Bitcoin (BTC) is trading below $9,000 today, as the market dips significantly after two weeks of gains, Coin360 data shows. BTC is currently trading around $8,848 after reaching $9,708 at one point earlier today, now down around 5 percent over a 24 hour to press time. Ethereum (ETH) is back below $700, trading at around […]
Hong Kong-based OKEX, the third largest cryptocurrency exchange in the world by trade volume, suspended all ERC20 token deposits April 25 after the discovery of what developers say is a “new smart contract bug.” In a blog post, the exchange confirmed that the bug, called BatchOverFlow, was allowing malicious parties to “generate an extremely large […]
Ethereum may be on the brink of a blockchain split. At least, that was the mood at a meeting of top ethereum developers late last week where a discussion around a code proposal called EIP-999 led some to speculate that the creation of two competing blockchains is now a possibility. Indeed, it’s now believed the proposal, […]
Function exploits found in electronically distributed code contracts of ERC20 tokens have caused a flurry of concern at cryptocurrency exchanges. While no vulnerabilities have been detected in the ERC20 token standard itself, several cryptocurrency exchanges have taken precautionary measures due to the findings. Two recently discovered vulnerabilities in some EDCCs (also called smart contracts) of […]
Binance has been accused of violating an exclusivity agreement with venture capital firm Sequoia Capital, which had reportedly considered a substantial investment in the cryptocurrency exchange. The High Court of Hong Kong has granted a temporary injunction against Binance, suspending the company from business discussions with potential investors. UPDATED | April 26, 2018: Binance has […]
Russia’s executive branch has weighed in on a proposed bill to regulate ICOs, offering several suggestions on how to improve it. The executive branch of the Russian government has issued a statement pledging to support a bill that would regulate ICOs, entitled “On alternative ways of attracting investment (crowdfunding),” provided that certain changes to the […]
General Idea Birdchain wants to create a whole ecosystem with internal economics, where users can earn, transfer and spend their tokens. It is a decentralized application that is in a way similar to a instant messaging app. They want to provide services much cheaper than similar mainstream platforms are currently offering, with features like A2P […]
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