Ongoing EOSIO exploit allows attacker to gain 30,000 EOS as network freezes
An ongoing exploit on EOSIO is allowing an attacker to win every roll on gambling dApp EOSPlay by paying to fill blocks with their transactions. So far, the attacker gained 30,000 EOS worth over $110,000 while making the network “unusable.” Scale of the exploit A clever attacker was able to use REX, an EOS resource […]
Pixsy acquires blockchain-based copyright platform Binded.com
Pixsy, Inc. announced that it will acquire blockchain-based copyright registration platform Binded.com, strengthening its image protection offerings for a wider community of users (terms of the transactions were not disclosed). The acquisition bolsters Pixsy’s market-leading position in image protection and gives the Binded community access to Pixsy’s full suite of copyright management tools, including Register, […]
Paxos Launches PAX Gold: Physical Gold on the Blockchain
Paxos Trust Company, a regulated financial institution that digitizes and mobilizes assets, today launched PAX Gold (Ethereum ticker: PAXG), the first crypto-asset redeemable for physical gold. The New York State Department of Financial Services (NYDFS) has approved Paxos to issue PAX Gold, making PAX Gold the first regulated digital gold product. PAX Gold is an asset-backed digital […]
China says new digital currency will be like Facebook’s Libra
China’s proposed new digital currency would bear some similarities to Facebook’s Libra coin and would be able to be used across major payment platforms such as WeChat and Alipay, a senior central bank officer said. Mu Changchun, deputy director of the People’s Bank of China’s payments department, said the development of the coin would help […]
Cryptocurrency Wizard Arrested in B500m Fraud Case
A 48-year-old man wanted for his role in an alleged 500 million baht cryptocurrency exchange fraud was arrested in Bangkok on Wednesday evening. Mana Jumuang was arrested while playing football at a field on Rama IX Road in Huai Khwang district, Pol Maj Gen Jiraphop Phuridet, commander of the Crime Suppression Division, said on Thurday. […]
Kadena Launches Blockchain-as-a-Service on Azure Marketplace
Kadena announce that launched an upgraded version of our enterprise blockchain solution to the Microsoft Azure Marketplace! The “Kadena Scalable Permissioned Blockchain” is now available on Azure Marketplace for free. This past January, we made headlines in Fortune when we released our permissioned blockchain on the Amazon Web Services (AWS) Marketplace. Our Blockchain-as-a-Service (BaaS) model enables organizations to start […]
Telegram’s 300 Million Users Could Soon Be Trading Bitcoin And Crypto
Bitcoin’s bull run so far this year, which has seen the bitcoin price climb some 200% since January, has been largely put down to some of the world’s biggest technology companies taking an interest in bitcoin and cryptocurrencies. The bitcoin price has plateaued at around $10,000 as bitcoin traders and investors fret global regulators might […]
SEC Charges ICO Research and Rating Provider With Failing to Disclose It Was Paid to Tout Digital Assets
The Securities and Exchange Commission announced today that Russian entity ICO Rating has agreed to pay $268,998 to settle charges that it failed to disclose payments received from issuers for publicizing their digital asset securities offerings. The SEC’s order found that between December 2017 and July 2018, ICO Rating produced research reports and ratings of […]
Judge rejects plea to set aside order to preserve luxury assets in alleged $30-million cryptocurrency fraud
Luxury townhouse in Coal Harbour owned by alleged fraudsters was listed for sale earlier this year at $7.88 million A B.C. Supreme Court judge has rejected an application to set aside an order to freeze assets in a civil forfeiture suit that alleges the defendants perpetrated a $30-million cryptocurrency fraud. In a suit filed this […]
Rakuten Wallet Launches Spot Trading Services for Crypto Assets
Rakuten Wallet, Inc., a consolidated subsidiary of Rakuten Group and operator of a crypto asset (virtual currency) exchange business, announced that today it has launched a spot trading service for crypto assets in which users can conduct spot trading of crypto assets through a dedicated smartphone app*1. The app will initially be released on Android, […]
Iran Crypto Developers Launch Platform for Flood-victim Aid
When a massive natural disaster strikes in most countries, the global community takes notice, comes together and sends humanitarian aid, including financial donations. But sending aid to heavily sanctioned Iran isn’t so simple. After Iran suffered devastating floods this spring that left an estimated two million people in need of humanitarian assistance, the Iranian Red Crescent Society (IRCS) said […]
Apollo Foundation Developing Post-Blockchain Infrastructure and Decentralized Internet
Apollo Foundation is announcing Apollo 2020, the firm’s roadmap for a post-blockchain future. A key initiative is the development of DAG (directed acyclic graph), making Apollo one of the first cryptocurrency projects to build the decentralized, post-blockchain consensus technology. The foundation will develop: ARKnet, a decentralized application infrastructure; smart contract capabilities; a tokenization platform; Apollo […]
Abu Dhabi’s Mubadala Throws Support Behind Cryptocurrencies
Dubai: Amid what it described as “challenging market conditions,” Abu Dhabi sovereign wealth fund Mubadala Investment Capital has just thrown its support behind an unlikely candidate: cryptocurrencies. The company earlier this month announced it has invested through its ventures arm in MidChains, a crypto asset exchange that will launch operations in late 2019 in Abu […]
Facebook hires Zook to lobby on Libra
Facebook has added Susan Zook of Mason Street Consulting to its team of lobbyists working to sell lawmakers on its new Libra cryptocurrency. Zook is a former aide to Sen. Mike Crapo (R-Idaho), the chairman of the Senate Banking Committee, which held a hearing on Libra last month. She’ll focus on lobbying Senate Republicans, she […]
Bitcoin SV Headline Sponsor of Pool Premier League Live on FreeSports
The International Professional Pool Association (IPA) have agreed a sponsorship package with Bitcoin SV enthusiast and promoter, Calvin Ayre, for their upcoming Bitcoin SV Premier League live at: Freeview 64, Sky 422, Virgin 553. BSV is the only coin with a blockchain that significantly scales (now), has robust utility (now), and is committed to a set-in-stone protocol for […]
Everton Football Club Announced Partnership With Deal eToro
The deal will see eToro become the Club’s ‘Official Online Trading Partner’, giving the organisation global exposure through access to Everton’s marketing assets and a presence at Goodison Park on matchdays. eToro, recognised as a leader in financial technology (fintech), provides its community of more than 11 million users with the opportunity to invest in […]
Seagate Entering Pilot Stage For Blockchain Supply Chain Project
Supply chain has become a relatively common enterprise use case for blockchain, adding clarity and trust to the slew of processes involved in a product’s journey to the customer. Tech giant Seagate is entering the pilot stage of its blockchain project, using the technology to follow hard drives throughout the supply chain. In 2018, Seagate […]
Ripple’s CEO Worried About Regulatory Backlash Over Facebook’s Libra Plan
Brad Garlinghouse, chief executive officer of crypto currency company Ripple, says he’s worried Facebook’s plans to enter the arena with its Libra digital coin will provoke harsher regulation of the entire sector. “You just want to make sure that you don’t get caught in the crossfire,” Garlinghouse said in an interview with Fortune in London […]
