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Audits and Quality Assurance: Patching the Holes in Smart Contract Security
On July 10, 2018, news broke that cryptocurrency wallet and decentralized exchange Bancor was hit with a hack. A wallet the Bancor team used to update the protocol’s smart contracts was infiltrated, and the $23. дальше »
2018-8-3 19:24 | |
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University of Massachusetts Boston Student Accused of Stealing $5 Million in Cryptocurrency
Joel Ortiz 20 has been accused of using dubious means to take over people social media accounts and selling them in Bitcoin. According to the report, the young man made a total of $5 million in cryptocurrency from this illegal operation. дальше »
2018-8-2 11:26 | |
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Report: Use of Bitcoin in Commerce Hit Low in May After Peaking at $411 Mln Last Year
The volume of Bitcoin used for commerce fell from a high of $411 million last September to a low of $60 million in May 2018
дальше »2018-8-2 03:34 | |
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How Blockchain Promotes International Trade, Identity and Financial Inclusion
International trade, people without identity and financial exclusion are global development areas that stand to be radically improved with blockchain technology, according to Michelle Chivunga, regional advisor for the British Blockchain Association. дальше »
2018-7-31 19:50 | |
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IW Capital Survey Shows 3 Million UK Crypto Investors Used Exchange Trading Platform
Few Brits Ask For Advice When Investing In Crypto Via Exchange A recent study found that to date, three million British people have invested in crypto exchanges, but just about five percent of them have received advice from professionals. дальше »
2018-7-30 22:55 | |
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Dash is Used More than All Other Cryptos Combined In Venezuela
Venezuela’s struggling economy has inspired many in the country to adopt cryptocurrencies as an alternative to the crashing Venezuelan Bolivar. The situation in Venezuela is dire; hyperinflation in the country has reached such extremes that a cup of coffee now costs a million Bolivars. дальше »
2018-7-28 11:13 | |
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Dash is Used More than All Other Cryptos Combined In Venezuela
Venezuela’s struggling economy has inspired many in the country to adopt cryptocurrencies as an alternative to the crashing Venezuelan Bolivar. The situation in Venezuela is dire; hyperinflation in the country has reached such extremes that a cup of coffee now costs a million Bolivars. дальше »
2018-7-28 00:50 | |
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BitMEX Breaks Record for Bitcoin Trading Telling CoinJournal its Time to Rejoin the Party!
One of the most used cryptocurrency exchanges, BitMEX, has hit a record one million bitcoin traded in a single day. Co-founder and CEO Arthur Hayes gave CoinJournal his thoughts on why, and what the near future might hold. дальше »
2018-7-27 15:03 | |
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QIWI Payment Network CTO ‘Mined 500,000 Bitcoins’ In 2011 Before Losing Them
The former CTO of Russian electronic wallet and payment network QIWI once had a personal wealth of half a million bitcoins — but lost them. 3 Months, 4. 1 Billion USD The extraordinary claims came to light as part of an interview with CEO Sergey Solonin, who told the audience during a Moscow lecture on July 25 that the CTO had used the company’s ubiquitous payment terminals to mine bitcoin, starting in 2011. дальше »
2018-7-26 22:00 | |
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U.S Court Orders Founder of Bitcoin Investment Scheme to Pay over $1.9 Million
A Colorado resident Dillon Michael Dean used his UK registered firm, The Entrepreneurs Headquarters Limited (TEH) in April 2018 to orchestrate a fraudulent bitcoin investment scheme that succeeded in generating a whopping $499,264. дальше »
2018-7-26 20:00 | |
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Founder of Bitcoin [BTC] based scam Bitfunder and Ukyo.Loan pleads guilty
On 24th July, Jon Montroll, the main accused in the $46 million Bitcoin fraud case, has pleaded guilty to obstruction of justice and fraudulence. Cott was responsible for establishing WeExchange Australia Pty Limited, which acted as a cryptocurrency exchange and depository. дальше »
2018-7-25 02:50 | |
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Bancor Co-Founder Calls On Crypto Community To Fight Against Hackers And Thieves
Bancor is a cryptocurrency whose aim is to solve liquidity issues by making use of smaller market tokens. The protocol allows any user to create a cryptocurrency called “smart token” which can be used to trade with other different cryptocurrencies. дальше »
