BitFury to Eliminate Corruption With Blockchain TechnologyFull service blockchain technology company The Bitfury Group has joined forces with the non-governmental organization the National Democratic Institute to form the Blockchain Trust Accelerator Initiative.
QIWI: Five Banks to Join Russian Take on R3Russia’s blockchain consortium will initially incorporate five banks along with the project’s initiator, payments processor QIWI, and the Bank of Russia as a regulator.
Head of Post Bank Believes Government Will Inevitably Lose Control Over Money TransactionsSpeaking at Saint Petersburg International Economic Forum, Dmitry Rudenko, Head of Russia-based PostBank, stated that the development of blockchain technology and cryptocurrencies is profitable for Russia due to its infrastructure and nature features.
The DAO Under Attack: $50 Million StolenToday, the world’s first decentralized venture fund The DAO has been attacked. Unknown hackers keep on withdrawing ETH tokens from the fund. Overall amount of stolen assets comprises around $50 million at the time of writing. ETH and DAO exchange rate has dropped almost immediately across all cryptocurrency exchanges. 1 ETH is worth 0.02 BTC […]
The DAO Eliminates Vulnerability That Allowed Endless Withdrawals from Some AccountsA vulnerability in the implementation of Ethereum protocol by some developers has resulted in a need for fixing the DAO. The first decentralized venture foundation owns around $165 million accumulated during the recently closed crowdsale campaign.
Sunday Moon: Bitcoin Rises Above $700Sunday, June 12, 2016, was noteworthy for bitcoin’s skyrocketing. At the moment of writing, the cryptocurrency price has surpassed $700 at exchanges like Huobi and OKCoin.
Almost 33 Million Twitter Passwords Stolen and Put Up for Sale for BitcoinsInformation security website Leaked Source has announced that a database containing upwards of 32.8 million stolen Twitter passwords has popped up on the darkweb. The experts noted that the data had been stolen directly from users, most of whom use Russia-based services.
Well-Known Lawyer to Head Russian Blockchain Community June 6, the management board of Blockchain.community elected Artem Tolkachev as its chairman instead of Alex Fork.