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Hong Kong, China — [Jan, 26-2021]: Today, Ban On, a Blockchain.com user living in Hong Kong, China, has come forward about the company’s software security breach. According to Mr. On, the company has lost 9.41 of the Bitcoins he had deposited into the company’s wallet over the course of two years on January 3, 2021. Mr. On says that he sought aid from Blockchain.com’s Twitter support page, but has yet to receive any reply from them. After coming across the company’s Chinese Telegram group, Mr. On discovered that the company had abandoned the group and left behind many fellow Chinese victims, all of whom have also suffered lost assets after fraudsters hacked their online wallets.

Mr. On had reached out to blockchain.com's CEO Peter Smiths directly for assistance but were rejected by them. Mr. On therefore had to report the case to Action Fraud on 20th January 2021 and still waiting for respond from the police of U.K.

Mr. On began purchasing Bitcoin in 2017 and deposited them into Blockchain.com’s wallet on April 8, 2019. In total, Mr. On deposited 9.9 Bitcoins into the company. Mr. On’s losses amount is about $372,236.86 total, a devastating loss considering the fact that he had invested all his assets into Bitcoin.

Mr. On is not the first victim of such a widespread security breach; in 2019, MIT reported that hackers had stolen $2 billion worth of cryptocurrency stored in Blockchain.com wallets since 2017.

Blockchain.com’s position on the matter appears to be that it functions on a “trustless” basis, with the company having no knowledge of users’ passwords and private keys. Their claim is apparently that any loss of currency in their non-custodial wallet would be due to a security issue in users’ system, rather than any deficiency on their part. By keep claiming themselves as a “non-custodial” wallet, “have no right to access user funds”, they are in fact redirect all the risks to vulnerable users instead of taking social responsibility as an enterprise. As they are a non regulated digital platform, they are using a tricky way to avoid any potential unlawful responsibilities.

Mr. On has engaged in correspondence with the company’s customer support team, but has only received such pro-forma responses.

About:
Blockchain.com is a cryptocurrency exchange and cryptocurrency wallet service compatible with Bitcoin, Bitcoin Cash and Ethereum, as well as a Bitcoin block explorer service founded in Luxembourg, Luxembourg on August 30, 2011. The company reached over 63 million wallet users in December 2020.

Contacts:
Mr. On
Telegram @Banprince
ban.hope.banker@gmail.com
Phone: +852 57022479

Paper Shades, a trailblazer in sustainable fashion, is launching their 2018 collection of eco-friendly sunglasses made of recycled paper that come in multiple styles and sizes.

Paper Shades sunglasses are designed to relieve the burden of waste produced by unrecycled plastic sunglasses that end up in landfills or our oceans.A 2017 study estimates that at current rates approximately 12 billion metric tonnes of plastic waste could be in landfills or the natural environment by 2050, which is about 35,000 times the weight of the Empire State Building (Science Advances). Plastic sunglasses contribute to this plastic waste epidemic with most used sunglasses also ending up in landfills or the environment. The stylish sunglasses by Paper Shades are eco-friendly and affordable, with frames made from recycled paper, which can biodegrade in the environment.

“We were tired of having to choose between fast fashion products that don’t last and luxury branded goods that are not affordable for the everyday person,” said James Chu, designer and founder of Paper Shades. “Paper Shades gives the consumer greater variety at more reasonable prices, protecting the environment, and supporting a fast fashion business model.”

The 2018 collection by Paper Shades is durable, lightweight and slim, making it easy to toss into your pocket or bag and carry it around all day. They are great for the beach, parties, festivals, and travel, allowing you to be fashionable with a conscience, without breaking the bank.

Paper Shades’ 2018 collection is available in 6 styles, including in black and light and dark cork, with a rounded or wayfarer shaped rim. They are ultra minimal, with some styles offering black or neon blue lenses, and all lenses offering UV400 protection as standard.

“We chose to launch our 2018 collection on SparkRaise, the crowdfunding platform for the socially conscious.  Their work with purpose-led organizations matches well with our brand and mission,” said James Chu.

Visit the campaign using this link: https://www.sparkraise.com/campaigns/view/13af7cfa-d109-4475-9fd3-7d1d6e2c4081

Visit the press kit here for more high definition images: https://drive.google.com/drive/folders/1SotJoeFC6SaX-4logSByuIB1dmW74LXB?usp=sharing

About Paper Shades

Paper Shades produces affordable, eco-friendly, and fashionable eyewear that aims to reduce plastic waste and pollution. All our sunglass frames are made from recycled paper, and are biodegradable.

About SparkRaise

SparkRaise is the crowdfunding platform for the socially conscious. We are a “tech for good” company that works with purpose-driven organizations solving global issues one step at a time. We help social entrepreneurs and non-profits scale through online platforms for crowdfunding, community building, and a marketplace for the intentional consumer. Learn more about us here: https://group.sparkraise.com

MEDIA Contact:

Contact: James Chu
Email: papershades@sparkraise.com
Website: https://group.sparkraise.com

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