Author: William Foxley

Exploit During ETHDenver Reveals Experimental Nature of Decentralized Finance – CoinDesk

CoinDesk

Decentralized finance (DeFi) project bZx has suffered an attack in which a hacker successfully gamed multiple DeFi protocols to extract $350,000 from the platform, about 2 percent of the assets under management. In response, the company took down its lending Read More

SEC ‘Safe Harbor’ Proposal Lauded by Token Fans, DeFi Builders at 0x Conference – CoinDesk

CoinDesk

The token industry is applauding SEC Commissioner Hester Peirce’s “Safe Harbor” proposal, calling it a mature response to the 2017 ICO bubble. Announced the day before decentralized finance (DeFi) protocol 0x’s 0xpo conference last Friday in San Francisco, founders, lawyers Read More

‘95% Confidence’: Ethereum Developers Pencil In July 2020 for Eth 2.0 Launch – CoinDesk

CoinDesk

Ethereum’s next system-wide upgrade, Eth 2.0, won’t launch in Q2 2020 as expected, but researchers remain confident the initial network parameters will deploy in 2020. Anything less would be considered a “failure,” they said. In an “Ask Me Anything” Reddit Read More

Zcash’s Funding Vote and the Problems With Decentralized Governance – CoinDesk

CoinDesk

The zcash community has agreed to continue funding the development of its privacy coin, ZEC, as spearheaded by the Electric Coin Company (ECC) and the Zcash Foundation, according to voting results published by the foundation Thursday. The decision marks the Read More

Coinbase Custody Goes International With New Entity in Ireland – CoinDesk

CoinDesk

Coinbase has launched Coinbase Custody International Inc., a European entity for handling cryptocurrency deposits. Based in Dublin, Ireland, Coinbase said in a blog post that client demand for institutional-grade custodial services drove the move. Separately, a spokesman for the exchange Read More

Ethereum Classic Successfully Completes ‘Agharta’ Hard Fork – CoinDesk

CoinDesk

Ethereum Classic successfully completed the “Agharta” hard fork at block number 9,573,000 at 06:26 UTC on Sunday, according to etcnodes.org. Similar to the network’s last backwards-incompatible upgrade in September, Atlantis, Agharta makes ethereum classic more interoperable with sister-chain ethereum. As Read More

Crypto Trading Privacy Gets a Boost as $15M of Tether Moves to Liquid Sidechain – CoinDesk

CoinDesk

Stronger privacy is coming to the largest stablecoin, tether, with a recent blockchain-to-blockchain swap of $15 million worth of tokens. At 11:27 UTC on Jan. 7, stablecoin issuer Tether conducted a cross-chain swap of some 15 million USDT reserves from Read More

Why Harvard Research on a Low-Profit Tezos Attack Matters for Proof-of-Stake – CoinDesk

CoinDesk

A recent academic study says Tezos is threatened by “selfish mining,” providing a valid threat model for other live and up-and-coming proof-of-stake (PoS) cryptocurrencies. That’s the finding from Selfish Behavior in the Tezos Proof-of-Stake Protocol, published last November by then-Harvard Read More

Longfin CEO Reaches $400,000 Settlement With SEC Over Fraud Charges – CoinDesk

CoinDesk

The U.S. Securities and Exchange Commission (SEC) has reached a settlement with fintech firm Longfin’s CEO, Venkata S. Meenavalli, on charges of fraud. According to an SEC press release Friday, Meenavalli has agreed to pay $400,000 in both disgorgement and Read More

American Cancer Society Now Accepting Bitcoin Donations Through BitPay – CoinDesk

CoinDesk

The American Cancer Society (ACS), a non-profit organization committed to funding cancer research, is now accepting bitcoin donations through BitPay. “Cancer affects people from all walks of life, so it’s not surprising that we draw support from a broad cross-section Read More

Binance Adds 167 Fiat Payment Options Through Integration With P2P Exchange Paxful – CoinDesk

CoinDesk

Binance has teamed up with peer-to-peer bitcoin exchange Paxful to add new ways to purchase bitcoin. Announced Thursday, Paxful’s Virtual Bitcoin Kiosk will exclusively serve Binance as an additional fiat-to-crypto on-ramp for its users, joining services such as Koinal and Read More

Ethereum’s Istanbul Hard Fork Is Now Live – CoinDesk

CoinDesk

Ethereum has successfully completed the Istanbul hard fork. Hitting at block number 9,069,000, the systemwide upgrade is the network’s third in 2019, following February’s St. Petersburg and Constantinople hard forks. The months-long process culminated at 0:25 UTC on Sunday. Another Read More

Ethereum’s Top DEX Is Relaunching to Tap Istanbul’s Lower Gas Fees – CoinDesk

CoinDesk

IDEX, the top decentralized exchange (DEX) for ERC-20 tokens in 2019, according to etherscan, is launching a new DEX on top of Rollup technology, a Layer 2 scalability protocol only made possible through Ethereum’s latest “Istanbul” hard fork. As part Read More