Half a million ETH frozen as Parity Wallets get hacked
At least $150 million worth of Ethereum funds have been “frozen” after an accidental exploitation of a code bug. Over a hundred miners using multi-signature wallets to store their Ether virtual coins have permanently lost access to their accounts.
Millennials more likely to invest in cryptocurrency, study finds
The latest study suggested that Millennials are more likely to invest in cryptocurrency than any other age group.
BitTorrent creator launches world’s first eco-friendly cryptocurrency
Bram Cohen from BitTorrent created a cryptocurrency which uses fewer resources.
Sweden and New Zealand release ICO-related regulation statements
Sweden’s financial regulators have issued a statement detailing the risks related with ICO investments. On the other hand, the statement issued last month by New Zealand’s Financial Market Authority (FMA) regarding cryptocurrency services encouraged ICOs and the cryptocurrency industry.
Upcoming Bitcoin hard fork, SegWit2x, cancelled for lack of consensus
Mike Belshe, project lead for the Segwit2x hard fork, just announced that the controversial Bitcoin protocol upgrade has been cancelled. The split that was expected to occur on or around November 16th, has been suspended indefinitely.
UFC caught running covert mining scripts
The popular sports platform’s fans have been accusing it of running a mining script without their consent.
Bitcoin price to reach $8000 says Goldman Sachs analyst
Goldman Sachs’ chief technician stated that Bitcoin will soon reach up to $8 000.
New blockchain technology claims to be 10x more efficient
The latest blockchain technology, Graphene, promises to be quicker and more efficient than current technology.
State Bank of India employs Blockchain to manage KYC system
One of the biggest banks of India, the State Bank of India (SBI), disclosed its plans to implement Blockchain solutions in the management of Know Your Customer (KYC) protocols, among other financial processes.
NASDAQ says ICOs are “very young” and not the best way of fundraising
NASDAQ, the second-largest stock exchange in the world by market capitalization, says that their exchange is the best way for companies to raise cash. The US-based exchange continued to explain that Initial Coin Offerings (ICOs) are still an immature funding method.
