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OKEx Cryptocurrency Exchange Suspends ERC-20 Deposits on Its Platform

April 27, 2018 by Pratik Makadiya at Altcoins, Blockchain, Ethereum, News

Following the discovery of a smart contract bug, BatchOverFlow, which allowed attackers to generate tokens and deposit them in a wallet freely, the Hong Kong-based exchange OKEx has halted all Ethereum ERC-20 transactions on their platform on April 25, 2018. BatchOverflow Bug Targets Smart Contracts The blockchain security startup PeckShield...

Idealism Alive and Well in Berlin's Bitcoin Scene

Cryptocurrency Trading For Institutional Investors Now Available In Germany

April 27, 2018 by Samantha Chang at Altcoins, Bitcoin, Finance, News

Cryptocurrency trading for institutional investors like hedge funds and pension funds is now possible in Germany, thanks to a partnership between German securities trading bank, VPE WertpapierhandelsBank AG, and Berlin fintech company solarisBank. VPE is now the first securities trading bank to offer institutional cryptocurrency trading in Germany. “Cryptocurrencies such...

Bounties Offered For Universal Open-Source Cryptocurrency Wallet By Blockstack and ShapeShift

April 26, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Ethereum, News, Tech

Anticipating the growth of both the number of available digital coins as well as users’ uptake, the exchange ShapeShift and VC fund Blockstack are jointly funding a project designed to create the pinnacle open source, universal wallet for cryptocurrencies, announced on April 25, 2018. The companies are offering $50,000 to...

Mingo Begins ICO During Dublin Tech Summit

April 26, 2018 by Guest Post at ICO/IEO

The Dublin Tech Summit being held this week was all abuzz with the news of the launch by homegrown messenger app Mingo of its ICO. Mingo is the first major cryptocurrency project to be fully developed in Ireland. To spice things up, even more, the project team announced a 20...

Ethereum Classic May Receive Update for Reviving GPU Mining

April 26, 2018 by contributor at Altcoins, Commentary, News

In the wake of the increasing resistance toward ASIC mining, Ethereum Classic (ETC) might take a bold step soon, as a developer has put forward an improved, energy-efficient mechanism that can be used for mining. Recently, developer teams behind digital assets like siacoin and monero are taking bold steps...

Former CFTC Chairman Says Ripple and Ethereum Might Get Classified as Securities

Former CTFC Chairman Says Ripple and Ethereum Might Get Classified as Securities

April 25, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Blockchain, Commentary, Finance, News, Regulation

Gary Gensler, former CFTC chairperson and one of the top financial regulators in the Obama administration talked about the fast evolving realm of cryptocurrencies during his recent speech at the Massachusetts Institute of Technology on April 23, 2018. Ethics And Governance “I don’t think it’s any longer a question of...

Bitcoin Exchange Luno Crowned as Fastest Growing Fintech Startup in the UK

April 25, 2018 by Pratik Makadiya at Bitcoin, Business, Ethereum, Finance, News

It has been nothing short of excitement for the Luno team as the crypto exchange has been named the fastest-growing startup in the UK at this year’s Tech5 competition organized by The Next Web and Adyen. Luno Aims Higher: The Fastest Growing Fintech Company in Europe Luno, the blockchain-based digital...

55 Percent Against Ethereum’s Parity Wallet from Returning “Locked-Up” Ether

April 25, 2018 by contributor at Ethereum, News

After a single buggy smart contract in the Parity Ethereum wallet locked-up 600,000 ETH in November 2017, the ongoing GitHub debate raised in the Ethereum Improvement Proposal (EIP) 999 is heating up. Smart Contracts Not Completely Bug-Free The wallet was infiltrated “accidentally” by GitHub user 'devops199,' who found out that...

MyEtherWallet Falls Victim to DNS Server Hack: 215 Ether Stolen

April 25, 2018 by Priyeshu Garg at Blockchain, Ethereum, News, Tech

MyEtherWallet (MEW), the most popular Ethereum web-based wallet fell victim to a DNS hack on April 24, 2018. Comments made by wallet users on social media and online crypto forums reveal that funds have indeed been stolen from their wallets. MyCrypto, a rival service to MEW, confirmed the occurrence of...

Bitcoin Misery Index Tells You When to Buy Bitcoin

Silicon Valley Firm A16Z to Open A Crypto Hedge Fund Soon

April 24, 2018 by contributor at Altcoins, Bitcoin, Ethereum, Finance, News

Silicon Valley venture capitalist Andreessen Horowitz (A16Z) is well on its way to start their own cryptocurrency hedge fund. The bold development comes in the wake of subpoenas sent to more than 80 ICOs and crypto-investment firms solely in the United States. Marc Andreessen, one half of A16Z, is amongst...

Time to Say Goodbye: TRON offers 30 Million TRX Airdrop as Parting Gift to Ethereum

April 24, 2018 by Priyeshu Garg at Altcoins, Business, News

TRON has announced that it will be carrying out a 30 million TRX airdrop to the Ethereum community via a blog post on the project’s Medium account on April 21, 2018. According to the announcement, the airdrop is a show of gratitude towards the Ethereum community for its support throughout...

A Guide to Initial Coin Offerings (ICOs)

Investors Sue Another Crypto-Related Firm for ‘Disguising its ICO’

April 24, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Blockchain, Business, Ethereum, Finance, News, Regulation

Xunlei, a China-based multinational firm has been dragged to Court by investors who feel they were deceived by the firm to invest in its ICO project in 2017. Initial Coin Offering or Puff of Smoke? The CEO of Xunlei, Chen Lei has strongly refuted accusations leveled against his firm claiming...

Major Ethereum Scaling Solution Casper to Enter Testnet Soon

Ethereum’s Much Awaited Casper Update Is “Ready For Review”

April 23, 2018 by contributor at Blockchain, Commentary, Ethereum, News, Tech

As per a developer meet on April 20, 2018, the much awaited consensus code for Ethereum is ready to be reviewed. Greener Pastures First mentioned in the Ethereum improvement proposal (EIP) 1011, the code marks a step away from energy-intensive mining operations for the ethereum network. The process, called “minting”...

What Is a Hard Fork in the Crypto Economy?

April 23, 2018 by Alex Lielacher at Altcoins, Bitcoin, Cryptocyclopedia, Ethereum, News, Tech

Hard forks have become a major topic in the cryptocurrency space in the past six to twelve months. After Bitcoin Cash (BCH) forked from the Bitcoin blockchain in August 2017, a wave of bitcoin forks hit the community and with it came substantial controversy surrounding the legitimacy of these forks....

Canadian Exchange Starts Trading Ether Capital Shares

April 22, 2018 by Priyeshu Garg at Business, Ethereum, Finance, News

Shares in Ether Capital, the cryptocurrency investment outfit, have begun being traded on a Canadian stock exchange. Previously called Ethereum Capital, the company is a cryptocurrency investment fund whose shares began trading on the Canadian NEO Exchange on April 19, 2018. The company is aiming at using the capital raised...

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