its flying robot couriers will shuttle blood and pathology samples between hospital facilities. The trick is the Matternet Station you see above: when a drone lands, the Station locks it into place and swaps out both the battery and the cargo (loaded into boxes by humans, who scan QR codes for access). Stations even have their own mechanisms to manage drone traffic if the skies are busy.

And the automation isn't just for the sake of cleverness -- it might be crucial to saving lives. Company chief Andreas Raptopoulos expects the drone network to transfer medical supplies within 30 minutes, and the reliability of a largely automated system means that hospitals don't have to worry about unpredictable delivery times (particularly on the ground).

Don't expect drones to blanket the skies. Matternet explains that there will only be one or two drones per network, and expansions to Germany and the UK will only happen once it's comfortable with Switzerland. The company got permission to fly over densely populated urban areas in March, if you want a sense of the time scales involved. Still, this is an honest-to-goodness example of a practical drone delivery network, and one performing crucial tasks at that -- this isn't just a nice-to-have luxury. If this network succeeds, it might persuade other countries to at least consider allowing drone networks..

Via: The Verge

Source: Matternet

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