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A number of significant events have occurred pertaining to the Ethereum ecosystem in recent days. Last week, the code for the proposed first step of Ethereum’s technical transition toward the adoption of proof-of-stake mining, Vitalik Buterin made disparaging comments regarding 2017’s explosion in the initial coin offering (ICO) industry in an interview with Financial Times, … Read more
Ethereum’s smart contract bugs just keep on coming. Exchanges including Okex, Poloniex, Coinone, and Hitbtc today suspended deposits of ERC20 tokens following the discovery of a batch overflow bug written into the smart contracts governing numerous coins. The news comes in the same week that the ethereum community voted against restoring the lost ether that … Read more
Today’s collection of Bitcoin in Brief stories from across the cryptosphere showcases how bitcoin is an unstoppable force. Even if one centralized avenue can be pressured by some governments, others will soon pop up to replace it in the decentralized global ecosystem. Also Read: 20% of Financial Institutions Examining Starting Cryptocurrency Trading Soon Wikileaks … Read more
In a little more than three weeks time the Bitcoin (BCH) network will hard fork by upgrading its block size to 32MB and incorporate additional functionalities to the protocol. Currently, the entire community is steadily preparing for the consensus change as development teams release new code, while users and infrastructure providers upgrade their full node … Read more
An important Ethereum improvement proposal is being considered right now. Although EIP 999 is somewhat controversial among community members, it seems the majority of the network is in favor of seeing this solution move ahead. There is still a long way to go until we know the final outcome, though. The EIP 999 Vote is in Progress For … Read more
At the bitcoin cash-focused Tokyo event, Satoshi’s Vision Conference, many movers and shakers and cryptocurrency luminaries got together with Bitcoin.com’s product manager Mike Malley to discuss on-chain scaling and spreading BCH adoption worldwide. During this particular video, Malley chats with Amaury Séchet (Deadalnix) the lead developer of Bitcoin ABC, and the man who revealed the … Read more
EOS, Cardano and Tezos are cryptocurrency’s big sleepers. The latter project has lain dormant since last summer while its legal troubles played out, while EOS and Cardano have been beavering away, but have yet to produce the goods. With signs that all three projects are now stirring into life, investors might finally see a return. … Read more
Over 34,000 ethereum smart contracts containing $4.4 million in ETH may be vulnerable to exploitation. That’s the conclusion reached by a quintet of researchers hailing from Singapore and the UK. Their technical report, which is currently undergoing peer review, suggests that millions of dollars in ether may be at risk from poorly coded smart contracts … Read more
Cryptocurrency can be lost in a variety of ways, from hacking to forgotten passwords and failed flash drives. But in dollar terms, one of the biggest causes of crypto losses is bad code, and it’s not usually the fault of the coin’s developers. Instead, third parties, including shoddy smart contract developers and shady exchanges, are … Read more
When you approach a vending machine and insert a coin, you expect to receive a can of soda or tasty snack in return. The same thing happens when you use blockchain technology to exchange cryptocurrency for any service or vice versa. It’s called, a “smart contract,” and it’s expected that this process is automatic; nothing … Read more
