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Binance joins Neo Council, 2.1 million NEO used to secure two Top 21 positions

Binance Staking has secured two positions on the Neo Council. At the time of press, Binance has voted with approximately 2.1 million NEO to secure its places in the Top 21. Binance is the world's largest custodial exchange with nearly US $9.07 billion in 24-hour volume, according to CoinCap.io. Binance Staking is a service that allows users to earn distributions offered on proof-of-stake or other networks that distribute rewards to participants. The platform provides two types of staking: flexible and locked. Flexible staking offers fewer rewards but allows users to move the underlying assets at any time. Locked staking requires users to deposit a token for a specific time frame but provides higher yields. For example, a minimum of 0.01 NEO locked for 15, 30, 60, or 120 days will earn increasing yields of 5.79%, 7.49%, 8.79%, and 13.56% (made in GAS distributions), respectively. In the announcement post, Neo Global Development said "Binance Staking's new membership in the ...

Mass Gmail and iCloud Hacker Pleads Guilty to Charges


Edward Majerczyk, 28, of Chicago plead guilty to hacking and illegally gaining access to over a hundred people’s private emails and iCloud accounts. Reports say that over 30 celebrities were hacked as well.


Majerczyk’s official charge was computer fraud, and was issued in an Illinois Federal Court. Between November 2013 and August 2014,  Majerczyk operated a phishing scheme by sending fraud emails that appeared to be from the victims’ Internet Service Providers. By doing so, he obtained over 300 username and password combinations for Gmail and Apple iCloud accounts. Over 30 of those accounts were reportedly private celebrity accounts. Personal data along with photos and videos were all stolen from the accounts.

Majercyk’s sentencing has been scheduled for January 10, 2017. He faces up to five years behind bars. Court documents suggest he will likely serve under the maximum time.

A Spokeswoman for the FBI commented:
“The defendant’s acceptance of responsibility for his role in the intrusion of his victims’ accounts and their personal lives is a welcome development in this continuing investigation. All of us who use personal phones or devices must protect our data with strong passwords and two-factor authentication, as well as to be cautious of solicitations that can compromise our private information.

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