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0x Exchange v2.0 contract shut down and migrated due to potential exploit

Decentralized exchange protocol 0x disclosed that a potential exploit was found in one of its smart contracts; the exploit would have allowed an attacker to fill certain orders with an invalid signature leading the team to shut down the impacted contracts and redeploy them overnight – Link

By |July 13th, 2019|Security|0 Comments

SEC approves RegA+ token offering for Props

The Secuirities and Exchange Commission has given Blockstack the green light to Props for its own Reg A+; unlike Blockstack Props will not use the offering to raise money but instead to compliantly offer rewards to content creators and consumers on its network; the project has already raised $21M through a token sale with backers including […]

By |July 13th, 2019|Regulation|0 Comments

BitMEX grants $60,000 to Bitcoin Core contributor

Bitcoin Core contributor and project maintainer Michael Ford has been awarded a $60,000 non-exclusive grant by BitMEX to continue working on Bitcoin Core, according to the company; the grant is Ford’s first as a maintainer; in a statement, CTO Sam Reed expressed gratitude for Ford’s work – Link

By |July 13th, 2019|Utility|0 Comments

Bitcoin exchange owner gets 14 months in jail for lying about hack to SEC

Jon Montroll, founder of defunct exchange Bitfunder, has been sentenced to 14 months in jail after pleading guilty to fraud and obstruction of justice related to a July 2013 hack that lost more than 6,000 bitcoin; Montroll allegedly defrauded customers by failing to disclose the hack and misappropriating funds to cover it up; when questioned […]

By |July 13th, 2019|Regulation|0 Comments

trueDigital firms up plans to acquire crypto derivatives trading licenses

Digital asset solution trueDigital is set to acquire DCM and SEF licenses from its parent company trueEX pending CFTC approval; trueDigital is looking to launch physically deliverable Bitcoin swaps which would place it in direct competition with LedgerX and ErisX – Link

By |July 13th, 2019|Regulation|0 Comments

Facebook is seeking an economics researcher for its Calibra Wallet

Facebook subsidiary Calibra is seeking a PhD economist to join the team per CoinDesk. Calibra has 13 open positions compared to the Libra Foundation’s 40; as written on the job posting the economist will “initiate and execute projects around topics such as auction design, economic incentives in consensus protocols, market concentration, and macroeconomic aspects of […]

By |July 13th, 2019|Regulation|0 Comments

Japanese crypto exchange Bitpoint hacked, lost $32M

Japanese-exchange Bitpoint was hacked yesterday losing ¥3.5B or $32M in crypto including XRP; of the ¥3.5B, ¥2.5B belonged to customers; the exchange is still identifying the cause of the hack – Link

By |July 13th, 2019|Regulation|0 Comments

Trump blasts Bitcoin, Libra, and other cryptocurrencies

U.S. President Donald Trump criticized Bitcoin on Twitter:


– “I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air. Unregulated Crypto Assets can facilitate unlawful behavior, including drug trade and other illegal activity.”


– “Similarly, Facebook Libra’s “virtual currency” will have little […]

By |July 12th, 2019|Regulation|0 Comments

Binance burns $24M worth of BNB tokens allocated to team

Binance has conducted its eight quarterly burn of its 808,888 Binance Coin amounting to $23.8M; of the 189M tokens remaining, 89M are to be burnt with Binance CEO Changpeng Zhao saying the exchange is “building the Binance ecosystem without getting any BNB from the initial allocation”; in an AMA hosted yesterday, Zhao spoke on a […]

By |July 12th, 2019|Regulation|0 Comments

The differences between Bitcoin and Libra should matter to policymakers – Peter Van Valkenburgh

📚   A one-size-fits-all policy will not work for Bitcoin and Libra; although they share cryptographic features, both projects are different in both purpose and technology. Bitcoin is digital money; a bearer instrument based on trustlessness; Libra is a new financial service and global currency more akin to a registered instrument like airline miles; if the projects […]

By |July 12th, 2019|Regulation|0 Comments

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