Cryptospace News Digest, June 12 – 19The DAO drama, panic at exchanges, bitcoin’s future and a bit of blockchain for the future — all the week’s events in ForkLog’s traditional overview.
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Cryptospace News Digest, June 12 – 19
Recursive Call: The DAO on the Brink of Death and Ethereum To Be HardforkedEthereum Foundation headed by Vitalik Buterin opted to save the DAO funds for investors. However, the latter will only have an option of withdrawing funds. The DAO, as it may seem, is no more.
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.
Halving and Yuan Deprecation: Why Bitcoin Price GrowsOver the course of these two weeks, bitcoin has broken several records having surpassed the $500, $600 and $700 marks in a sequence. ForkLog talked with cryptocurrency trading expert Kir Kelevra to find out the reasons for the upsurge and the perspectives it might provide to traders.
Bitcoin Minimalism: Counterparty to Talk with Bitcoin in EthereishJune 8, Ruben De Vries, one of developers of decentralized finance tools platform Counterparty has announced that testing the company’s new protocol for smart contracts, EVMParty, has successfully kicked off.
Cryptospace News Digest, May 22 – 29This week’s ForkLog overview features new price records of Bitcoin, the launch of Lisk and the completion of The DAO’s crowdsale, new announcements from Russian officials as to cryptocurrencies and blockchain technology, and some results of the recent Fintech Week Kyiv. Bitcoin Price This week, Bitcoin broke 2016 price record surpassing $500 for a short […]
How to Make a Socket Selling Power and Internet Access for EtherEarlier ForkLog wrote about Valery Litvin, a Belarusian blockchain developer from the Cyber.Fund team, and the smart socket selling power and Wi-Fi access for Ether he had created. The device has been presented and successfully tested at the recent Blockchain Conference Kyiv.