2018-7-24 16:37 | |
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CFTC Demands Almost $2 Million from Illegal Bitcoin Pool Operator
In a case that has been developing over the past few months, the U. S. Commodity Futures Trading Commission (CFTC) has taken another step in its actions against Dillon Michael Dean and his U. K. -registered company The Entrepreneurs Headquarters Limited (TEH). дальше »
2018-7-24 00:00 | |
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STARKs, Part I: Proofs with Polynomials
Special thanks to Eli Ben-Sasson for ongoing help, explanations and review, coming up with some of the examples used in this post, and most crucially of all inventing a lot of this stuff; thanks to Hsiao-wei Wang for reviewing Hopefully many people by now have heard of ZK-SNARKs, the general-purpose succinct zero knowledge proof technology that can be used for all sorts of usecases ranging from verifiable computation to privacy-preserving cryptocurrency. дальше »
2018-7-21 23:03 | |
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Notes on Blockchain Governance
In which I argue that “tightly coupled” on-chain voting is overrated, the status quo of “informal governance” as practiced by Bitcoin, Bitcoin Cash, Ethereum, Zcash and similar systems is much less bad than commonly thought, that people who think that the purpose of blockchains is to completely expunge soft mushy human intuitions and feelings in favor of completely algorithmic governance (emphasis on “completely”) are absolutely crazy, and loosely coupled voting as done by Carbonvotes and similar systems is underrated, as well as describe what framework should be used when thinking about blockchain governance in the first place. дальше »
2018-7-21 23:03 | |
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Line’s Cryptocurrency Exchange BITBOX Is Now Open for Business
Singapore-based cryptocurrency exchange BITBOX, which is also a division of Japanese internet giant Line Corporation, is now up and running. Operations began on July 16, 2018, and services are available in roughly 15 different languages to traders of every country except Japan and the U. дальше »
2018-7-19 22:38 | |
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Nervos Raises US$28M Series A from Polychain, Sequoia for Enterprise dApps Blockchain Platform
Chinese blockchain startup Nervos has raised US$28 million in a Series A funding round from Polychain Capital, Sequoia China, and others, to develop a hybrid blockchain network for enterprises decentralized applications (dApps). дальше »
2018-7-18 18:03 | |
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Bitcoin this week: new transactions, Bancor Breach, Vitalik vs Bancance CEO
Bancor Breach The big story on Tuesday was that Bancor reported it had experienced a “security breach”. A wallet used to upgrade some smart contracts has been compromised and used to withdraw 29,984 ETH, worth approximately $12. дальше »
2018-7-15 17:13 | |
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Project Bancor experiences 13.5 million hack leads to debate
On Monday, the project announced its app was down for maintenance, and shortly after, it revealed a security breach had taken place. Then on Tuesday morning, Bancor published details of the breach: a wallet used to upgrade smart contracts was compromised and used to steal 3.2 million of the platform’s own BNT tokens (worth $10 дальше »
2018-7-15 16:23 | |
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League of Legends Garena Client Infected with a Cryptocurrency Miner
League of Legends players in the Philippines are in a state after it was discovered that a malicious script used to mine cryptocurrencies by hijacking users’ computing power was discovered in the game’s Garena client. дальше »
2018-7-13 10:00 | |
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$1.35 Million Delaware Real Estate Home Purchased in Bitcoin (BTC)
Despite the online rumors that cryptos are dying, and that they have no real value, they still continue to be used as payment methods every day, even outside the internet. The latest example of this, that some see as a large breakthrough for cryptos, includes the purchase of an entire house via Bitcoin in Delaware. […] дальше »
2018-7-13 00:30 | |
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State’s First Bitcoin Home Sold by Delaware Real Estate Agent
In this case, Bitcoin was recently used to purchase a stunning home in the state of Delaware. A First for the First State According to the Delaware Business Times, a Newark home worth $ 1.75 million was recently sold by Michael Kelczewski, a real estate broker for property giant, Sotheby’s International Realty. Just the Beginning дальше »
