OKEx confirms $5.6M missing following Ethereum Classic attack
OKEx has released a report explaining how the Ethereum Classic 51% attacker stole $5.6 million from the exchange on August 1.
Articles By Patrick Thompson:
California judge sides with OPSkins in WAX ICO lawsuit
OPSkins will be settling their dispute with digital currency asset managers Crypto Asset Fund and Digital Capital Management outside of court.
Ethereum 2.0 testnet goes offline
The ETH 2.0 testnet ‘Medalla’ came to a grinding halt due to a time-bug that took a majority of testnet validators offline.
Ripple switches business blueprint
Ripple’s former business model, which involves it working closely with banks and acting as their cross-border payment rail, is not working very well.
Know Your Customer verification coming to BitMEX platform
The User Verification Programme will require users to go through a four-step process similar to ID checks on other exchanges, BitMEX says.
DeFi strikes again: YAM protocol bug leads to $750,000 loss
The YAM token was supposed to keep parity with the U.S. dollar as well as be used for on-chain governance.
Ethereum transaction fees hit all-time high
The total transaction fees on the Ethereum network hit $6.87 million on August 12, shattering the previous record reached during the ICO boom in December 2017.
Here’s the problem with digital currency debit cards
Digital currency debit and credit cards are not what the world needs to catalyze digital currency adoption, Patrick Thompson writes.
Bitfinex halts trading over ‘reduced performance’ on platform
Digital currency exchange Bitfinex went down for over five hours on August 12, causing many traders to miss out on opportunities to profit.
MicroStrategy’s $250M BTC buy puts shareholders in danger
Cloud-based services company MicroStrategy is buying $250 million worth of BTC—about 21,454 BTC at the time of purchase.
No need for multi-layer solutions with Bitcoin
There’s no reason to devote time and money into building a layer two solution for BTC or Ethereum since Bitcoin SV already exists.
Coinbase leaves blockchain lobbying group after Binance’s entry
Coinbase’s resignation letter hinted that Binance’s entry into the Blockchain Association as its reason for leaving the group it helped found.