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Consumers Have Lost Almost $100 Million To ICO Exit Scams

A common criticism that onlookers have for the cryptocurrency industry is that it is rife with scams and criminal wrongdoings. While this is often an unwarranted blanket classification of this nascent industry, research done by Diar, a weekly fintech-focused publication, claims that there are still some bad actors present in this industry According to last week’s […] The post Consumers Have Lost Almost $100 Million To ICO Exit Scams appeared first on Ethereum World News. дальше »

2018-8-14 02:36


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‘We Don’t List Shitcoins’: Binance CEO Retaliates Over Listing Fee Criticism

Binance CEO Changpeng Zhao rebuffed criticism of the exchange’s listing fees Saturday, saying commentators should concentrate on the quality of coins it chooses to list. ‘Is My Coin Good Enough?’ In a series of Tweets, Zhao took issue with Expanse founder Christopher Franko, who had previously claimed the exchange quoted him 400 BTC ($2,600,000) for listing his altcoin token. дальше »

2018-8-11 19:00


Binance Reveals Pre-Alpha Demo of Decentralized Exchange & Binance Chain Amidst Listing Fee Criticism

Cryptocurrency exchange giant Binance has unveiled a pre-alpha demonstration of its own decentralized exchange in a move that foreshadows the future of the crypto trading ecosystem. First announced in May, the Binance Decentralized Exchange (DEX) is part of a greater project that will see the exchange platform launch a tailored blockchain, called “Binance Chain. дальше »

2018-8-11 10:00


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Unhackable? McAfee Hardware Wallet Uses Parts From ‘Cheap’ Smartphones

John McAfee and cryptocurrency hardware manufacturer Bitfi are facing heavy criticism after photos of the pair’s new wallet appeared online. ‘No Sign Of A Secure Element’ The Bitfi hardware wallet, which creators claim is “unhackable,” in fact runs off a standard motherboard common in “cheap” smartphones, social media users claim. дальше »

2018-7-30 18:00


John McAfee Bashed HitBTC Crypto Exchange is Suspending Users Accounts

HitBTC Exchange Faces Criticism on Multiple Fronts HitBTC is among the oldest cryptocurrency exchanges currently in existence. Though perhaps for some this title means little considering the small length of time for which the market has even existed at all, HitBTC has still managed to stick around through the thick and thin of an incredibly […] дальше »

2018-7-27 23:15


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Augur: ‘Inevitable’ Assassination, Terrorism Markets Worry Community

Decentralized prediction market Augur is attracting criticism following its launch as potentially illegal markets begin to surface on its platform. ‘This Was Inevitable’ Augur, which finally launched in full July 9 after a beta phase lasting two years, currently has almost $2 million in open interest on its Ethereum DApp. дальше »

2018-7-24 21:00


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Governance, Part 2: Plutocracy Is Still Bad

Coin holder voting, both for governance of technical features, and for more extensive use cases like deciding who runs validator nodes and who receives money from development bounty funds, is unfortunately continuing to be popular, and so it seems worthwhile for me to write another post explaining why I (and Vlad Zamfir and others) do not consider it wise for Ethereum (or really, any base-layer blockchain) to start adopting these kinds of mechanisms in a tightly coupled form in any significant way. дальше »

2018-7-21 23:03


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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Ethereum ‘Catalyzed’ Crypto Bull Market, Says Circle CEO Allaire

Circle CEO Jeremy Allaire has publicly praised Ethereum, countering cryptocurrency community criticism of the network and its perspectives this week. Allaire Bullish On Ethereum In comments to CNBC’s Fast Money segment, Allaire, whose Circle has renewed its thrust into the cryptocurrency industry this year, attributed 2017’s market success to Ethereum development. дальше »

2018-7-19 21:00


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Bitcoin Cash Development is a Ghost Town, GitHub Data Reveals

Bitcoin Cash continues to receive criticism of its network setup as bitPico’s “stress test” unearths what the group describes as possible “fake decentralization. ” Empty Blocks, No Activity Data harvested from GitHub repositories for both Bitcoin (BTC) and Bitcoin Cash (BCH) has caused the latest in a series of stark contrasts of network performance to surface on social media in recent weeks. дальше »

2018-7-17 03:00


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Bancor Aftermath: Charlie Lee Sees Lightning Network As ‘Ultimate’ Exchange

Self-proclaimed ‘decentralized’ exchange platform Bancor has resumed operations after a $12 million hack, officials confirmed Wednesday. Bancor Resumes Trading After ‘Scam’ Accusations Bancor — which initially lost its own BNT, Ether (ETH) and Pundi X tokens in the attack — faced a broader industry backlash as the sudden theft sparked criticism its decentralization claims were fraudulent. дальше »

2018-7-13 23:00