2018-7-11 15:55 | |
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EOS, Litecoin, Tron, IOTA, Stellar Lumens Technical Analysis: Altcoins Bleeding Under Bear and Hackers Attack
Crypto exchanges-regardless of their database location-are having a rough time with hackers. After several South Korean and Japanese attacks, Bancor got exploited and $12. 5 million worth of BNT was used to withdraw ETH. дальше »
2018-7-11 03:02 | |
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$12.5 million in Ethereum [ETH] stolen after Vitalik Buterin slams centralized exchange platforms
Bancor, a decentralized exchange platform released a press statement stating that their wallet which was used to upgrade some smart contracts was compromised. The security breach occurred at 00:00 UTC on Monday and the wallet was used to withdraw ETH from the BNT smart contract. дальше »
2018-7-11 23:34 | |
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China Crypto Mining Malware Siphons $2 Million Worth, Over 1 Million Computers Infected
Malware attacks are one of the easiest ways for hackers to steal money from unsuspecting consumers, especially those that invest in the crypto world. In a report on July 9th, hackers used exactly this method to steal a total of $2 million from over 1 million computers. The hacking took place primarily in China, though […] дальше »
2018-7-10 10:13 | |
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Another Class Action Filed Against Ripple, Claims XRP Has “Hallmarks of a Security”
Ripple is staring down the barrel of yet another securities lawsuit — its third one this year. Filed in the Superior Court of the State of California in San Mateo County, the class action alleges that Ripple and its team illegally sold and promoted XRP, Ripple’s currency, as an unregistered security. дальше »
2018-7-5 23:14 | |
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2.3 million Bitcoin [BTC] addresses monitored by clipboard hijacking malware
Malware has been making the rounds in the Bitcoin [BTC] space, emerging with a very subtle approach. The malware in question is known as Cryptocurrency Clipboard Hijackers and works by taking over control of the Windows clipboard. дальше »
2018-7-4 10:16 | |
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Cryptocurrency Mining Chip Supplier Warns Investors of Impending Revenue Decline
Gigabyte Technology Co Ltd announced at a recent investors’ conference that they are expecting a significant revenue drop for the second quarter of 2018. The company is a leading supplier of graphics cards and motherboards – components used in cryptocurrency mining operations. дальше »
2018-7-3 06:00 | |
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Bitcoin Magazine’s Week in Review: Charity Funds and Dark Web Run-Ins
This week, the U. S. Department of Justice and other law enforcement agencies banded together to bring down some bad actors on the dark web. EOS is undergoing some growing pains with the launch of its network, exposing the trials and tribulations of an all-too-centralized governance model. дальше »
2018-6-30 20:56 | |
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Kin Spikes 7% After Integration with Kik Chat App Used by 300 Million
The ethereum based token Kin saw a spike in price today, even while much else is somewhat flat, following an announcement that integration with Kik has begun. The token overall,... The post Kin Spikes 7% After Integration with Kik Chat App Used by 300 Million appeared first on Trustnodes. дальше »
2018-6-28 18:43 | |
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$17 Million in Bitcoin Seized in Dark Web Undercover Sting Operation
US Prosecutors seized over $22 million in assets from two men in Maryland on charges of production and selling counterfeit drugs through the Dark Web. $17 million (at the time of seizure) of the amount was in Bitcoin (BTC) and other cryptocurrencies. дальше »
2018-6-28 04:00 | |
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DOJ, U.S. Agencies Seize Over $12M Bitcoin in a Slew of Dark Web Busts
The U. S. Department of Justice, in cooperation with the Immigration and Customs Enforcement’s Homeland Security Investigations (HSI), the Secret Service (USSS), the Postal Inspection Service (USPIS) and the Drug Enforcement Administration (DEA), have apprehended more than 35 dark web drugs and arms dealers in a nation-wide bust. дальше »
2018-6-27 20:26 | |
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Andreessen Horowitz Has Launched a $300M Crypto Fund
Andreessen Horowitz has launched a $300 million crypto fund dedicated to investing in cryptocurrencies and other blockchain-related projects. The fund, named a16z crypto, signals that the firm is diving deeper into the cryptocurrency space to grow its existing portfolio, which includes digital currency exchange Coinbase. дальше »
