Tagged: ethereum

Trust Will Vanish: Cappasity CEO Criticizes Parity Hack Response as Funds Remain Frozen with No Resolution in Sight

Cappassity CEO Kosta Popov, who is gearing up for the ARToken ICO, has published a blog post that hammers Parity for its tepid response following a hack that froze possibly $300 million in Ethereum. The hack was revealed in early November when it became known that… Read More

Parity Publishes Post Mortem on devops199 Hack that Froze $172 Million in ETH

Parity has taken a breather from its “all hands” call that went out last week when a nefarious character under the username of “devops199” destroyed the Parity library that blocked 587 wallets holding 513,774.16 ETH and a few other tokens. The vulnerability that devops199 uncovered allowed… Read More

Oops, I Accidentally Froze $150 Million of Ether. Or, How Smart Contracts Are Not Invulnerable

Well, here we are again. On November 6, Parity encountered yet another failure, and the result? Reportedly, some $150 to $300 million dollars worth of Ether (we are hearing conflicting reports as to how much ETH has been frozen) is locked down, and we’re hearing… Read More

Ethereum Blockchain Coder Neufund Nabs $11.6M Pre-Sale Funding Round, Preps for ICBM

Neufund, a Berlin-based coding project on the Ethereum blockchain, is celebrating a pre-sale funding round of $11.6 million (€10 million). Backed by top private investors from funds including Philipp Freise (Kohlberg Kravis Roberts & Co), Michael Jackson (Mangrove Capital), the VC fund Atlantic Labs, and crypto… Read More

Parity Updates on Wallet Hack

Parity wallet revealed a critical security issue this week regarding a vulnerability in the Parity Wallet. Earlier today, the Parity team posted an update regarding the hack: We very much regret that yesterday’s incident has caused a great deal of stress and confusion amongst our users… Read More

Ethereum Parity Hack May Impact ETH 500,000 or $146 Million

  Parity wallet has announced a critical security alert regarding a vulnerability in the Parity Wallet library contract of the standard multi-sig contracts. Affected users are said to include individuals with assets in a multi-sig wallet created in Parity Wallet that was deployed after 20th… Read More

WishFinance Announces Global Expansion of Blockchain Platform

Singapore-based WishFinance announced on Wednesday the global expansion of its blockchain platform. According to the company, this decision was widely applauded by investors who put into the project during the token pre-sale campaign from October 15th to October 25th.  As previously reported, WishFinance has issued more… Read More

The Paragon ICO is Just Killing it as the Token Pre-Sale Sells Out

Paragon, the Cannabis oriented company and its affiliated Paragon Coin is killing it. The pre-sale of the Initial Coin Offering (ICO) launched several weeks back and sold out at 70,000,000 PRG.  The remaining 30 million in PRG is open to the public now until mid-October…. Read More

To Stop Bitcoin You Would Have to “Shut Down the Internet” (Video)

Jules Urbach, CEO of OTOY (a cloud graphics company), visited with CNBC on Friday to discuss cryptocurrencies, Blockchain and Ethereum in general. The discussion was a bit convoluted which is indicative of the confusion within the mainstream media and financial services space but Urbach countered… Read More

CCAF Publishes First Global Blockchain Report Providing Unique Insight into Emerging Sector

Report Highlights Central Bank Experimentation with Distributed Ledger Technology. The Cambridge Centre for Alternative Finance (CCAF) is out with their first Global Blockchain Benchmarking Study authored by Dr. Garrick Hileman and Michel Rauchs. The publication incorporates non-public data and states that 57% of surveyed central banks… Read More

Wish Finance Introduces Blockchain-Based Lending for SMEs, Schedules ICO

Wish Finance, based in Singapore, has announced the launch of its blockchain-based lending platform for small and medium businesses. The company has reportedly issued 100+ loans in 2017 during a soft launch with every loan successfully repaid and 0% default rate. Wish Finance plans to… Read More

Blockchain Brief: TenX Joins Enterprise Ethereum Alliance

Blockchain platform TenX has become the latest member of the Enterprise Ethereum Alliance – the world’s largest open-source blockchain initiative. The Enterprise Ethereum Alliance connects Fortune 500 enterprises, startups, academics, and technology vendors with Ethereum subject matter experts. Building upon the leading smart contract supporting blockchain… Read More

Blockchain-Powered MyBit Secures $2.8 Million Through Crowdsale for Renewable Asset Investment Platform

Mybit, a Switzerland-based Ethereum blockchain powered, renewable asset investment platform, announced on Monday it secured $2.8 million through its 30-day crowdsale, which ended on August 15th. According to Mybit, the platform connects investors from around the world with businesses and individuals seeking to fund revenue-generating Internet… Read More

What’s Next For Token Sales & ICOs After the SEC’s Recent Warnings

  Disclaimer: Although I am a securities attorney, I am not your securities attorney, so the following is in no way legal advice. If you are thinking about doing an ICO or token sale, I highly recommend talking to and hiring your own attorney. If you’ve been… Read More

French Firms Form An Association To Weigh in on Cryptocurrency Investment

French firms have formed an association to foster the sustainable growth of the cryptocurrency investment sector and weigh in on its governance. Among other things, they hope to build on progressive regulations such as the French decree that allowed crowdlending securities called minibons to be… Read More

SEC Issues Investigative Report on ICOs. Cautions Investors that Issuers are Subject to Federal Securities Law

The Securities and Exchange Commission (SEC) issued an investigative report today that may chill the booming Initial Coin Offering (ICO) market that has experienced hockey stick like growth in recent months.  The SEC cautioned market participants that sales of digital assets by “virtual” organizations are… Read More

CFTC Grants First Authorization to LedgerX to Operate as Clearing House for Digital Currency Derivatives

LedgerX, has received regulatory approval from the US Commodities and Futures Trading Commission (CFTC) to operate as a clearing platform for derivatives in contracts clearing in digital currencies such as Bitcoin. Under the order, LedgerX will be authorized to provide clearing services for fully-collateralized digital currency… Read More

Catching Up with Michael Koenitzer of Global Debt Registry: Shedding Light on Loan Validation, Blockchain, Regulations & Future of Fintech

Last month Michael Koenitzer joined Global Debt Registry (GDR) as its Director of Business Development in the new New York office.  Since joining the GDR team he has focused on building and supporting customer relationships with key investor accounts and senior lenders. Koenitzer joined GDR with… Read More

investFeed Coin Sale Rapidly Rises Above 8300 ETH

investFeed has moved quickly out of the gate in its Initial Coin Offering that was launched today. As of last check, investFeed has 8341 ETH. At an exchange rate of $226 USD for each ETH that makes over $1.8 million in less than a day…. Read More

Waves Adds Ether Gateway to Platform

Waves has already launched Bitcoin, USD and EUR gateways, now the platform has implemented an Ether gateway within the lite client for improved decentralized trading. Waves says the gateway will enable users to store ETH and trade it against other tokens on the Decentralized Exchange… Read More