Even though Maker has refused to explicitly acknowledge the vulnerability claims put forth by Zoltu, experts see their validity. At the start of December, the Maker Foundation hosted a number of governance polls on its website to ease rising concerns following allegations put forth by developer Micah Zoltu in regards to how hackers with enough […]
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Maker Foundation announced a series of governance polls since a software developer divulged how hackers could attack the MakerDAO network and steal close to $340 million. The Maker Foundation has announced a series of governance polls aimed at security after software developer Micah Zoltu explained how any hacker with $20 million at their disposal could […]
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The secret to building a successful decentralized autonomous organization: Decred project lead shares four lessons in de-leadership. The topic of decentralized autonomous organizations is echoing loud and clear from the halls of this year’s DevCon to CryptoTwitter. Multiple projects at DevCon, including Aragon and MolochDAO, presented their commitments to decentralize power across a DAO, or, […]
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Ethereum Foundation Developer Péter Szilágyi has confirmed Dec. 4 as the launch date for the network’s Istanbul hard fork. Team lead at the Ethereum (ETH) Foundation Péter Szilágyi has confirmed Dec. 4 as the expected date for the network’s forthcoming Istanbul hard fork. In two tweets posted on Nov. 7, Szilágyi indicated that Istanbul will […]
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A survey by co-founder Vitalik Buterin drew more ire than feedback, with Twitter users berating him for even suggesting devs could intervene in smart contracts. Ethereum co-founder Vitalik Buterin has sparked controversy among cryptocurrency users after suggesting developers could reverse transactions. Buterin’s community feedback falls flat In a Twitter survey on Oct. 26, Buterin quizzed […]
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The launch of the Crypto Rating Council (CRC) has seemingly been met with a lot of positivity across the global crypto landscape. At the end of September, a number of established crypto firms (including Kraken, Bittrex and Coinbase) that are currently operating in the United States came together to establish a new governance body called […]
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Stablecoins backed by precious metals — here’s how to choose which one to invest in and why they are stable. Cryptocurrencies are constantly subject to exchange rate fluctuations and are characterized by high price volatility. For making crypto money more useful and more stable, a special type was created: stablecoins. Related: Stablecoins, Explained Stablecoin is […]
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Global wash trading on crypto markets was down by over 35% in September, according to the latest surveillance report from the Blockchain Transparency Institute. Global wash trading on cryptocurrency markets was down by over 35% in September, according to the latest surveillance report from the Blockchain Transparency Institute (BTI). Kraken, Poloniex, Coinbase and Upbit are […]
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The U.S. Securities and Exchange Commission has settled with Block.one for $24 million for conducting an unregistered ICO. The United States Securities and Exchange Commission (SEC) has reached a settlement with Block.one to pay $24 million in penalties for conducting an unregistered initial coin offering (ICO). On Sept. 30, the SEC announced in a press […]
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An overview of Ethereum starting with its rise, then through the two most significant regulatory events and what future is ahead. This article provides an overview of Ethereum’s rise, from conception through its initial coin offering (ICO) and beyond. Coinciding with the ICO came attempts to regulate and classify digital currency by multiple governmental and […]
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