The perpetrator initiated their scheme by funding each wallet with small amounts of Ether and subsequently deploying a proprietary token named Gemstone (GEM), which was not open source. They then proceeded to whitelist all their wallets, claiming all self-deployed tokens in the process
Blockchain-based file-sharing and payment network LBRY may be reversing course on an earlier decision to wind down, filing a notice of appeal against a federal judge ruling in July that sided with the Securities and Exchange Commission. On Sept. 7, LBRY filed a notice of appeal to the United States Read more…
Earlier today, Ripple released a video (which is part of a series called “#Crypto in One Minute”) featuring Brendan Berry, who is the the head of payments product management. Berry identifies three core concepts that need improvement in the payments sector: Cost, Speed, and Reliability. Berry contrasts the experience of Read more…
According to a recent article by Bloomberg News, in late July, a programmer at Estonia’s CoinsPaid, a prominent crypto payment processor, was contacted by a recruiter on LinkedIn for a job opportunity. During a 40-minute video interview, the engineer was asked to download a file for a technical test on Read more…
This was a transaction on the Tron network, which occurred between one of the public addresses belonging to Tether and one of those belonging to the crypto exchange Bitfinex. Both companies belong to the iFinex group, and Bitfinex is in fact USDT’s primary marketplace, i.e., the exchange used to place Read more…