Wednesday, 7 February 2018
Fledgling cryptocurrency startup Sentinel Chain, which promised to “unlock the economic potential” of the poor, launched its initial coin offering (ICO) earlier this week, but it missed one thing: a critical vulnerability that made it possible to scrape its users’ personal data, including their emails and passport images. Shortly after kicking off its ICO on February 5, Sentinel Chain was forced to temporarily shut down its token sale after the company was notified that its KYC system (a common procedure users need to complete in order to enter token sales) was leaking users’ credentials due to a severe glitch. The company…
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