Topic: Anniversary updates! CLB Newsletter July 15, 2019 (Read 125 times)

Anniversary updates!
CLB Newsletter July 15, 2019

Dear CLB partners,
 
After our anniversary since incorporation in Estonia in 2018 we have had ups and down like all startups.
 
We apologize for not being able to give enough information on every stage and every innovation.
 
Since Feburary, the CLB Legal Team had to spend a considerable amount of time to track what has been hacked. This was regrettable but necessary to protect the company and every partner.
 
Hacking was in five countries. The investigation between the police and relevant agencies is now finally heading for a conclusion.
 
The issue started from one personal computer being hacked.
 
However as we proceeded with the investigation , it appears the management from the Bitibu Exchange may be involved, and the Exchange is now under investigation.


When the hacking comes from the inside... No-one is safe
translated to English from original news: http://www.eanews.kr/news/27012 Until now, the hacking of exchanges was done by hackers, and it was the sabotaging act of taking out their coins or leaking personal information of exchange members. However, the Bitibu hack was revealed as systematic hacking involving Bitibu Exchange executives.


Also, Sistemkoin and waves are upgrading their KYC procedure, to prevent this sort of thing happening again.
CLBwallet is also working on adding an ip server to increase security for transactions.
At our Hong Kong meeting, we will be able to achieve a clear outcome on all CLB investments and will speak soon via a longer and more comprehensive and exciting newsletter.
Thank you very much for your support, from the beginning, and for the future.
Sincerely,
CLB management team.

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