September 11, 2026

Capitalizations Index – B ∞/21M

3 Companies Locking Out Hackers for Good with REMME’s Unbreakable Cybersecurity Platform

3 Companies Locking Out Hackers for Good with REMME’s Unbreakable Cybersecurity Platform
3 Companies Locking Out Hackers for Good with REMME’s Unbreakable Cybersecurity Platform

Did you know that 81 percent of hacks happen due to stolen or weak passwords?

It takes just ten minutes to crack a six-character, lowercase password.

That’s why REMME aims to provide next-gen access protection by making passwords obsolete. It relies on distributed Public Key Infrastructure protocol and a set of DApps on top of it. Rather than creating a password, each user has a specific SSL/TLS certificate – managed on the blockchain – for each device.

Three of REMME’s client companies are locking out hackers for good.

Constitutional Health

Cyber criminals love to target hospitals due to their vast amounts of patient data, including names, birth dates, insurance numbers, diagnosis codes, and billing information – all more valuable than a credit card.

Black marketeers can use this information to create fake IDs to purchase drugs or file fake insurance claims.

In this environment, Constitutional Health uses patient input and larger health sets to customize individual health plans using a digital model. Because it relies heavily on patient information, Constitutional Health has collected thick files of patient data for which it guarantees protection and 100 percent confidentiality.

A US-based operator of an Artificial Intelligence-infused health information database, Constitutional Health implemented the REMME solution as a module on its WordPress-based website and as an add-on for its SSL certificate technology.

REMME’s distributed blockchain technology replaced a central database and added two-factor authorization as an additional layer of security. Data no longer sits on the server. Instead, it is stored in the certificate, and the data container is signed with the master key of the master administrator.

Hotmine

Ukraine-based Hotmine develops products that use cgminer chips such as the 16 nm found in the microminer project. For cgminer to connect with mining pools, it uses the Stratum protocol which is the de-facto mining communication protocol used by blockchain-based cryptocurrency systems that enables miners to reliably and efficiently fetch jobs from mining pool servers.

The lack of cryptographic protection of communications makes this protocol vulnerable. Hotmine, therefore, integrated REMME’s solution to improve the Stratum protocol.

After Stratum replaced the getwork protocol, it became the most popular protocol used by the miners. In the Stratum protocol, the miners solve the parts of the puzzle given to them (jobs) and send the intermediate results of the mining (shares) to the server. Then the pool compensates the work that has been done by miners according to the complexity of the work and the amount of shares sent to the server.

A hacker can steal the computing resources of the miner and even earn a profit from it by substituting traffic. Although it would be simple to arrange an encrypted channel between the miner and the pool, this solution increases workload and reduces speed, creating orphan blocks.

To solve these problems and improve the Stratum protocol, REMME created a new StratumRM protocol. In this protocol, the connection with the pool is divided into two different connections. One connection uses TCP + TLS while the second uses UDP. The TCP + TLS connection manages a low-speed connection which is used for the miner’s authorization on the server and to get statistics of the delivered packets. The high-speed UDP transmits the miner’s work results.

Infopulse

By 2020, Internet of Things (IoTs) devices are expected to explode. Figures from Gartner estimates that 5.5 million new things get connected every day while the BI Intelligence’s IoT Ecosystem Research Report puts it that there will be 34 billion devices connected to the internet by 2020.

This explosion, though exciting, presents criminals with a great opportunity for holding connected devices for ransom. Cyber attackers pose risks to personal safety by attacking such devices as internet-connected cars.

Infopulse, part of Nordic IT group EVRY A/S, is an international vendor of services in the areas of Software R&D, Application Management, IT Operations, and Information Security to SMEs and Fortune 100 companies across the globe.

Infopulse has adopted and provided R&D within Blockchain and other technologies, such as IoT, Big Data, AI, VR/AR for automotive, banking, finance, telecom, and other industries.

It faces several cybersecurity challenges, including payment-safe systems at everyday locations, managing difference access zones of a car, trustworthy client feedback about POIs, safe and encrypted usage of other cars’ sensors’ information, and an organization of mesh-network between cars with the help of Blockchain.

REMME used the Rootstock system (open-source) as a basis for Infopulse’s blockchain system. Naturally, the company made modifications such as relying on federative nodes with master power in the system, eliminating the need for mining processes, using multi-signature federative nodes to create a checkpoint, and have every block signed by a predefined minimal number of federative nodes.

