Ethereum Watch

Regional authorities have joined the effort to bring cryptocurrency exchanges into compliance with Japanese law. Advertisements On April 25, 2018, cryptocurrency exchange platform “Everyone’s Bitcoin” (みんなのビットコイン) published a notice (Japanese) regarding a business improvement order, which it recently received from the Kanto Local Finance Bureau (a regional department of Japan’s Ministry of Finance). “We take […]

Germany’s VPE bank, in a partnership with FinTech firm solarisBank, has become the first in the country to offer cryptocurrency trading to institutional investors. Advertisements WertpapierhandelsBank AG (VPE) a traditional securities trader headquartered in Germany, has announced the expansion of its brokerage offerings to include cryptocurrencies for institutional investors. The BaFin-regulated bank is the first […]

Bitcoin (BTC) is trading below $9,000 today, as the market dips significantly after two weeks of gains, Coin360 data shows. Advertisements 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. Advertisements Ethereum (ETH) is back below $700, trading […]

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.” Advertisements In a blog post, the exchange confirmed that the bug, called BatchOverFlow, was allowing malicious parties to “generate an extremely […]

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. Advertisements Two recently discovered vulnerabilities in some EDCCs (also called smart contracts) […]

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. Advertisements UPDATED | April 26, 2018: Binance […]

Russia’s executive branch has weighed in on a proposed bill to regulate ICOs, offering several suggestions on how to improve it. Advertisements 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 […]

A week-long vote on a proposal in regards to the Parity hack wallet reversal, which proposed to restore a disabled contract to unfreeze 587 wallets holding 513,774.16 Ethereum (ETH), equal to around $360 mln at today’s prices, has ended with a majority “no” vote today, April 24. Advertisements In November of last year, a Parity […]

Update: Data from EtherScan shows that over $150k worth of ETH has been stolen in the DNS hack. Starting from 07:17 this morning, 179 inbound transactions totaling 216.06 ETH were sent to ETH address 0x1d50588C0aa11959A5c28831ce3DC5F1D3120d29. At 10:15, the attacker sent 215 ETH to 0x68ca85dbf8eba69fb70ecdb78e0895f7cd94da83. Advertisements One MEW user on Reddit explained how they lost 0.9 […]

On Tuesday, the governor of France’s central bank called for “internationally harmonized answers” to address the potential risks of cryptocurrencies. Advertisements On April 24, 2018, the governor of the French central bank addressed two major global economic issues. The governor, François Villeroy de Galhau, simultaneously criticized President Trump’s protectionist trade strategy and remarked on the […]