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On January 16, 2019, ChainSecurity, a smart contact audit firm, released the results of an audit carried out on the Constantinople Hard Fork which was found to be vulnerable to reentrancy attacks. The Hard Fork Launch has since been postponed. The Various Possible attacks According to the report published by ChainSecurity, there are a number of vulnerabilities on the Constantinople…

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VP Capital and Larnabel Ventures, two information technology-focused venture firms in crypto-friendly Belarus have launched a platform that makes it possible for users to buy tokenized traditional assets such as gold, oil, shares of companies and more, using bitcoin and other cryptocurrencies, reported Reuters on January 15, 2019.   Belarusians Now Buying Shares and Gold with Bitcoin Cryptocurrency investors in Belarus…

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U.S. car manufacturer Ford, technology giant IBM, South Korean cathode maker LG Chem, and Chinese mining company Huayou Cobalt have joined forces in the first cobalt supply chain tracking and monitoring blockchain project in the Democratic Republic of Congo. Making Cobalt Mining “Cleaner” According to a report by Reuters, the quartet has launched the pilot program, which is overseen by…

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On Januar 16, co-founder and CEO at Veil, Paul Fletcher-Hill, announced in a blog post that the new peer-to-peer prediction market Veil has gone live on the Ethereum Mainnet. Prediction Markets and Leveraged Crypto Trading Veil describes itself as “a peer-to-peer trading platform for prediction markets and derivatives on Augur.” The platform provides users with the ability to bet on…

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Global crypto market cap is up with $4 billion since Monday and now stands at $121 as Top 10 currencies managed to avoid further loses.  BTC/USD Bitcoin briefly dropped below $3,600 on January 13, but successfully rebounded on the next day, January 14 gaining 4.4% in value. The BTC/USD pair erased all losses from the previous three days and closed…

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In the blockchain and development ecosystem there remains one large debate around which project can deliver the most efficient and subsequently effective development framework for smart contracts. Smart contracts, otherwise known as virtualized agreements between multiple parties, are the backbone of decentralized applications (dApps) essentially serving as the bridge that connects the static world to blockchain technology. Those knowledgeable in…

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Open-source blockchain project NEO is promising an exciting mix of tech, business, and regulatory speakers at its 2019 DevCon event. Hundreds are expected to attend the Hyatt Regency Hotel in Seattle between February 16th – 17th to listen to more than 40 speakers and view more than 30 projects across 20 separate exhibits. In addition, NEO will host a one-day…

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Cryptopia, a New Zealand-base cryptocurrency exchange, has suspended all services and gone offline after reporting a major hack that resulted in significant losses, the company announced in a tweet on January 15, 2019. Security Breach Reported at Cryptopia The new year doesn’t seem to have brought any relief to cryptocurrency exchanges, many of whom have fallen victim to major security…

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According to a statement published by the tax agency of Denmark, Monday (Jan 14), cryptocurrency trading will soon be taxed in Denmark. Furthermore, the country’s tax agency is now fully authorized to conduct information requests relating to cryptocurrency trading New Authority Seemingly, the Danish Tax Authority has made the move after receiving information from their Finnish counterpart in December 2018….

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The “Global Threat Index for December 2018” report from Israeli cybersecurity solutions company Check Point Software Technologies Ltd. has revealed that cryptocurrency mining malware has topped the chart for the 13th time in a row to be computer’s most prevalent attacks, according to GlobeNewswire on January 14. Cryptocurrency Mining Malware on The Rise Based on reports, SmokeLoader, a second-stage downloader…

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