 This technology allows the car owner to securely control the car from anywhere through a certificate in a hardware key which could be used to create mesh connection to control the car remotely through SSL/TLS in the event of a zero-day exploits.

What’s Next

With these successes underpinning the company, REMME’s next goal is to develop inter-blockchain token migration for the protocol’s next release. This will allow the REM token, which is currently released on the Ethereum platform, to be used on their custom REMME blockchain.

 

This is a paid press release. BTCManager does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any actions related to the company. BTCManager is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

The post 3 Companies Locking Out Hackers for Good with REMME’s Unbreakable Cybersecurity Platform appeared first on BTCMANAGER.

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Hackers from North Korea Attempt to Steal Bitcoin

Hackers from North Korea have attempted to infiltrate several cryptocurrency exchanges in South Korea, and some entities are saying that this action should serve as a wake-up call.


One can definitely say that the country of North Korea is not a highly desirable tourist destination. The ruling military dictatorship, currently under the control of Kim Jong-un, has kept the country isolated from the rest of the world for decades. While we sometimes laugh at the absurd news that the official North Korean news agency reports, such as finding unicorns and how Kim Jong-un excels at everything humanly possible, the reality is that North Korea is a dangerous state. It has kidnapped people off the beaches of Japan and sends assassins into South Korea. It’s recent intercontinental ballistic missile (ICBM) testing has led to severe UN sanctions, and its ongoing nuclear program is definitely worrisome. Hackers from North Korea have long been active in seeking to cause mischief, and their current targets are a number of bitcoin exchanges in South Korea.

North Korea Desperately Needs Money

It should come as no surprise that North Korean hackers are looking to get their grubby mitts on some bitcoin. CNBC recently reported on this nefarious activity. A report from FireEye states that hackers from North Korea (who are extremely likely to be agents of that rogue state) have targeted the personal email accounts of those working at various bitcoin exchanges in South Korea using tax-themed lures and deploying malware. So far, three exchanges are known to have been targeted, and there is a possibility of four wallets being targeted on the Yapizon exchange as well.

North Korea is desperate for funds. The UN sanctions have really hurt their already-fragile economy as the sanctions impacted a full third of their exports (such as coal, seafood, iron ore, and iron). However, such sanctions were only the beginning as the United States has put additional sanctions upon North Korea, to which Kim Jong-un has loudly railed against. This has led to even China’s central banks cutting off ties with North Korea so as to not fall under penalty of the US sanctions. In short, North Korea is looking at any possible way to gain funds, and it appears that trying to steal bitcoin is one such method of getting needed capital.

Is This a Wake-up Call?

Of course, the news of hackers from North Korea looking to score some bitcoin has led to the usual hyperventilating from news agencies. CNBC openly wondered if these attempted thefts were a wake-up call to finally get governments and financial agencies to begin regulating digital currencies. CNBC cited University of Georgia Professor Jeffrey Dorfman, who said:

The ability of regimes like Kim Jong Un’s North Korea to mine or steal cryptocurrencies such as bitcoin is a new reason to be cautious in treating these commodities as currencies. While rogue states have practiced counterfeiting even longer than they have been computer hacking, counterfeiters are easier to catch. Once a cryptocurrency is stolen, it is virtually impossible to stop the new owner from spending it, and doing so in untraceable ways.

Are bitcoin and other digital currencies used for bad things? Of course they are. But you can say the same for gold, silver, hard currency, and so on. It’s not exactly earth-shattering to realize that bad people spend currency on bad things. However, it’s far harder to launder digital currency than the media and world governments would have you believe, as can be seen in the case in mid-July where $60 million of ether was pilfered. It would nice not to deal with all the hand-wringing whenever a bad person is associated with cryptocurrency. As for North Korea and Kim Jong-un, you can bet that they’ll continue to attempt to hack their way into different cryptocurrency exchanges. The US sanctions are not going away any time soon.

What do you think about North Korean hackers targeting bitcoin exchanges? Is this a wake-up call or not? Let us know in the comments below.


Images courtesy of Wikimedia Commons and Flickr.

The post Hackers from North Korea Attempt to Steal Bitcoin appeared first on Bitcoinist.com.

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