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The Cybersecurity Division of Alibaba Performed a Jailbreak on iOS 12

It seems that the iOS 12 isn’t as tight with its security as Apple led most of us to believe. After it was released last week, it took Pandora labs – which is a cybersecuriy division working for Alibaba – just a couple of hours to jailbreak the mobile OS. The jailbreaking act itself was posted initially as a short video on Weibo and from there Yalu Jailbreak (with the handle @Yalujb) picked it up and posted it on Twitter.

By watching it you can see the process of jailbreaking the iOS 12 being done on a device that looks a lot like last year’s iPhone X. After the activation of the software, the user completed its task and then reset the phone. After this is done we see the iPhone unlocking itself without the need of a password or FaceID.

The video ends with a screenshot of the jailbreak app and the words ‘Your phone is pwned’ can be seen on the screen. This definitely isn’t the first time that Apple has been shown to be vulnerable in terms of its iOS. Previously, before the release of the iOS 12, Cellebrite, an Israeli company, designed a crack which could exploit and break into any device that had iOS 11 incorporated.

This happened during the time that Apple refused the FBI access to the phone believed to belong to the suspect of the San Bernadino shooting which occurred two years ago. At the moment of writing this article, Apple has yet to release a statement regarding the iOS 12 jailbreak. Yalu Jailbreak stated, however, that the code necessary for this jailbreak will more than likely never see the light of day. That is because Pandora Labs never released such a thing to the general public.

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Crypto News

Alibaba And IBM Ranks The First In Number Of Blockchain Technology Patents Filed This Year

Technology giants Alibaba and IBM are competing for first place in a new list that ranks global entities by the number of blockchain-related patents filed to date, published on August 31st by iPR Daily. iPR Daily, a specialized intellectual property medium, says it has consolidated data from China, the European Union, the United States, Japan, and South Korea, in addition to consulting the World Intellectual Property Organization’s (WIPO) International Patent System.

Alibaba of China has just sealed first place, having filed a total of 90 patent applications related to blockchain technology, while IBM has so far registered a total of 89. In third place is Mastercard, with 80 claims, followed by Bank of America, with 53.

IBM, for its part, has consistently expanded its participation in blockchain technology in various fields of this industry. It recently signed a $740 million, five-year agreement with the Australian government to use blockchain and other new technologies to improve data security and automation in federal departments, including defense and home affairs.

China, despite its negative stance on cryptocurrencies, remains the world’s leader regarding the blockchain technology patents

The fifth on the new list is the Central Bank of China, the People’s Bank of China (PBoC), which has filed a total of 44 patent applications dedicated to blockchain technology projects, including its centralized digital currency.

As reported earlier this year, WIPO data previously indicated that the most significant number of patent applications for blockchain technology in 2017 came from China, which filed 225 patents that year, compared to 91 in the Americas, and 13 in Australia.

China’s adoption of the new blockchain technology is counterbalanced by an increasingly harsh stance against decentralized cryptocurrencies, which has intensified further in recent weeks. This divided position is reflected by Alibaba’s founder, Jack Ma, who has expressed his support for the blockchain technology, although he views crypto coins with skepticism.

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Crypto News

China Increases Its Policies Regarding Cryptocurrency With Baidu, Tencent And Alibaba Blocking Crypto-Related Activities

Restrictions against cryptocurrency in China intensified today, August 27, after renowned technology companies such as Baidu, Tencent and Alibaba blocked forums related to cryptos and cryptocurrency exchanges. The measures come amidst a new escalation by the Chinese government, which is even trying to minimize the conversations of thousands of users about digital assets.

In the case of Baidu, China’s leading Internet search engine, the ban covers the cryptocurrency forums, according to information disseminated by local media. According to the report from other digital media, a person related to Baidu who did not want to be identified claimed that the measure was taken in “conformity with relevant laws, regulations, and policies.”

As for Tencent and Alibaba, which provide Internet and e-commerce services, respectively, they have reported that they will maintain monitoring to prevent their mobile payment services from being used for transactions involving cryptocurrencies.

On August 24th it was announced that AliPay would supervise the transactions with cryptos in China to restrict or suspend the operations suspected of being involved in the purchase and sale of cryptocurrencies.

China intensifies the cryptocurrency regulations

The decisions taken by the before-mentioned companies come in addition to the measures imposed by local authorities, such as the one announced last Thursday, in which events related to cryptos became banned in hotels and shopping malls in Beijing’s Chaoyang district.

Overall, it was also reported that some 124 foreign cryptocurrency exchange platforms operating across China would be banned to minimize the exchange of cryptos further.

The increase in official regulation began in September 2017, when China issued a measure in which the Central Bank banned the Initial Coin Offerings (ICOs) because “ICO projects are suspected of illegally raising funds and probably committing fraud.”

Since then, the official position was against cryptocurrencies and any mechanism related to digital assets. However, in the midst of this whole ecosystem landscape, China does welcome the potential of blockchain technology.

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