Tag Archives: Ether

OKEx: Ethereum Smart Contract Bug Causes Temporary Suspension of ERC-20 Deposits

OKEx: Ethereum Smart Contract Bug Causes Temporary Suspension of ERC-20 Deposits

Today, April 25th, the third largest cryptocurrency exchange by trading volume, OKEx, announcedthat all ERC-20 token deposits have been suspended. The move comes after developers discovered an Ethereum Smart Contract bug called BatchOverflow which permits those who exploit the bug to issue an almost unlimited number of new tokens. In turn, the newly minted tokens can then be […]

BTC, ETH Recover From Monthly Lows On Comments To G20 Members

BTC, ETH Recover From Monthly Lows On Comments To G20 Members

The crypto markets are in the green again after hitting monthly lows this week, with Bitcoin (BTC) back over $8,000 by press time according to data from CoinMarketCap, following the Bank of England’s positive comments to G20 members that crypto poses “no risk” to the stability of the global economy. Image source: https://coin360.io/ Reuters wrote about the G20 crypto comments – […]

Ether Takes Step Toward Institutional Trading in US

Ether Takes Step Toward Institutional Trading in US

ConsenSys, the New York-based blockchain application startup, has announced today it is partnering with TrueDigital, a new affiliate of online interest rate swap marketplace trueEx, in an effort to develop a benchmark price for ethereum’s ether cryptocurrency. According to an announcement, the two firms are planning to design a target reference index for the price […]

New Report: North Korean Hackers Stole Funds From South Korean Cryptocurrency Exchanges

New Report: North Korean Hackers Stole Funds From South Korean Cryptocurrency Exchanges

US cybersecurity firm Recorded Future has released a new report linking Lazarus, a North Korean hacking group, to various South Korean cryptocurrency exchange hacking attacks and security breaches. In a report entitled “North Korea Targeted South Korean Cryptocurrency Users and Exchange in Late 2017 Campaign,” the firm’s researchers stated that the same type of malware used in […]

What DAO? Charting Ether’s Epic 2017 Price Climb

What DAO? Charting Ether’s Epic 2017 Price Climb

For ether, the cryptocurrency that powers the ethereum network, 2016 was defined in part by the creation and subsequent collapse of The DAO, the blockchain-based investment vehicle that raised more than $150 million at then-current prices. Yet as 2017 comes to a close, the cryptocurrency is closing the books on a banner year for its value, having […]