2018-6-27 21:34 | |
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Enjin Coin CTO Creates ERC-1155, a New Token Standard for Ethereum
Witek Radomski — co-founder and CTO of Enjin Coin — has developed ERC-1155, a new standard for defining video game tokens on the Ethereum blockchain. Radomski’s journey to improve the gaming experience began 12 months ago in June 2017, when he created code for the first non-fungible token. дальше »
2018-6-26 00:25 | |
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A 230 Billion Won Government Pump Awaits Korean Blockchain Sector
The Ministry of Science and ICT of South Korea announced its blockchain technology development strategy on June 21. The government aims to provide 230 billion won (~$207 million) for boosting development of distributed ledger technology in the country. дальше »
2018-6-23 14:38 | |
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Korean Government to Fund Six Blockchain Projects with $9 Million
The country has sights set on being one of the leaders in blockchain technology and has made a strong statement after the Ministry of Information and Communication Technology (ICT) revealed in a report that 10 billion Korean won (app. дальше »
2018-6-22 13:44 | |
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New IOST Blockchain Incubator begins with $50 Million Fund
Bluehill, a startup incubator for global blockchain projects, launched on Thursday after raising $50 million to support the IOST blockchain ecosystem. Notably, the startup claims it will work with Binance Labs and Huobi Capital when investing in companies. дальше »
2018-6-21 20:22 | |
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Blockchain-Based Community Currencies to Be Launched in Kenya
Bancor has announced today it will launch a network of blockchain-based community currencies in Kenya. The new project is expected to combat poverty through the stimulation of local and regional commerce and peer-to-peer collaboration. дальше »
2018-6-19 01:01 | |
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Vote Threshold Is Met: EOS Can Finally Launch Its Platform
According to data from EOS Authority, EOS has finally acquired the minimum votes required for its network to go live. After EOS failed to launch its platform on its projected launch date of June 2, a live-stream vote was called, where users voted “Go” to launch the blockchain network. дальше »
2018-6-15 03:10 | |
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AlphaPoint raises $15 million from Galaxy Digital Ventures to scale asset digitization
AlphaPoint, the provider of, secure, and scalable blockchain infrastructure for asset digitization and trading announced today they have partnered with founder Michael Novogratz’s firm Galaxy Digital Ventures. дальше »
2018-6-15 01:27 | |
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New Coinbase Additions: Ethereum Classic and Crypto Index Fund
Coinbase dominated headlines across the space this week with a pair of significant developments. The San Francisco–based exchange announced on Monday, June 11, its intention to add Ethereum Classic to its trading platform and then quickly followed the news on Tuesday with the official opening of a crypto index fund. дальше »
2018-6-14 01:32 | |
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Proposed Regulations Could Cause Major Shifts in Canadian Crypto Businesses
Canada’s government has released draft regulations for “virtual currencies” with a consultation period of 90 days, saying that proposed regulatory changes could mean a loss of $60 million over 10 years for businesses that deal in cryptocurrencies but will improve Canada’s international reputation and make it easier for crypto businesses to deal overseas. дальше »
2018-6-13 20:24 | |
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New Platform Answers the Question: Who's Really Behind That ICO?
With crypto scams running rampant across the globe, Human Trust Protocol, aka Hub, is joining hands with Civic, a blockchain identification service provider, to verify users via know-your-client (KYC) data gathered from the Civic secure identity platform (SIP). дальше »
2018-6-13 00:23 | |
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South Korean Exchange Coinrail Hacked, $40 Million in Crypto Reported Stolen
South Korean cryptocurrency exchange Coinrail reported a hack on its website during the early morning hours of June 10, 2018. The thieves allegedly made off with over $40 million worth of altcoins and assorted tokens. дальше »
2018-6-12 23:18 | |
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